Seller's Agent in 2025
Lori McGuire
RE/MAX
(949) 248-8401
1 in this area
282 Total Sales
308 Collins Ave Newport Beach, CA 92662
Balboa Island Neighborhood
3
Beds
3.5
Baths
2,494
Sq Ft
2,550
Sq Ft Lot
Highlights
- Marina
- Fishing
- Bay View
- Abraham Lincoln Elementary School Rated A
- Rooftop Deck
- 4-minute walk to Balboa Island Park
About This Home
As of February 2025Discover 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.
Last Agent to Sell the Property
RE/MAX Select One Brokerage Email: info@mcguireteam.com License #00959318 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,047
Year Built
- Built in 2008 | Remodeled
Lot Details
- 2,550 Sq Ft Lot
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Bay
- Peek-A-Boo
Home Design
- Cape Cod Architecture
- Patio Home
Interior Spaces
- 2,494 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Crown Molding
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- French Doors
- Formal Entry
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Bonus Room
- Attic
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
- Walk-In Closet
- Remodeled Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Freeway
- Rooftop Deck
- Patio
- Exterior Lighting
- Wrap Around Porch
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 101
- Assessor Parcel Number 05008107
- $47,047 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Marina
- Fishing
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Feb 11, 2025
Sold by
Deborah G Herring Trust and Herring Deborah G
Bought by
Eagle Holdings Llc
Seller's Agent
Lori McGuire
RE/MAX Select One
Buyer's Agent
Georgie Fenton
Coldwell Banker Realty
List Price
$4,999,800
Sold Price
$5,100,000
Premium/Discount to List
$100,200
2%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,955
Avg. Annual Appreciation
0.11%
Purchase Details
Closed on
May 30, 2024
Sold by
Herring Deborah
Bought by
Deborah G Herring Trust and Herring
Purchase Details
Closed on
Feb 13, 2008
Sold by
308 Collins Llc
Bought by
Bessler Anita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,928,500
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2006
Sold by
William S & Pauline M Gilmore Family Tr
Bought by
308 Collins Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,270,000
Interest Rate
6.25%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 23, 2004
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William S and Gilmore Pauline M
Purchase Details
Closed on
Jun 16, 2004
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William S and Gilmore Pauline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2002
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William S and Gilmore Pauline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 18, 1999
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William S and Gilmore Pauline M
Purchase Details
Closed on
Apr 8, 1998
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William G and Gilmore Pauline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.07%
Purchase Details
Closed on
Jul 14, 1994
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William S and Gilmore Pauline M
Purchase Details
Closed on
Aug 16, 1993
Sold by
Gilmore William S and Gilmore Pauline M
Bought by
Gilmore William S and Gilmore Pauline M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.16%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,100,000 | First American Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Administrators Deed | -- | None Listed On Document | |
| Grant Deed | $2,755,000 | Ticor Title Co Brea | |
| Grant Deed | $1,800,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Security Union Title | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Quit Claim Deed | -- | United Title Company | |
| Quit Claim Deed | -- | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,928,500 | New Conventional | |
| Previous Owner | $2,270,000 | Construction | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $975,000 | New Conventional | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $285,000 | No Value Available | |
| Previous Owner | $290,000 | No Value Available | |
| Previous Owner | $200,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $5,100,000 | +2.0% | $2,045 / Sq Ft |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | For Sale | $4,999,800 | -- | $2,005 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $47,047 | $4,265,640 | $3,591,255 | $674,385 |
| 2024 | $47,047 | $4,182,000 | $3,520,838 | $661,162 |
| 2023 | $45,918 | $4,100,000 | $3,451,801 | $648,199 |
| 2022 | $36,234 | $3,410,022 | $2,669,412 | $740,610 |
| 2021 | $35,539 | $3,343,159 | $2,617,070 | $726,089 |
| 2020 | $35,198 | $3,308,880 | $2,590,236 | $718,644 |
| 2019 | $34,465 | $3,244,000 | $2,539,447 | $704,553 |
| 2018 | $33,777 | $3,180,393 | $2,489,654 | $690,739 |
| 2017 | $33,179 | $3,118,033 | $2,440,837 | $677,196 |
| 2016 | $32,431 | $3,056,896 | $2,392,978 | $663,918 |
| 2015 | $32,128 | $3,010,979 | $2,357,033 | $653,946 |
| 2014 | $31,370 | $2,951,999 | $2,310,862 | $641,137 |
Source: Public Records
Agents Affiliated with this Home
-
Lori McGuire
-
Georgie Fenton
Buyer's Agent in 2025
Georgie Fenton
Coldwell Banker Realty
(208) 720-6203
22 in this area
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25016712
APN: 050-081-07
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