BACK ON MARKET FOLLOWING TWO MONTH RENTAL. PROPERTY IS TURNKEY FULLY FURNISHED WITH CITY OF NEWPORT BEACH SHORT TERM RENTAL PERMIT. This is an exquisite opportunity to own a piece of paradise in the heart of Balboa Island. A charming 3 bedroom, 2 bath cottage that epitomizes coastal living at its finest. This charming 1939 cottage effortlessly blends the charm of yesteryear with the comforts of contemporary living and modern conveniences. Enjoy the convenience of being just moments away from local eateries, boutique shops, and recreational activities, making every day a new adventure.
Picture yourself enjoying your morning coffee or entertaining friends on your expansive front patio, enclosed by a classic white picket fence. It is the perfect setting for creating lasting memories. Step inside through the Dutch door entry and you will be greeted by a light and airy living room with high beamed ceilings, original hardwood floors and stone fireplace. For a more private setting, enjoy the large covered rear patio complete with a barbeque and separate dining.
The heart of the home, the kitchen, is adorned with black limestone floors and sleek quartz countertops, creating a sophisticated space where culinary delights come to life. It’s a perfect blend of form and function.
This cottage comes fully furnished allowing you to immerse yourself in the coastal lifestyle from day one. With the coveted short-term rental permit in hand and turnkey furnishings, you can start generating returns on your investment right away. Imagine owning a slice of coastal paradise that not only embraces the laid-back charm of Balboa Island living but also presents a lucrative investment opportunity. Benefit from the perpetual allure of Balboa Island, where tourists and vacationers seek the unique experience of coastal living. Your property is poised to become a sought after retreat.
Now is the time to turn your dream of owning a Balboa Island cottage into reality. Arrange a viewing today, and let this charming property speak for itself.
Sold for $3,200,000
Listed by: THOMAS E CHRISTENSEN & ASSOC • Thomas Christensen • Contact: 949-422-2678
Bought with: THOMAS E CHRISTENSEN & ASSOC
$3,200,000
303 Amethyst Ave, Newport Beach, CA 92662
3beds
1,059sqft
Single Family Residence
Built in 1939
2,550 Square Feet Lot
$3,643,200 Zestimate®
$3,022/sqft
$6,311 Estimated rent
Home value
$3,643,200
$3.35M - $4.01M
$6,311/mo
Zestimate® history
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$6,311/mo
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$19,970/mo
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Est. payment
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List your homeWhat's special
Stone fireplaceContemporary livingCoastal livingSophisticated spaceBoutique shopsBlack limestone floorsRecreational activities
Zillow last checked:
Listing updated:
Listed by:
Thomas Christensen DRE #00532905 949-422-2678,
THOMAS E CHRISTENSEN & ASSOC
Bought with:
Thomas Christensen, DRE #00532905
THOMAS E CHRISTENSEN & ASSOC
Source: CRMLS,MLS#: NP23210395
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Low Flow Plumbing Fixtures, Quartz Counters, Separate Shower, Tub Shower, Walk-In Shower
Kitchen
- Features: Kitchen/Family Room Combo, Pots & Pan Drawers, Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Heating
- Central, Forced Air, Fireplace(s), Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, In Garage
Features
- Beamed Ceilings, Coffered Ceiling(s), Furnished, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Down
- Flooring: Wood
- Windows: Blinds, Double Pane Windows, Plantation Shutters, Skylight(s), Shutters
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,059 sqft
Property
Parking
- Total spaces: 1
- Parking features: Door-Single, Garage, Garage Faces Rear
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: front
- Patio & porch: Brick, Concrete, Covered, Patio
- Exterior features: Awning(s), Barbecue, Lighting, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Size: 2,550 Square Feet
- Features: Front Yard, Sprinklers In Front, Sprinklers Timer, Sprinkler System
Details
- Parcel number: 05014221
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Drywall, Plaster, Stucco
- Foundation: Raised
- Roof: Composition
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: 220 Volts in Garage
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Sidewalks, Water Sports
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $3,022/sqft
- Tax assessed value: $3,264,000
- Annual tax amount: $34,604
- Date on market: 11/28/2023
- Cumulative days on market: 56 days
- Listing terms: Cash,Cash to New Loan
- Inclusions: Turnkey fully furnished per inventory
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $3,200,000-2.9%$3,022/sqft |
Source:  CRMLS #NP23210395 Report a problem | ||
| 4/23/2024 | Pending sale | $3,295,000$3,111/sqft |
Source: CRMLS #NP23210395 Report a problem | ||
| 4/17/2024 | Contingent | $3,295,000$3,111/sqft |
Source: CRMLS #NP23210395 Report a problem | ||
| 4/13/2024 | Listed for sale | $3,295,000+186.5%$3,111/sqft |
Source: CRMLS #NP23210395 Report a problem | ||
| 2/18/2011 | Sold | $1,150,000-3.8%$1,086/sqft |
Source: Public Record Report a problem | ||
| 6/13/2010 | Price change | $1,195,000-14.3%$1,128/sqft |
Source: ABRAMS COASTAL PROPERTIES #U10002107 Report a problem | ||
| 5/11/2010 | Listed for sale | $1,395,000-6.7%$1,317/sqft |
Source: ABRAMS COASTAL PROPERTIES #U10002107 Report a problem | ||
| 3/22/2010 | Listing removed | $1,495,000$1,412/sqft |
Source: ABRAMS COASTAL PROPERTIES #U8002055 Report a problem | ||
| 2/27/2010 | Listed for sale | $1,495,000$1,412/sqft |
Source: ABRAMS COASTAL PROPERTIES #U8002055 Report a problem | ||
| 12/3/2009 | Listing removed | $1,495,000$1,412/sqft |
Source: ABRAMS COASTAL PROPERTIES #U8002055 Report a problem | ||
| 7/2/2009 | Price change | $1,495,000-16.7%$1,412/sqft |
Source: ABRAMS COASTAL PROPERTIES #U8002055 Report a problem | ||
| 6/13/2009 | Listed for sale | $1,795,000+12.5%$1,695/sqft |
Source: CloseRealty #U8002055 Report a problem | ||
| 4/29/2009 | Listing removed | $1,595,000$1,506/sqft |
Source: Listhub #U8002055 Report a problem | ||
| 3/2/2009 | Price change | $1,595,000-8.1%$1,506/sqft |
Source: Listhub #U8002055 Report a problem | ||
| 1/10/2009 | Listed for sale | $1,735,000-3.3%$1,638/sqft |
Source: Listhub #U8002055 Report a problem | ||
| 12/2/2008 | Listing removed | $1,795,000$1,695/sqft |
Source: Close Realty #U8002055 Report a problem | ||
| 8/16/2008 | Listed for sale | $1,795,000+16.9%$1,695/sqft |
Source: Close Realty #U8002055 Report a problem | ||
| 4/6/2005 | Sold | $1,535,000+27.9%$1,449/sqft |
Source: Public Record Report a problem | ||
| 1/2/2004 | Sold | $1,200,000$1,133/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,604 +452.8% | $3,264,000 +517.3% |
| 2024 | $6,260 +7.6% | $528,795 +2% |
| 2023 | $5,815 +1.8% | $518,427 +2% |
| 2022 | $5,715 +1.9% | $508,262 +2% |
| 2021 | $5,607 +1% | $498,297 +1% |
| 2020 | $5,553 | $493,188 +2% |
| 2019 | $5,553 +2% | $483,518 +2% |
| 2018 | $5,444 +3.8% | $474,038 +2% |
| 2017 | $5,244 | $464,744 +2% |
| 2016 | $5,244 +2.2% | $455,632 +1.5% |
| 2015 | $5,129 +3.4% | $448,788 +2% |
| 2014 | $4,960 | $439,997 +2.5% |
| 2013 | -- | $429,421 -62.7% |
| 2012 | -- | $1,150,000 |
| 2011 | -- | $1,150,000 -24.3% |
| 2010 | -- | $1,519,000 -4.9% |
| 2009 | -- | $1,597,014 |
| 2008 | -- | $1,597,014 |
| 2007 | -- | $1,597,014 +2% |
| 2006 | -- | $1,565,700 +27.9% |
| 2005 | -- | $1,224,000 +710.4% |
| 2004 | -- | $151,029 +1.9% |
| 2003 | -- | $148,261 +2% |
| 2002 | -- | $145,354 +2% |
| 2001 | $1,539 +2.6% | $142,504 +2% |
| 2000 | $1,501 | $139,710 |
Find assessor info on the county website
Neighborhood: 92662
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Estimated market value
$3,643,200
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Estimated market value
$3,643,200
- California
- Orange County
- Newport Beach
- 92662
- 303 Amethyst Ave
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