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.
MLS #
CRNP25018447
MLS Source
California Regional MLS
Days on Site
75
Bedrooms
Other
Family Room
Other
Fireplace
Family Room, Living Room
Laundry
None
Cooling
None
Pool
None
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
Listing Agent
Louise Stuart
Pacific Coast Realty Group
License #: 00930542
Phone: –
Co-Listing Agent
Jeffrey Butcher
Pacific Coast Realty Group
License #: 01104911
Phone: (949) 422-1108
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Newport Elementary School | public | K-6 | 1.46 mi | |
Horace Ensign Intermediate School | public | 7-8 | 1.57 mi | |
Newport Harbor High School | public | 9-12 | 1.65 mi | |
Mariners Elementary School | public | K-6 | 1.91 mi | |
Newport Heights Elementary School | public | K-6 | 2.16 mi | |
Corona Del Mar High School | public | 7-12 | 2.19 mi | |
Roy O. Andersen Elementary School | public | K-6 | 2.37 mi | |
Woodland Elementary School | public | KG,1,2 | 2.58 mi | N/A |
Eastbluff Elementary School | public | K-6 | 2.59 mi | |
Heinz Kaiser Elementary School | public | 3,4,5,6 | 2.79 mi | |
Monte Vista High School | public | K-12 | 3.35 mi | |
Back Bay High School | public | 9-12 | 3.35 mi | |
Newport-Mesa Adult | public | UG | 3.54 mi | N/A |
Everett A. Rea Elementary School | public | K-6 | 3.60 mi | |
Whittier Elementary School | public | K-6 | 3.63 mi | |
Pomona Elementary School | public | K-6 | 3.69 mi | |
Newport Coast Elementary School | public | K-6 | 3.85 mi | |
College Park Elementary School | public | K-6 | 3.93 mi | |
Wilson Elementary School | public | K-6 | 4.16 mi | |
Victoria Elementary School | public | K-6 | 4.22 mi |
126 Sapphire Ave is a Duplex in Newport Beach, CA 92662. This 2,370 square foot property sits on a 2,550 Sq Ft Lot and features 7 bedrooms & 2 full bathrooms. It is currently priced at $3,650,000 and was built in 1938.
This address can also be written as 126 Sapphire Ave, Newport Beach, CA 92662.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 01, 2025. For the most current information, please contact Louise Stuart