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New construction
$6,495,000
3beds
2,333sqft

206 Apolena Ave, Newport Beach, CA 92662

3beds
2,333sqft
Single family residence
Built in 2024
2,550 sqft
2 Attached garage spaces
$2,784 price/sqft

What's special

Two-car garagePrivate balconyBedroom suiteViews of south bayfrontCustom cabinetryQuality finishes throughoutPrivate deck

Fantastic modern Cape Cod custom home built in 2024 by Keystone Developers, offering 3 bedrooms including a separate JADU, 5 baths, elevator access to all three levels, and one of the most impressive roof decks on Balboa Island. The home features a front patio with fire pit and barbecue, opening through ...

11 days
|
3,488
|
108
|
Source: CRMLS,MLS#: NP26062616MLS LogoOriginating MLS: California Regional MLS
Travel times

Living Room

Kitchen

Primary Bedroom

Roof Deck

Roof Deck

Zillow last checked: 7 hours ago

Listing updated: March 31, 2026 at 10:49am

Listing Provided by:

Ryan Gunderson DRE #01869795 ryan@arborrealestate.com,

Arbor Real Estate

Source: CRMLS,MLS#: NP26062616MLS LogoOriginating MLS: California Regional MLS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
Rooms
  • Room types: Bedroom
Bedroom
  • Features: All Bedrooms Up
Cooling
  • Central Air
Appliances
  • Included: Dishwasher, Microwave, Refrigerator
  • Laundry: Laundry Room, Upper Level
Features
  • All Bedrooms Up
  • Flooring: Wood
  • Has fireplace: Yes
  • Fireplace features: Living Room, Primary Bedroom
  • Common walls with other units/homes: No Common Walls
Interior area
  • Total interior livable area: 2,333 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Garage - Attached
  • Attached garage spaces: 2
Features
  • Levels: Three Or More
  • Stories: 3
  • Entry location: 1
  • Pool features: None
  • Has view: Yes
  • View description: Bay, City Lights
  • Has water view: Yes
  • Water view: Bay
Lot
  • Size: 2,550 Square Feet
  • Features: Rectangular Lot
Details
  • Parcel number: 05012310
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Condition
  • New construction: Yes
  • Year built: 2024

Utilities & green energy

  • Sewer: Public Sewer
  • Water: Public

Community & HOA

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

Financial & listing details

  • Price per square foot: $2,784/sqft
  • Tax assessed value: $5,712,000
  • Annual tax amount: $63,056
  • Date on market: 3/24/2026
  • Cumulative days on market: 12 days
  • Listing terms: Cash to New Loan

Price history

DateEventPrice
3/24/2026Listed for sale$6,495,000+16%$2,784/sqft
Source: CRMLS #NP26062616 Report a problem
5/13/2024Sold$5,600,000+166.7%$2,400/sqft
Source: CRMLS #NP24095102 Report a problem
5/6/2021Sold$2,100,000+12%$900/sqft
Source: Public Record Report a problem
3/29/2019Sold$1,875,000-6%$804/sqft
Source: Public Record Report a problem
3/20/2019Pending sale$1,995,000$855/sqft
Source: Abrams Coastal Properties #NP19044637 Report a problem
11/16/2018Price change$1,995,000-2.7%$855/sqft
Source: Abrams Coastal Properties #NP18275283 Report a problem
10/10/2018Price change$2,050,000-4.7%$879/sqft
Source: Abrams Coastal Properties #NP18275283 Report a problem
9/11/2018Listed for sale$2,150,000+56.4%$922/sqft
Source: Abrams Coastal Properties #NP18275283 Report a problem
8/16/2018Listing removed$3,000$1/sqft
Source: Zillow Rental Network Report a problem
8/1/2018Listed for rent$3,000$1/sqft
Source: Zillow Rental Network Report a problem
7/15/2004Sold$1,375,000$589/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$63,056 +97.2%$5,712,000 +111.2%
2024$31,975 +19.3%$2,704,009 +19.5%
2023$26,799 +16.3%$2,262,490 +5.6%
2022$23,041 +10.6%$2,142,000 +10.9%
2021$20,837 +1%$1,932,313 +1%
2020$20,637 $1,912,500 +11.3%
2019$20,637 +11.2%$1,718,153 +2%
2018$18,564 +3.9%$1,684,464 +2%
2017$17,876 $1,651,436 +2%
2016$17,876 +2.3%$1,619,055 +1.5%
2015$17,476 +3.4%$1,594,736 +2%
2014$16,903 $1,563,498 +0.5%
2013-- $1,556,432 +32.6%
2012-- $1,174,020 +2%
2011-- $1,151,000 -22.5%
2010-- $1,484,815 -0.2%
2009-- $1,488,344 +2%
2008-- $1,459,161 +2%
2007-- $1,430,550 +2%
2006-- $1,402,500 +2%
2005-- $1,375,000 +1186.2%
2004-- $106,908 +1.9%
2003-- $104,949 +2%
2002-- $102,892 +2%
2001$1,138 +2.5%$100,875 +2%
2000$1,110 $98,898

Find assessor info on the county website

Monthly payment

Est. payment
$37,726/mo
Principal & interest
$31989
Property taxes
$5737
More affordability tools

    Estimated market value

    $6,274,600

    $5.96M - $6.59M

    $16,844/mo

    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating