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Sold

121 Emerald Avenue 3 sold on December 31, 2024 for $850,000, 5.5% below the $899,000 asking price after 20 days on the market. The details are below for reference.

ResidentialSold · Dec 31, 2024

121 Emerald Avenue 3, Newport Beach, CA 92662

  • 4 beds
  • 5 baths
  • 2,380 sq ft
  • Built 1952

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$850,000

MLS# 24467607

The home

About 121 Emerald Avenue 3

New Co-Ownership Opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. The best of Newport Beach living is at your doorstep in this 4-bedroom, 5-bathroom home on Balboa Island's quiet west side. Glass walls in this contemporary Cape Cod open up the first-floor great room to the front patio, perfect for watching passersby a favorite pastime on this friendly island.This home is made for entertaining, thanks to an open-plan main floor with a fireplace, dining area and a gourmet kitchen that opens to a spacious patio with a built-in barbecue. But it's the third-floor rooftop that takes entertaining to new heights. It includes a covered outdoor kitchen and dining area, and an open patio that features a jacuzzi, fire pit and panoramic views of the bay, island and sunset.Take the stairs or the custom artisan glass elevator to four bedrooms on the second floor. The spacious primary has sliding doors to a private balcony and luxurious en suite bathroom with soaking tub. The home comes fully furnished and professionally decorated.

Property details for 121 Emerald Avenue 3

This 4-bedroom, 5-bath home sits in Newport Beach in Orange County. It has 2,380 square feet of living space. The home was built in 1952. The MLS record lists the assessor parcel number as 050-011-21. Highlights include ocean and Catalina views, a private spa, a fireplace, a two-car garage, central air, and an updated home.

Specifications

Home Details

General Features

MLS Number
24467607
Year Built
1952
Living Area (sq ft)
2,380
Living Area Source
Other
Lot Size (sq ft)
2,550
Lot Size (acres)
0.0585
Levels
Multi Split
Bedrooms
4
Full Baths
4
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Catalina, Harbor, Ocean, Water
Parcel Number
05001121
On Market Date
2024-11-27
Listing Terms
Standard

Interior Features

Interior Features
Elevator, Open Floorplan, Walk In Closets
Appliances
Barbecue, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Water Purifier, Dryer, Washer
Flooring
Wood
Heating
Natural Gas, Zoned
Cooling
Central Air, Dual
Fireplace
Gas, Outside
Laundry
Inside
Common Walls
No Common Walls
Furnished
Furnished

Exterior Features

Architectural Style
Cape Cod
Exterior Features
Fire Pit
Patio and Porch
Covered, Deck, Rooftop
Parking
Door Multi, Garage
Pool Features
None
Spa
Above Ground, Private
Condition
Updated Remodeled

The record

Property History for 121 Emerald Avenue 3

DateEventPriceNote
Dec 31, 2024 Sold $850,000
Dec 17, 2024 Status changed to Pending From Active
Nov 27, 2024 Listed for sale $899,000

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 121 Emerald Avenue 3

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard and noise zones

Flood zone

Zone AO, inside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0382K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Airport noise

Outside John Wayne Airport's 60 dB CNEL noise contour, 0.9 miles from it.

Airport Land Use Commission for Orange County, Airport Environs Land Use Plan noise contours. Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 5,000 Mbps, at 16 of 16 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 16 of 16. DSL: AT&T, up to 10 Mbps, at 1 of 16.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630062007, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.8 miles away (Tesla Destination, 2 Level 2 ports). 160 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

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Listed by Joseph Maehler of Pacaso Inc.

Listing information updated Jan 21, 2025 at 1:09 PM PT. Source: CRMLS.

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