124 Sapphire Avenue, Newport Beach, CA 92662

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
124 Sapphire Avenue,Newport Beach, CA 92662
$6,400,000
  • 5 Beds
  • 3 Baths
  • 2,370 sq. ft.
  • Single family
  • Pending
Listed by: louise stuart, jeffrey butcher
Office: pacific coast realty group
MLS#:CRNP25097121
Source:Bay East, CCAR, bridgeMLS

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 SALE

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Home facts

  • Year built:1938
  • Listing ID #:CRNP25097121
  • Added:298 day(s) ago
  • Updated:February 16, 2026 at 08:17 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full 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

Utilities

  • Water:Public

Finances and disclosures

  • Price:$6,400,000
  • Price per sq. ft.:$2,700.42
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at February 16, 2026

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