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323 Island Ave, Newport Beach, CA 92661

Sale Price: $2,450,000
Mar 27, 20251,122 sqft2 beds2 baths
Listed by: Amelie Mason
License #: 02028221
Phone #: 949-554-1200
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: NP25066155

Property Description

Step back in time with this charming 2 Bedroom, 1.5 Bathroom 1920 beach cottage. A rare find in a premier location nestled between beach and bay. Island Avenue is rich in history and just moments from the beloved Galley Café, Lombardy’s Market, the local library, and the vibrant restaurants and shops of Balboa Village. The property features versatile space that can be used as an office/den along with an extra parking space in front of the garage, offering both convenience and ease for you and your guests. Whether you choose to preserve this home’s timeless character or build something new, the possibilities are endless. Welcome to 323 Island Avenue.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,709

TurboHome Estimated Value

$2,637,800

$2,351 sqft

High Valuation
$2,769,690
$2469/sqft
Normal Valuation
$2,637,800
$2351/sqft
Low Valuation
$2,505,910
$2233/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2351/sqft$2,637,800

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$2.25M

$2.45M

$2.75M

$3.50M

809 W Balboa Blvd, Newport Beach, CA 92661

Sale Price: $2,250,000

Selected Comparable

323 Island Ave, Newport Beach, CA 92661

Sale Price: $2,450,000

Selected Comparable

323 Island Ave, Newport Beach, CA 92661

List Price: $2,495,000

Subject Property

303 Onyx Ave, Newport Beach, CA 92662

Sale Price: $2,750,000

Selected Comparable

339 Onyx Ave, Newport Beach, CA 92662

Sale Price: $2,770,000

Selected Comparable

1569 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,495,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
323 Island Ave, Newport Beach, CA 92661

323 Island Ave, Newport Beach, CA 92661

List: $2,495,000

Listed: 3/27/2025

Area:1,122 sqft
Price/sqft:$2,224
Beds:2
Baths:2
Year Built:
Lot Size:2,100

Comparable Properties

COMPARABLE
Choose comps
323 Island Ave, Newport Beach, CA 92661

323 Island Ave, Newport Beach, CA 92661

Sale: $2,450,000

4/14/20250.00 mi

Area:1,122 sqft
Price/sqft:$2,184
Beds:2
Baths:2
Year Built:
Weight:23.8%
303 Onyx Ave, Newport Beach, CA 92662

303 Onyx Ave, Newport Beach, CA 92662

Sale: $2,750,000

4/8/20250.90 mi

Area:1,144 sqft
Price/sqft:$2,404
Beds:2
Baths:2
Year Built:
Weight:21.5%
1569 E Ocean Blvd, Newport Beach, CA 92661

1569 E Ocean Blvd, Newport Beach, CA 92661

Sale: $3,495,000

1/17/20251.12 mi

Area:1,000 sqft
Price/sqft:$3,495
Beds:2
Baths:2
Year Built:
Weight:19.1%
809 W Balboa Blvd, Newport Beach, CA 92661

809 W Balboa Blvd, Newport Beach, CA 92661

Sale: $2,250,000

4/23/20250.29 mi

Area:1,188 sqft
Price/sqft:$1,894
Beds:3
Baths:2
Year Built:
Weight:18.4%
339 Onyx Ave, Newport Beach, CA 92662

339 Onyx Ave, Newport Beach, CA 92662

Sale: $2,770,000

11/26/20240.92 mi

Area:1,200 sqft
Price/sqft:$2,308
Beds:2
Baths:3
Year Built:
Weight:17.2%

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