About 126 Sapphire Ave
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.
Features of 126 Sapphire Ave
| MLS® # | NP25018447 |
|---|---|
| Price | $3,650,000 |
| Bedrooms | 7 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Square Footage | 2,370 |
| Acres | 0.06 |
| Year Built | 1938 |
| Type | Residential |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 126 Sapphire Ave |
|---|---|
| Area | N9 - Lower Newport Bay - Balboa Island |
| City | Newport Beach |
| County | Orange |
| Zip Code | 92662 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | On Street |
| Garages | On Street |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | All Bedrooms Up |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Family Room, Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Unknown |
|---|---|
| Lot Description | Corner Lot, Value In Land |
| Construction | Unknown |
School Information
| District | Newport Mesa Unified |
|---|---|
| Elementary | Lincoln |
| Middle | Corona Del Mar |
| High | Corona Del Mar |
Additional Information
| Date Listed | January 27th, 2025 |
|---|---|
| Days on Market | 37 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Louise Stuart |
|---|---|
| Office | Pacific Coast Realty Group |