This beautiful bayfront is set on a premier stretch of the coveted Balboa Peninsula Point. Steps from the iconic Wedge Beach on a quiet and broad tree lined street, this waterfront property is the epitome of luxury living. Timeless curb appeal makes a stunning first impression and sets the tone of coastal grandeur that continues as you enter the chic foyer with sweeping staircase. Prepare to be mesmerized by the magnificent kitchen and great room with sparkling bay views, HIGH COFFERED CEILINGS and precision millwork. Enjoy watching colorful sailboats and stunning yachts cruising by from a chef’s dream kitchen, perfect for preparing gourmet meals and hosting catered affairs. Coastal white cabinetry, sand-hued countertops, top-of-the-line appliances and walk-in pantry all surround a striking sea-green island. Opposite the kitchen, a gorgeous fireplace sits center in the expansive living area with a beverage bar and below ground wine cellar. The living area continues outdoors on a sprawling covered deck with built-in BBQ, fire-pit and private dock that can accommodate a Duffy boat or other vessel up to approx 35 ft, and boundless bay views that are the best Newport Beach has to offer. Completing the first floor is a spacious bedroom that can also serve as a den or office with an ensuite bathroom and an opulent half-bath. Retreat upstairs via the stairs or elevator, where you will find a second living room with balcony, two additional bedrooms and bathrooms and separate laundry room. The magnificent primary suite includes a large walk-in closet and bayfront balcony that runs the length of the room’s grand seating area with a fireplace and massive sleeping area. The stately primary bathroom features separate double vanities, makeup area, oversized shower and two private water closets. Family room or den could be 5th bedroom option. The bayfront splendor continues upwards to the rooftop deck with jaw-dropping 360 panoramic views of the bay, CDM and shimmering Pacific Ocean, along with a SPA and lounge seating. A two-car garage offers ample built-in storage and space to park a golf-cart. Enjoy bike riding to coffee and restaurants, access to the private bay beach, and one of the most coveted (and beachfront) schools in the country for your kids. Fall in love with all the wonderful memories this home has to offer.
Property Details
Property Features
Property Information:
Architectural Style: Custom, Other
Year Built: 2013
Stories: 2
Living Area: 3,817 SqFt
Listing Office:
Office Name: The Oppenheim Group
Office Phone: (310) 866-9410
Listing Agent: Giovanne Helou
Interior Features
Interior Information:
Appliances: Range, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Ice Maker, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
Flooring Type: Stone, Wood
Interior: Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Coffered Ceiling(s), Elevator, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Paneling/Wainscoting, Bar, Bedroom on Main Level, Walk-In Closet(s)
Fireplace: Great Room, Primary Bedroom, Outside
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Bay Front, Dock Access, Ocean Access
View: Island, Other, Ocean, Panoramic, Water
Exterior: Barbecue, Boat Slip, Dock, Fire Pit
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Door-Multi, Direct Access, Garage, Storage
Lot Features
Lot Information:
Lot: Irrigation System, Landscaped
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Newport Harbor High School, Public District Grades 9-12
Horace Ensign Intermediate School, Public District Grades 7-8
Newport Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Balboa Blvd to Channel Rd
Price Information
Listing Price Info
Price Summary:
List Price: $12,995,000
Price Per SqFt: $3,405/SqFt
Tax Information:
Annual Amount: $49,863
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 $9.6M more than the Median Sold Price and $2K/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: #OC24061428
Listing Office:
Office Name: The Oppenheim Group
Office Phone: (310) 866-9410
Listing Agent: Giovanne Helou
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: 5/3/2024, 10:20:45 AM 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
$49,863
$4,704,628
2020
$49,385
$4,656,388
2019
$47,387
$4,565,087
2018
$47,387
$4,475,576
2017
$46,548
$4,387,820
History based on county public records data.
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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
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school2.14 miles
Public District Grades KG-6
Middle School
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school2.45 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.46 miles
Public District Grades 9-12
Assigned Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school2.14 miles
Public District Grades KG-6
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school0.86 miles
Public District Grades KG-6
7
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.55 miles
Public District Grades KG-6
Assigned Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school2.45 miles
Public District Grades 7-8
Nearby Schools
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school3.86 miles
Public District Grades KG-8
9
/10
Rancho San Joaquin Middle School
4861 Michelson Dr
Distance between this listing and this school6.22 miles
Public District Grades 7-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.46 miles
Public District Grades 9-12
Nearby Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.50 miles
Public District Grades 7-12
9
/10
University High School
4771 Campus Dr
Distance between this listing and this school5.06 miles
The neighbors living near this home have an average income of $133,019. Residents of Newport Beach, CA typically earn $200k+ each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2218 Channel Rd
What is the listing price of this property?
The listing price of 2218 Channel Rd property is $12,995,000.
What type of property is this?
The property 2218 Channel Rd is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Active Listing: 2218 Channel Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2218 Channel Rd are: Newport Elementary School: GreatSchools Rating 9/10Horace Ensign Intermediate School: GreatSchools Rating 7/10Newport Harbor High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $49,863 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2218 Channel Rd has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 2218 Channel Rd is 3,817 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2218 Channel Rd is 2013.
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This home is located at 2218 Channel Rd in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 3,817 square foot home, which was built in 2013, sits on a 0.08 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $12,995,000.
Over 14 listings were sold over their listed price in April 2024 in Newport Beach, CA. In the same period over 57 listings were sold below the listed price and 17 listings were sold for the listed price. In April 2024 in Newport Beach, CA there were 11.2% more homes for sale than in March 2024. 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.
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. 
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