
4106 River Avenue, 2, Newport Beach, CA 92663
4106 River Avenue, 2, Newport Beach, CA 92663
Property Description
New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home. Waterside stands on River Avenue in Newport Beach, a newly built contemporary home with a private dock and Duffy boat on Balboa Cove. The white stucco exterior has clean lines, a two-car garage and a private elevator connecting all three levels, with the architecture oriented toward the water from the ground floor up.The main level has white oak floors, a fireplace and glass doors that open the full width of the living space to the waterfront patio below. The kitchen has white Shaker cabinetry, dark stone countertops, a custom exhaust hood, open shelving and a large island with bar seating, with a wine refrigerator built into the adjacent living area. The primary suite has its own fireplace, a private balcony overlooking the bay, a walk-in closet and an en suite bath with a freestanding soaking tub, rain shower and dual vanity. Three additional bedrooms each with private baths complete the layout.The waterfront patio has a gas fire pit, grill and outdoor dining area, with the private dock and Duffy boat just beyond for exploring Newport Harbor. The rooftop deck is Waterside's highest point, with an outdoor kitchen, fireplace and panoramic Balboa Cove views. Balboa Island, Channel Park and Fashion Island's shops and dining are all within easy reach.Waterside is fully designed, furnished and managed by Pacaso. Owners arrive to find the home exactly as it should be, with the dock ready and the bay just outside.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Newport Beach ·
Listed 78.0% below the median closed sale of $5,995,000. Price per sqft ($396) is a 83% discount to closed comps ($2,301). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4014 Channel Place | Newport Beach | 2024 | 3 | 5 | 2,735 | 3,420 | $3,473 | $9.50M | 54 | 88 |
| 1703 Plaza Del Sur | Newport Beach | 1940 | 4 | 5 | 3,117 | 2,522 | $288 | $899,000 | 752 | 87 |
| 2212 Oceanfront | Newport Beach | 1965 | 5 | 5 | 3,002 | 3,049 | $1,930 | $5.79M | 131 | 82 |
| 642 Via Lido Nord | Newport Beach | 1981 | 4 | 4 | 2,919 | 2,880 | $5,822 | $17.00M | 38 | 81 |
| 2910 Lafayette Avenue | Newport Beach | 2025 | 3 | 3 | 3,062 | 3,317 | $3,837 | $11.75M | 109 | 78 |
| Total: 5 · Average | 3.8 | 4.4 | 2,967 | 3,037.6 | $3,070 | $8.99M | 216.8 | |||
| Median | 3,002 | $9.50M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 221 Abalone | Newport Beach | 1944 | 09/30/2026 | 4 | 5 | 2,972 | 2,400 | $6.00M | $6.00M | $2,017 | 1.00 | 20 | 89 |
| 1589 Ocean Boulevard | Newport Beach | 2026 | 08/18/2026 | 4 | 5 | 3,052 | 2,450 | $4.00M | $4.00M | $1,311 | 1.00 | 39 | 83 |
| 118 Via Lido Nord | Newport Beach | 2004 | 06/16/2026 | 4 | 4 | 2,753 | 2,700 | $10.89M | $10.50M | $3,814 | 0.96 | 86 | 79 |
| 119 41St Street | Newport Beach | 2017 | 05/20/2026 | 3 | 5 | 3,023 | 0 | $7.50M | $7.16M | $2,370 | 0.95 | 79 | 72 |
| 214 Abalone Avenue | Newport Beach | 1972 | 07/23/2026 | 4 | 5 | 2,760 | 2,614 | $5.65M | $5.50M | $1,993 | 0.97 | 161 | 64 |
| Total: 5 · Average | 3.8 | 4.8 | 2,912 | 2,541 | $6.63M | $6.63M | $2,301 | — | 77 | ||||
| Median | 2,972 | $6.00M | $6.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.