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Sold

118 Agate sold on April 7, 2017 for $2,200,000. The details are below for reference.

Residential IncomeSold · Apr 7, 2017

118 Agate, Newport Beach, CA 92662

  • 2,309 sq ft
  • Built 1978

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$2,200,000

MLS# NP17025075

The home

About 118 Agate

Extremely unique Income producing property in a compelling location on Balboa Island just steps from the Bay. There are 3 units- 1 residential condo and 2 office/retail spaces. Unit #1 is a sophisticated contemporary 3 bedroom 3 bathroom- condo with vaulted ceilings and stunning designer finishes which occupies the top level. Enjoy beach living with peek views of the bay and Balboa Park. Walls of glass flood the spaces with sunlight - highlighting the European tile floors and mirrored sconces. Entertain in your gourmet kitchen with Thermador appliances, farmhouse sink , Sub Zero refrigerator and quartz counters. The bedrooms are generous and the baths spa-like.This unit previously leased yearly for $7,000 month. Your guests can walk the Island or take the Balboa ferry to the beach with it's shops and restaurants. Units 2 & 3 are 2 office/ retail units- 748'- currently doing business by the same tenant and rent for $3,200 month. The property offers ample off street parking with a 5 car covered carport. This property is the epitome of mixed use- It can be a primary or 2nd home with income - a live-work area- or a 31 day minimum vacation rental. No matter which - it is a property worth your consideration! Buyer to verify square footage, zoning and all factors in any decision to purchase.

Property details for 118 Agate

This home sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 2,309 square feet of living space. The home was built in 1978. The MLS record lists the assessor parcel number as 050-052-23. Highlights include peek-a-boo bay views, a fireplace, central air, and an updated home.

Specifications

Home Details

General Features

MLS Number
NP17025075
Year Built
1978
Lot Size (sq ft)
2,614
Levels
Two
Parking Spaces
5
View
Bay, Park Greenbelt, Peek A Boo
Parcel Number
05005223
On Market Date
2017-02-06
Listing Terms
Standard

Interior Features

Interior Features
Built In Features, Balcony, Ceiling Fans, Cathedral Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Up
Cooling
Central Air, See Remarks
Fireplace
Gas, Living Room
Laundry
In Carport
Common Walls
No Common Walls

Exterior Features

Lot Features
Near Park, Walkstreet
Parking
Assigned, Carport
Pool Features
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected
Condition
Updated Remodeled
Units
3

Community Features

Subdivision
Balboa Island - Main Island (BALM)
Community Features
Curbs, Sidewalks, Park
Security
Carbon Monoxide Detectors, Smoke Detectors

The record

Property History for 118 Agate

DateEventPriceNote
Apr 7, 2017 Sold $2,200,000
Feb 6, 2017 Listed for sale $2,250,000
Jul 21, 2014 Sold $1,930,000 Abrams Coastal Properties

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 118 Agate

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 39 of 39 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 39 of 39. Fixed wireless: Verizon, up to 300 Mbps, at 39 of 39.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630061004, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.7 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

Looking for something similar

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Selling near 118 Agate

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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 Coleen Brennan of Engel & Voelkers Newport Beach

Listing information updated Jun 27, 2026 at 7:40 AM PT. Source: CRMLS.

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