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306 Sapphire Ave, Newport Beach, CA 92662
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306 Sapphire Ave Newport Beach, CA 92662

$2,750,000 Sold Price as of 03/23/2023
  • 2 Beds
  • 2 Baths
  • 1,379 Sq.Ft.
Sold
$2,750,000 Sold Price as of 03/23/2023 Refinance Your Mortgage
Map preview of 306 Sapphire Ave, Newport Beach, CA 92662

Property Overview: 306 Sapphire Ave Newport Beach, CA has 2 bedrooms, 2 bathrooms, 1,379 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located on highly sought-after Balboa Island in Newport Beach, California, this property at 306 Sapphire Ave. presents a unique opportunity for developers or end-users to build their dream house in one of the most desirable locations on the coast. Currently the property is an old original cottage duplex, but it offers endless possibilities for those looking to create a custom residence on this prime piece of real estate. The property's location on Balboa Island provides an exceptional platform to enjoy the coastal lifestyle, with easy access to the beach, bay, and all of the island's amenities. Public dock access is at the end of the block. This property's potential is only limited by the imagination of the buyer. Whether you're a developer looking to create a luxury residence, or an end-user looking to build your dream house, this property offers a highly desirable location on the sunny side of street. Don't miss out on the chance to turn this property into a stunning masterpiece. With its prime location, the option to create something truly special awaits. Contact us today to learn more about this amazing potential project on Balboa Island.

Listed by Arthur Dorr | BRE #01899740 | Balboa Realty
Last checked: 15 minutes ago | Last updated: March 23rd, 2023 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
1937
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
NP23034690
City
Newport Beach
County
Orange
Time on Site
442 days

Property Details for 306 Sapphire Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Carport
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Kitchen
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Bathroom Information
  • # of Baths (3/4): 2
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage Faces Rear
  • Has Attached Garage
Lot Information
  • Lot Features: Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 05013216
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Assessments: None, Unknown
Schools
School Information
  • Middle/Junior High School: Corona Del Mar
  • Middle/Junior High School: CODEMA
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: On the 300 block of Sapphire Ave. on Balboa Island. Closest cross streets would be Balboa Ave. and Sapphire Ave.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Newport Beach Agent

Sale History for 306 Sapphire Ave

Last sold for $2,750,000 on March 23rd, 2023

  • March, 2023

  • Mar 23, 2023

    Date

    Sold

    CRMLS: NP23034690

    $2,750,000

    Price

  • Mar 3, 2023

    Date

    Active

    CRMLS: NP23034690

    $2,350,000

    Price

Tax History for 306 Sapphire Ave

Assessed Value (2020): $132,342
Year Land Value Improved Value Assessed Value
2020 $112,163 $20,179 $132,342

Home Value Compared to the Market

This property vs the competition

306 Sapphire Ave sold on March 23, 2023 for 36.49% 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 $1704.13 per/sqft which puts the price per square foot 25.3% higher than the current median sale per square foot for the city of Newport Beach.

About 306 Sapphire Ave

Detailed summary of property

306 Sapphire Ave is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,379 living square feet, and sits on an approximately 2,550 square foot lot. 306 Sapphire Ave was first listed on ArdentRealEstateGroup.com on March 3, 2023. The homeowner sold the property for $2,750,000. 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 36.49% lower than the current median priced home. Local homes that are currently for sale include 216 Cajon St, 216 Cajon St and 205 Huntington St. While the average home in Newport Beach, CA is selling in 73 days, 306 Sapphire Ave has a days on market of 3 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 306 Sapphire Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 306 Sapphire Ave

Public county record property details
Beds
4
Baths
1
Year built
1937
Sq. Ft.
1,379
Lot Size
2,550
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
4
APN
050-132-16

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 306 Sapphire Ave

226 Sapphire Ave, Newport Beach, CA 92662
$2,165,000 Last Sold Price
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3 Baths
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226 Sapphire Ave
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223 Sapphire Ave, Newport Beach, CA 92662
$3,220,000 Last Sold Price
6 Beds
2 Baths
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223 Sapphire Ave
Newport Beach, CA 92662
221 Sapphire Ave, Newport Beach, CA 92662
$1,975,000 Last Sold Price
4 Beds
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221 Sapphire Ave
Newport Beach, CA 92662
300 Coral Ave, Newport Beach, CA 92662
$4,450,000 Last Sold Price
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3 Baths
2244 Sq.Ft.
300 Coral Ave
Newport Beach, CA 92662

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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.

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