124 Sapphire Avenue, Newport Beach, CA 92662

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

May

Fri

May

Sat

May

Patricia Beattie

patricia@brivio.com +1(415) 286-8292

Listed by Louise Stuart • Pacific Coast Realty Group

$6,800,000

Est. payment - /mo

5 Beds

3 Baths

2,370 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 2,370 sqft

Price per Sqft $2,869

MLS Listing ID CRNP25097121

Bedrooms 5

Full Baths 1

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1938

Lot Size 5,100 Sqft

Property Sub-Type Duet

Property Description

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 â€œTEAR DOWNâ€ 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 OF THE 2 PARCELS TO ONE BUYER. Sale of the 2 parcels is to be contingent upon concurrent closing of both parcels to a single buyer/builder/developer, thus creating a once-in-a-lifetime opportunity with endless possibilities for the right buyer.

Location

State CA

County Orange

Interior

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Laundry See Remarks

Exterior

Pool None

View None

Private Pool false

Building

Lot Description Street Light(s), Storm Drain

Story 2

Water Public

Schools

School District Newport-Mesa Unified

Read Less Info

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Get More Information

Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

Quick Search

124 Sapphire Avenue Newport Beach, CA 92662

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Schools

Get More Information