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Newport Beach, CA

$8,495,000

308 Grand Canal, Newport Beach, CA
3
Beds
5
Baths
2,181
Sq Ft
2017
Built
103
Days listed

About this home

An exquisite Balboa Island residence poised to deliver the very best of Newport Beach living. Set within the coveted "Little Island," this pristine waterfront oasis offers 30’ of frontage and a private dock accommodating a vessel up to 18’. Swoon-worthy interiors by renowned designer Michael Smith span approximately 2,181 square feet over three levels and incorporate stylish touches such as hand-carved fireplace mantels, bespoke draperies, custom window treatments, wall coverings, and designer faucets/fixtures throughout. Anchored by a custom fireplace, the open-plan living area is accoutered with beamed ceilings, accordion glass doors, stone flooring, built-in shelving, and electric Lutron shades that open to reveal a soothing backdrop of the bay. Outside, entertain and dine al fresco in the heated covered patio made for year-round enjoyment. Tailored to modern tastes, the chef’s kitchen is dressed in stone countertops, subway tile backsplash, white shaker cabinetry, heated floors, and built-in Wolf and Sub-Zero appliances. Rounding out the main level is a breakfast nook, half bath, and 84-bottle wine room with storage racks. A curved wooden staircase rises to the second level where all three generously proportioned en suite bedrooms reside including the opulent fireplace-warmed primary suite equipped with two large walk-in California Closets, spa-like bath outfitted in marble, heated floors, discrete built-in refrigerator, and accordion glass doors that lead to a private wrap-around balcony with heated flooring. Crowning the home on the third floor is an exercise room with an en suite bath and an executive office featuring wood flooring and lighted, built-in display cases and cabinets. Beyond, the view roof deck is the idyllic entertainment venue with covered and uncovered spaces serviced by a kitchenette for easy hosting. Additional highlights include an ELEVATOR servicing all three levels, Control4 AV and lighting system, Hikvision security camera system, Electrolux washer/dryer, TOTO toilet/bidet, electric-powered blinds in living room and primary bedroom, and two-car garage with built-in cabinets/storage. Set near picturesque beaches, shopping, dining, Lido House Hotel, and championship golf courses, in an exclusive waterfront community, the dream comes alive at 308 Grand Canal.

Facts & features

Interior
Bedrooms
3
Bathrooms
4 full, 1 half
Living area
2,181 sq ft
Interior features
Beamed Ceilings, Built In Features, Balcony, Breakfast Area, Eat In Kitchen, Elevator, Pantry, Recessed Lighting, Walk In Pantry, Wine Cellar, Walk In Closets
Appliances
Six Burner Stove, Built In Range, Double Oven, Freezer, Refrigerator, Warming Drawer
Flooring
Stone, Wood
Fireplace
Living Room, Primary Bedroom
Heating
Central, Fireplaces
Cooling
Central Air
Laundry
Inside, Laundry Room, Upper Level
Levels
Three Or More
Spa
None
Exterior & lot
Lot size
0.05 acres (2,175 sq ft)
Pool
None
View
Bay
Year built
2017
Parking
Door Single, Garage, Garage Faces Rear
Parking spaces
2
Community
Area
N 9 - Lower Newport Bay - Balboa Island
County
Orange
Community features
Water Sports
Listing details
Status
Active
Property type
Single Family Residence
Days on market
103
Listed
2026-02-11
Original price
$8,995,000
Terms
Cash To New Loan
Parcel #
05020209
MLS #
NP26031570
Listed by
Tim Smith · Coldwell Banker Realty

Location

Price history

Listed
$8,995,000 · 2026-02-11
Price reduced
$8,495,000 (−$500,000)
Days on market
103
Current price
$8,495,000
Financing

Could this home be yours?

Estimated monthly payment
$53,291
$42,955 principal & interest · $10,336 taxes & insurance
$1,699,000
Estimate only
Loan $6,796,000

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Estimated value range nearby
$4,679,317$5,493,112

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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308 Grand Canal, Newport Beach, CA — $8,495,000 | Your Agent