308 Coral Ave, Newport Beach, CA 92662
Welcome 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.
The open-concept layout is designed for both grand entertaining and comfortable daily living. Residents enjoy access to premium amenities.
Credit Score
Minimum 700+ FICO score required.
Income Requirement
3x monthly rent in gross income.
Security Deposit
Equal to 1.5 months rent.
Employment
2 years consistent work history.
Relative pricing for luxury rentals in this area
This property is priced competitively within the top 25% of luxury rentals in this area.
| Rating | School Name |
|---|---|
10 | Harbor View Elementary Elementary School • |
10 | Newport Elementary Elementary School • |
8 | Newport Harbor High High School • |
9 | Horace Ensign Intermediate Middle School • |
10 | Mariners Elementary Elementary School • |
Marcus Thorne
Property Manager