16
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$3,195,000
Est. payment /mo
3 Beds
1 Bath
1,056 SqFt
Open Fri 4AM-7AM
302 Sapphire Ave Newport Beach, CA 92662
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OPEN HOUSE
Fri Jul 11, 4:00am - 7:00am
Sat Jul 12, 6:00am - 9:00am
Sun Jul 13, 6:00am - 9:00am
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $3,025
Subdivision Balboa Island - Main Island (Bal
MLS Listing ID NP25124287
Bedrooms 3
Full Baths 1
Year Built 1927
Property Sub-Type Detached
Property 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 additionperfect for enjoying the coastal breeze or creating additional space to relax or entertain. A standout feature of the property is the spacious, private rear patioideal 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 chatan 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 Beachs 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 islands vibrant Marine Avenue shops, dining, and bayfront, making this an unbeatable setting for year-round coastal living or a luxurious vacation retreat. Dont miss this unique chance to own on one of Balboa Islands premier interior streetsproperties like this rarely come available.
Location
State CA
County Orange
Direction Balboa Ave and Sapphire
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Bay
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 05013218
Special Listing Condition Standard
Virtual Tour https://www.wellcomemat.com/mls/54fb0953e0d61m7hu
Listed by Corey Gulbranson Shorecrest Real Estate, Inc