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Sold

124 Agate Avenue sold on May 1, 2023 for $2,475,000, 8.3% below the $2,700,000 asking price after 176 days on the market; it was first listed at $2,999,998. The buyer paid cash. The details are below for reference.

DuplexSold · May 1, 2023

124 Agate Avenue, Newport Beach, CA 92662

  • 4 beds
  • 4 baths
  • 1,546 sq ft
  • Built 1923

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$2,475,000

MLS# PW22222474

Subdivision Balboa Island - Main Island

14 duplexes sold in the past 12 months · median $3,764,855

See 17 homes for sale in Balboa Island - Main Island

The home

About 124 Agate Avenue

The Balboa Island opportunity you have been waiting for is here! Located on a lot zoned for commercial/residential, this modern duplex sits on only half the lot. SO much potential! Each level has two bedrooms and two full bathrooms with quartz countertops and double sinks, step in showers, upgraded doors, modern finishes and all appliances included. The upstairs unit has a small private balcony off the kitchen. This duplex has energy efficient lighting, plumbing, two tankless hot water heaters, two ring doorbells, owned solar panels and off street parking. There is also an adjacent parking spot behind the duplex, off the alley. Both units share an on-site washer & dyer and there is a shed and under-stairs storage for bikes, beach gear and surfboards. It would make a wonderful (and lucrative) rental property or perfect spot to live and build your own business for the residents of this little island community. Balboa Island hosts parades, festivals, garage sales, parties and community events year round. Your new home is located six units from the sand and on the street of the ferry for convenient access. Come live where others vacation or get paid when they do! Welcome Home Indeed.

Property details for 124 Agate Avenue

This 4-bedroom, 4-bath duplex sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 1,546 square feet of living space. The home was built in 1923. The MLS record lists the assessor parcel number as 050-052-26. Highlights include a turnkey home and modern architecture.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
PW22222474
Year Built
1923
Living Area (sq ft)
1,546
Living Area Source
Assessor
Lot Size (sq ft)
2,614
Lot Size (acres)
0.06
Levels
Two
Bedrooms
4
Full Baths
4
Parking Spaces
4
View
None
Parcel Number
05005226
On Market Date
2022-10-20
Zoning
R2
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Balcony, Granite Counters, Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom On Main Level, Main Level Primary
Appliances
Six Burner Stove, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
Flooring
Tile, Vinyl
Heating
Wall Furnace
Cooling
None
Fireplace
None
Laundry
Laundry Closet, Laundry Room, Stacked
Main Level Bedrooms
2
Main Level Bathrooms
2
Common Walls
No Common Walls
Windows
Blinds, Double Pane Windows, Screens, Tinted Windows
Doors
Insulated Doors
Accessibility
No Stairs, Parking, Accessible Doors

Exterior Features

Architectural Style
Modern
Exterior Features
Lighting, Rain Gutters
Roof
Flat
Construction
Concrete, Copper Plumbing
Foundation
Slab
Lot Features
Zero To One Unit Acre, Paved, Rectangular Lot, Street Level, Value In Land
Patio and Porch
Rear Porch
Parking
Driveway, Off Street, Oversized, Shared Driveway, Tandem, Uncovered
Fencing
None
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Condition
Turnkey
Faces
Northwest
Units
1

Community Features

Subdivision
Balboa Island - Main Island (BALM)
Community Features
Biking, Curbs, Dog Park, Fishing, Gutters, Park, Storm Drains, Street Lights, Sidewalks, Water Sports, Marina
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 124 Agate Avenue

DateEventPriceNote
May 1, 2023 Sold $2,475,000
Apr 16, 2023 Status changed to Pending From Active
Feb 8, 2023 Status changed to Active From Active Under Contract
Feb 8, 2023 Price reduced $2,700,000 From $2,999,998
Jan 20, 2023 Status changed to Active Under Contract From Active
Oct 20, 2022 Listed for sale $2,999,998
Oct 16, 2018 Sold $1,950,000 Realty National, Inc
Aug 12, 2016 Sold $1,200,000 Lora Vance, Realtor

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 124 Agate 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 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

Next steps

Looking for something similar

124 Agate 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.

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Selling near 124 Agate Avenue

Thinking of selling nearby? We bring current Balboa Island - Main Island sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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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 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.

Recent Balboa Island - Main Island sales

AddressClosedPriceSq ftPer sq ftDays 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

Schools

Schools for 124 Agate Avenue

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Abraham Lincoln
Middle
Horace Ensign
High
Corona Del Mar
District
Newport Mesa Unified

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Carly Zamani of Carly Zamani, Broker

Listing information updated May 8, 2023 at 2:31 PM PT. Source: CRMLS.

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