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3708 Channel Place, Newport Beach, CA 92663

$6.8M3bd · 3ba · 2,360 sqft
Lot 3,600 sqft•Single Family Residence•
Active
•29d on market•MLS# OC-26193091

Property Description

A rare Newport Island waterfront opportunity with a private 30-foot boat dock, wide water frontage and direct access to Newport Harbor. Custom built in 1985, this 2,360-square-foot, two-story residence offers an exceptional setting for enjoying the quintessential Newport Beach lifestyle. Designed for waterfront living and entertaining, the home features expansive windows overlooking the water, a spacious living room with built-in seating and fireplace, and French doors opening to the waterfront patio. The adjacent dining area connects to a generously sized kitchen with walk-in pantry, double ovens and gas cooktop. Upstairs, the private primary suite captures picturesque water views and features a fireplace, walk-in closet, wet bar and en-suite bath with dual vanity, separate shower and jetted tub. Two additional bedrooms share a full bath, while a drop-down staircase leads to the finished rooftop deck—an ideal setting for entertaining, relaxing and enjoying the surrounding harbor views. Outside, the 30-foot private dock and wide waterway frontage provide direct access to Newport Harbor for boating, paddle boarding and enjoying life on the water. Multiple outdoor spaces create an effortless connection between the home and its exceptional waterfront setting. Located on Newport Island, the property offers a rare combination of privacy and proximity, just moments from the ocean, boardwalk, Lido Village, Cannery Village, Newport Pier and an array of local shops and restaurants. Newport Island also offers its own neighborhood park with children's play area and basketball half-court. With its exceptional waterfront setting, private dock and distinctive custom architecture, this home offers an exciting opportunity to bring your own design vision and create a truly personalized Newport Island retreat.

Features & Amenities

FeeBuilt 1985

Property Details

Land Type
Fee
Year Built
1985
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air
Cooling
None
View
Bridge(s), Canal, Water
Flooring
Carpet, Tile
City
Newport Beach
Zip Code
92663
County
Orange
Listed byUnknown Office, Marianne Zarcone

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$34,384.50
Principal & Interest
Loan Amount
$5,440,000
Total Interest
$6,938,420
Total Payment Over 30 Years
$12,378,420
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 · 5 active · 5 closed

3708 Channel Place, Newport Beach, CA 92663

Newport Beach · Single Family Residence

$6.8M
Luxury Tier
Beds
3
Baths
3
Sqft
2,360
Lot
3,600 sqft
Year
1985
$/Sqft
$2881
Pool: No✓
Spa: No✓
View: water✓
Garage: 2-car✓

Listed 51.1% above the median closed sale of $4,500,000. Price per sqft ($2,881) is a 56% premium to closed comps ($1,844). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $6.80M· $2,881/sqft
Total list price
Closed comps
vs closed median $4.50M
+$2.30M (+51.1%)
Active comps
vs active median $4.15M
+$2.65M (+63.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,913
+$968 (+50.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3112 Corte HermosaNewport Beach1987331,9693,575$1,511$2.98M4180
1706 Ocean BoulevardNewport Beach1961322,3662,625$1,754$4.15M3674
119 OpalNewport Beach2001332,3542,550$2,463$5.80M1568
324 Prospect StreetNewport Beach1961332,2112,480$1,264$2.79M5865
1617 Balboa BoulevardNewport Beach1929432,0783,080$2,575$5.35M8864
Total: 5 · Average3.22.82,195.62,862$1,913.4$4.21M47.6
Median2,211$4.15M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
222 Via GrazianaNewport Beach200610/10/2026342,6413,150$5.90M$5.70M$2,1580.97066
1730 Ocean BoulevardNewport Beach193709/18/2026332,1002,625$4.59M$4.20M$2,0000.9113364
3601 Lake AvenueNewport Beach202609/04/2026452,2003,600$4.50M$4.50M$2,0451.001663
1415 Sea Ridge DriveNewport Beach199609/10/2026332,4605,354$3.20M$3.05M$1,2400.9518463
111 Via KoronNewport Beach196509/29/2026342,6752,640$5.00M$4.75M$1,7760.9519463
Total: 5 · Average3.23.82,415.23,473.8$4.44M$4.44M$1,843.8—105.4
Median2,460$4.50M$4.50M

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.