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123 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $4,395,000
Sep 26, 20242,778 sqft4 beds5 baths
Listed by: Ryan Gunderson
License #: 01869795
Phone #: 949-873-3841
Arbor Real Estate
Source:
CRMLS Logo
MLS #: NP24199197

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$60,387

TurboHome Estimated Value

$4,210,400

$1,516 sqft

High Valuation
$4,420,920
$1591/sqft
Normal Valuation
$4,210,400
$1516/sqft
Low Valuation
$3,999,880
$1440/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1516/sqft$4,210,400

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$3.45M

$4.39M

$5.15M

$5.60M

110 Coral Ave, Newport Beach, CA 92662

Sale Price: $3,447,500

Selected Comparable

123 Sapphire Ave, Newport Beach, CA 92662

List Price: $4,395,000

Subject Property

123 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $4,395,000

Selected Comparable

222 Ruby Ave, Newport Beach, CA 92662

Sale Price: $4,400,000

Selected Comparable

129 Topaz Ave, Newport Beach, CA 92662

Sale Price: $5,150,000

Selected Comparable

208 Collins Ave, Newport Beach, CA 92662

Sale Price: $5,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
123 Sapphire Ave, Newport Beach, CA 92662

123 Sapphire Ave, Newport Beach, CA 92662

List: $4,395,000

Listed: 9/26/2024

Area:2,778 sqft
Price/sqft:$1,582
Beds:4
Baths:5
Year Built:
Lot Size:2,550

Comparable Properties

COMPARABLE
Choose comps
123 Sapphire Ave, Newport Beach, CA 92662

123 Sapphire Ave, Newport Beach, CA 92662

Sale: $4,395,000

11/22/20240.00 mi

Area:2,778 sqft
Price/sqft:$1,582
Beds:4
Baths:5
Year Built:
Weight:23.7%
110 Coral Ave, Newport Beach, CA 92662

110 Coral Ave, Newport Beach, CA 92662

Sale: $3,447,500

10/21/20240.07 mi

Area:2,509 sqft
Price/sqft:$1,374
Beds:4
Baths:5
Year Built:
Weight:21.6%
222 Ruby Ave, Newport Beach, CA 92662

222 Ruby Ave, Newport Beach, CA 92662

Sale: $4,400,000

8/5/20250.11 mi

Area:2,794 sqft
Price/sqft:$1,575
Beds:5
Baths:4
Year Built:
Weight:19.4%
208 Collins Ave, Newport Beach, CA 92662

208 Collins Ave, Newport Beach, CA 92662

Sale: $5,600,000

2/18/20250.11 mi

Area:2,393 sqft
Price/sqft:$2,340
Beds:3
Baths:5
Year Built:
Weight:17.8%
129 Topaz Ave, Newport Beach, CA 92662

129 Topaz Ave, Newport Beach, CA 92662

Sale: $5,150,000

9/24/20240.18 mi

Area:2,544 sqft
Price/sqft:$2,024
Beds:3
Baths:5
Year Built:
Weight:17.6%

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