Date
Details
Price
Change
Source
4/23/2026
Listed
$3,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$3,799,000 Just Listed
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- Open House: 1:00 PM - 4:00 PM
Sunday 5/3 1:00 PM - 4:00 PM
118 Emerald,Newport Beach, CA 92662118 EmeraldNewport BeachCA92662
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1/27
Property Description
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.
Full Property Details
Full Property Details for 118 Emerald
General
- Price: $3,799,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: PW26082073
- Updated: 4/28/2026
- Days on Market: 6 days
- Added to Site: 6 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, All Bedrooms Up
- Interior Features: Wood Product Walls
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Gas Range, Gas Oven
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Faces Rear, Garage (Two Doors)
Location
- County: Orange
- Subdivision: Balboa Island - Main Island (BALM)
- Driving Directions: main cross streets are park and emerald
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Sidewalks, Suburban
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage
- Structure Type: Duplex
- Construction: Wood Siding
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Double-Pane Windows, Blinds
- Disability Access: None
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,893
- Sq. Ft. Source: Appraiser
- Year Built: 1940
- Year Built Source: Estimated
Lot Features
- Property View: None
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): Vinyl, Wood
Financial Considerations
- Price Per Sq. Ft.: $2,006.87
Disclosures and Reports
- Special Conditions: Standard
Listed by Balboa Island Estates, Lucas Kinney
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 118 Emerald —
Lucas Kinney
Balboa Island Estates
lucasandrewkinney@gmail.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 118 Emerald
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Newport Beach, CA 3101 Pacific View Dr., Newport Beach, CA 92625 | K-6 | 2.2 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Emerald
Tax History
Tax History for 118 Emerald
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,343
1%
$476,875
2%
2024
$7,240
2%
$467,525
2%
2023
$7,098
2%
$458,358
2%
2022
$6,990
1%
$449,371
2%
2021
$6,892
35%
$440,560
1%
2020
$5,092
2%
$436,043
2%
2019
$4,995
2%
$427,494
2%
2018
$4,899
2%
$419,112
2%
2017
$4,815
2%
$410,895
2%
2016
$4,711
1%
$402,839
-74%
2015
$4,664
-71%
$1,536,916
2%
2014
$16,307
260%
$1,506,810
289%
2013
$4,525
—
$387,258
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Emerald
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- Duplex
- Active
- Updated 21 hours ago
- 5Beds
- 5Total Baths
- 2,363Sq. Ft.
- Duplex
- Active
- 6Beds
- 4Total Baths
- 2,784Sq. Ft.
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- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 4Total Baths
- 2,793Sq. Ft.
Listed by Garrett Weston (CalRE#: 01385026) (714) 425-6904 and Richie Mikesell (CalRE#: 02194807) (949) 919-1852
- Multi-Family
- Active
- Updated 2 days ago
Listed by Devin Lucas (CalRE#: 01912302) (949) 478-1135 and Courtney Lucas (CalRE#: 02015514) (949) 478-1538
- Condo
- Active
- Updated 6 hours ago
- 2Beds
- 2Total Baths
- 1,044Sq. Ft.
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- Mobile Home
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 640Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 3Beds
- 4Total Baths
- 2,303Sq. Ft.
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118 Emerald, Newport Beach, CA 92662 (MLS# PW26082073) is a Duplex property with 5 bedrooms, 1 full bathroom and 2 partial bathrooms. 118 Emerald is currently listed for $3,799,000 and was received on April 23, 2026. Want to learn more about 118 Emerald? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.