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 Type
ResidentialCounty
OrangeStyle
ResidentialAD ID
50393463
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
Bathroom Information
- Total Baths: 1
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: All Bedrooms Down
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1927
Pool Features
- None
Laundry Features
- In Kitchen
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0585
- Lot Size Source: Public Records
- Lot Size Square Feet: 2550
-
Listing Information
Listing Price Information
- Original List Price: 3,195,000
- Listing Contract Date: 2025-06-02
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 05013218
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: N9 - Lower Newport Bay - Balboa Island
- Directions: Balboa Ave and Sapphire
- Source Property Type: Residential
- Area: N9 - Lower Newport Bay - Balboa Island
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 98
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Public Records
- Total Square Feet Living: 1056
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: House
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BuyOwner last updated this listing 08/03/2025 @ 03:53
- MLS: NP25124287
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 3 bedrooms which is recently sold, it has 1,056 sqft, 2,550 sized lot, and 0 parking. are nearby neighborhoods.