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306 Sapphire AVE Newport Beach, CA 92662
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Key Details
Sold Price $2,750,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
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
Ensuite Laundry In Carport
Interior
Interior Features Ceiling Fan(s)
Laundry Location In Carport
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
Parking Type Garage Faces Rear
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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Bought with Donald Abrams • Abrams Coastal Properties
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