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124 Sapphire Avenue, Newport Beach, CA 92662
Priced at Only: $6,800,000
For more Information Call
Mobile: 714.478.6676
Address: 124 Sapphire Avenue, Newport Beach, CA 92662
Property Photos

Property Location and Similar Properties
- MLS#: NP25097121 ( Duplex )
- Street Address: 124 Sapphire Avenue
- Viewed: 5
- Price: $6,800,000
- Price sqft: $2,869
- Waterfront: No
- Year Built: 1938
- Bldg sqft: 2370
- Bedrooms: 5
- Total Baths: 3
- Full Baths: 1
- 1/2 Baths: 1
- Days On Market: 20
- Additional Information
- County: ORANGE
- City: Newport Beach
- Zipcode: 92662
- Subdivision: Balboa Island Main Island (b
- District: Newport Mesa Unified
- Elementary School: LINCOL
- Middle School: CODEMA
- High School: CODEMA
- Provided by: Pacific Coast Realty Group
- Contact: Louise Louise
- DMCA Notice
-
DescriptionDEVELOPER'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 TEAR DOWN 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.
Features
Additional Parcels Description
- 05011102
Assessments
- Unknown
Association Fee
- 0.00
Commoninterest
- None
Common Walls
- No Common Walls
Cooling
- See Remarks
Country
- US
Days On Market
- 85
Elementary School
- LINCOL
Elementaryschool
- Lincoln
Entry Location
- Street
Fireplace Features
- See Remarks
Garage Spaces
- 0.00
High School
- CODEMA
Highschool
- Corona Del Mar
Laundry Features
- See Remarks
Levels
- Two
Living Area Source
- Assessor
Lockboxtype
- None
- Call Listing Office
Lot Dimensions Source
- Public Records
Lot Features
- Tear Down
- Value In Land
Middle School
- CODEMA
Middleorjuniorschool
- Corona Del Mar
Parcel Number
- 05011101
Parking Features
- Street
Pool Features
- None
Postalcodeplus4
- 1151
Property Type
- Duplex
School District
- Newport Mesa Unified
Sewer
- Public Sewer
Subdivision Name Other
- Balboa Island - Main Island (BALM)
View
- None
Water Source
- Public
Year Built
- 1938
Year Built Source
- Public Records

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com