$3,650,000
7 Bed
3 Bath
2,370 Sqft
2,550 Sqft

126 Sapphire Ave, Newport Beach, CA 92662

  • Residential Property Type
  • 27 Days Days On Market
  • 1938 Year Built
Property Description

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 Details
Residential
Duet
For Sale
CRNP25018447
$3,650,000
None
7
3
27
1
2,370 Sqft
1938
2,550 Sqft
2
0.06 Acre
Active
2
: Two Story
2
1
Features
: None
: None
: Family Room, Den
Sewer Connected
Public Sewer
: Family Room, Living Room
: None
: Corner Lot, Street Light(s), Storm Drain
: On Street
Address Map
CA
Orange
Newport Beach
92662
Sapphire Ave
126
W118° 6' 24.4''
N33° 36' 20''
Balboa Island: Corner Park & Sapphire Ave
Additional Info
Pacific Coast Realty Group
Louise Stuart
lstuart.pcrg@sbcglobal.net
: Other
Newport-Mesa Unified
Active
Public
For Sale
Price History
02/12/2025
$3,650,000
$0
Additional Information
2370
Listing Information
2025-02-13T15:14:07Z
Jeffrey Butcher
Pacific Coast Realty Group
BayEast
CR304119
CR54912
Request Buyer Agent Tour

    Agent info
    Rajesh Chenna
    Realty++
    Srinivas Sanigepalli
    Realty++
    Rekha Mahalingam
    Realty++
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