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.
Sold for $5,100,000
Listed by: RE/MAX Select One • Lori McGuire • Contact: 949-248-8401
Bought with: Coldwell Banker Realty
$5,100,000
308 Collins Ave, Newport Beach, CA 92662
3beds
2,494sqft
Single Family Residence
Built in 2008
2,550 Square Feet Lot
$5,217,600 Zestimate®
$2,045/sqft
$16,484 Estimated rent
Home value
$5,217,600
$4.80M - $5.69M
$16,484/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplaceWraparound porchSpacious secondary bedroomDual primary suitesCape cod-style homeFreshly painted interiorNew flooring
Zillow last checked:
Listing updated:
Listed by:
Lori McGuire DRE #00959318 info@mcguireteam.com,
RE/MAX Select One
Bought with:
Georgie Fenton, DRE #00990939
Coldwell Banker Realty
Source: CRMLS,MLS#: OC25016712
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Attic, Bonus Room, Bedroom, Entry/Foyer, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Dining Room
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Dual Sinks, Enclosed Toilet, Remodeled, Separate Shower, Tub Shower, Upgraded, Walk-In Shower
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Remodeled, Updated Kitchen, Walk-In Pantry
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
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 Closet(s)
- Flooring: Carpet, Stone, Wood
- Doors: French Doors
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,494 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Garage
- Attached garage spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Ground
- Patio & porch: Deck, Rooftop, Wrap Around
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Bay, Peek-A-Boo
- Has water view: Yes
- Water view: Bay
- Waterfront features: Ocean Side Of Freeway
Lot
- Size: 2,550 Square Feet
Details
- Parcel number: 05008107
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Patio Home
- Property subtype: Single Family Residence
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Fishing, Street Lights, Sidewalks, Water Sports, Marina
- 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: $2,045/sqft
- Tax assessed value: $4,265,640
- Annual tax amount: $47,868
- Date on market: 1/24/2025
- Cumulative days on market: 4 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $5,100,000+2%$2,045/sqft |
Source:  CRMLS #OC25016712 Report a problem | ||
| 2/12/2025 | Pending sale | $4,999,800$2,005/sqft |
Source: CRMLS #OC25016712 Report a problem | ||
| 2/4/2025 | Contingent | $4,999,800$2,005/sqft |
Source: CRMLS #OC25016712 Report a problem | ||
| 1/31/2025 | Listed for sale | $4,999,800+81.5%$2,005/sqft |
Source: CRMLS #OC25016712 Report a problem | ||
| 3/7/2008 | Sold | $2,755,000+53.1%$1,105/sqft |
Source: Public Record Report a problem | ||
| 4/7/2006 | Sold | $1,800,000$722/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $47,868 +1.7% | $4,265,640 +2% |
| 2024 | $47,046 -9.4% | $4,182,000 +2% |
| 2023 | $51,942 +43.4% | $4,100,000 +20.2% |
| 2022 | $36,234 +2% | $3,410,022 +2% |
| 2021 | $35,539 +1% | $3,343,159 +1% |
| 2020 | $35,198 | $3,308,880 +2% |
| 2019 | $35,198 +2.1% | $3,244,000 +2% |
| 2018 | $34,465 +3.9% | $3,180,393 +2% |
| 2017 | $33,179 | $3,118,033 +2% |
| 2016 | $33,179 +2.3% | $3,056,896 +1.5% |
| 2015 | $32,431 +3.4% | $3,010,979 +2% |
| 2014 | $31,370 | $2,951,999 +0.5% |
| 2013 | -- | $2,938,658 +9.2% |
| 2012 | -- | $2,691,301 -4% |
| 2011 | -- | $2,803,439 |
| 2010 | -- | $2,803,439 +7.8% |
| 2009 | -- | $2,601,000 +9.7% |
| 2008 | -- | $2,372,031 +29.2% |
| 2007 | -- | $1,836,000 +1074.6% |
| 2006 | -- | $156,307 +2% |
| 2005 | -- | $153,243 +2% |
| 2004 | -- | $150,239 +1.9% |
| 2003 | -- | $147,486 +2% |
| 2002 | -- | $144,595 +2% |
| 2001 | $1,569 +2.6% | $141,760 +2% |
| 2000 | $1,530 | $138,981 |
Find assessor info on the county website
Neighborhood: 92662
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 2 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.1 mi
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Estimated market value
$5,217,600
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Estimated market value
$5,217,600
- California
- Orange County
- Newport Beach
- 92662
- 308 Collins Ave
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