$3,490,000
121 Marine AvenueNewport Beach, CA 92662Balboa Island - Main Island
122 Agate, Newport Beach, CA 92662
- 3,026 sq ft
- Built 1937
$3,195,000
This property is also on the market under MLS NP26160842 (Residential).
The home
About 122 Agate
Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or professional uses, and may also be leased as two separate commercial spaces. Behind this space are two large office/workshop areas, a half bathroom, and laundry facilities. The upstairs unit is bright and spacious, with three bedrooms, two baths, and an abundance of built-in storage. Completing the upper level is a huge, inviting, partially covered deck, perfect for daily living, dining, and entertaining. This unit is currently leased as a residence with long-term tenants. In the rear of the property is a two-car garage, plus open spaces for one or two additional vehicles. 122 Agate is a rare and exciting offering, perfect for a homeowner, entrepreneur, or investor!
Property details for 122 Agate
This home sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It offers 3,026 square feet of living space and is listed at $3,195,000, about $1,056 per square foot. The home was built in 1937. The MLS record lists the assessor parcel number as 050-052-25. Highlights include bay views, a fireplace, a two-car garage, central air, and traditional architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $3,195,000
- Days On Site
- 95 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,026 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1937
- MLS® Number
- NP26144548
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Mixed Use
- MLS Number
- NP26144548
- Year Built
- 1937
- Lot Size (sq ft)
- 2,550
- Lot Size (acres)
- 0.0585
- Levels
- Two
- Garage Spaces
- 2
- Parking Spaces
- 4
- View
- Bay
- Parcel Number
- 05005225
- On Market Date
- 2026-07-22
- Zoning
- R1.5
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, All Bedrooms Up
- Flooring
- Laminate
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Outside
- Laundry
- Inside
- Entry Level
- 1
- Common Walls
- One Common Wall
- Accessibility
- Safe Emergency Egress From Home
- Rooms
- Bedroom
Exterior Features
- Architectural Style
- Traditional
- Lot Features
- Walkstreet
- Pool Features
- None
- Spa
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Units
- 2
Community Features
- Subdivision
- Balboa Island - Main Island (BALM)
- Community Features
- Biking, Curbs, Fishing, Park, Street Lights, Sidewalks, Water Sports
The record
Property History for 122 Agate
| Date | Event | Price | Note |
|---|---|---|---|
| Jul 22, 2026 | Listed for sale | $3,195,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 122 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 30 of 30 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 30 of 30. DSL: AT&T, up to 50 Mbps, at 4 of 30.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630061010, 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
Cost of ownership
Estimated monthly payment
7.32% · 30-yr fixed$
$24,759/mo
10% down · 30-year fixed · $319,500 down
Principal & interest$19,753
Mortgage insurance (est., over 80% LTV)$1,198
Property tax (est. 1.08%)$2,876
Home insurance (rough est., varies widely)$932
HOANot reported, not included
$21,366/mo
20% down · 30-year fixed · $639,000 down
Principal & interest$17,558
Property tax (est. 1.08%)$2,876
Home insurance (rough est., varies widely)$932
HOANot reported, not included
$19,171/mo
30% down · 30-year fixed · $958,500 down
Principal & interest$15,363
Property tax (est. 1.08%)$2,876
Home insurance (rough est., varies widely)$932
HOANot reported, not included
Estimated carrying cost
$3,808/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,876
Home insurance (rough est., varies widely)$932
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.32% (week of Oct 22, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 122 Agate
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Selling near 122 Agate
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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 the 17 other homes for sale Newport Beach housing market
Location
Location
Photographs
Photos of 122 Agate, Newport Beach
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Listed by Donald Abrams of Abrams Coastal Properties
Listing information updated Oct 24, 2026 at 5:07 PM 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.