124 Sapphire Avenue, Newport Beach, CA 92662

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

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:329 day(s) ago
  • Updated:March 28, 2026 at 07:13 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:1
  • 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
  • Lot Features:Tear Down, Value In Land
  • Levels:2 Story

Schools

  • High school:Corona Del Mar
  • Middle school:Corona Del Mar
  • Elementary school:Lincoln

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

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

Parking

  • Parking description:On Street
Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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