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Sold

308 Collins Ave sold on February 21, 2025 for $5,100,000, 2% above the $4,999,800 asking price after 4 days on the market. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Feb 21, 2025

308 Collins Ave, Newport Beach, CA 92662

  • 3 beds
  • 4 baths
  • 2,494 sq ft
  • 2,550 sq ft lot
  • Built 2008

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$5,100,000

MLS# OC25016712

Subdivision Balboa Island - Main Island

23 single-family homes sold in the past 12 months · median $4,875,000

See 17 homes for sale in Balboa Island - Main Island

The home

About 308 Collins Ave

Discover coastal living at its finest with this exquisite property at 308 Collins Ave, Newport Beach, CA. Nestled on the sunny side of one of Balboa Island's widest streets, this captivating Cape Cod-style home by architect Ian Harrison embodies the classic beach cottage aesthetic with timeless sophistication. The 3-bedroom, 3-bathroom residence spans 2,494 sqft and offers a quintessential Balboa Island living experience. Step inside to find a freshly painted interior with new flooring. The open concept living room, complete with a cozy fireplace, provides the perfect setting to unwind after a day of island adventures. French doors open to the front patio, ideal for savoring your morning coffee or evening wine while enjoying the gentle coastal breezes. The charming kitchen boasts top-of-the-line stainless steel appliances, an oversized island with breakfast bar, and a walk-in pantry for ample storage. Ascend to the second level to find a wraparound porch, bonus recreational area, dual primary suites, spacious secondary bedroom and gorgeously appointed bathrooms. The home's crowning jewel is the third-story study, which opens onto a roof-top deck offering breathtaking peek-a-boo bay views – the perfect vantage point for watching Balboa Island's famous fireworks displays and boat parade. With a 2-car attached garage featuring epoxy flooring, this home offers both style and practicality. Living on Balboa Island is a unique experience, offering a tight-knit community feel with all the perks of a permanent vacation. Enjoy leisurely strolls along the waterfront, browse charming local shops on Marine Avenue, or indulge in the island's famous frozen bananas. The area boasts excellent schools and provides easy access to Newport Beach's world-class dining and shopping. Whether you're looking for a permanent residence or a luxurious getaway, 308 Collins Ave presents an unparalleled opportunity to embrace the laid-back coastal lifestyle that makes Balboa Island one of Southern California's most coveted addresses.

Property details for 308 Collins Ave

This 3-bedroom, 4-bath single-family home sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 2,494 square feet of living space on a 2,550-square-foot lot. The home was built in 2008. The MLS record lists the assessor parcel number as 050-081-07. Highlights include peek-a-boo bay views, a fireplace, an attached two-car garage, central air, an updated home, and Cape Cod architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
OC25016712
Year Built
2008
Living Area (sq ft)
2,494
Living Area Source
Appraiser
Lot Size (sq ft)
2,550
Lot Size (acres)
0.0585
Levels
Three Or More
Bedrooms
3
Full Baths
3
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Bay, Peek A Boo
Parcel Number
05008107
On Market Date
2025-01-24
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Built In Features, Crown Molding, Separate Formal Dining Room, Open Floorplan, Pantry, Recessed Lighting, All Bedrooms Down, Attic, Walk In Pantry, Walk In Closets
Appliances
Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood
Flooring
Carpet, Stone, Wood
Heating
Forced Air
Cooling
Central Air
Fireplace
Gas, Living Room
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Inside
Main Level Bathrooms
1
Entry Level
0
Common Walls
No Common Walls
Windows
Double Pane Windows
Doors
French Doors

Exterior Features

Architectural Style
Cape Cod, Patio Home
Patio and Porch
Deck, Rooftop, Wrap Around
Parking
Direct Access, Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Condition
Updated Remodeled
Units
1

Community Features

Subdivision
Balboa Island - Main Island (BALM)
Community Features
Biking, Fishing, Street Lights, Sidewalks, Water Sports, Marina
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 308 Collins Ave

DateEventPriceNote
Feb 21, 2025 Sold $5,100,000
Feb 12, 2025 Status changed to Pending From Active Under Contract
Feb 3, 2025 Status changed to Active Under Contract From Active
Jan 30, 2025 Status changed to Active From Coming Soon
Jan 24, 2025 Listed for sale $4,999,800

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 308 Collins 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 26 of 26 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 26 of 26. DSL: AT&T, up to 10 Mbps, at 1 of 26.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630061002, 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

308 Collins 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.

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Selling near 308 Collins Ave

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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 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

AddressClosedPriceSq ftPer sq ftDays 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

Schools

School District for 308 Collins 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 Lori McGuire of RE/MAX Select One

Listing information updated Feb 21, 2025 at 4:44 PM PT. Source: CRMLS.

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