2 months on rocket

125 Grand Canal, Newport Beach, CA, 92662

$5,995,000

5 Bedrooms
4 Full Baths
2,520 SqFt
$2,379/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage, Garage Faces Rear
Attached Garage2 spaces
Year Built1985
HeatingCentral
CoolingCentral Air
WaterfrontBeach, Bay Front, Ocean Access
FireplaceLiving Room, Primary Bedroom
ViewCity Lights, Other, Neighborhood, Ocean, Water
MLS #LG24031352
Lot Size0.06 Acres
StatusActive

About 125 Grand Canal

Located along the shimmering canal, this Eastern coastal style home offers an opportunity to reside in a prime Balboa Island location - with a coveted private boat dock to match. This spacious, approximately 2,520 square foot fully remodeled haven offers the best of waterfront living. The bright and airy open-concept living area features iconic Newport Harbor views and abounds in elegant details, such as a sizable brick-surround fireplace with a wooden mantle, coffered ceilings, arched windows, and extensive custom millwork. The sun-drenched main level offers access to the two outdoor areas, with the canal-facing patio adjacent to the private dock serving as one of this home's main highlights, ideal for enjoying the local climate and water activities year-round. On the upper floor, the water-facing primary suite is truly grand, with a vaulted beamed ceiling, walls of windows to take in the incredible views, a five-piece bathroom, and access to a large balcony via French doors. The remaining bedrooms are ample and can serve as sleeping quarters, a secondary living area, or a home office. Onsite parking for three cars, including a two-car garage, completes this residence. 125 Grand Canal features a fantastic location, with the boutiques, grocery store, and restaurants of iconic Marine Avenue steps away - and easy access on and off the island for convenience. Minutes away from Fashion Island, John Wayne Airport, and legendary local beaches.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1985
  • Stories: 2
  • Living Area: 2,520 SqFt

Listing Office:

  • Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
  • Office Phone: (949) 689-9047
  • Listing Agent: John Stanaland

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Living Room Deck Attached, Open Floorplan, Stone Counters, Primary Suite
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Bay Front, Ocean Access
  • View: City Lights, Other, Neighborhood, Ocean, Water
  • Exterior: Boat Slip, Dock, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage, Garage Faces Rear

Lot Features

Lot Information:

  • Lot: Flag Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: PCH to marine ave. Left on Park. Right on Marine.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000
  • Price Per SqFt: $2,379/SqFt

Tax Information:

  • Annual Amount: $9,313
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,364

Avg. Days On Market

51

# of Sold Homes

88

125 Grand Canal vs Newport Beach

83 DAYS ON ROCKET

+32 Days

$5,995,000

+$2.6M More

$2,379/SqFt

+$1K More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $1K/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LG24031352

Listing Office:

  • Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
  • Office Phone: (949) 689-9047
  • Listing Agent: John Stanaland

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 8:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,313$850,565
2020$9,223$841,844
2019$8,858$825,338
2018$8,859$809,155
2017$8,703$793,290

History based on county public records data.

Payment Calculator

$29.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3467783
8
/10
  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.71 miles

  • Public District Grades KG-6

High School

school-card-donut-3467784
8
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.07 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,018. Typical income of Newport Beach, CA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 125 Grand Canal

What is the listing price of this property?

The listing price of 125 Grand Canal property is $5,995,000.

What type of property is this?

The property 125 Grand Canal is a house located in Newport Beach, California, 92662.

Is this property for sale now?

Active Listing: 125 Grand Canal is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 125 Grand Canal are:
Abraham Lincoln Elementary School: GreatSchools Rating 8/10
Corona Del Mar High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,313 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 125 Grand Canal has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 125 Grand Canal is 2,520 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 125 Grand Canal is 1985.
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Rocket HomesCaliforniaOrange CountyNewport Beach92662125 Grand Canal

This home is located at 125 Grand Canal in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,520 square foot home, which was built in 1985, sits on a 0.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $5,995,000.

Newport Beach, CA housing market in April 2024 saw over 14 listings sold above listed price, more than 17 sold at listed price and over 57 sold below. Between March 2024 and April 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in April 2024 was $3,356,190, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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