302 Sapphire Ave
Newport Beach, CA 92662
1056 sqft | 3 beds | 0.06 acres | #NP25124287
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Description
Welcome to 302 Sapphire Avenue, an original Balboa Island cottage brimming with potential, perfectly positioned on one of the most desirable and centrally located streets in the heart of the Island. Lovingly cared for by the same family for the past 75 years, this rare opportunity offers a classic 3-bedroom, 1-bathroom home with a sunroom addition—perfect for enjoying the coastal breeze or creating additional space to relax or entertain.
A standout feature of the property is the spacious, private rear patio—ideal for alfresco dining, morning coffee, or gatherings with friends and family. Complementing this is a welcoming front yard shaded by a mature Elm tree, creating a sociable setting where neighbors and passersby often stop to chat—an enduring Balboa Island tradition.
While the existing cottage exudes vintage character, the true value lies in the prime lot and location. This property presents an exceptional canvas for a custom-built dream home in one of Newport Beach’s most iconic neighborhoods. Whether you're looking to restore a piece of island history or build new from the ground up, the possibilities are endless.
Sapphire Avenue is renowned for its ideal proximity to the island’s vibrant Marine Avenue shops, dining, and bayfront, making this an unbeatable setting for year-round coastal living or a luxurious vacation retreat.
Don’t miss this unique chance to own on one of Balboa Island’s premier interior streets—properties like this rarely come available.
Property Details
- SubdivisionBalboa Island - Main Island (BALM)
- Property SubtypeSingleFamilyResidence
- School DistrictNewport Mesa Unified
- InteriorAllBedroomsDown
- Lot DescriptionRectangularLot
- Sewer InformationPublicSewer
- Original List Price$3,195,000
- MLS #NP25124287
- MLS #NP25124287
- Property TypePurchase
- Cost3195000
- Acres0.0585
- Utility SourcePublic
- CountyOrange
- Structure TypeHouse
- Square Feet1056
- Year Built1927
- ViewBay
- Bedrooms3
- 3/4 Baths1
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Corey Gulbranson (#U40895)
Listing Office: Shorecrest Real Estate, Inc (#U6649)
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