Judging by Legate's second-last post, it does indeed sound like the Numenor. The time period was between the War of Wrath (mountains shook) and the time when Sauron arose and brought darkness - to ME in general, but also to Numenor specifically.
After the glory came the loss - Numenor was very prosporous, but after Sauron came it was lost in a huge "natural disaster". Numenor was pretty close to Aman, so that is what's probably meant by
here path did end by Western shores - but
path???? As for the child, I really don't know. Elendil? when did he or his heirs ever
betray? Something they brought from Numenor? Palantiri, White tree, the stone on Erech...none seem to fit. It culd also refer to Dark Numenorians, but they haven't remained. So maybe not Numenor after all.