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306 Sapphire Avenue, 
Newport Beach, CA 92662

$2,750,000

2

Beds

2

Baths

1,379

Sq Ft

Multi-Family

Sold

Listed by

Arthur Dorr

Bought with Abrams Coastal Properties

Balboa Realty

949-734-7419

MLS#

NP23034690

Source:

CRMLS

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About This Home

306 Sapphire Avenue

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.

Home Facts

Multi-Family

2 Baths

2 Bedrooms

Built in 1937

Price Summary

2,350,000

$1,704 per Sq. Ft.

MLS #:

NP23034690

Sold:

March 23, 2023

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,379 Sq. Ft.

Structure

Structure

Year Built:

1937

Lot

Lot Size (Sq. Ft):

2,548

Finances & Disclosures

Finances

Price:

$2,350,000

Price per Sq. Ft:

$1,704 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of May 20, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.