118 Emerald, Newport Beach, CA 92662

Newport Beach
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
118 Emerald,Newport Beach, CA 92662
$3,799,000
  • 5 Beds
  • 3 Baths
  • 1,893 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Apr 26
    01:00 pm - 04:00 pm
Listed by: lucas kinney
Office: balboa island estates
MLS#:PW26082073
Source:CAREIL

Price summary

  • Price:$3,799,000
  • Price per sq. ft.:$2,006.87

About this home

Situated on the highly sought-after “Quiet End” of Balboa Island, 118 Emerald Avenue represents a truly rare opportunity to own in one of the island’s most desirable and tightly held locations—less than one block from the harbor and south bayfront. This is one the last remaining original beach cottage on the 100 Block of Emerald, offering a unique blend of classic coastal charm, immediate usability, and long-term upside potential. Properties of this caliber and positioning seldom come to market. Currently configured as a duplex with two active short-term rental permits, the property provides exceptional flexibility for both personal enjoyment and income generation. The front unit is a charming single-story 2-bedroom, 1-bath coastal cottage, featuring a spacious front patio framed by a white picket fence—ideal for relaxing, entertaining, and enjoying the quintessential Balboa Island lifestyle. The rear unit offers a 3-bedroom, 2-bath split-level layout, complemented by a...

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Home facts

  • Year built:1940
  • Listing ID #:PW26082073
  • Added:1 day(s) ago
  • Updated:April 25, 2026 at 02:44 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Bedroom Description:Ground Floor Bedroom
  • Living area:1,893 sq. ft.

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1940
  • Building area:1,893 sq. ft.
  • Lot area:0.06 Acres
  • Lot Features:Mid Block
  • Architectural Style:Cottage
  • Exterior Features:Patio

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$3,799,000
  • Price per sq. ft.:$2,006.87

Features and amenities

  • Laundry features:In Garage
  • Amenities:Double Pane Window(s), Window Covering(s)

Parking

  • Parking description:Attached, Garage
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