Outstanding oversized custom duplex located in the prime 100-block of Sapphire. This fantastic property, extensively remodeled in 2008, offers the flexibility of being used as two separate units or one large 4-bedroom residence. The main home features a spacious front patio, two expansive living areas, a private courtyard, a gourmet kitchen with island and bar seating, and a downstairs laundry. Upstairs, the master retreat boasts vaulted ceilings, a mini bar, a private patio with Bay views, a spacious bathroom, and a walk-in closet. A large guest suite is also located on the second level of the main home. The generously-sized rear unit, with its own separate entrance (and optional direct access to the main home), includes a large living area with a fireplace, an expansive kitchen, two bedrooms, two baths, and laundry. Additional highlights include A/C, a two-car garage, newer carpets, and more.
Sold for $4,395,000
Listed by: Arbor Real Estate • Ryan Gunderson • Contact: 949-873-3841
Bought with: Arbor Real Estate
$4,395,000
123 Sapphire Ave, Newport Beach, CA 92662
4beds
2,778sqft
Duplex
Built in 1964
2,550 Square Feet Lot
$5,292,100 Zestimate®
$1,582/sqft
$7,118 Estimated rent
Home value
$5,292,100
$4.76M - $5.98M
$7,118/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ryan Gunderson DRE #01869795 ryan@arborrealestate.com,
Arbor Real Estate
Bought with:
Cherie Axelson, DRE #02116436
Arbor Real Estate
Heather Kidder, DRE #01187466
Arbor Real Estate
Source: CRMLS,MLS#: NP24199197
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 4
- Main level bathrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Washer Hookup
Features
- All Bedrooms Up
- Has fireplace: Yes
- Fireplace features: Bonus Room, Family Room, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,778 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
Lot
- Size: 2,550 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 05010323
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Balboa Island - Main Island (Balm)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,582/sqft
- Tax assessed value: $4,482,900
- Date on market: 9/26/2024
- Cumulative days on market: 35 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $4,395,000$1,582/sqft |
Source:  CRMLS #NP24199197 Report a problem | ||
| 11/12/2024 | Pending sale | $4,395,000$1,582/sqft |
Source: CRMLS #NP24199197 Report a problem | ||
| 10/31/2024 | Contingent | $4,395,000$1,582/sqft |
Source: CRMLS #NP24199197 Report a problem | ||
| 9/26/2024 | Listed for sale | $4,395,000+506.2%$1,582/sqft |
Source: CRMLS #NP24199197 Report a problem | ||
| 3/19/1998 | Sold | $725,000$261/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $4,482,900 +2% |
| 2025 | $49,312 +15.7% | $4,395,000 +17.3% |
| 2024 | $42,614 +2.5% | $3,745,440 +2% |
| 2023 | $41,589 +179.1% | $3,672,000 +167.2% |
| 2022 | $14,901 +2% | $1,374,231 +2% |
| 2021 | $14,616 +1% | $1,347,286 +1% |
| 2020 | $14,475 | $1,333,472 +2% |
| 2019 | $14,475 +2.1% | $1,307,326 +2% |
| 2018 | $14,180 +3.9% | $1,281,693 +2% |
| 2017 | $13,651 | $1,256,562 +2% |
| 2016 | $13,651 +2.3% | $1,231,924 +1.5% |
| 2015 | $13,346 +3.4% | $1,213,420 +2% |
| 2014 | $12,905 | $1,189,651 +0.5% |
| 2013 | -- | $1,184,275 +2% |
| 2012 | -- | $1,161,054 +2% |
| 2011 | -- | $1,138,289 +0.8% |
| 2010 | -- | $1,129,782 -0.2% |
| 2009 | -- | $1,132,467 +26.1% |
| 2008 | -- | $898,169 +5.4% |
| 2007 | -- | $852,142 +2% |
| 2006 | -- | $835,434 +2% |
| 2005 | -- | $819,053 +2% |
| 2004 | -- | $802,994 +1.9% |
| 2003 | -- | $788,277 +2% |
| 2002 | -- | $772,821 +2% |
| 2001 | $7,818 +2.6% | $757,668 +2% |
| 2000 | $7,621 | $742,812 |
Find assessor info on the county website
Neighborhood: 92662
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Nearby schools
GreatSchools rating
- 9/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 1.9 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.2 mi
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Estimated market value
$5,292,100
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Estimated market value
$5,292,100
- California
- Orange County
- Newport Beach
- 92662
- 123 Sapphire Ave
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