Millman Team Real Estate

$8,495,000
3 Bed
5 Bath
2,181 Sqft
0.05 Acre Lot

308 Grand Canal, Newport Beach, California 92662

  • Residential Property Type
  • 2,181 Sqft Square Footage
  • Garage Cars Garage
  • 2017 Year Built
Property Description

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.

Basic Details
Residential
For Sale
NP26031570
$8,495,000
Bay
3
5
1
2,181 Sqft
2017
0.05 Acre
Active
4
Single Family Residence
Features
: None
: Central, Fireplace(s)
: Central Air
: Living Room, Primary Bedroom
: Deck, Patio
: Garage, Door-Single, Garage Faces Rear
: Wood, Stone
: Walk-In Closet(s), Recessed Lighting, Balcony, Breakfast Area, Eat-in Kitchen, Walk-In Pantry, Built-in Features, Elevator, Wine Cellar, Beamed Ceilings, Pantry
: Inside, Laundry Room, Upper Level
: Public Sewer
: Ocean Side Of Freeway, Ocean Side Of Highway, Bayfront
: Blinds, Custom Covering(s)
$0
Appliances
: Double Oven, Refrigerator, 6 Burner Stove, Freezer, Warming Drawer, Built-In Range
Address Map
CA
Orange
Newport Beach
Balboa Island - Little Island (BALL)
92662
Grand Canal
308
W118° 6' 40.9''
N33° 36' 26.8''
Marine Avenue to Balboa turn Left onto Little Island
N9 - Lower Newport Bay - Balboa Island
Neighborhood
Newport Mesa Unified
Additional Information
$0
$0
$0
$0
$0
1
: Water Sports
Standard
1
2.0
: Three Or More
: 0-1 Unit/Acre
1
2026-02-12
8995000
3
https://youtu.be/PwAUCX7XZRc?si=7vVLM5NQeYrvBEfm
: Public
Broker/Agent Information
Coldwell Banker Realty
Tim Smith
Listing Information
Donald Abrams
U11623
U6505
Abrams Coastal Properties
U10153
U6312
Cash to New Loan
Active
2026-05-26T20:12:41Z
CRMLS
: Standard
2026-02-12T16:52:11Z
Agent info
Ray Millman
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