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302 Ruby Avenue, Newport Beach, CA 92662

$5.2M2bd · 3ba · 2,415 sqft
Lot 2,550 sqft•Single Family Residence•
Active
•21d on market•MLS# NP-26219910

Property Description

Welcome to 302 Ruby, a beautiful coastal retreat in the heart of Balboa Island. This inviting home features 2 bedrooms and a versatile den with potential for a 3rd bedroom, 2 3/4 baths offering a comfortable and functional layout perfect for enjoying the best of Balboa Island. The high ceilings create a bright, open feel throughout the home, while the cozy fireplaces in the living room, TV room and Primary bedroom add warmth and charm. The attached 2 car garage provides convenient parking and extra storage. After a day at Ruby Beach, an Island favorite, enjoy the convenience of a downstairs bathroom with a shower and direct exterior access. Perfect for washing off the sand before heading inside. Ideally located just moments from Restaurants, a small park with a half basket ball court and room to set up your portable pickle ball net, small grocery store and the iconic Balboa Island Ferry, this home puts the best of the Island lifestyle right at your doorstep .Enjoy morning walks, passing friendly people and coffee at several local spots downtown are Just some of the unique benefits of the Island lifestyle. Marine Ave. is famous for its cute shops, variety of good restaurants and delicious Balboa Bars, ice cream and gelato locations! The Island even has its own Fire Station, Popular Parade, Art Walk Holiday Tree lighting and more.

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
None
City
Newport Beach
Zip Code
92662
County
Orange
Listed bySurterre Properties Inc., Sue Podany

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$26,294.03
Principal & Interest
Loan Amount
$4,160,000
Total Interest
$5,305,851
Total Payment Over 30 Years
$9,465,851
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

302 Ruby Avenue, Newport Beach, CA 92662

Newport Beach · Single Family Residence

$5.2M
Luxury Tier
Beds
2
Baths
3
Sqft
2,415
Lot
2,550 sqft
Year
1993
$/Sqft
$2153
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 5.5% below the median closed sale of $5,500,000. Expect a longer timeline — comps averaged 147 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $5.20M· $2,153/sqft
Total list price
Closed comps
vs closed median $5.50M
−$300K (−5.5%)
Active comps
vs active median $5.65M
−$450K (−8.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,410
−$257 (−10.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
119 OpalNewport Beach2001332,3542,550$2,463$5.80M3689
1617 Balboa BoulevardNewport Beach1929432,0783,080$2,575$5.35M10975
224 CoralNewport Beach1990443,3633,960$1,680$5.65M2770
419 BalboaNewport Beach2017673,4553,049$1,446$5.00M14964
2632 Vista DriveNewport Beach1949321,4924,000$3,884$5.79M11562
Total: 5 · Average4.03.82,548.43,327.8$2,409.6$5.52M87.2
Median2,354$5.65M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
126 Ruby AvenueNewport Beach201601/02/2026352,4292,550$5.75M$5.50M$2,2640.9631883
112 Ruby AvenueNewport Beach197212/09/2025432,7662,550$5.00M$4.88M$1,7620.9811382
204 Pearl AvenueNewport Beach193907/14/2026342,4282,550$6.00M$5.85M$2,4090.986679
214 Abalone AvenueNewport Beach197207/23/2026452,7602,614$5.65M$5.50M$1,9930.9716278
322 Grand CanalNewport Beach195606/08/2026331,6532,175$4.75M$4.50M$2,7220.957577
Total: 5 · Average3.44.02,407.22,487.8$5.25M$5.25M$2,230—146.8
Median2,429$5.50M$5.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.