$3,685,000

120 Coral Avenue, Newport Beach, CA 92662

4 beds |
4 baths |
2,182 sqft

Town Home
Built in 1990
2,548sqft lot
2 car garage
$1,689/sqft
Listed 1 month ago

Property Description

Situated on the coveted 100 block of Coral Avenue on Balboa Island, just seven homes from the sand, 120 Coral Avenue presents a rare opportunity to own a versatile coastal property in one of the most desirable pockets of Newport Beach. The property features a 1,582Â± square-foot detached Spanish-style front residence, built in 1990, along with a 600Â± square-foot rear residence above the two-car garage, offering exceptional flexibility for rental income, guest accommodations, or extended family living. The charming front unit includes two spacious bedrooms upstairs, each with its own full bath, as well as a full bath downstairs located off of a den. The two-bedroom rear unit, paneled from floor-to-ceiling in rich pine wood, was originally constructed in the 1950s and has been thoughtfully updated over the years to meet modern living needs. Both residences underwent kitchen and bathroom updates in 2011, providing functional layouts with enduring coastal appeal. The separation between the two units allows for privacy while maintaining the charm and walkability that define Balboa Island. Carport for golf cart parking on the side of the house. Perfectly located only four streets from Marine Avenue, on one of the wider streets on the island, this property is ideal for an owner-user, i

Listing Status:: Pending
Date Added:: February 24, 2026
Data Last Updated:: April 2, 2026 at 2:08PM
Listing Office:: Compass : 858-345-4514
Listing Agent:: Nikki Gwaltney : 949-422-0943
MLS ID:: CRNP26040935

General: Central Vacuum
Laundry: In Garage
Flooring: CarpetTile
A/C: NoneWall/Window Unit(s)
Heating: Forced AirWall Furnace
Fireplace: Living RoomFireplace

General: Other
Style: Spanish
Pool: None
Parking: DetachedGarage Faces RearOn StreetParking spaces: 3

General: Stucco2

HOA Amenities: 0.0
School District: Newport-Mesa Unified
County: Orange

Zoning: 05011204
View: OtherView

This listing courtesy of Nikki Gwaltney , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Harbor View Elementary School

900 Goldenrod Ave, Corona Del Mar, CA, 92625

Grades KG-6

1.33 miles away

Horace Ensign Intermediate School

2000 Cliff Dr, Newport Beach, CA, 92663

Grades 7-8

1.70 miles away

Newport Harbor High School

600 Irvine Ave, Newport Beach, CA, 92663

Grades 9-12

1.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.