Paul Daftarian
Luxe Real Estate
(657) 385-8384
247 Total Sales
1 in Balboa Island
$4,110,000 Price
308 Coral Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $3,024,921
3
Beds
2
Baths
1,390
Sq Ft
$2,176/Sq Ft
Est. Value
Highlights
- Fishing
- Bay View
- Private Yard
- Abraham Lincoln Elementary School Rated A
- Wood Flooring
- No HOA
About This Home
As of August 2026Welcome to this beautifully renovated Balboa Island home, thoughtfully updated throughout in 2026 to offer modern comfort, timeless style, and exceptional indoor-outdoor living.
Inside, you'll enjoy year-round comfort with central air conditioning and heating, a tankless water heater, ceiling fans, and the convenience of an electric vehicle charger. Additional amenities include laundry hookups, a single-car garage, and coveted additional parking—a rare and highly desirable feature on Balboa Island. The home is also prewired with electrical connections for a future jacuzzi or spa.
Designed for both relaxation and entertaining, the outdoor spaces are truly exceptional. Enjoy a spacious front patio, a beautifully landscaped backyard with an expansive patio, exterior landscape lighting on a timer, and a drip irrigation system. A full-opening rear gate provides added accessibility, while natural gas hookups for a BBQ and fire pit, along with a dedicated power outlet for an outdoor TV, make hosting effortless. A large private balcony and charming breezeway complete the home's inviting outdoor living experience.
This exceptional property offers the perfect combination of luxury, functionality, and the relaxed coastal lifestyle that makes Balboa Island one of Newport Beach's most sought-after neighborhoods.
Tenant Responsibilities: Water, gas, electricity, and AT&T Fiber Internet.
Landlord Provides: Trash service and professional landscaping.
Last Agent to Rent the Property
Surterre Properties Inc Brokerage Phone: 949-566-1233 License #02169711 Listed on: 02/05/2026
Last Renter's Agent
Surterre Properties Inc Brokerage Phone: 949-566-1233 License #02169711 Listed on: 02/05/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1939
Lot Details
- 2,550 Sq Ft Lot
- Private Yard
Parking
- 1 Car Garage
- Electric Vehicle Home Charger
- Parking Available
Home Design
- Cottage
- Entry on the 1st floor
Interior Spaces
- 1,390 Sq Ft Home
- 2-Story Property
- Furniture Can Be Negotiated
- Entryway
- Living Room with Fireplace
- Wood Flooring
- Bay Views
- Laundry in Garage
Kitchen
- Six Burner Stove
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Security Deposit $9,215
- Rent includes gardener, trash collection
- 12-Month Minimum Lease Term
- Available 8/1/26
- Legal Lot and Block 5 / 16
- Tax Tract Number 101
- Assessor Parcel Number 05013117
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Amenities
- Laundry Facilities
Recreation
- Fishing
- Park
- Water Sports
- Bike Trail
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2025
Closed on
Oct 17, 2025
Sold by
David J Brobeck Trust and Brobeck David J
Bought by
Seller's Agent
Mele Brobeck
Surterre Properties
Buyer's Agent
Madison Brown
Surterre Properties Inc
List Price
$3,250,000
Sold Price
$2,884,000
Premium/Discount to List
-$366,000
-11.26%
Views
180
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
$140,921
Avg. Annual Appreciation
5.44%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Balboa Island, CA
-
Paul Daftarian
-
Drew Teicheira
Drew Teicheira
Harcourts Place
(877) 672-0775
90 Total Sales
3 in Balboa Island
$3.2M - $4.5M Price Range
-
Tom Unvert
Tom Unvert
Douglas Elliman Of California
(949) 541-6470
39 Total Sales
1 in Balboa Island
$3,000,000 Price
-
Keegan Budden
Keegan Budden
Douglas Elliman of California Inc.
(949) 763-5747
15 Total Sales
2 in Balboa Island
$4,125,000 Price Range
-
Jon Gednalske
Jon Gednalske
Sotheby's International Realty
(605) 501-6267
3 Total Sales
1 in Balboa Island
$4,075,000 Price
-
Jon Perez
Jon Perez
Responds QuicklyFirst Team Real Estate
(562) 553-7094
146 Total Sales
1 in Balboa Island
$4,000,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,884,000 | Fidelity National Title |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/24/2026 08/24/26 | Rented | $9,000 | -2.3% | -- | |
| 08/02/2026 08/02/26 | Price Changed | $9,215 | 0.0% | $7 / Sq Ft | |
| 08/02/2026 08/02/26 | For Rent | $9,215 | -23.2% | -- | |
| 05/24/2026 05/24/26 | Off Market | $12,000 | -- | -- | |
| 02/05/2026 02/05/26 | For Rent | $12,000 | 0.0% | -- | |
| 10/21/2025 10/21/25 | Sold | $2,884,000 | -3.7% | $2,075 / Sq Ft | View Prior Sale |
| 09/30/2025 09/30/25 | Price Changed | $2,995,000 | -7.8% | $2,155 / Sq Ft | |
| 08/13/2025 08/13/25 | For Sale | $3,250,000 | -- | $2,338 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,649 | $2,884,000 | $2,797,139 | $86,861 |
| 2025 | $4,649 | $151,981 | $122,665 | $29,316 |
| 2024 | $4,611 | $149,001 | $120,259 | $28,742 |
| 2023 | $4,469 | $146,080 | $117,901 | $28,179 |
| 2022 | $1,875 | $143,216 | $115,589 | $27,627 |
| 2021 | $1,841 | $140,408 | $113,322 | $27,086 |
| 2020 | $1,823 | $138,969 | $112,160 | $26,809 |
| 2019 | $1,793 | $136,245 | $109,961 | $26,284 |
| 2018 | $1,760 | $133,574 | $107,805 | $25,769 |
| 2017 | $1,730 | $130,955 | $105,691 | $25,264 |
| 2016 | $1,695 | $128,388 | $103,619 | $24,769 |
| 2015 | $1,677 | $126,460 | $102,063 | $24,397 |
| 2014 | $1,638 | $123,983 | $100,063 | $23,920 |
Source: Public Records
Agents Affiliated with this Home
-
Madison Brown
MB
Landlord's Agent in 2026
Madison Brown
Surterre Properties Inc
(949) 717-7100
1 in this area
4 Total Sales
-
Mele Brobeck
Seller's Agent in 2025
Mele Brobeck
Surterre Properties
(949) 717-6000
1 in this area
13 Total Sales
-
Momi Bartholomew
Seller Co-Listing Agent in 2025
Momi Bartholomew
Surterre Properties
(949) 701-0998
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26026962
APN: 050-131-17
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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