Prime location on the Balboa Peninsula
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413 29th, Newport Beach, CA 92663

$5.29M3bd · 5ba · 3,324 sqft
Lot 3,389 sqft•Commercial/Residential•
Active
•119d on market•MLS# OC-26130304

Property Description

A rare offering in the heart of Newport Beach’s coveted Cannery Village, this exceptional Live/work mixed-use property presents a unique opportunity to own a sophisticated coastal residence paired with a detached commercial space—an increasingly scarce asset in one of Southern California’s most desirable waterfront communities. Designed by acclaimed Stearns Architecture for investors and owner-users alike, the property offers significant flexibility, with separate access, utilities, and climate control for both the residential and commercial spaces, allowing each to function independently. Designed with flexibility in mind, the property may be enjoyed as a single 3,324-square-foot live-work environment or configured to maximize income potential through two distinct spaces: a nearly 2,400-square-foot residential loft and a separate approx 1,000-square-foot commercial/mixed-use suite. Whether utilized as a private office, showroom, studio, wellness space, or income-producing asset, the commercial component offers a level of versatility rarely found in Newport Beach. The residential loft-style home showcases striking industrial-modern architecture, highlighted by soaring double-height ceilings, expansive open-concept living spaces, and abundant natural light. Thoughtfully designed interiors feature two luxurious primary suites with walk-in closets, a dramatic loft retreat, and a welcoming great room centered around a fully rebuilt fireplace backlit by LED lights for a cozy evening ambiance. Elevated finishes and custom craftsmanship are evident throughout, complemented by a remodeled kitchen with new Thermador and Viking professional-grade appliances, fully integrated Lighting/audio/video Savant Home system with separate systems on lower and upper unit, brand new zoned Air conditioning system, a private elevator servicing the residence and parking accommodations for multiple vehicles—an exceptional amenity in this highly sought-after neighborhood. Ideally positioned at the gateway to the Balboa Peninsula, residents enjoy immediate access to Newport Harbor, world-class beaches, and the vibrant dining, shopping, and waterfront experiences of Lido Marina Village.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Commercial/Residential
Parking Spaces
5
Garage Spaces
2
Heating
Central
Cooling
Central Air, Dual, High Efficiency
View
Ocean, Peek-A-Boo
Flooring
Concrete, Tile, Wood
Roof
Metal
City
Newport Beach
Zip Code
92663
County
Orange
Listed byWind Water, Inc, Jeremy Noel

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$26,774.40
Principal & Interest
Loan Amount
$4,236,000
Total Interest
$5,402,785
Total Payment Over 30 Years
$9,638,785
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 4 active · 0 closed

413 29th, Newport Beach, CA 92663

Newport Beach · Commercial/Residential

$5.29M
Luxury Tier
Beds
3
Baths
5
Sqft
3,324
Lot
3,389 sqft
Year
2005
$/Sqft
$1593
Pool: No✓
Spa: No✓
View: Ocean, Peek-A-Boo✓
Garage: 2-car✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $5.29M· $1,593/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $5.75M
−$455K (−7.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,176
−$583 (−26.8%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2910 Lafayette AvenueNewport Beach2025333,0623,317$3,837$11.75M11077
122 AgateNewport Beach1937343,0262,550$1,056$3.19M7973
517 30th StreetNewport Beach2004242,5112,766$1,750$4.39M16570
411 30th StreetNewport Beach1998022,7905,663$2,061$5.75M9249
Total: 4 · Average2.03.32,847.253,574$2,176$6.27M111.5
Median3,026$5.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.