New Co-Ownership Opportunity: 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
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1952
Stories: 2
Living Area: 2,380 SqFt
Listing Office:
Office Name: Pacaso Inc.
Office Phone: (628) 222-3360
Listing Agent: Joseph Maehler
Interior Features
Interior Information:
Appliances: Convection Oven, Double Oven, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator, Range Hood, Water Purifier, Dryer, Washer
Flooring Type: Wood
Interior: Elevator, Open Floorplan, Walk-In Closet(s)
Fireplace: Gas, Outside
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
View: Island, Harbor, Ocean, Water
Exterior: Fire Pit
Parking Information:
Garage Space: 2 spaces
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Zoned
Cooling: Central Air, Dual
School Info
Assigned Schools Information:
Corona Del Mar High School, Public District Grades 7-12
Abraham Lincoln Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: At west end of Balboa Island, on corner of Park Ave and Emerald. From Marine Ave, right on Park Ave, continue to Emerald Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $935,000
Price Per SqFt: $393/SqFt
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $2.4M less than the Median Sold Price and $1K/SqFt less than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24441575
Listing Office:
Office Name: Pacaso Inc.
Office Phone: (628) 222-3360
Listing Agent: Joseph Maehler
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/18/2024, 6:00:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.26 miles
Public District Grades KG-6
High School
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.18 miles
Public District Grades 7-12
Assigned Schools
8
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school2.26 miles
Public District Grades KG-6
Nearby Schools
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.11 miles
Public District Grades KG-6
7
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.67 miles
Public District Grades KG-6
Nearby Schools
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.28 miles
Public District Grades 7-8
9
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.39 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.44 miles
Public District Grades 6-8
Assigned Schools
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.18 miles
Public District Grades 7-12
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.32 miles
Public District Grades 9-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school3.27 miles
The neighbors living near this home have an average income of $97,018. Residents of Newport Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 121 Emerald Ave Unit 2
What is the listing price of this property?
The listing price of 121 Emerald Ave Unit 2 property is $935,000.
What type of property is this?
The property 121 Emerald Ave Unit 2 is a house located in Newport Beach, California, 92662.
Is this property for sale now?
Active Listing: 121 Emerald Ave Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 121 Emerald Ave Unit 2 are: Abraham Lincoln Elementary School: GreatSchools Rating 8/10Corona Del Mar High School: GreatSchools Rating 8/10
How many bedrooms and bathrooms does this property have?
The property at 121 Emerald Ave Unit 2 has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 121 Emerald Ave Unit 2 is 2,380 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 121 Emerald Ave Unit 2 is 1952.
This home is located at 121 Emerald Ave Unit 2 in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,380 square foot home, which was built in 1952, sits on a 0.06 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $935,000.
In September 2024 more than 6 listings in Newport Beach, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 58 were sold below. Between August 2024 and September 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 2.6%. The median list price of listings available in September 2024 was $3,413,750, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.