118 Emerald Newport Beach, CA 92662
5 Beds
3 Baths
1,893 SqFt
UPDATED:
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 PW-26082073
Style Cottage
Bedrooms 5
Full Baths 1
Three Quarter Bath 2
Year Built 1940
Lot Size 2,614 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Interior
Interior Features Wood Product Walls, Tile Counters
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type Living Room
Laundry In Garage, Inside
Exterior
Exterior Feature Awning(s)
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nearby Locations