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308 Grand Canal Newport Beach, CA 92662
$8,495,000 3 beds, 5 baths
2, 181 sqft
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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
Phone: 949-499-5900
Fax: 949-499-1414
Laguna Beach 30812 South Coast Hwy
Laguna Beach, CA 92651
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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# NP26031570
List price is $8,495,000 Reduced by $500,000 on 4/27/2026
HOA Fee is $0.00
Beds: 3
Baths: 5 (4 full) (1 half)
Living Room,Primary Bedroom fireplaces
Built in 2017
2,181 sqft
0.05 acres
Lot size: 0.0499
Subdivision: Balboa Island - Little Island (BALL)
County: Orange
Interior features: Beamed Ceilings,Built-in Features,Balcony,Breakfast Area,Eat-in Kitchen,Elevator,Pantry,Recessed Lighting,Walk-In Pantry,Wine Cellar,Walk-In Closet(s)
Appliances: SixBurnerStove,Built-In Range,Double Oven,Freezer,Refrigerator,Warming Drawer
Parking description: Door-Single,Garage,Garage Faces Rear
Lot description: ZeroToOneUnitAcre
Heating/cooling: Central Air
Heating description: Central,Fireplace(s)
MLS area: N9 - Lower Newport Bay - Balboa Island

Last Updated: 6/11/2026

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This listing belongs to the N9 - Lower Newport Bay - Balboa Island MLS area

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Lat/Long: 33.607441, -117.888633.
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Listing Agent: Tim Smith
Co Listing Agent: Donald Abrams
Lic#: 01924622
Office Name: Laguna Beach

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com

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30812 South Coast Hwy
Laguna Beach, CA 92651
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