Sold
302 Sapphire Ave sold on September 8, 2025 for $3,050,000, 4.5% below the $3,195,000 asking price after 13 days on the market. The buyer paid cash. The details are below for reference.
302 Sapphire Ave, Newport Beach, CA 92662
- 3 beds
- 1 bath
- 1,056 sq ft
- 2,550 sq ft lot
- Built 1927
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$3,050,000
Subdivision Balboa Island - Main Island
23 single-family homes sold in the past 12 months · median $4,875,000
The home
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.
Property details for 302 Sapphire Ave
This 3-bedroom, 1-bath single-family home sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 1,056 square feet of living space on a 2,550-square-foot lot. The home was built in 1927. The MLS record lists the assessor parcel number as 050-132-18. Highlights include bay views and single-story living.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP25124287
- Year Built
- 1927
- Living Area (sq ft)
- 1,056
- Living Area Source
- Public Records
- Lot Size (sq ft)
- 2,550
- Lot Size (acres)
- 0.0585
- Levels
- One
- Bedrooms
- 3
- View
- Bay
- Parcel Number
- 05013218
- On Market Date
- 2025-06-25
- Listing Terms
- Standard, Trust
Interior Features
- Interior Features
- All Bedrooms Down
- Heating
- Central
- Cooling
- None
- Fireplace
- None
- Laundry
- In Kitchen
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Rectangular Lot
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Balboa Island - Main Island (BALM)
- Community Features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks
The record
Property History for 302 Sapphire Ave
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 8, 2025 | Sold | $3,050,000 | |
| Jul 31, 2025 | Status changed to Pending | From Active Under Contract | |
| Jul 23, 2025 | Status changed to Active Under Contract | From Active | |
| Jul 10, 2025 | Status changed to Active | From Coming Soon | |
| Jun 25, 2025 | Listed for sale | $3,195,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 302 Sapphire Ave
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard and noise 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.
- Airport noise
Outside John Wayne Airport's 60 dB CNEL noise contour, 0.9 miles from it.
Airport Land Use Commission for Orange County, Airport Environs Land Use Plan noise contours. Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 33 of 33 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 33 of 33. Fixed wireless: Verizon, up to 300 Mbps, at 33 of 33.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630062024, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.7 miles away (Tesla Destination, 2 Level 2 ports). 160 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
302 Sapphire Ave 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 302 Sapphire Ave
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.
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 Island - Main Island home sales, past 12 months
- Homes sold
- 23
- Median price
- $4,875,000
- Median days on market
- 16
- Median per sq ft
- $2,590
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 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 |
|---|---|---|---|---|---|
| 306 Alvarado Place | Nov 4, 2026 | $2,699,000 | 1,033 | $2,613 | 207 |
| 118 Sapphire | Oct 30, 2026 | $6,275,000 | 2,321 | $2,704 | 31 |
| 1207 N Bay Front | Oct 14, 2026 | $7,250,000 | 992 | $7,308 | 128 |
| 226 Opal | Oct 9, 2026 | $2,980,000 | 936 | $3,184 | 10 |
| 225 Diamond | Sep 29, 2026 | $7,585,000 | 2,312 | $3,281 | 43 |
See 18 homes for sale in Balboa Island - Main Island Newport Beach housing market
Schools
School District for 302 Sapphire Ave
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Corey Gulbranson of Shorecrest Real Estate, Inc
Listing information updated Sep 8, 2025 at 6:17 PM 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.