714-914-4996

126 Sapphire Ave ,
Newport Beach, CA 92662

$3,650,000

A DEVELOPER'S DREAM in a desirable mid-Island location! On the market for the first time, 126 SAPPHIRE, at the corner of Park Ave, is a treasured family Duplex on a 2,550 sqft lot with original construction reportedly built in1938. Owned by one family for almost 9 decades, modified and expanded over the years with unknown permit history, it is currently improved with two units. The front house consists of a 4 bedroom, 1 1/2 bathroom, 2-story home with 2 kitchen areas and a den. The upstairs rear unit has 3 bedrooms and 1 bathroom. Convenient to Marine Ave shopping and dining, within a short walk to the Balboa Ferry, all that Balboa Island has to offer is walkable, and with less congestion. LISTED SEPARATELY: the adjacent 2,550 sqft parcel at 124 SAPPHIRE, (SEE mls#NP25019868) is a vacant lot with covered storage/patios and open space. Seller’s preference is to sell both parcels (total 5,100 sqft) to the same buyer, thus creating a once-in-a-lifetime opportunity with endless possibilities for the right buyer.

Basic Information

MLS #:
NP25018447

Price:
$3,650,000

Price
(per sq ft):
$1,540.00

Address:
126 Sapphire Ave ,
Newport Beach, CA 92662

MLS Area:
N9 - Lower Newport Bay - Balboa Island

Subdivision:

Property
Type:
Duplex

Days on Market:
50

Status:
Active

Bedrooms:
7

Bathrooms:
3

Full Baths:
2

Size (sq ft):
2,370 sq ft

Lot Size:
2,550 sq ft

Year Built:
1938

Sale Type:
Trust

Rooms in Home

Rooms:
All Bedrooms Up, Den, Family Room

Eating Area:

Laundry:
None

Entry Location:
Front & Rear

Interior Features

Fireplace:
Family Room, Living Room

Cooling:
None

Heating:

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
0 Spaces

Carport:
0 Spaces

Parking:
Street

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Electricity Connected,Sewer Connected,Water Connected

School Information

District:
Newport Mesa Unified

Elementary:
LINCOL

Middle:
CODEMA

High:
CODEMA

Exterior Features

Pool:
None

Spa:

Patio:

View:
None

Construction:
Unknown

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
Corner Lot, Value In Land

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Other Structures:

Structure Condition:
Additions/Alterations, Fixer, Repairs Major

Direction Faces:

Listed by:
Pacific Coast Realty Group , Louise Stuart , 00930542

Co-Listed:
Pacific Coast Realty Group , Jeffrey Butcher , 01104911

Last
Updated:
4/3/2025 6:09 PM

126 Sapphire Ave ,
Newport Beach, CA 92662