126 Sapphire Ave, Newport Beach, CA 92662

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

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.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Features All Bedrooms Up
Bedrooms 7
Bathroom Information
Bathrooms 3
Interior Information
Features All Bedrooms Up
Cooling Type None

Listing Information

Address 126 Sapphire Ave
City Newport Beach
State CA
Zip 92662
County Orange
Listing Agent Louise Stuart DRE #00930542
Co-Listing Agent Jeffrey Butcher DRE #01104911
Courtesy Of Pacific Coast Realty Group
List Price $3,650,000
Status Active
Type Residential
Subtype Duplex
Structure Size 2,370
Lot Size 2,550
Year Built 1938

Listing information courtesy of: Louise Stuart, Jeffrey Butcher, Pacific Coast Realty Group. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 13th, 2025 at 2:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.