$1,700,000
2Beds2Baths1,120SqFt
600 E Oceanfront 1DNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
308 306 E Bay Avenue sold on November 29, 2023 for $2,280,000, 0.7% below the $2,295,000 asking price after 54 days on the market. The buyer financed the purchase. The details are below for reference.
308 306 E Bay Avenue, Newport Beach, CA 92661
- 3 beds
- 3 baths
- 1,281 sq ft
- Built 1917
Own 308 306 E Bay Avenue? Request a free home valuation to see what it is worth today.
$2,280,000
Subdivision Balboa Peninsula (Residential)
5 duplexes sold in the past 12 months · median $6,600,000
The home
About 308 306 E Bay Avenue
Welcome to 306/308 E Bay Avenue – a fantastic real estate gem located in the heart of a vibrant coastal community. This unique property is a corner lot, offering not just a home but an exceptional investment opportunity. Currently configured as a charming duplex, this property presents a wealth of possibilities. The front unit (308) boasts a cozy one bedroom, one bathroom layout, perfect for enjoying a quiet retreat by the beach. The rear unit (306) features a spacious two bedroom, two bathroom layout, providing ample space for family and guests. With separate entrances for each unit, privacy is a given, making it an ideal arrangement for extended family living or rental income. The location of 306/308 E Bay Avenue is truly unparalleled. Just a few steps away from both bay and ocean beaches, you'll find yourself immersed in the soothing sounds of the waves and the invigorating ocean breeze. Enjoy leisurely strolls along the beach, or indulge in water sports and activities right at your doorstep. For those seeking entertainment and local attractions, look no further. The property is conveniently situated near the famous Fun Zone and Balboa Pier, ensuring endless amusement, dining, and shopping options for residents and visitors alike. Unleash your imagination with the array of opportunities this property presents. Whether you're an astute investor looking to generate rental income, a creative mind excited to remodel and upgrade the existing units, or a visionary ready to start anew with a new construction property, this opportunity is your canvas. Seize the chance to own a slice of coastal paradise with limitless potential. Welcome yourself home to 306/308 E Bay Avenue.
Property details for 308 306 E Bay Avenue
This 3-bedroom, 3-bath duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 1,281 square feet of living space. The home was built in 1917. The MLS record lists the assessor parcel number as 048-103-19. Highlights include a fireplace and single-story living.
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- NP23146969
- Year Built
- 1917
- Living Area (sq ft)
- 1,281
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,178
- Lot Size (acres)
- 0.05
- Levels
- One, Two
- Bedrooms
- 3
- Full Baths
- 3
- Parking Spaces
- 3
- View
- None
- Parcel Number
- 04810319
- On Market Date
- 2023-08-16
- Listing Terms
- Standard
Interior Features
- Interior Features
- Bedroom On Main Level
- Cooling
- None
- Fireplace
- Living Room
- Laundry
- Common Area
- Main Level Bedrooms
- 2
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Roof
- Composition
- Lot Features
- Corner Lot
- Parking
- Driveway
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 2
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Street Lights, Sidewalks
The record
Property History for 308 306 E Bay Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Nov 29, 2023 | Sold | $2,280,000 | |
| Nov 25, 2023 | Status changed to Pending | From Active Under Contract | |
| Oct 25, 2023 | Status changed to Active Under Contract | From Active | |
| Oct 20, 2023 | Status changed to Active | From Hold | |
| Oct 5, 2023 | Status changed to Hold | From Active Under Contract | |
| Oct 3, 2023 | Status changed to Active Under Contract | From Active | |
| Aug 16, 2023 | Status changed to Active | From Coming Soon | |
| Aug 16, 2023 | Listed for sale | $2,295,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 308 306 E Bay Avenue
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0382K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 11 of 11 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 11 of 11. Fixed wireless: Verizon, up to 300 Mbps, at 11 of 11.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003011, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.0 miles away (Tesla Destination, 1 Level 2 port). 156 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
308 306 E Bay 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.
Selling near 308 306 E Bay Avenue
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The neighborhood
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 Peninsula (Residential) home sales, past 12 months
- Homes sold
- 5
- Median price
- $6,600,000
- Median days on market
- 31
- Median per sq ft
- $2,623
Recorded MLS closings of duplexes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 5901 Seashore Drive | Jul 31, 2026 | $9,500,000 | 3,185 | $2,983 | 40 |
| 213 33rd Street | May 28, 2026 | $2,616,000 | 1,451 | $1,803 | 7 |
| 1204 E Balboa Boulevard | Feb 5, 2026 | $6,600,000 | 2,516 | $2,623 | 183 |
| 4103 Seashore | Jan 8, 2026 | $9,200,000 | 2,724 | $3,377 | 31 |
| 4208 River | Dec 16, 2025 | $4,350,000 | 1,750 | $2,486 | 6 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
Schools for 308 306 E Bay Avenue
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Summer Perry of Compass
Listing information updated Jun 12, 2026 at 10:26 AM PT. Source: CRMLS.
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.