306 Island Ave, Newport Beach, CA 92661
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306 Island Ave Newport Beach, CA 92661

$3,298,000 Sold Price as of 08/31/2022
  • 4 Beds
  • 4.5 Baths
  • 2,307 Sq.Ft.
Sold
$3,298,000 Sold Price as of 08/31/2022 Refinance Your Mortgage

Map preview of 306 Island Ave, Newport Beach, CA 92661

Property Overview: 306 Island Ave Newport Beach, CA has 4 bedrooms, 4.5 bathrooms, 2,307 living square feet and 2,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 306 Island Ave nestled between the Ocean and Bay on Balboa Peninsula! Gorgeous 2005 built Mediterranean-style architecture home offering 4 bedrooms, 4.5 bathrooms and a 2-car garage on a corner location with easy access and egress. 3 outdoor spaces to enjoy our wonderful California weather on the downstairs front patio, upstairs balcony off master suite and private third floor deck with horizon sunset, bay & mountain views. Additional features include gourmet kitchen with Granite counters, SubZero refrigerator, Viking appliances and wine fridge. 3-zone Air Conditioning. Beautiful fireplace with granite mantel in the living room. 18’ travertine tiles throughout the main floor and premium wool carpet upstairs. The main sleeping quarters are on the second floor, 3-bedrooms each with their own en-suite bathrooms featuring tumbled marble finishes. 4th bonus bedroom on the upper level with private en-suite, private deck and lots of natural light. Island Avenue offers a wonderful residential setting with a public library, local market and café down the street. Conveniently situated with easy access to the beach and bay, close to Balboa Pier, restaurants, shops and all the fun activities Balboa Village has to offer.

Listed by Nicolai Glazer | BRE #01857997 | Pacific Sotheby's Int'l Realty
Co-listed by Amelie Mason | BRE #02028221 | Pacific Sotheby's Int'l Realty
Last checked: 16 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
2,100
HOA Dues
$0/mo
Year built
2005
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP22158979
City
Newport Beach
County
Orange
Time on Site
649 days

Virtual Tour

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Property Details for 306 Island Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Flooring: Carpet, Stone
  • All Bedrooms Up, Master Suite
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage
  • Levels: Three Or More
  • Window Features: Bay Window(s), Blinds
Exterior Features
Exterior Information
  • Roof: Slate, Tile
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04805117
  • Year Built Source: Builder
  • Architectural Style: Mediterranean
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Directions: Heading SE on Balboa Blvd, turn left on Island Ave, property will be on the right hand side.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 306 Island Ave

Last sold for $3,298,000 on August 31st, 2022
  • August, 2022

  • Aug 31, 2022

    Date

    Sold

    CRMLS: NP22158979

    $3,298,000

    Price

  • Jul 28, 2022

    Date

    Active

    CRMLS: NP22158979

    $3,298,000

    Price

  • June, 2004

  • Jun 11, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2004

  • Feb 18, 2004

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

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Tax History for 306 Island Ave

Assessed Value (2020): $2,253,165
Year Land Value Improved Value Assessed Value
2020 $1,780,000 $473,165 $2,253,165

Home Value Compared to the Market

This property vs the competition

306 Island Ave sold on August 31, 2022 for 10.86% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $1429.56 per/sqft which puts the price per square foot 5.11% higher than the current median sale per square foot for the city of Newport Beach.

About 306 Island Ave

Detailed summary of property

306 Island Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 4.5 bathrooms, roughly 2,307 living square feet, and sits on an approximately 2,100 square foot lot. 306 Island Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $3,298,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 10.86% lower than the current median priced home. Local homes that are currently for sale include 1069 Granville Dr, 1824 Beryl Ln and 1534 Santiago Dr. While the average home in Newport Beach, CA is selling in 73 days, 306 Island Ave has a days on market of 11 days. There are currently 275 homes for sale in the Newport Beach real estate market and 208 of them are single family homes while 54 of them are condos and 13 are townhomes. For more information on this home for sale at 306 Island Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 306 Island Ave

Public county record property details
Beds
4
Baths
4
Year built
2004
Sq. Ft.
2,307
Lot Size
2,100
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
83
APN
048-051-17

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 306 Island Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.