126 31st ST Newport Beach, CA 92663 Pending

UPDATED: 10/13/2025 09:52 PM ON MARKET: 17 days on market

$2,650,000

6 Beds5 Baths2,461 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,461 sqft

Price per Sqft $1,076

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP25229658

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1972

Lot Size 2,178 Sqft

Property Sub-Type Duplex

Property Description

Tucked along the coveted Newport Beach Peninsula, this rare R-2–zoned duplex offers the ultimate coastal lifestyle—just 12 houses from the sand and within walking distance to the shops and dining of Lido Village, the amenities of The Landing Shopping Center, and the vibrant activity of Balboa Harbor. With R-2 zoning that permits Short-Term Lodging (property is eligible to apply for a permit), the property is as compelling for investment as it is for personal enjoyment. The upper unit lives like a private retreat, offering a spacious full kitchen, in-unit laundry, and three bedrooms—each with its own en suite bath—ideal for long-term living or premium rental opportunities. The lower unit is equally inviting with three bedrooms, two baths, and an open living area that flows seamlessly through sliding doors to a private outdoor patio. A two-car garage with laundry completes the lower level, providing both convenience and functionality. With its prime location, versatile layout, and short-term lodging potential, this property is a rare find—blending the best of lifestyle and investment in the heart of Newport Beach.


Listed by Heather Kidder Arbor Real Estate 949-238-6000