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300 Coral Ave, Newport Beach, CA 92662

List Price: $24,000On Market FlagOn market
Nov 13, 20242,224 sqft3 beds3 baths
Listed by: Donald Abrams
License #: 01234323
Phone #: 949-675-4822
Abrams Coastal Properties
Source:
CRMLS Logo
MLS #: NP24233165

Property Description

Outstanding Balboa Island 3 bedroom, 3 bath corner cottage, extensively remodeled in 2021, at an excellent location a few blocks from the village center. The beautiful, bright first floor provides a large great room with fireplace; chefs' kitchen with quartz counters, Bertazzoni range, Dacor ovens, dishwasher & refrigerator, and a bedroom suite. There is also a spacious front patio and a side patio with substantial dining space; both patios open with smooth bi-fold door systems. The second level showcases 2 more bedrooms with vaulted ceilings including a deluxe primary suite and a guest bedroom with its own balcony. The home also provides oak floors throughout, AC, laundry room, and garage. Explore the best of Balboa Island in this wonderful home! Note: Rent of $24,000 per month is for the "high season." "Off-season" is $18,000 per month.
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

$160,977

TurboHome Estimated Value

$5,377,900

$2,418 sqft

High Valuation
$5,646,795
$2539/sqft
Normal Valuation
$5,377,900
$2418/sqft
Low Valuation
$5,109,005
$2297/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2418/sqft$5,377,900

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$24K

$3.90M

$4.70M

$5.10M

$6.96M

300 Coral Ave, Newport Beach, CA 92662

List Price: $24,000

Subject Property

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale Price: $3,896,188

Selected Comparable

123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000

Selected Comparable

320 Apolena Ave, Newport Beach, CA 92662

Sale Price: $4,700,000

Selected Comparable

308 Collins Ave, Newport Beach, CA 92662

Sale Price: $5,100,000

Selected Comparable

1202 S Bay Front, Newport Beach, CA 92662

Sale Price: $6,965,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
300 Coral Ave, Newport Beach, CA 92662

300 Coral Ave, Newport Beach, CA 92662

List: $24,000

Listed: 11/13/2024

Area:2,224 sqft
Price/sqft:$11
Beds:3
Baths:3
Year Built:
Lot Size:2,614

Comparable Properties

COMPARABLE
Choose comps
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

Sale: $4,075,000

1/30/20250.16 mi

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Weight:22.2%
1202 S Bay Front, Newport Beach, CA 92662

1202 S Bay Front, Newport Beach, CA 92662

Sale: $6,965,000

10/22/20240.19 mi

Area:2,160 sqft
Price/sqft:$3,225
Beds:3
Baths:3
Year Built:
Weight:22.2%
1300 Santanella Ter, Corona Del Mar, CA 92625

1300 Santanella Ter, Corona Del Mar, CA 92625

Sale: $3,896,188

1/6/20250.44 mi

Area:2,152 sqft
Price/sqft:$1,810
Beds:3
Baths:4
Year Built:
Weight:19.3%
308 Collins Ave, Newport Beach, CA 92662

308 Collins Ave, Newport Beach, CA 92662

Sale: $5,100,000

2/21/20250.17 mi

Area:2,494 sqft
Price/sqft:$2,045
Beds:3
Baths:4
Year Built:
Weight:18.9%
320 Apolena Ave, Newport Beach, CA 92662

320 Apolena Ave, Newport Beach, CA 92662

Sale: $4,700,000

12/30/20240.07 mi

Area:2,670 sqft
Price/sqft:$1,760
Beds:3
Baths:4
Year Built:
Weight:17.4%

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