Newport Beach, CA 92662,118 Sapphire AVE
Newport Beach, CA 92662,118 Sapphire AVE,Video Tour
Newport Beach, CA 92662,118 Sapphire AVE
48
$5,495,000
$5,495,000
Est.Price: ?

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3 BD
4 BA
2,321 SqFt

118 Sapphire AVE Newport Beach, CA 92662

Est. payment /mo
SOLD DATE : 08/15/2023

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Key Details

Sold Price $5,495,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,321 sqft

Price per Sqft $2,367

Subdivision Balboa Island - Main Island (Balm)

MLS Listing ID NP23136147

Sold Date 08/15/23

Bedrooms 3

Full Baths 3

Half Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2009

Lot Size 2,548 Sqft

Property Description

Introducing a captivating Balboa Island beach home, expertly designed by the esteemed Ian Harrison, ideally located on the premier 100 block of the island’s best street. Originally built by Greg Clarke Construction in 2009, this residence underwent a meticulous refresh in 2023, elevating it to an exceptional standard of perfection. Featuring 3 bedrooms and 3 ½ bathrooms, this home effortlessly combines indoor and outdoor living. The main floor presents an inviting space, with sliding doors opening to an elevated front patio and corner folding glass doors unveiling a side courtyard, providing ample room for gatherings. The gourmet kitchen, with its butler’s pantry, seamlessly connects to the great room. The temperature-controlled walk-in wine cellar is perfect for wine enthusiasts. Throughout, newly refinished bleached white oak floors exude understated sophistication. The upper level reveals a serene primary suite, offering private bay views from its balcony, a spacious walk-in closet, and a luxurious bathroom with heated floors. Two guest bedrooms, accompanied by two guest bathrooms and a theater room, comfortably accommodate visitors in style.
The crowning jewel is the expansive rooftop deck, a true epitome of Newport Beach living. Enjoy the warmth of the built-in fireplace, indulge in outdoor entertainment with the Sunbrite TV, and relish in the convenience of a well-placed kitchenette and bar. From this vantage point, savor breathtaking bay views, from the morning sunrises to the captivating sunsets. For added convenience, a private office and improved bonus attic area complete the third level. The home incorporates modern amenities, such as hardwired motorized privacy and blackout shades, a seamless Control4 home automation system, Lutron lighting control, integrated speakers, central vacuum, water filtration, and a modern security alarm. Additionally, the property is primed for future needs, allowing for installation of an elevator if desired. Nestled in a prime location, this home grants effortless access to the bay and the vibrant offerings of Balboa Island. Embrace the charm of Marine Avenue, with its boutique shopping, dining, and social scene. The Balboa Island Ferry's close proximity ensures easy beach access, making this locale both accessible and enviable. This exceptional beach home, characterized by refined elegance and thoughtful design, awaits those seeking coastal luxury and a relaxed, yet sophisticated lifestyle.

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Interior

Interior Features Balcony, All Bedrooms Up, Instant Hot Water, Loft, Primary Suite, Walk-In Pantry, Wine Cellar

Heating Central

Cooling Central Air

Flooring Carpet, Stone, Wood

Fireplaces Type Living Room, Outside

Fireplace Yes

Appliance Hot Water Circulator, Water Softener, Tankless Water Heater, Water Purifier

Laundry Laundry Room

Exterior

Exterior Feature Awning(s), Lighting, Rain Gutters

Garage Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Vinyl

Pool None

Community Features Street Lights, Sidewalks, Water Sports

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Bay

Roof Type Slate

Porch Deck, Front Porch, Patio, Rooftop

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description Rectangular Lot

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Cape Cod

Level or Stories Three Or More

New Construction No

Construction Status Updated/Remodeled

Schools

Middle Schools Corona Del Mar

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05011105

Security Features Security System,Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Corey Gulbranson • Shorecrest Real Estate, Inc
Bought with Georgie Fenton • Coldwell Banker Realty

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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