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Listed by Louise Stuart • Pacific Coast Realty Group
$ 3,650,000
Est. payment /mo
Active
126 Sapphire Ave Newport Beach, CA 92662
7 Beds
3 Baths
2,370 SqFt
UPDATED:
02/13/2025 03:46 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,370 sqft
Price per Sqft $1,540
MLS Listing ID NP-25018447
Bedrooms 7
Full Baths 2
Year Built 1938
Lot Size 2,550 Sqft
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.
Location
State CA
County Orange
Interior
Cooling None
Fireplaces Type Family Room, Living Room
Laundry None
Exterior
Pool None
Community Features Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected
View Y/N No
View None
Building
Lot Description Corner Lot, Value In Land
Sewer Public Sewer
Schools
Elementary Schools Lincoln
Middle Schools Corona Del Mar
High Schools Corona Del Mar