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122 AgateNewport Beach, CA 92662
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!
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
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Property Details for 122 Agate
This 3-bedroom, 4-bath 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, an attached 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.
Property History
122 Agate was listed for sale on July 23, 2026 (46 days ago) at $3,195,000.
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.
In Newport Beach, 169 homes have closed in the last 90 days at a median of $3,650,000, based on recorded MLS closings. The median was 32 days on market before going under contract.
Estimated monthly payment
6.66% · 30-yr fixedEstimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.66% (week of Aug 27, 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.
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Photos of 122 Agate, Newport Beach
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Also for sale in Newport Beach: 122 Agate, 206 Agate, 210 Opal, 209 Ruby.
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