Newport Beach, CA 92662,302 Sapphire Ave
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Newport Beach, CA 92662,302 Sapphire Ave
Newport Beach, CA 92662,302 Sapphire Ave
Newport Beach, CA 92662,302 Sapphire Ave
Newport Beach, CA 92662,302 Sapphire Ave
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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040
$ 3,195,000
Est. payment /mo
Open Sat 1PM-4PM

302 Sapphire Ave Newport Beach, CA 92662

3 Beds

1 Bath

1,056 SqFt


OPEN HOUSE

Sat Jul 12, 1:00pm - 4:00pm

Sun Jul 13, 1:00pm - 4:00pm

Fri Jul 11, 11:00am - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,056 sqft

Price per Sqft $3,025

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP25124287

Bedrooms 3

Three Quarter Bath 1

HOA Y/N No

Year Built 1927

Lot Size 2,548 Sqft

Property Sub-Type Single Family Residence

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 setting for year-round coastal living or a luxurious vacation retreat.

Don't miss this unique chance to own on one of Balboa Island's premier interior streets—properties like this rarely come available.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Kitchen

Exterior

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View Bay

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05013218

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard, Trust

Virtual Tour https://www.wellcomemat.com/video/54fb0953e0d61m7hu/NP25124287/


CRMLS – RECore
Listed by Corey Gulbranson Shorecrest Real Estate, Inc 9492948717
agent

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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302 Sapphire Ave