118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
118 Emerald, Newport Beach, CA 92662
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
ANGELINA NGUYEN

ANGELINA NGUYEN

+1(408) 952-9437
Listed by Lucas Kinney, DRE #01946207 • Balboa Island Estates
$ 3,799,000
Est. payment | /mo

5 Beds

3 Baths

1,893 SqFt

Save
$ 3,799,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,893 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,893 sqft

Price per Sqft $2,006

MLS Listing ID CRPW26082073

Style Cottage

Bedrooms 5

Full Baths 3

Year Built 1940

Lot Size 2,614 Sqft

Property Sub-Type Duplex

Source California Regional MLS

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

Location

State CA

County Orange

Area N9 - Lower Newport Bay - Balboa Island

Rooms

Kitchen Oven Range - Gas, Oven - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Fireplaces Type Living Room

Laundry In Garage, Other

Exterior

Parking Features Attached Garage, Garage

Garage Spaces 2.0

Fence Other, Wood

Pool 31, None

View None

Roof Type Composition

Building

Water District - Public

Architectural Style Cottage

Others

Tax ID 05004102

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

Schools and Properties Nearby

ANGELINA NGUYEN

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(408) 952-9437

angelinannhan@gmail.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of ANGELINA NGUYEN, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

118 Emerald