
Newport Beach, California 92662
This Custom Balboa Island Residence is a premium lifestyle property listed at $6,395,000, positioned slightly above the $5,821,300 Fair Market Value. While priced at a premium, the home offers an Excellent Condition Rating and a sophisticated design featuring a chef’s kitchen, temperature-controlled wine cellar, and an expansive rooftop deck with Bay and City Light views. With dedicated space for a future elevator, this home provides long-term flexibility. It is an ideal sanctuary for discerning luxury buyers or sophisticated owner-occupants seeking a turnkey coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 118 Sapphire Subject 3 bd · 4 ba · 2,321 sqft · $2,477 | $6,395,000* List Price | 3 | 4 | 2,321 | $2,477 | - |
A 225 Diamond Sold 4 bd · 5 ba · 2,312 sqft · $3,281 · 0.1 mi | $7,585,000 | 4 | 5 | 2,312 | $3,281 | 0.1 mi |
B 206 Apolena Avenue Sold 3 bd · 5 ba · 2,333 sqft · $2,700 · 0.1 mi | $6,300,000 | 3 | 5 | 2,333 | $2,700 | 0.1 mi |
C 204 Pearl Avenue Sold 3 bd · 4 ba · 2,428 sqft · $2,409 · 0.3 mi | $5,850,000 | 3 | 4 | 2,428 | $2,409 | 0.3 mi |
D 303 Ruby Sold 4 bd · 5 ba · 2,478 sqft · $2,381 · 0.2 mi | $5,900,000 | 4 | 5 | 2,478 | $2,381 | 0.2 mi |
E 214 Abalone Avenue Sold 4 bd · 5 ba · 2,760 sqft · $1,993 · 0.3 mi | $5,500,000 | 4 | 5 | 2,760 | $1,993 | 0.3 mi |
F 221 Abalone Sold 4 bd · 5 ba · 2,972 sqft · $2,017 · 0.3 mi | $5,995,000 | 4 | 5 | 2,972 | $2,017 | 0.3 mi |
G 119 Opal Active 3 bd · 3 ba · 2,354 sqft · $2,463 · 0.2 mi | $5,799,000 List Price | 3 | 3 | 2,354 | $2,463 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, the property is approximately 17 years old, placing it in the 'Good' category. It is exceptionally well-maintained and move-in ready, featuring a high-end chef's kitchen, modern bathrooms, a temperature-controlled wine cellar, and central HVAC systems that remain fully functional and stylish.
Situated in the coveted 100 block of Sapphire on Balboa Island, this home offers rare Bay and city light views from multiple vantage points, including the front patio, primary suite, and rooftop deck.
The residence features exceptional entertaining spaces, including a private interior courtyard accessed via bifold doors and an expansive third-level rooftop deck equipped with a fireplace and wet bar.
Built in 2009, the home includes high-end custom features such as a temperature-controlled walk-in wine cellar, a chef's kitchen, and dedicated space for a future elevator servicing all three levels.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2321, other record living area = 2535.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2550, living area = 2321.
At a list price of $6,395,000 for 2,321 square feet, the property is positioned at a significant premium, which may limit the pool of qualified buyers.
Spectacular custom home in the highly desirable 100 block of Sapphire, offering an incredible combination of indoor/outdoor living, Bay views, and generous entertaining spaces across three levels. An elevated front patio with views toward the Bay opens to an expansive great room with fireplace and beautiful built-in shelving, dining area, and a stunning chef’s kitchen with large island, bar seating, and abundant storage. Bifold doors open to a private interior courtyard, creating an additional outdoor entertaining space directly off the main level. Also on the first floor are a dedicated laundry room, powder bath, and temperature-controlled walk-in wine cellar. The second level is highlighted by a spacious primary suite with high ceilings, a private balcony with Bay views, generous closet space, and a large primary bath, along with two guest bedrooms, an additional bath, a covered outdoor deck, and a large den offering flexible space for a media room, family room, or additional lounge. The third level features a loft/den, oversized storage area, and an expansive rooftop deck with fireplace, sink, entertaining areas, and beautiful views toward the Bay. The home was thoughtfully designed with dedicated space for the future installation of an elevator servicing all three levels, providing the opportunity to add elevator access without sacrificing existing living space. Additional features include central air conditioning, a two-car garage, outdoor shower, and more. This is a rare opportunity to own an outstanding custom home with exceptional indoor/outdoor spaces, tremendous flexibility, and Bay views in one of the most sought-after locations in the 100 block of Balboa Island.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 3.5 |
| Square foot | 2,321 | 2,652.074 |
| Lot Size | 2,550 | 6,056.485 |
| Price | $6.39M | $4.19M |
| Price per sq ft | $2.8K | $1.6K |
| Built year | 2009 | 1972 |
| HOA | $0 | $463 |
| Days on market | 47 | 70 |
Sep 8, 2026
$6,395,000
Initial Listing
Aug 15, 2023
$5,495,000
Public Record
Jan 22, 2018
$3,800,000
Public Record
Oct 17, 2013
$3,200,000
Public Record
Jul 17, 2006
$2,050,000
Public Record