120 Coral Avenue

Newport Beach CA 92662

2182 sq. ft.

2550 sq. ft.

Duplex

Last sold for $3,615,000

Nikki Gwaltney, last sold this property on 02 April 2026 after 36 days on market.

Overview

Situated on the coveted 100 block of Coral Avenue on Balboa Island, just seven homes from the sand, 120 Coral Avenue presents a rare opportunity to own a versatile coastal property in one of the most desirable pockets of Newport Beach. The property features a 1,582± square-foot detached Spanish-style front residence, built in 1990, along with a 600± square-foot rear residence above the two-car garage, offering exceptional flexibility for rental income, guest accommodations, or extended family living. The charming front unit includes two spacious bedrooms upstairs, each with its own full bath, as well as a full bath downstairs located off of a den. The two-bedroom rear unit, paneled from floor-to-ceiling in rich pine wood, was originally constructed in the 1950s and has been thoughtfully updated over the years to meet modern living needs. Both residences underwent kitchen and bathroom updates in 2011, providing functional layouts with enduring coastal appeal. The separation between the two units allows for privacy while maintaining the charm and walkability that define Balboa Island. Carport for golf cart parking on the side of the house. Perfectly located only four streets from Marine Avenue, on one of the wider streets on the island, this property is ideal for an owner-user, investor, or anyone seeking a prime coastal location with long-term upside.

Features

4 bedrooms

4 bathrooms

3 carspaces

1 carport space

2 garage spaces

2182 sq. ft. floor area

2550 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Newport Beach over the last 12 months, the estimated median property value of 120 Coral Avenue is $3.62m.

Median value

$3.62m

Estimated value range

$2.9m - $4.7m

Median days on market

Estimated value trend

-8%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Newport Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 120 Coral Avenue

2026

Sold

$3,615,000

02 Apr 2026 by Nikki Gwaltney, of Compass

Happy sellers in Newport Beach

We have insufficient information to provide an overview of customer satisfaction for Newport Beach. Viewing the agent profiles, reviews and sales for Newport Beach can provide insights for this location.