118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
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Mary Ellen Haywood

Mary Ellen Haywood

+1(619) 994-5515
$3,799,000
Est. payment /mo
5 Beds
3 Baths
1,893 SqFt
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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,893 sqft

Price per Sqft $2,006

Subdivision Balboa Island - Main Island (Bal

MLS Listing ID PW26082073

Style Cottage

Bedrooms 5

Full Baths 3

Year Built 1940

Lot Size 2,614 Sqft

Property Sub-Type Townhome

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 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.

Location

State CA

County Orange

Direction main cross streets are park and emerald

Interior

Heating Wall/Gravity

Cooling Wall/Window

Flooring Linoleum/Vinyl

Fireplaces Type FP in Living Room

Fireplace No

Appliance Gas Oven, Gas Range

Exterior

Parking Features Garage - Two Door

Garage Spaces 2.0

Fence Vinyl, Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Composition

Accessibility None

Porch Patio

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 05004102

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Lucas Kinney, DRE#01946207 Balboa Island Estates 

NEARBY SCHOOLS & PROPERTIES

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Mary Ellen Haywood

Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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118 Emerald