Home | Orange County | Newport Beach | 92662 | 118 Emerald
MLS: CRPW26082073 | Status: Active | Price: $3,799,000
Beds/Baths: 5 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 5 | 3 | 1,893 | 2,614 | 1940 |
| Date | Time | Hosted By |
|---|---|---|
| Sunday, April 26 | 1:00 pm - 4:00 pm | Lucas Kinney |
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
| Field | Value |
|---|---|
| MLS # | CRPW26082073 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom, Other |
| Appliances | Other, Oven - Gas, Oven Range - Gas |
| Fireplace | Living Room |
| Laundry | In Garage, Other |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Pool | None |
| Style | Cottage |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Garage, Garage: 2 Car(s) |
| Elementary District | Newport-Mesa Unified |
| High School District | Newport-Mesa Unified |
| HOA Fee | $0 |
Lucas Kinney
Balboa Island Estates
License #: 01946207
Phone: (949) 205-6382
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 410 Clubhouse | $4,000,000 | 5 | 4/1 | 2,700 | Contingent |
| 216 Amethyst | $3,500,000 | 5 | 4/1 | 2,363 | Active |
| 205 42nd St | $3,150,000 | 4 | 2 | 1,552 | Active |
| 224 Amethyst | $4,350,000 | 3 | 3 | 2,805 | Active |
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This listing information is up-to-date as of April 23, 2026. For the most current information, please contact Lucas Kinney, (949) 205-6382.