Newport Beach, CA 92662,306 Sapphire AVE
Newport Beach, CA 92662,306 Sapphire AVE
Newport Beach, CA 92662,306 Sapphire AVE
Newport Beach, CA 92662,306 Sapphire AVE
Newport Beach, CA 92662,306 Sapphire AVE
Newport Beach, CA 92662,306 Sapphire AVE
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$2,750,000

$2,350,000

17.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

2 Baths

1,379 SqFt


SOLD DATE : 03/23/2023

Key Details

Sold Price $2,750,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,379 sqft

Price per Sqft $1,994

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP23034690

Sold Date 03/23/23

Bedrooms 2

Three Quarter Bath 2

HOA Y/N No

Year Built 1937

Lot Size 2,548 Sqft

Property Description

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.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Oven, Gas Range

Laundry In Carport

Exterior

Garage Garage Faces Rear

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs

View Y/N No

View None

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description Walkstreet, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Middle Schools Corona Del Mar

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05013216

Acceptable Financing Cash, Conventional, Item1031Exchange

Listing Terms Cash, Conventional, Item1031Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Arthur Dorr • Balboa Realty • 9495009832
Bought with Donald Abrams • Abrams Coastal Properties

GET MORE INFORMATION

Kris Rainwaters

REALTOR® | Lic# 02111780

+1(602) 561-3114

PO Box 106 Lake Arrowhead, CA 92352

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