
224 Coral, Newport Beach, CA 92662
224 Coral, Newport Beach, CA 92662
Property Description
Incredible, light-filled oversized home on a rare double-wide corner lot facing Balboa Island’s beautiful Coral Avenue. With 60 feet of frontage, the brick-lined front patio is expansive and inviting, featuring multiple seating options and lush landscaping, including mature trees. Step through the welcoming Dutch door into an elegant and spacious living and dining area. Across the hall is the chef’s kitchen, with high-end appliances and plenty of counter and storage space. The large family room has generously high beamed ceilings, dining space, and a brick fireplace. Sliding doors open to a massive partially covered patio, perfect for entertaining and gathering, with dining space, fountain, and built-in grill. The first level also provides a dedicated laundry room, pantry, bedroom, full bathroom, and 2-car garage plus additional parking space. The second level showcases a substantial primary suite with soaring vaulted ceilings, private deck, deluxe spa-quality bath with extra-wide shower, and walk-in closet. Two guest bedrooms round off this level, one with lofted sleeping area, spacious sitting/gaming space, and balcony. The third level presents an additional bedroom, sitting area, and rooftop deck. Additional amenities include hardwood floors, unique gable-style roof with vaulted ceilings, solar panels, whole-house water filtration system, ample storage space, and brand-new central AC. 224 Coral is a once-in-a-lifetime opportunity; built in 1990 by Dennis Vitarelli, this exceptional home is filled with an abundance of natural light, and its sprawling footprint provides a sense of space, openness, and privacy uncommon on the Island.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Newport Beach · Single Family Residence
Listed 14.4% below the median closed sale of $6,600,000. Price per sqft ($1,680) is a 36% discount to closed comps ($2,606). Expect a longer timeline — comps averaged 131 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 928 Balboa Boulevard | Newport Beach | 2016 | 4 | 6 | 3,341 | 4,233 | $4,488 | $14.99M | 45 | 89 |
| 23 Edgewood | Newport Beach | 1998 | 4 | 4 | 3,100 | 4,135 | $1,451 | $4.50M | 118 | 83 |
| 1508 Balboa Boulevard | Newport Beach | 2015 | 4 | 6 | 3,316 | 2,700 | $2,109 | $7.00M | 213 | 81 |
| 642 Via Lido Nord | Newport Beach | 1981 | 4 | 4 | 2,919 | 2,880 | $5,822 | $17.00M | 40 | 76 |
| 333 Pirate Road | Newport Beach | 1983 | 5 | 4 | 3,359 | 7,168 | $1,785 | $6.00M | 41 | 74 |
| Total: 5 · Average | 4.2 | 4.8 | 3,207 | 4,223.2 | $3,131 | $9.90M | 91.4 | |||
| Median | 3,316 | $7.00M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Long Bay | Newport Beach | 1999 | 09/18/2026 | 4 | 4 | 3,100 | 4,133 | $4.58M | $4.50M | $1,452 | 0.98 | 63 | 94 |
| 2601 Bayshore Drive | Newport Beach | 1998 | 09/08/2026 | 4 | 5 | 3,672 | 4,000 | $11.20M | $11.00M | $2,996 | 0.98 | 195 | 92 |
| 18 Rue Grand Vallee | Newport Beach | 1971 | 09/08/2026 | 4 | 4 | 3,264 | 4,692 | $4.45M | $4.45M | $1,363 | 1.00 | 23 | 81 |
| 704 Via Lido Nord | Newport Beach | 1994 | 08/11/2026 | 4 | 5 | 3,174 | 3,150 | $17.89M | $16.25M | $5,120 | 0.91 | 242 | 78 |
| 503 L Street | Newport Beach | 2018 | 09/22/2026 | 4 | 5 | 3,148 | 3,523 | $6.89M | $6.60M | $2,097 | 0.96 | 130 | 78 |
| Total: 5 · Average | 4.0 | 4.6 | 3,271.6 | 3,899.6 | $8.56M | $8.56M | $2,605.6 | — | 130.6 | ||||
| Median | 3,174 | $6.60M | $6.60M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.