$5,495,000
$5,495,000
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118 Sapphire AVE Newport Beach, CA 92662
3 Beds
4 Baths
2,548 Sqft Lot
Key Details
Sold Price $5,495,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
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
Rooms
Ensuite Laundry Laundry Room
Interior
Interior Features Balcony, All Bedrooms Up, Instant Hot Water, Loft, Primary Suite, Walk-In Pantry, Wine Cellar
Laundry Location Laundry Room
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
Parking Type Garage Faces Rear
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
Lease Land No
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Bought with Georgie Fenton • Coldwell Banker Realty