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$3,050,000
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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.
Full Property Details
Full Property Details for 126 31st St
General
- Sold For: $3,050,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: NP25229658
- Added to Site: 106 day(s) ago
Interior
- Rooms/Areas: Family Room, Kitchen, Primary Bedroom
- Interior Features: Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Breakfast Counter/Bar
- Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
- Flooring: Stone
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Garage, Inside, Upper Level
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage
Location
- County: Orange
- Subdivision: Balboa Peninsula (Residential) (BALP)
- Driving Directions: Balboa Blvd to 31st Street
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Foundation: Slab
- Roof: Composition, Shingle
- Common Walls: End Unit, No Common Walls
- Doors: Sliding Doors
- Disability Access: No Interior Steps
- Entry Location: 1/2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,461
- Sq. Ft. Source: Assessor
- Year Built: 1972
- Year Built Source: Assessor
Lot Features
- Property View: Ocean, Peek-a-Boo
- Lot Size (Acres): 0.05
- Lot Size Source: Assessor
- Lot Description: Corner Lot, Patio Home
- Fencing (Description): Wood
Financial Considerations
- Price Per Sq. Ft.: $1,239.33
Disclosures and Reports
- Special Conditions: Standard
Listed by Arbor Real Estate, Heather Kidder and Arbor Real Estate, Sara Taylor
Sold by Alliance Investment RE Group, Ruben Khorsandi
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Schools
Schools serving 126 31st St
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 0.9 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 1 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 31st St
Date
Details
Price
Change
Source
11/04/2025
Sold
$3,050,000
15.09%
MLS
10/02/2025
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
126 31st Street, Newport Beach, CA 92663 (MLS# NP25229658) is a Duplex property that was sold at $3,050,000 on November 04, 2025. Want to learn more about 126 31st Street? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

