Sold
124 126 Sapphire Avenue sold on May 13, 2026 for $5,810,000, 9.2% below the $6,400,000 asking price after 206 days on the market, including an earlier listing; it was first listed at $6,800,000. The buyer financed the purchase. The details are below for reference.
124 126 Sapphire Avenue, Newport Beach, CA 92662
- 5 beds
- 3 baths
- 2,370 sq ft
- Built 1938
Own 124 126 Sapphire Avenue? Request a free home valuation to see what it is worth today.
$5,810,000
Subdivision Balboa Island - Main Island
14 duplexes sold in the past 12 months · median $3,764,855
The home
About 124 126 Sapphire Avenue
DEVELOPER'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.
Property details for 124 126 Sapphire Avenue
This 5-bedroom, 3-bath duplex sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 2,370 square feet of living space. The home was built in 1938. The MLS record lists the assessor parcel number as 050-111-01. Highlights include a fireplace.
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- NP25097121
- Year Built
- 1938
- Living Area (sq ft)
- 2,370
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 5,100
- Lot Size (acres)
- 0.1171
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 1
- Half Baths
- 1
- View
- None
- Parcel Number
- 05011101
- On Market Date
- 2025-05-02
- Listing Terms
- Trust
Interior Features
- Cooling
- See Remarks
- Fireplace
- See Remarks
- Laundry
- See Remarks
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Tear Down, Value In Land
- Parking
- On Street
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 2
Community Features
- Subdivision
- Balboa Island - Main Island (BALM)
- Community Features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks
The record
Property History for 124 126 Sapphire Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| May 13, 2026 | Sold | $5,810,000 | |
| Dec 8, 2025 | Status changed to Pending | From Active Under Contract | |
| Oct 16, 2025 | Status changed to Active Under Contract | From Active | |
| Jul 25, 2025 | Price reduced | $6,400,000 | From $6,800,000 |
| Jul 19, 2025 | Status changed to Active | From Hold | |
| Jun 10, 2025 | Status changed to Hold | From Active | |
| May 2, 2025 | Relisted | $6,800,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 124 126 Sapphire Avenue
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 X, 0.2 percent annual chance flood hazard. Outside 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 25 of 25 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 25 of 25. Fixed wireless: Verizon, up to 300 Mbps, at 21 of 25.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630062012, 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). 158 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
124 126 Sapphire Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 124 126 Sapphire Avenue
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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.
Balboa Island - Main Island home sales, past 12 months
- Homes sold
- 14
- Median price
- $3,764,855
- Median days on market
- 60
- Median per sq ft
- $1,662
Recorded MLS closings of duplexes, Nov 3, 2025 to Nov 3, 2026. Days on market run from listing to going under contract.
Recent Balboa Island - Main Island sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 224 Amethyst | Sep 29, 2026 | $3,736,710 | 2,805 | $1,332 | 115 |
| 118 Emerald | Aug 20, 2026 | $3,350,000 | 1,893 | $1,770 | 79 |
| 1403 N Bayfront | Aug 3, 2026 | $5,600,000 | 2,105 | $2,660 | 27 |
| 216 Amethyst | Jul 30, 2026 | $3,180,000 | 2,363 | $1,346 | 147 |
| 302 S Bay Front | Jun 25, 2026 | $7,105,000 | 2,926 | $2,428 | 60 |
See 17 homes for sale in Balboa Island - Main Island Newport Beach housing market
Schools
Schools for 124 126 Sapphire Avenue
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 Louise Stuart of Pacific Coast Realty Group
Listing information updated Jun 12, 2026 at 10:26 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.