Skip main navigation
Sold for $6,000,000
  • Listing Provided by: 

    Ryan Gunderson DRE #01869795 ryan@arborrealestate.com,

    Arbor Real Estate

    Bought with: Pacific Sotheby's Int'l Realty
    $6,000,000

    121 Garnet Ave, Newport Beach, CA 92662

    3beds
    2,317sqft
    Single Family Residence
    Built in 2004
    2,550 Square Feet Lot
    $6,001,200 Zestimate®
    $2,590/sqft
    $7,813 Estimated rent

    Home value

    $6,001,200

    $5.58M - $6.48M

    $7,813/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $7,813/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,813/mo

    Rent Zestimate®

    Refinance and save

    $37,434/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $37,434/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Incredible opportunity to own a beautifully designed home on the quiet end of Balboa Island’s desirable 100 block of Garnet. The first level features a spacious raised front patio with fire pit and built-in barbecue, with beautiful bifold doors leading into a light-filled great room with fireplace, custom built-ins, separate dining area, and a gourmet chef’s kitchen offering elegant stonework, floating shelves, a large center island, and high-end appliances. This level also includes a private courtyard, a laundry area with additional sink, and a guest bath. The second level showcases a generous primary suite with vaulted ceilings, private two-story office, walk-in closet, and a spacious bath with walk-in shower and freestanding tub, along with a den, a dedicated fitness or flex room, two additional bedrooms including one ensuite, and an additional bath. The third level offers a bonus space with sink and mini refrigerator, opening to an impressive roof deck with covered lounge, fireplace, and dining space. The home also includes a spacious two-car garage with custom storage and an area for golf cart parking. Do not miss this rare opportunity to own an immaculate home in one of Balboa Island’s most peaceful locations.

    Zillow last checked: 7 hours ago

    Listing updated: February 25, 2026 at 01:08pm

    Listing Provided by:

    Ryan Gunderson DRE #01869795 ryan@arborrealestate.com,

    Arbor Real Estate

    Bought with:

    Kimberly Bibb, DRE #01210754

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: NP26028971MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bedroom
    • Features: All Bedrooms Up
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Dishwasher, Microwave, Refrigerator, Range Hood
    • Laundry: Stacked
    Features
    • All Bedrooms Up
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,317 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 2,550 sqft
    • Features: Rectangular Lot
    Details
    • Parcel number: 05004120
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Island - Main Island (Balm)

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    2/25/2026Sold$6,000,000+0.1%$2,590/sqft
    Source: CRMLS #NP26028971 Report a problem
    2/18/2026Contingent$5,995,000$2,587/sqft
    Source: CRMLS #NP26028971 Report a problem
    2/11/2026Listed for sale$5,995,000+46.2%$2,587/sqft
    Source: CRMLS #NP26028971 Report a problem
    8/2/2021Sold$4,100,000+2.6%$1,770/sqft
    Source: Public Record Report a problem
    7/26/2021Pending sale$3,995,000$1,724/sqft
    Source: CRMLS #NP21153713 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$47,812 +1.6%$4,350,952 +2%
    2024$47,056 +2.3%$4,265,640 +2%
    2023$45,992 -8.3%$4,182,000 +2%

    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,001,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,001,200