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119 Opal, Newport Beach, CA 92662

$5.80M3bd · 3ba · 2,354 sqft
Lot 2,550 sqft•Single Family Residence•
Active
•38d on market•MLS# PW-26210356

Property Description

Positioned just a few doors off South Bay Front on coveted Balboa Island, 119 Opal Avenue is a custom-built coastal residence that blends architectural craft with seamless indoor-outdoor living. Highlighted by a multi-tonal stacked-stone facade, warm stucco finishes, and a raised flagstone courtyard complete with a retractable awning, the home offers exceptional curb appeal and outdoor dining space. Inside, an oversized solid wood front door leads to an open-concept main floor featuring polished hardwood flooring, recessed lighting, and a floor-to-ceiling stone fireplace. Wide glass slider doors open directly to the front patio to capture coastal breezes, complemented by new air conditioning for year-round comfort, while the upper level includes a dedicated custom-built office and library space, a private second-story balcony, and access to a spacious rooftop deck for entertaining. Adjacent to deck is the loft which gives you an additional creative space to tailor to your needs. Whether hosting a summer BBQ or simply soaking in the sun, the deck provides the ideal setting for outdoor enjoyment. Each room is filled with natural light, creating a warm and inviting ambiance that instantly feels like home. Experience the ultimate in California living at this Balboa Island gem, where every detail is designed to enhance your everyday life.

Features & Amenities

FeeBuilt 2001

Property Details

Land Type
Fee
Year Built
2001
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Bay, Peek-A-Boo
City
Newport Beach
Zip Code
92662
County
Orange
Listed byBalboa Island Estates, Lucas Kinney

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$29,322.90
Principal & Interest
Loan Amount
$4,639,200
Total Interest
$5,917,044
Total Payment Over 30 Years
$10,556,244
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

119 Opal, Newport Beach, CA 92662

Newport Beach · Single Family Residence

$5.80M
Luxury Tier
Beds
3
Baths
3
Sqft
2,354
Lot
2,550 sqft
Year
2001
$/Sqft
$2463
Pool: No✓
View: Bay, Peek-A-Boo✓
Garage: 2-car✓

Listed 3.4% below the median closed sale of $6,000,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $5.80M· $2,463/sqft
Total list price
Closed comps
vs closed median $6.00M
−$201K (−3.4%)
Active comps
vs active median $6.00M
−$196K (−3.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,470
−$7 (−0.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
302 Ruby AvenueNewport Beach1993232,4152,550$2,153$5.20M2095
1303 Balboa BoulevardNewport Beach1972332,5622,400$2,576$6.60M18888
1517 Miramar DriveNewport Beach2026442,5542,450$2,447$6.25M3286
1617 Balboa BoulevardNewport Beach1929432,0783,080$2,575$5.35M10982
418 Belvue LaneNewport Beach1951432,3064,000$2,600$6.00M877
Total: 5 · Average3.43.22,3832,896$2,470.2$5.88M71.4
Median2,415$6.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
118 SapphireNewport Beach200910/30/2026342,3212,550$6.39M$6.28M$2,7040.985295
121 GarnetNewport Beach200402/25/2026342,3172,550$6.00M$6.00M$2,5901.001594
126 Ruby AvenueNewport Beach201601/02/2026352,4292,550$5.75M$5.50M$2,2640.9631890
206 Apolena AvenueNewport Beach202405/01/2026352,3332,550$6.50M$6.30M$2,7000.973890
204 Pearl AvenueNewport Beach193907/14/2026342,4282,550$6.00M$5.85M$2,4090.986687
Total: 5 · Average3.04.42,365.62,550$5.99M$5.99M$2,533.4—97.8
Median2,333$6.00M$6.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.