302 Sapphire Ave, Newport Beach, CA 92662
$3,050,000 Mortgage Calculator Sold on Sep 8, 2025 Single Family Residence
Property Details
About this Property
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
MLS Listing Information
MLS #
CRNP25124287
MLS Source
California Regional MLS
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
In Kitchen
Cooling
None
Heating
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
302 Sapphire Ave is a Single Family Residence in Newport Beach, CA 92662. This 1,056 square foot property sits on a 2,550 Sq Ft Lot and features 3 bedrooms & 1 full bathrooms. It is currently priced at $3,050,000 and was built in 1927. This address can also be written as 302 Sapphire Ave, Newport Beach, CA 92662.
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This listing information is up-to-date as of September 09, 2025. For the most current information, please contact Corey Gulbranson, (949) 294-8717
