325 Grand Canal Newport Beach, CA 92662 Open Thu 11AM-2PM
UPDATED: 04/07/2026 01:16 PM ON MARKET: 2 days on market
$5,995,000
4 Beds4 Baths2,542 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,542 sqft
Price per Sqft $2,358
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID NP26073103
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1966
Lot Size 2,613 Sqft
Property Sub-Type Single Family Residence
Property Description
An exceptional opportunity to own a coveted waterfront home on Balboa Island. Whether envisioned as a future ground-up development or enjoyed as a charming coastal retreat, this property offers rare versatility in an iconic setting. Perfectly positioned along one of the island's picturesque canals, the home captures tranquil water views stretching toward Little Island, Bayside Drive, and the open bay beyond. Rich in character, this classic boardwalk residence blends timeless coastal charm with a flexible, spacious layout ideal for a variety of living arrangements. Originally built in the 1930s and thoughtfully expanded in the 1960s, the home now offers 4 bedrooms and 3.5 baths. Two living areas, dual dining spaces, two kitchens, and separate staircases create a unique configuration that lives like a single-family home while accommodating multi-generational living or guest flexibility. Outdoor highlights include a private dock suitable for an approximately 18-foot boat—perfect for bay cruising, paddleboarding, and enjoying the waterfront lifestyle—as well as a rooftop deck showcasing sweeping water views and refreshing coastal breezes. Additional features include garage parking that comfortably accommodates two cars plus a golf cart—an exceptional amenity on Balboa Island—and immediate access to the renowned boardwalk. A rare offering with endless potential—this is true waterfront living with space, character, and an unbeatable canal-to-bay location.
