Active

118 Emerald

Newport Beach, CA 92662
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Bed 5

Bed

Bath 1

Bath

SqFt1,893

Sqft

SqFt2,614

Sqft(Lot)

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 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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Detail Ic Property Details

Property Type : Residential

Price : $3,649,000

AD Id : 77729834

MLS Id : PW26082073

Beds : 5

Lot Size : 2,614 Sqft

Living Area Size : 1,893

Year Built : 1940

Garage : 2

County : Orange

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 1

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Composition Exterior Property Features: Awning(s) Interior Features: Wood Product Walls,All Bedrooms Up,All Bedrooms Down Windows: Blinds,Double Pane Windows Property Appliances: Gas Oven,Gas Range Fireplace: Living Room Flooring: Vinyl
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: Living Room Has Fireplace: 1

  • Building Information

    Year Built: 1940 Construction: Wood Siding Roof: Composition
  • Exterior Features

    Awning(s)
  • Accessibility Features

    None

    Pool Features

    None

    Laundry Features

    Inside,In Garage

    Patio And Porch

    Patio

    Fencing

    Vinyl,Wood

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.06
  • Lot Size Source: Assessor Lot Size Square Feet: 2614

  • Listing Price Information

    Original List Price: 3,649,000 Listing Contract Date: 2026-04-21
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 05004102

  • Garage and Parking

    Garage Description: Door-Multi,Garage,Garage Faces Rear Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: N9 - Lower Newport Bay - Balboa Island Directions: main cross streets are park and emerald Source Property Type: Residential Area: N9 - Lower Newport Bay - Balboa Island Property SubType: Duplex
  • Building and Construction

    Property Age: 86 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Estimated Total Square Feet Living: 1893 Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2 Structure Type: Duplex
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ByOwner last updated this listing 06/12/2026 @ 22:36

MLS: PW26082073 LISTED BY: Lucas Kinney, Balboa Island Estates 949-205-6382 SOURCE: CRMLS

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