124 Sapphire Avenue, Newport Beach, CA 92662

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
124 Sapphire Avenue,Newport Beach, CA 92662
$6,400,000
  • 5 Beds
  • 3 Baths
  • 2,370 sq. ft.
  • Multi-family
  • Active
Listed by:louise stuart
Office:pacific coast realty group
MLS#:NP25097121
Source:CAREIL

Price summary

  • Price:$6,400,000
  • Price per sq. ft.:$2,700.42

About this home

DEVELOPER'S DREAM! Rare Opportunity to Develop 2 Side-by-Side Balboa Island Lots! In a desirable mid-Island location,126 & 124 Sapphire Ave, 2 parcels with separate APN numbers, at the corner of Park and Sapphire, have a combined total of app 5100 sqft. 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. 126 Sapphire: At the corner of Park Ave, this family Duplex reportedly built in 1938, has been modified and expanded over almost 9 decades with unknown permit history. Now a “TEAR DOWN” on an approx. 2550-2614 sqft lot., the 2-story front house was configured with up to 4 bedrooms, 1 1/2 bathrooms, 2 kitchen areas and a den. Upstairs in the rear is a unit of unknown sqft with up to 3 bedrooms & 1 bathroom. 124 Sapphire: The adjacent parcel is reported to be 2,550 sqft, best described as a vacant lot with covered storage/patios and open space. SELLER WILL ONLY CONSIDER

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Home facts

  • Year built:1938
  • Listing ID #:NP25097121
  • Added:145 day(s) ago
  • Updated:September 23, 2025 at 04:27 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:2,370 sq. ft.

Structure and exterior

  • Year built:1938
  • Building area:2,370 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:CODEMA
  • Middle school:CODEMA
  • Elementary school:LINCOL

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$6,400,000
  • Price per sq. ft.:$2,700.42
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