118 Emerald, Newport Beach, CA 92662
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
118 Emerald,Newport Beach, CA 92662
$3,499,000
- 5 Beds
- 3 Baths
- 1,893 sq. ft.
- Townhouse
- Active
Listed by: lucas kinney
Office: balboa island estates
MLS#:PW26082073
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,499,000
- Price per sq. ft.:$1,848.39
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 islands most desirable and tightly held locationsless 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 fenceideal 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 private 2-car garage, vaulted spatial flow, and functional separation for guests, tenants, or extended family. Both units are move-in ready, allowing for immediate occupancy or rental income. Alternatively, this property presents a compelling opportunity to design and build a custom luxury residence in an A+ location with enduring value....
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Home facts
- Year built:1940
- Subdivision & Development:Balboa Island - Main Island (BAL
- Listing ID #:PW26082073
- Added:104 day(s) ago
- Updated:August 06, 2026 at 01:57 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Linoleum/Vinyl
- Kitchen Description:Gas Oven, Gas Range
- Living area:1,893 sq. ft.
Heating and cooling
- Cooling:Wall/Window
- Heating:Wall/Gravity
Structure and exterior
- Roof:Composition
- Year built:1940
- Building area:1,893 sq. ft.
- Architectural Style:Cottage
- Construction Materials:Wood
- Exterior Features:Patio
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,499,000
- Price per sq. ft.:$1,848.39
Features and amenities
- Appliances:Gas Oven, Gas Range
Parking
- Total parking spaces:2
- Parking description:Garage - Two Door
- Garage spaces:2
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