Sold
118 Emerald sold on August 20, 2026 for $3,350,000, 4.3% below the $3,499,000 asking price after 79 days on the market; it was first listed at $3,799,000. The buyer financed the purchase with a conventional loan. The details are below for reference.
118 Emerald, Newport Beach, CA 92662
- 5 beds
- 3 baths
- 1,893 sq ft
- Built 1940
Own 118 Emerald? Request a free home valuation to see what it is worth today.
$3,350,000
Subdivision Balboa Island - Main Island
14 duplexes sold in the past 12 months · median $3,764,855
The home
About 118 Emerald
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.
Property details for 118 Emerald
This 5-bedroom, 3-bath duplex sits in the Balboa Island - Main Island neighborhood of Newport Beach in Orange County. It has 1,893 square feet of living space. The home was built in 1940. The MLS record lists the assessor parcel number as 050-041-02. Highlights include a fireplace, an attached two-car garage, air conditioning, and cottage architecture.
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- PW26082073
- Year Built
- 1940
- Living Area (sq ft)
- 1,893
- Living Area Source
- Appraiser
- Lot Size (sq ft)
- 2,614
- Lot Size (acres)
- 0.06
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- None
- Parcel Number
- 05004102
- On Market Date
- 2026-04-23
- Listing Terms
- Trust
Interior Features
- Interior Features
- Wood Product Walls, All Bedrooms Up, All Bedrooms Down
- Appliances
- Gas Oven, Gas Range
- Flooring
- Vinyl
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- Living Room
- Laundry
- Inside, In Garage
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Blinds, Double Pane Windows
- Accessibility
- None
Exterior Features
- Architectural Style
- Cottage
- Exterior Features
- Awnings
- Roof
- Composition
- Construction
- Wood Siding
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Patio
- Parking
- Door Multi, Garage, Garage Faces Rear
- Fencing
- Vinyl, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Units
- 2
Community Features
- Subdivision
- Balboa Island - Main Island (BALM)
- Community Features
- Suburban, Sidewalks
The record
Property History for 118 Emerald
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 20, 2026 | Sold | $3,350,000 | |
| Aug 11, 2026 | Status changed to Pending | From Active Under Contract | |
| Jul 14, 2026 | Status changed to Active Under Contract | From Active | |
| Jun 17, 2026 | Price reduced | $3,499,000 | From $3,649,000 |
| Jun 1, 2026 | Price reduced | $3,649,000 | From $3,799,000 |
| Apr 23, 2026 | Listed for sale | $3,799,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 118 Emerald
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, 1.0 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 21 of 22 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 22 of 22. Fixed wireless: Verizon, up to 300 Mbps, at 21 of 22.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590630061007, 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
Looking for something similar
118 Emerald is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 118 Emerald
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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.
Balboa Island - Main Island home sales, past 12 months
- Homes sold
- 14
- Median price
- $3,764,855
- Median days on market
- 60
- Median per sq ft
- $1,662
Recorded MLS closings of duplexes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Balboa Island - Main Island sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 224 Amethyst | Sep 29, 2026 | $3,736,710 | 2,805 | $1,332 | 115 |
| 118 Emerald | Aug 20, 2026 | $3,350,000 | 1,893 | $1,770 | 79 |
| 1403 N Bayfront | Aug 3, 2026 | $5,600,000 | 2,105 | $2,660 | 27 |
| 216 Amethyst | Jul 30, 2026 | $3,180,000 | 2,363 | $1,346 | 147 |
| 302 S Bay Front | Jun 25, 2026 | $7,105,000 | 2,926 | $2,428 | 60 |
See 17 homes for sale in Balboa Island - Main Island Newport Beach housing market
Schools
School District for 118 Emerald
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Lucas Kinney of Balboa Island Estates
Listing information updated Aug 20, 2026 at 4:42 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.