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Listed by Corey Gulbranson • Shorecrest Real Estate, Inc
$ 3,195,000
Est. payment | /mo
3 Beds
1 Bath
1,056 SqFt
$ 3,195,000
Est. payment | /mo
3 Beds
1 Bath
1,056 SqFt
OPEN HOUSE
Thu Jul 17, 11:00am - 2:00pm
Sat Jul 19, 1:00pm - 4:00pm
Sun Jul 20, 1:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $3,025
MLS Listing ID CRNP25124287
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 2,550 Sqft
Property Sub-Type Detached
Source Datashare California Regional
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 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 settin
Location
State CA
County Orange
Interior
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Kitchen
Exterior
Pool None
View Bay
Private Pool false
Building
Lot Description Street Light(s), Storm Drain
Story 1
Water Public
Schools
School District Newport-Mesa Unified
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