201 Diamond Avenue, Newport Beach, CA 92662 - Berkshire Hathaway HomeServices California Properties

This desirable corner lot duplex on Balboa Island offers a rare opportunity for luxurious living or a savvy investment. Perfect for builders, investors, and developers seeking a prime coastal property. The spacious main unit features 3 bedrooms, 1.5 bathrooms, with direct garage access. The back unit above the garage has 1 bedroom and 1 full bath, offering comfort and charm. Complete with two garages for a total of three parking spaces. Enjoy peek-a-boo bay views and spectacular sunsets with a courtyard deck between the units and a 2nd-level attached deck to the main unit. Centrally located just seconds away from the ferry, Marine Avenue and the waterfront—this property is overflowing with possibilities. Don’t miss the chance to make a piece of Balboa Island yours in one of Orange County’s most sought-after locations!

Property type: Duplex (Single Family)

Status: Active

MLS# OC25004489

List price is $3,395,000 Reduced by $80,000 on 4/10/2025

HOA Fee is $0.00

Beds: 4

Baths: 3 (2 full) (1 half)

Family Room fireplaces

Built in 1929

1,843 sqft

2 stories

0.06 acres

Lot size: 0.0600

Subdivision: Balboa Island - Main Island (BALM)

County: Orange

Interior features: Balcony,Ceiling Fan(s),All Bedrooms Up

Parking description: Garage

Lot description: Corner Lot,Rectangular Lot

Heating/cooling: None

Heating description: Forced Air

MLS area: N9 - Lower Newport Bay - Balboa Island

Last Updated: 4/10/2025

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This listing belongs to the N9 - Lower Newport Bay - Balboa Island MLS area

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Lat/Long: 33.605815, -117.894342.
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Listing Agent: Brandon McTeer
Lic#: 01801928
Office Name: Sherman Oaks

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: