126 Sapphire Ave
Newport Beach, CA, 92662
$3,650,000
7 Beds
3 Baths
2,370 SqFt
0.06 Acres
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A DEVELOPER&#39'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.

Property Details

Price:
$3,650,000
MLS #:
NP25018447
Status:
Active
Beds:
7
Baths:
3
Address:
126 Sapphire Ave
Type:
Single Family
Subtype:
Duplex
Neighborhood:
n9lowernewportbaybalboaisland
City:
Newport Beach
Listed Date:
Jan 27, 2025
State:
CA
Finished Sq Ft:
2,370
ZIP:
92662
Lot Size:
2,550 sqft / 0.06 acres (approx)
Year Built:
1938
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Schools

School District:
Newport Mesa Unified
Elementary School:
Lincoln
Middle School:
Corona Del Mar
High School:
Corona Del Mar

Interior

Cooling
None
Fireplace Features
Family Room, Living Room

Exterior

Community Features
Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Garage Spaces
0.00
Lot Features
Corner Lot, Value In Land
Parking Features
Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Sewer Connected, Water Connected

Map

Community

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126 Sapphire Ave
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