R
Seller's Agent in 2025
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
71 in this area
107 Total Sales
201 Emerald Ave Newport Beach, CA 92662
Balboa Island Neighborhood
3
Beds
2.5
Baths
2,355
Sq Ft
2,550
Sq Ft Lot
Highlights
- Bay View
- Vaulted Ceiling
- No HOA
- Abraham Lincoln Elementary School Rated A
- Wood Flooring
- 3-minute walk to Balboa Island Park
About This Home
As of October 2025Outstanding opportunity to own a one-of-a-kind corner residence on the quiet end of Balboa Island. The first level features a spacious front deck with fireplace surrounded by lush landscaping, a large great room with fireplace and built-ins, a separate seating area, dining area, chef’s kitchen with walk-in pantry, and a guest bath. The second level showcases a primary suite with vaulted ceilings, office alcove with built-ins, spa-like bath with soaking tub, walk-in shower, expansive closet, and folding doors opening to a wraparound balcony with peekaboo Bay views. The second level also includes a sizable den/office space with built-in desk, a wet bar, two generous guest bedrooms with a balcony and bath, and a laundry room. The third level offers a covered loggia with bar and mini-fridge, storage, and an impressive roof deck with fireplace and room for a spa. The home also includes a two-car garage, outdoor shower, room for a golf cart, and much more. A rare chance to own a signature home in an exceptional location.
Last Agent to Sell the Property
Arbor Real Estate Brokerage Email: ryan@arborrealestate.com License #01869795 Listed on: 09/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,211
Year Built
- Built in 2011
Lot Details
- 2,550 Sq Ft Lot
- Rectangular Lot
Parking
- 2 Car Attached Garage
Property Views
- Bay
- City Lights
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,355 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Living Room with Fireplace
- Laundry Room
Kitchen
- Walk-In Pantry
- Free-Standing Range
- Freezer
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Soaking Tub
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Fireplace in Patio
- Fire Pit
Utilities
- Central Air
- Floor Furnace
- Tankless Water Heater
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Legal Lot and Block 18 / 2
- Tax Tract Number 99
- Assessor Parcel Number 05002112
- $27,000 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Oct 2, 2025
Sold by
2004 Gardner Family Trust and Gardner Max L
Bought by
Chai-Onn Childrens Trust and Chai-Onn
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Deborah Cowles
Compass
List Price
$5,975,000
Sold Price
$6,400,000
Premium/Discount to List
$425,000
7.11%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-93.28%
Original Mortgage
$4,800,000
Outstanding Balance
$4,800,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Estimated Equity
$1,102,004
Purchase Details
Listed on
Aug 6, 2015
Closed on
Jul 21, 2015
Sold by
Gunderson David E and Gunderson Sheryl L
Bought by
2004 Gardner Family Trust
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Kristin Halton
Douglas Elliman Of California
List Price
$3,850,000
Sold Price
$3,850,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Purchase Details
Closed on
Dec 3, 2008
Sold by
Sims Crystal Diane
Bought by
Gunderson David E and Gunderson Sheryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,392,000
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 12, 2004
Sold by
Sims John C and Sims Jon C
Bought by
Sims John C and The Sims Trust
Purchase Details
Closed on
Sep 9, 1994
Sold by
Sims John Corbin
Bought by
Sims Jon C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,400,000 | Chicago Title Company | |
| Grant Deed | $3,850,000 | Lawyers Title Company | |
| Grant Deed | $1,740,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,800,000 | New Conventional | |
| Previous Owner | $1,392,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/20/2025 10/20/25 | Sold | $6,400,000 | +7.1% | $2,718 / Sq Ft | |
| 09/22/2025 09/22/25 | Pending | -- | -- | -- | |
| 09/10/2025 09/10/25 | For Sale | $5,975,000 | +55.2% | $2,537 / Sq Ft | |
| 08/10/2015 08/10/15 | Sold | $3,850,000 | 0.0% | $1,659 / Sq Ft | View Prior Sale |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- | |
| 08/06/2015 08/06/15 | For Sale | $3,850,000 | -- | $1,659 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $45,211 | $4,179,142 | $2,437,559 | $1,741,583 |
| 2024 | $45,211 | $4,097,199 | $2,389,764 | $1,707,435 |
| 2023 | $44,187 | $4,016,862 | $2,342,906 | $1,673,956 |
| 2022 | $43,472 | $3,938,100 | $2,296,966 | $1,641,134 |
| 2021 | $42,669 | $3,860,883 | $2,251,928 | $1,608,955 |
| 2020 | $40,519 | $3,821,295 | $2,228,837 | $1,592,458 |
| 2019 | $39,673 | $3,746,368 | $2,185,134 | $1,561,234 |
| 2018 | $38,879 | $3,672,910 | $2,142,288 | $1,530,622 |
| 2017 | $38,189 | $3,600,893 | $2,100,283 | $1,500,610 |
| 2016 | $37,326 | $3,530,288 | $2,059,101 | $1,471,187 |
| 2015 | $27,058 | $2,537,758 | $1,802,152 | $735,606 |
| 2014 | $26,419 | $2,488,047 | $1,766,850 | $721,197 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Gunderson
-
Deborah Cowles
Buyer's Agent in 2025
Deborah Cowles
Compass
(949) 697-1219
2 in this area
32 Total Sales
-
Kristin Halton
Buyer's Agent in 2015
Kristin Halton
Douglas Elliman Of California
(949) 433-3634
75 Total Sales
-
Demetria Moore
Buyer Co-Listing Agent in 2015
Demetria Moore
Christie's International R.E. Southern California
(949) 233-9415
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25207600
APN: 050-021-12
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 115 N Bay Front
- 211 Pearl Ave
- 8 Beacon Bay
- 300 S Bay Front
- 648 Harbor Island Dr
- 20 Harbor Island
- 736 Harbor Island Dr
- 11 Harbor Island
- 126 Collins Ave
- 316 Diamond Ave
- 318 Coronado St
- 126 Ruby Ave
- 29 Linda Isle
- 201 Diamond Ave
- 7 Linda Isle
- 112 Ruby Ave
- 315 E Bay Ave
- 3 Linda Isle
- 314 Anade Ave
- 126 Sapphire Ave