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,… Read More 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. Read Less
Listed by Shorecrest Real Estate, Inc949-294-8717, Corey Gulbranson
Listing Snapshot
Days Online
29
Last Updated
Property Type
Detached
Beds
3
Full Baths
1
Square Ft.
1,056
Lot Size
0.06 Acres
Year Built
1927
MLS Number
NP25124287
30 Days Snapshot Of 92662
$6.25M
+38%
(avg) sold price
2
0%
homes sold
56
+64%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,056 estimated square feet, Source: Public Records, Built in 1927, 1 story, 1 story
Water Features
Public
Heating
Forced Air Unit
Laundry
Kitchen
Lot
Approximately 2,550 square feet, 1-3,999 SF, Approximately 0 acres
Miscellaneous
Gutters, Storm Drains
Property
Bay
Sewer
Public Sewer
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