0.jpg
1 / 42

118 Sapphire, Newport Beach, CA 92662

$6.39M3bd · 4ba · 2,321 sqft
Lot 2,550 sqft•Single Family Residence•
Active
•36d on market•MLS# NP-26196169

Property Description

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.

Features & Amenities

FeeBuilt 2009

Property Details

Land Type
Fee
Year Built
2009
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Bay, City Lights
City
Newport Beach
Zip Code
92662
County
Orange
Listed byArbor Real Estate, Ryan Gunderson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$32,336.60
Principal & Interest
Loan Amount
$5,116,000
Total Interest
$6,525,176
Total Payment Over 30 Years
$11,641,176
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

118 Sapphire, Newport Beach, CA 92662

Newport Beach · Single Family Residence

$6.39M
Luxury Tier
Beds
3
Baths
4
Sqft
2,321
Lot
2,550 sqft
Year
2009
$/Sqft
$2755
Pool: No✓
View: city✓
Garage: 2-car✓

Listed 45.3% above the median closed sale of $4,400,000. Price per sqft ($2,755) is a 30% premium to closed comps ($2,123). Expect a longer timeline — comps averaged 139 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $6.39M· $2,755/sqft
Total list price
Closed comps
vs closed median $4.40M
+$2.00M (+45.3%)
Active comps
vs active median $4.50M
+$1.90M (+42.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,206
+$549 (+24.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2712 OceanfrontNewport Beach1988331,9761,875$3,644$7.20M22984
119 OpalNewport Beach2001332,3542,550$2,463$5.80M1580
210 43rd StreetNewport Beach2012452,3632,431$1,904$4.50M1277
324 Prospect StreetNewport Beach1961332,2112,480$1,264$2.79M5875
1706 Ocean BoulevardNewport Beach1961322,3662,625$1,754$4.15M3674
Total: 5 · Average3.23.22,2542,392.2$2,205.8$4.89M70
Median2,354$4.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5512 SeashoreNewport Beach201609/15/2026332,3262,300$4.50M$4.25M$1,8270.9423894
225 DiamondNewport Beach202609/29/2026452,3122,550$7.95M$7.58M$3,2810.955593
111 Via KoronNewport Beach196509/29/2026342,6752,640$5.00M$4.75M$1,7760.9519475
1730 Ocean BoulevardNewport Beach193709/18/2026332,1002,625$4.59M$4.20M$2,0000.9113374
325 Grand CanalNewport Beach196609/28/2026442,5422,614$4.29M$4.40M$1,7311.027674
Total: 5 · Average3.43.82,3912,545.8$5.04M$5.04M$2,123—139.2
Median2,326$4.40M$4.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.