1520 Abalone , Newport Beach, CA 92662
$4,895,000
Est. Payment: $24,718.31/mo
4 Bed
5 Bath
2410 Sqft
Status: active | Days on site: 59
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Situated on a picturesque corner lot in the highly coveted Little Balboa Island, this beautifully remodeled residence offers the perfect blend of luxury, flexibility, and effortless coastal living. Just steps from the bay and a short stroll to the charming shops, restaurants, and cafés along Marine Avenue, the location embodies the very best of the Balboa Island lifestyle. Spanning more than 2,400 square feet, the home is currently configured as a spacious single-family residence, yet offers the unique opportunity to convert back to a duplex, creating exceptional flexibility for multi-generational living, private guest accommodations, or income-producing rental opportunities. Thoughtfully reimagined from top to bottom, the home showcases white oak hardwood flooring, refined finishes, and abundant natural light. The lower level is designed for seamless indoor-outdoor living. It features two generously sized bedrooms, one-and-one-half bathrooms, a fully equipped chef’s kitchen with premium appliances, and multiple outdoor entertaining spaces. Sliding doors open to inviting seating areas and a private spa, creating the perfect setting for relaxing or hosting family and friends. Upstairs, a secondary great room welcomes you with a cozy stone fireplace and bifold windows that create an indoor/outdoor feeling. The second-floor kitchen is beautifully appointed with quartz countertops, Wolf and Fisher & Paykel appliances, bar seating, and an open flow to the living and dining areas, making it ideal for entertaining. The upper level also features a spacious primary suite with a spa-inspired bathroom, and an additional en-suite bedroom. Offering a rare combination of turnkey luxury, versatile living options, and an exceptional Little Island location, this is a truly special opportunity to own a beautifully remodeled home in one of Balboa Island’s most sought-after neighborhoods.

Highlights

Listed by Heather Kidder , 949-238-6000 and Cherie Axelson , 9492781964 Arbor Real Estate , 949-673-7600. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.06

Year Built

1972

County

Orange

Area

N9 - Lower Newport Bay - Balboa Island

Neighborhood

Balboa Island - Little Island (BALL)

School District

Newport Mesa Unified

Listing ID

NP26126338

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:3
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Freezer, Disposal, Gas Range, Refrigerator, Range Hood
Air Cond:Central Air
Fireplaces:Family Room,Living Room
Floor:Wood
Other:Breakfast Bar,Breakfast Area,Recessed Lighting,Bedroom on Main Level
Other:Public

Exterior Features

Lot:Corner Lot,Drip Irrigation/Bubblers,No Land Lease
Garage Capacity:3
Others:Turnkey
Sewer:Public Sewer
Parking Features:Direct Access,Garage,One Space
Principal Interest
$24,718
Taxes
$3,121

Home Price

$4,895,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$979,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$24,718.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,718.31 $3,120.56 $0.00 $27,838.88
Yearly $296,619.76 $37,446.75 $0.00 $334,066.51
Total $8,898,592.90 $1,123,402.50 $0.00 $10,021,995.40

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T22:37:46.000Z

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