Backup offers
#AR25104688, Chris Dickey, Listing office: Coldwell Banker Realty
#NP25124287·
Listing office: Shorecrest Real Estate, Inc·
Listing agent: Corey Gulbranson·
Listing office phone: 9492948717
$3,195,000 List price
302 Sapphire Ave Newport Beach, CA 92662
3 beds
1 full
1,056 sqft
0.06 acres
$3,026 / sqft
House
Property details
About 302 Sapphire Ave
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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
Size1,056 sqft
Lot size0.0585 Acres
Year built1927
MLS #NP25124287
ViewBay
Summary
- Full Bathrooms: 1
- Interior: All Bedrooms Down
- Fireplace: None
- Total Bedroom Count: 3
- Private Pool: No
- View: Bay
- Heating: Central
- Cooling: None
- List Price: $3,195,000
- Price/SqFt: $3,025
- HOA Amount: $0
- Annual Tax Amount: $7,488
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: Balboa Ave and Sapphire
- Year Built: 1927
- Stories: 1
- Living Area: 1,056 SqFt
- Lot Size: 0.0585 Acres
- MLS Number: NP25124287
- MLS Name: CRMLS
- Office Name: Shorecrest Real Estate, Inc
- Office Phone: (949) 294-8717
- Listing Agent: Corey Gulbranson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $422,393 | $7,488 |
| 2023 | $414,111 | $7,279 |
| 2022 | $405,992 | $4,638 |
| 2021 | $398,032 | $4,552 |
| 2020 | $393,951 | $4,507 |
| 2019 | $386,227 | $4,335 |
| 2018 | $378,654 | $4,335 |
| 2017 | $371,230 | $4,259 |
History based on county public records data.
Nearby schools
9
Harbor View Elementary School
Public District KG-6
1.4 mi
•900 Goldenrod Ave
8
Newport Elementary School
Public District KG-6
1.5 mi
•1327 W Balboa Blvd
7
Mariners Elementary School
Public District KG-6
1.8 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $97,018. The most common annual income of people living in Newport Beach, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
17%
<35k
35%
35k-100k
29%
100k-200k
19%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
4%
Single, with Kids
32%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
40%
35-64 yrs old
36%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Chico's
Bloomingdales
Nordstrom Rack
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Dominos Pizza
What do the neighbors drive?
Cadillac
Lexus
Mazda
What do the neighbors listen to?
Classical
News
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 302 Sapphire Ave
The listing price of 302 Sapphire Ave property is $3,195,000.
The property 302 Sapphire Ave is a house located in Newport Beach, California, 92662.
Active Listing: 302 Sapphire Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 302 Sapphire Ave are: Harbor View Elementary School (GreatSchools Rating 9/10), Newport Elementary School (GreatSchools Rating 8/10), Mariners Elementary School (GreatSchools Rating 7/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $7,488 (source: MLS/based on county public records data).
The property at 302 Sapphire Ave has 3 bedrooms and 1 bathroom.
The property 302 Sapphire Ave is 1,056 SqFt (source: MLS/tax record).
The year of construction for 302 Sapphire Ave is 1927.
This home is located at 302 Sapphire Ave in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 1,056 square foot home, which was built in 1927, sits on a 0.06 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 10, 2025 and is currently priced at $3,195,000.
Newport Beach, CA housing market in June 2025 saw over 10 listings sold above listed price, more than 18 sold at listed price and over 60 sold below. The number of listings in Newport Beach, CA increased by 3.9% between May and June 2025. Listings spent 46 days on the market in June 2025, and had a median list price of $3,662,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.