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$949,000
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Property Description
New Co-Ownership Opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Breezy days await you at Balboa Promenade, a beautifully designed, charming home perched along Balboa Island's main walking route. Step out on your patio for epic people-watching and enjoy an easy 1.5-mile loop around the canal, or take a Duffy for a ride out and see the iconic surf spot, The Wedge. Plus, the home is only minutes away from Newport Beach's pristine coastline, charming boutiques, high-end shops and lively restaurants.The charm continues in the home's great room, with a fireplace, high quality finishes, beamed wood ceilings and multiple doors to the waterfront patio. A dream kitchen, with high-end stainless steel appliances, separates the formal living and dining space from a relaxed family room with doors to a sun-dappled side patio and an outdoor fireplace.The upstairs primary suite is a private enclave, with a fireplace, French doors to a charming deck, and an en suite bathroom featuring a soaking tub, two-sink vanity and tiled shower.The home offers easy access on and off the island through the semi-private alley directly from the two-car garage to the Balboa Bridge. The home comes fully furnished and professionally decorated.
Full Property Details
Full Property Details for 305 Grand Canal
General
- Price: $949,000
- Status: Active
- Type: Single Family
- Source: CLAW
- MLS ID: 25569349
- Updated: 10/22/2025
- Added to Site: 178 day(s) ago
Interior
- Rooms/Areas: Family Room, Dining Area, Primary Bedroom, Walk-In Closet, Patio Open
- Fireplace: Yes
- Number of Fireplaces: 2
- Furnishings: Furnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Family Room: 1
- Laundry: Garage
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Garage Description: Attached, Garage - 2 Car, Direct Entrance
Location
- Area: Lower Newport Bay - Balboa Island
- County: Orange
- Driving Directions: Drive onto Balboa Island from Jamboree Ave. Turn left on Balboa Ave. Turn left at Grand Canal. House is on the main island.
Heating & Cooling
- Cooling Type: Air Conditioning, Central
- Heating Type: Central, Forced Air
Structural Information
- Architectural Style: Contemporary Mediterranean
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 2
- Square Feet: 2,157
- Sq. Ft. Source: Owner
- Year Built: 1945
- Year Built Source: Seller
- Property Condition: Updated/Remodeled
- Other Struct. Feat.: Balcony, Barbecue Private
Additional Structures
- Other Structures: None
Lot Features
- Property View: Canal, Water, Marina
- Lot Size (Acres): 0.06
- Lot Size: 2614
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 30 x 85
- Lot Features: Canal
Water Features
- Water Front: Yes
- Water Front Desc.: Canal
Financial Considerations
- Price Per Sq. Ft.: $439.96
- Assessment Year: 1945
Disclosures and Reports
- Disclosures/Reports: None
- APN: 050-151-21
Listed by Pacaso Inc., Jacob Karp
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Schools
Schools serving 305 Grand Canal
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Newport Beach, CA 3101 Pacific View Dr., Newport Beach, CA 92625 | K-6 | 1.6 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2 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 305 Grand Canal
Date
Details
Price
Change
Source
7/24/2025
Listed
$949,000
-84.94%
MLS
3/22/2022
Sold
$6,300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 305 Grand Canal
Year
Property Taxes
Change
Tax Assessment
Change
2025
$73,104
12%
$6,685,610
2%
2024
$65,278
-7%
$6,554,520
2%
2023
$70,450
94%
$6,426,000
89%
2022
$36,282
2%
$3,400,871
2%
2021
$35,587
1%
$3,334,188
1%
2020
$35,245
38%
$3,300,000
38%
2019
$25,564
2%
$2,383,946
2%
2018
$25,055
2%
$2,337,202
2%
2017
$24,613
2%
$2,291,375
2%
2016
$24,061
1%
$2,246,447
2%
2015
$23,834
12%
$2,212,704
11%
2014
$21,343
1%
$1,985,734
—
2013
$21,232
—
$1,976,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 305 Grand Canal
305 Grand Canal, Newport Beach, CA 92662 (MLS# 25569349) is a Single Family property with 4 bedrooms and 3 full bathrooms. 305 Grand Canal is currently listed for $949,000 and was received on July 24, 2025. Want to learn more about 305 Grand Canal? Do you have questions about finding other Single Family 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.

