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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
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
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
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$29.9K
Per Month
Principal & Interest
$29.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$18K
Powered By
Advertisement
NMLS#3030
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
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.71 miles
Public District Grades KG-6
High School
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.07 miles
Public District Grades 7-12
Assigned Schools
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.71 miles
Public District Grades KG-6
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.19 miles
Public District Grades KG-6
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.68 miles
Public District Grades KG-6
Nearby Schools
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.84 miles
Public District Grades 7-8
9
/10
Vista Verde
6 Federation Way
Distance between this listing and this school3.93 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.96 miles
Public District Grades 6-8
Assigned Schools
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.07 miles
Public District Grades 7-12
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.83 miles
Public District Grades 9-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school3.38 miles
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 8/10Corona 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.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.