201 Emerald Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated payment $35,602/month
Highlights
- Popular Property
- Bay View
- Wood Flooring
- Abraham Lincoln Elementary School Rated A
- Vaulted Ceiling
- 3-minute walk to Balboa Island Park
About This Home
Outstanding 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.
Listing Agent
Arbor Real Estate Brokerage Email: ryan@arborrealestate.com License #01869795 Listed on: 09/10/2025
Open House Schedule
-
Sunday, September 14, 20251:00 to 4:00 pm9/14/2025 1:00:00 PM +00:009/14/2025 4:00:00 PM +00:00Add to Calendar
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 08/06/2015 08/06/15 | Pending | -- | -- | -- |
| 08/06/2015 08/06/15 | For Sale | $3,850,000 | -- | $1,659 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,850,000 | Lawyers Title Company | |
| Grant Deed | $1,740,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,392,000 | New Conventional | |
| Previous Owner | $2,392,000 | Construction | |
| Previous Owner | $1,392,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25207600
APN: 050-021-12
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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
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