$3,650,000
For Sale

126 Sapphire Ave

Newport Beach, CA 92662
2370 sqft | 7 beds | 2 baths | 0.06 acres | #NP25018447
Listing OfficePacific Coast Realty Group
Browse 10 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Property Details
      • Utility FeaturesElectricityConnected, SewerConnected, WaterConnected
      • Lot DescriptionCornerLot, ValueInLand
      • School DistrictNewport Mesa Unified
      • Middle SchoolCorona Del Mar
      • High SchoolCorona Del Mar
      • InteriorAllBedroomsUp
      • Sewer InformationPublicSewer
      • Original List Price$3,650,000
      • MLS #NP25018447
      • MLS #NP25018447
      • Property TypePurchase
      • Elementary SchoolLincoln
      • Cost3650000
      • Acres0.0585
      • Utility SourcePublic
      • CountyOrange
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Square Feet2370
      • Year Built1938
      • Bedrooms7
      • Bathrooms2
      • Full Baths2
      • Stories2

Location

Jocelyn BackesReal Estate Group

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