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327 Amethyst AVENewport Beach, CA 92662

For Sale

$7,495,000

Smart Buyer Rebate $74,950

Located just three doors from the Bay, this beautifully updated, oversized Balboa Island home sits on an impressive 40-foot-wide lot. Extensively remodeled with new structural steel, windows, doors, plumbing, electrical, roof, and much more, the home has been comprehensively updated throughout. A large front patio leads into a generous great room featuring a fireplace and multiple seating areas. The main living space continues into an incredible chef’s kitchen with a large center island, extensive custom cabinetry, and floating shelves, along with a one-of-a-kind dining space featuring custom built-ins. Also on the first level are a private office, full bath, and spacious interior courtyard that brings additional light and outdoor living into the center of the home. Upstairs, the expansive primary suite includes a private covered balcony, a beautifully finished bath with dual sinks, a freestanding soaking tub and walk-in shower, and a large walk-in closet. Two additional bedrooms each feature an en-suite bath, while one also opens to a large private deck. The home offers immense flexibility as one oversized residence or as a large front home with a separate JADU at the rear. Complete with its own private exterior entrance, the JADU includes a bedroom, bath, and kitchenette. Additional features include Sonos surround sound, a security camera system throughout, a two-car garage, an outdoor shower, and substantial off-street parking that allows the property to accommodate up to five or six vehicles. A portion of the side parking area may also be used as additional patio or entertaining space. Just steps from the waterfront and a short distance from the shops and restaurants of Marine Avenue, this is an exceptional opportunity to own a spacious and versatile home in the heart of Balboa Island.

Listed by Ryan Gunderson

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License #01869795

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Arbor Real Estate

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ryan@arborrealestate.com

Last updated October 30, 2026

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Source: CRMLS #NP26201140

Listing Facts

  • TypeMulti-family
  • NeighborhoodBalboa Island
  • Bedrooms4
  • Bathrooms1
  • Days on Prevu46
  • Size3,479 sqft
  • Price per sqft$2,154

Amenities

  • Air Conditioning
  • Parking

Location

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Listing History

09/15/2026
Listed by Arbor Real Estate
$7,495,000
  1. 09/15/2026$7,495,000
    Listed by Arbor Real Estate

Property Details for 327 Amethyst AVE

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Duplex
  • Year Built: 1968
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • View: Bay

Measurements

  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 3,400
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,400
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 05014233

Interior

Features

  • Appliances: Washer/Dryer Stacked
  • Fireplace Features: Living Room
  • Fireplace: Yes

Measurements

  • Living Area: 3,479
  • Living Area Source: Plans
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 4
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home

Location

  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Tax Block: 17
  • Tax Lot: 23

Parking

Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 1
  • Parking Features: Attached
  • Parking Total: 6

Schools

High School

  • High School District: Newport Mesa Unified

Utilities

Equipment

  • Cooling: Central Air, Ductless
  • Has Cooling: Yes
  • Heating: Central, Ductless
  • Has Heating: Yes
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 1 bathroom in this multi-family home at 327 Amethyst AVE.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 327 Amethyst AVE.

How does 327 Amethyst AVE compare to other multi-family homes in Balboa Island?

This multi-family home is listed 15% above the average price for multi-family homes in Balboa Island and has been on the market for 87 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,479 sqft.

327 Amethyst AVE is a 4-bedroom, 1-bath multi-family home for sale in Newport Beach CA 92662. Listed on Prevu for 46 days at $7,495,000. This home features 3,479 square feet of living space, located in Balboa Island. The median listing price for multi-family homes in this area is $5,724,500. The home offers air conditioning and parking. View other multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.