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307 Fernando St1 / 59 · Click to zoom

About this home

Charming Balboa Peninsula beach house just steps from the sand. Ideally located in the heart of Newport Beach, this fully remodeled coastal retreat offers everything you could want in a vacation home. No expense was spared in the renovation, featuring brand-newer appliances, designer tile, and high-end finishes throughout, giving the home a fresh, like-new feel. Property highlights include a spacious primary suite with a massive bedroom and walk-in closet, three generously sized bedrooms, and three full bathrooms. Additional features include a large laundry room, a versatile bonus room currently set up as an office, and a sunny deck perfect for relaxing or entertaining. The home also boasts a charming fireplace and abundant windows that flood the space with natural light. This property presents an exceptional opportunity for both personal enjoyment and investment potential.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneAO / No Flood Zone
🏷 Last sold$1,825,000 · Sep 2021
📋 Assessed value$1,936,704
💵 Annual tax$20,852
🏫 School districtNewport-Mesa Unified School District

MLS #26016480MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone AO — high flood risk (insurance typically required)

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$17,510
Principal & interest$14,133
Property tax$2,562
Home insurance$815
Down payment: $559,000Loan: $2,236,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.