121 Emerald Ave, Newport Beach, CA | Pacaso
Sold
Whole home price

$4,950,000


Estimated 1/8 ownership

$730,000

Attributes
4 Beds4.5 Baths2,380 sq ft
About this home
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 master has sliding doors to a private balcony and luxurious en suite bathroom with soaking tub. The home comes fully furnished and professionally decorated.
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Property Video

How we priced this 1/8 share

We give our homes a full design makeover, manage all aspects of LLC formation, and find qualified owners

Purchase PriceWhole home: $4,950,000$618,750
Home Upgrades & ClosingInterior design, furnishings, inspection & title$33,036
Pacaso Service FeeBuyer aggregation, legal & financing$78,214

Total 1/8 Ownership44+ nights per year$730,000

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Understanding ownership costs

View of Napa Valley from Olive Grove Exterior seating area

Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.

Listing Agent

Courtesy of - Dean Ledger, Emerald Bay Real Estate

Whole home list price: $4,950,000