Sold
127 Agate sold on August 21, 2020 for $1,875,000, 1.3% below the $1,900,000 asking price after 19 days on the market; it was first listed at $1,999,000. The details are below for reference.
127 Agate, Newport Beach, CA 92662
- 8 beds
- 6 baths
- 3,500 sq ft
- Built 1925
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$1,875,000
This home has a newer listing: MLS NP24062523 (Sold).
The home
About 127 Agate
A Historic Landmark "The Balboa Island Hotel" Built-in 1925, by its first owner a local Portuguese fisherman. In the early days, some of the Hollywood studios would rent the entire hotel for the movie stars to stay in while a movie was being made. At that time it had 7 rooms upstairs and a duplex in the back. Over the years the last owner Suzie converted the seven rooms into 4 bedrooms and 2 bathrooms on the second floor and 2 bed 2 baths on the first floor. With over 90 years of history "if walls could talk" we are looking for a new buyer with a vision for this iconic Balboa Island Hotel. Plenty of opportunities to restore the business and make a profit. The duplex in the back was brought over the bridge and onto the Island in 1934. It currently has a Studio leased at $1150 and the 1 bedroom for $1650 a month. The Hotel is located on the same street as the Balboa Island Ferry. Walk to breakfast, lunch, or dinner "501 Park Ave" restaurant also located across the street, and shop at the local market and deli located next to the Ferry, or cross over and spend the day at the Beach in Newport. There is a park with basketball hoops just steps from the Hotel and a very short walk to beaches on the north bayfront and south bayfront. The Balboa Island Hotel needs some love to bring it back to life. A wonderful opportunity for you or someone you know. Priced to sell! President's Award Winning Schools!!
Property details for 127 Agate
This 8-bedroom, 6-bath triplex sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 3,500 square feet of living space. The home was built in 1925. The MLS record lists the assessor parcel number as 050-043-25. Highlights include a fireplace.
Specifications
Home Details
General Features
- Property Type
- Triplex
- MLS Number
- NP20098654
- Year Built
- 1925
- Living Area (sq ft)
- 3,500
- Lot Size (sq ft)
- 2,550
- Lot Size (acres)
- 0.0585
- Levels
- Two
- Bedrooms
- 8
- Full Baths
- 4
- View
- Peek A Boo
- Parcel Number
- 05004325
- On Market Date
- 2020-05-27
- Listing Terms
- Standard
Interior Features
- Interior Features
- Attic
- Cooling
- None
- Fireplace
- Living Room
- Laundry
- Common Area
- Main Level Bedrooms
- 4
- Main Level Bathrooms
- 4
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Level, Value In Land
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 3
Community Features
- Subdivision
- Balboa Island - Main Island (BALM)
- Community Features
- Biking, Park, Street Lights
The record
Property History for 127 Agate
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 29, 2024 | Sold | $3,500,000 | Compass |
| Aug 21, 2020 | Sold | $1,875,000 | |
| May 27, 2020 | Listed for sale | $1,999,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 127 Agate
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone AO, inside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0382K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 22 of 24 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 24 of 24. DSL: AT&T, up to 10 Mbps, at 4 of 24.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630061009, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.8 miles away (Tesla Destination, 2 Level 2 ports). 160 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
See 18 homes for sale in Balboa Island - Main Island Newport Beach housing market
Schools
Schools for 127 Agate
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Lincoln
- Middle
- Corona Del Mar
- High
- Corona Del Mar
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Kristy Holt of Kristy S. Holt
Listing information updated Apr 30, 2021 at 6:28 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.