$2,999,000
3Beds2Baths936SqFt
226 OpalNewport Beach, CA 92662Balboa Island - Main Island
Sold
308 Coral Avenue sold on October 21, 2025 for $2,884,000, 3.7% below the $2,995,000 asking price after 57 days on the market; it was first listed at $3,250,000. The buyer paid cash. The details are below for reference.
308 Coral Avenue, Newport Beach, CA 92662
$2,884,000
- Beds
- 3
- Baths
- 2
- Sq Ft
- 1,390
- Per Sq Ft
- $2,075
- Sq Ft Lot
- 2,548
- Built
- 1939
- Garage
- 1-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Island - Main Island
22 single-family homes sold in the past 12 months · median $3,670,000
About 308 Coral Avenue
Charming Original Balboa Island Cottage – First Time Available in 65+ Years
Welcome to 308 Coral Avenue, a rare opportunity to own an original Balboa Island cottage that has been lovingly held by the same family for over six decades. This 3-bedroom, 2-bathroom home sits on a standard interior lot in one of the most desirable coastal communities in Southern California.
Featuring classic cottage architecture and a 1-car garage, the home retains much of its vintage character and charm, offering a blank canvas for renovation or rebuild. It is perfectly livable as-is and offers incredible potential for customization.
Situated close to Marine Avenue’s shops and restaurants, the bayfront, and the Balboa Island Ferry, this special property offers the best of island living. Whether you envision restoring its timeless charm or creating your dream coastal retreat, this is a rare chance to make your mark on a piece of Balboa Island history.
Property details for 308 Coral Avenue
This 3-bedroom, 2-bath single-family home sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It offers 1,390 square feet of living space. The home was built in 1939. The MLS record lists the assessor parcel number as 050-131-17. Highlights include a fireplace, a one-car garage, and a 2,548-square-foot lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Home Details
- Price
- $2,884,000
- Days On Site
- N/A
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,390 sqft
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- N/A
- Lot Size
- 2,548 SqFt
- Year Built
- 1939
- MLS® Number
- LG25181808
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- LG25181808
- Year Built
- 1939
- Living Area (sq ft)
- 1,390
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,550
- Lot Size (acres)
- 0.0585
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Garage Spaces
- 1
- Parking Spaces
- 1
- View
- None
- Parcel Number
- 05013117
- On Market Date
- 2025-08-13
- Listing Terms
- Standard
Interior Features
- Interior Features
- Bedroom On Main Level
- Cooling
- None
- Fireplace
- Family Room
- Laundry
- In Garage
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Balboa Island - Main Island (BALM)
- Community Features
- Biking, Sidewalks
Property History for 308 Coral Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 21, 2025 | Sold | $2,884,000 | |
| Aug 13, 2025 | Listed for sale | $3,250,000 |
No prior MLS sales on record for this home since 2012.
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Island - Main Island home sales, past 12 months
22Homes sold
$3,670,000Median price
13Median days on market
$2,297Median per sq ft
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 2026. Days on market run from listing to going under contract.
Recent Balboa Island - Main Island sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 206 Agate | Aug 31, 2026 | $2,860,000 | 888 | $3,221 | 4 |
| 327 Onyx | Aug 18, 2026 | $3,450,000 | 2,128 | $1,621 | 102 |
| 209 Ruby | Jul 14, 2026 | $3,295,000 | 1,793 | $1,838 | 1 |
| 215 Opal | Jun 30, 2026 | $3,437,500 | 2,226 | $1,544 | 79 |
| 122 Collins Avenue | May 18, 2026 | $3,270,000 | 2,551 | $1,282 | 0 |
School District for 308 Coral Avenue
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
Looking for something similar
308 Coral Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
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Selling near 308 Coral Avenue
Thinking of selling nearby? We bring current Balboa Island - Main Island sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
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Listed by Mele Brobeck of Surterre Properties
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. The 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, the 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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