221 Sapphire Ave, Newport Beach, CA 92662
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221 Sapphire Ave Newport Beach, CA 92662

$1,975,000 Sold Price as of 03/02/2021
  • 4 Beds
  • 4 Baths
  • 2,336 Sq.Ft.
Sold
$1,975,000 Sold Price as of 03/02/2021 Refinance Your Mortgage

Map preview of 221 Sapphire Ave, Newport Beach, CA 92662

Property Overview: 221 Sapphire Ave Newport Beach, CA has 4 bedrooms, 4 bathrooms, 2,336 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charm and Comfort best describes this well-appointed home along with an opportunity for income. Come and enjoy the" Island Lifestyle" on this highly sought after 200 block of Sapphire Ave, best known for being wide as well as quiet and where the neighbors offer you a real sense of community. The home offers a spacious front patio paved in Flagstone and is perfect for entertaining. The open floor plan is filled with abundant light from skylights above and the sliding glass doors off the dining room. Lush Travertine floors and recessed lighting throughout the home. The family room has a wood-burning fireplace and expansive French windows and solid wood shutters. A true chefs kitchen featuring a stainless steel 6 burner gas stove, industrial hood, and double oven, new built-in SS fridge, SS dishwasher and a large island for additional seating or entertaining with granite counters. The upstairs offers 3 bedrooms and an additional 2 bathrooms. The Master suite is spacious and warm with a crackling fireplace, French windows, and wood shutters. The Master bath offers a jetted tub, tumbled stone walk-in shower, counters and dual SS sinks. The 2nd bathroom has tumbled stone counters and a spacious walk-in shower. The front unit is owner-occupied The attached rear unit offers additional income opportunities. Offering high beam ceilings, French sliding door, dutch door entry, tiled kitchen & bathroom (474 sq.ft.)

Listed by ROSANNE MANISCALCHI | BRE #01429726 | COMPASS
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 240

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1945
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
CV20073986
City
Newport Beach
County
Orange
Time on Site
1415 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $18,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,000
  • Net Operating Income: $24,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 221 Sapphire Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage, Inside
Fireplace Information
  • Has Fireplace
  • Family Room, Master Bedroom
Room Information
  • Flooring: Stone
  • Family Room, Kitchen, Main Floor Bedroom, Master Bathroom, Master Suite, See Remarks
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Freezer, Gas Cooktop, Range Hood, Refrigerator
Interior Features
  • Beamed Ceilings, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Stone Counters, Tile Counters
  • Levels: Two
  • Window Features: Shutters, Stained Glass, Wood Frames
  • Door Features: French Doors, Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Brick, Stone
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Parking Features: Garage, Street
Lot Information
  • Lot Features: Level with Street, Paved, Sprinkler System, Sprinklers In Front, Walkstreet
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 05009326
  • Year Built Source: Public Records
  • Architectural Style: Mediterranean
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Between Park & Balboa Ave
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks
View more facts & features

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Sale History for 221 Sapphire Ave

Last sold for $1,975,000 on March 2nd, 2021
  • May, 2023

  • May 1, 2023

    Date

    Expired

    CRMLS: NP23014120

    $5,695,000

    Price

  • Feb 3, 2023

    Date

    Active

    CRMLS: NP23014120

    $5,695,000

    Price

  • Listing provided courtesy of CRMLS

    Balboa Island welcomes a new, stunning custom home from Sailhouse, with high-end finishes throughout, and a perfect central location on the island. Brand new construction to be completed in Spring 2023, this modern masterpiece presents opulent materials and an excellent floor plan that allows for seamless indoor/outdoor living. Showcasing an exquisite custom design throughout the home, the interior beautifully balances Moroccan tiling, stained white oak flooring, honed calacatta marble surfaces, gorgeous light fixtures, and timeless brass finishes. The kitchen is a chef’s dream, featuring marble counters, oak cabinetry, a separate butler’s pantry, and premier stainless-steel appliances including a Wolf range and Sub-Zero refrigerator. A separate bar area is sure to impress with its caracas blue stone flooring, blackened white oak cabinetry, marble counter with countertop lights, and Sub-Zero wine refrigerator. 4 bedrooms and 4.5 bathrooms provide ample space to enjoy the entire residence comfortably, while the two-car garage and carport provide generous space for parking and additional storage. The home also offers exceptional outdoor spaces perfect for entertaining and relaxing, including the third-floor rooftop deck accessible by elevator, allowing you to enjoy beautiful weather year-round, just one block from the bay front. With close proximity to picturesque beaches, sailing, surfing, shopping, dining, great schools, and championship golf courses, this is truly a rare opportunity to own the ultimate dream home and enjoy every element of coastal luxury.

  • December, 2022

  • Dec 28, 2022

    Date

    Expired

    CRMLS: NP22181867

    $5,695,000

    Price

  • Sep 30, 2022

    Date

    Active

    CRMLS: NP22181867

    $5,695,000

    Price

  • Listing provided courtesy of CRMLS

    Balboa Island welcomes a new, stunning custom home from Sailhouse, with high-end finishes throughout, and a perfect central location on the island. Brand new construction to be completed in early 2023, this modern masterpiece presents opulent materials and an excellent floor plan that allows for seamless indoor/outdoor living. Showcasing an exquisite custom design throughout the home, the interior beautifully balances Moroccan tiling, stained white oak flooring, honed calacatta marble surfaces, gorgeous light fixtures, and timeless brass finishes. The kitchen is a chef’s dream, featuring marble counters, oak cabinetry, a separate butler’s pantry, and premier stainless-steel appliances including a Wolf range and Sub-Zero refrigerator. A separate bar area is sure to impress with its caracas blue stone flooring, blackened white oak cabinetry, marble counter with countertop lights, and Sub-Zero wine refrigerator. 4 bedrooms and 4.5 bathrooms provide ample space to enjoy the entire residence comfortably, while the two-car garage and carport provide generous space for parking and additional storage. The home also offers exceptional outdoor spaces perfect for entertaining and relaxing, including the third-floor rooftop deck accessible by elevator, allowing you to enjoy beautiful weather year-round, just one block from the bay front. With close proximity to picturesque beaches, sailing, surfing, shopping, dining, great schools, and championship golf courses, this is truly a rare opportunity to own the ultimate dream home and enjoy every element of coastal luxury.

  • March, 2021

  • Mar 3, 2021

    Date

    Sold

    CRMLS: CV20073986

    $1,975,000

    Price

  • Oct 9, 2020

    Date

    Active Under Contract

    CRMLS: CV20073986

    $2,200,000

    Price

  • Jul 10, 2020

    Date

    Price Change

    CRMLS: CV20073986

    $2,200,000

    Price

  • Apr 15, 2020

    Date

    Active

    CRMLS: CV20073986

    $2,450,000

    Price

  • March, 2021

  • Mar 3, 2021

    Date

    Sold

    CRMLS: CV20031045

    $1,975,000

    Price

  • Oct 2, 2020

    Date

    Active Under Contract

    CRMLS: CV20031045

    $2,200,000

    Price

  • Jul 10, 2020

    Date

    Price Change

    CRMLS: CV20031045

    $2,200,000

    Price

  • Feb 13, 2020

    Date

    Active

    CRMLS: CV20031045

    $2,450,000

    Price

  • Listing provided courtesy of CRMLS

    Charming Balboa Island Home also offers income opportunity Come and enjoy the" Island Lifestyle" on this highly sought after 200 block of Sapphire Ave, best known for being wide as well as quiet and where the neighbors offer you a real sense of community. The home offers a spacious front patio perfect for entertaining. The open floor plan is filled with abundant light from skylights above and the sliding glass doors off the dining room. Lush Travertine floors and recessed lighting throughout the home. The family room has a wood-burning fireplace and expansive French windows and solid wood shutters. A true chefs kitchen featuring a stainless steel 6 burner gas stove, industrial hood, and double oven, new built-in SS fridge, SS dishwasher and a large island for additional seating or entertaining with granite counters. The upstairs offers 3 bedrooms and an additional 2 bathrooms. The spacious Master Suite offers a view, fireplace, French windows, and wood shutters. The Master bath offers a jetted tub, tumbled stone walk-in shower, counters and dual stainless steel sinks. The 2nd bathroom has tumbled stone counters and a spacious walk-in shower. The attached rear unit offers additional income opportunities. Offering high beam ceilings, French sliding door, dutch door entry, tiled kitchen & bathroom (474 sq.ft.)

  • May, 2003

  • May 19, 2003

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

Show More

Tax History for 221 Sapphire Ave

Assessed Value (2020): $1,674,524
Year Land Value Improved Value Assessed Value
2020 $1,607,543 $66,981 $1,674,524

Home Value Compared to the Market

This property vs the competition

221 Sapphire Ave sold on March 2, 2021 for 40.54% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $941.78 per/sqft which puts the price per square foot 30.75% lower than the current median sale per square foot for the city of Newport Beach.

About 221 Sapphire Ave

Detailed summary of property

221 Sapphire Ave is a duplex that recently sold in Newport Beach, CA 92662. This duplex offered 4 bedrooms, 4 bathrooms, roughly 2,336 living square feet, and sits on an approximately 2,614 square foot lot. 221 Sapphire Ave was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,975,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 40.54% lower than the current median priced home. Local homes that are currently for sale include 189 Lower Cliff Dr, 189 Lower Cliff Dr and 357 Mermaid St. While the average home in Newport Beach, CA is selling in 73 days, 221 Sapphire Ave has a days on market of 240 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 221 Sapphire Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 221 Sapphire Ave

Public county record property details
Beds
1
Baths
1
Year built
1925
Sq. Ft.
483
Lot Size
2,697
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
27
APN
050-093-26

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Related Resources to 221 Sapphire Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.