Extensively updated duplex on a wonderful corner lot in the highly desirable community of Balboa Island. The front home is freshly remodeled and features a spacious floor plan flowing from the open chef's kitchen to the dining room, living areas with fireplace, bathroom, and outdoor spaces. Finishes of elegant bamboo flooring, stone, contemporary white cabinetry, stainless appliances, and slab counters, are found throughout. The upper level features vaulted ceilings, 3 bedrooms and 2 baths in a neutral palate. A charming upper level 1 bedroom 1 bath unit with open kitchen, vaulted ceilings, fireplace, loft area, and patio, is accessible from a separate entrance. Newly painted clapboard siding, Dutch doors and convenient 3 car garage parking complete the exterior. An enclosed upper corridor could be opened for a combined approximate 2,850 square feet between the two units. Sapphire presents numerous opportunities ranging from an income property, short-term vacation rentals, owner occupied front house with an income producing back unit, or an easily combined single family dwelling. Adjacent to all that Balboa Island has to offer, Fashion Island and Newport's finest beaches.