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122 Agate AVENewport Beach, CA 92662

For Sale

$3,195,000

Smart Buyer Rebate $31,950

Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or professional uses, and may also be leased as two separate commercial spaces. Behind this space are two large office/workshop areas, a half bathroom, and laundry facilities. The upstairs unit is bright and spacious, with three bedrooms, two baths, and an abundance of built-in storage. Completing the upper level is a huge, inviting, partially covered deck, perfect for daily living, dining, and entertaining. This unit is currently leased as a residence with long-term tenants. In the rear of the property is a two-car garage, plus open spaces for one or two additional vehicles. 122 Agate is a rare and exciting offering, perfect for a homeowner, entrepreneur, or investor!

Listed by Donald Abrams

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License #01234323

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Abrams Coastal Properties

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714-325-9055

Last updated July 25, 2026

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Source: CRMLS #NP26160842

Listing Facts

  • TypeSingle-family
  • NeighborhoodBalboa Island
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu9
  • Size3,026 sqft
  • Price per sqft$1,056

Amenities

  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/23/2026
Listed by Abrams Coastal Properties
$3,195,000

Property Details for 122 Agate AVE

Association

Amenities

  • Community Features: Curbs, Fishing, Park, Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Mixed Use
  • Year Built: 1937
  • Architectural Style: Traditional
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Balcony

Features

  • Road Frontage Type: City Street
  • View: Bay

Measurements

  • Lot Size Acres: 0.05
  • Lot Size Area: 2,550
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2,550
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 05005225

Interior

Features

  • Fireplace Features: Outside
  • Fireplace: Yes
  • Flooring: Laminate

Measurements

  • Living Area: 3,026
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 2
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Main Level Bathrooms: 1

Other

Features

  • Accessibility Features: Safe Emergency Egress From Home

Location

  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Tax Block: 9
  • Tax Lot: 26

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 2
  • Parking Features: Attached
  • Parking Total: 4

Schools

High School

  • High School District: Newport Mesa Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 122 Agate AVE.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 122 Agate AVE.

How does 122 Agate AVE compare to other single-family homes in Balboa Island?

This single-family home is listed 50% below the average price for single-family homes in Balboa Island and has been on the market for 88 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,026 sqft.

122 Agate AVE is a 3-bedroom, 2-bath single-family home for sale in Newport Beach CA 92662. On Prevu for 9 days at $3,195,000. This property features 3,026 square feet of living space, located in Balboa Island. The median listing price for single-family homes in this area is $4,222,500. The home offers air conditioning, parking, and swimming pool. Browse more single-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.