1120 W Bay Ave, Newport Beach, CA 92661
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1120 W Bay Ave Newport Beach, CA 92661

$5,075,000 Sold Price as of 08/15/2019
  • 5 Beds
  • 2 Baths
  • 2,631 Sq.Ft.
Sold
$5,075,000 Sold Price as of 08/15/2019 Refinance Your Mortgage

Map preview of 1120 W Bay Ave, Newport Beach, CA 92661

Property Overview: 1120 W Bay Ave Newport Beach, CA has 5 bedrooms, 2 bathrooms, 2,631 living square feet and 3,833 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of the original dwellings of Newport Harbor, this 2 story, 5 bedroom, 3 bath single family Bay front home offers panoramic views of the harbor, sunsets, and city lights. Features of this traditional home include: 2 bay front facing bedrooms; Bay-facing balcony; 2 spacious patios - one of which is on the bay and one with an outdoor fireplace; wood and brick flooring throughout; formal dining room; formal living room with fireplace; upgraded kitchen; 2 car attached garage.

Listed by Jacob Abeelen | BRE #01973535 | Reliance Real Estate Services
Co-listed by James Oronoz | BRE #02056694 | Reliance Real Estate Services
Last checked: 2 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
3,833
HOA Dues
$0/mo
Year built
1936
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW19195071
City
Newport Beach
County
Orange
Time on Site
1374 days

Property Details for 1120 W Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Patio, Gas
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room, In Kitchen
  • Flooring: Brick, Carpet, Wood
  • Family Room, Formal Entry, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (3/4): 1
Interior Features
  • Balcony, Block Walls, Granite Counters, Tile Counters, Wood Product Walls
  • Levels: Two
  • Window Features: Shutters, Wood Frames
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Dock Private
  • Has Fence
  • Block, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Patio, Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Concrete, Garage Faces Front, Private
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Level with Street, Paved
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, City Lights, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04726106
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Concrete Perimeter
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Bay Island (BISL)
  • Directions: 55 (S) Continue on Newport Blvd. (L) on 11th St. (L) on Bay Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 1120 W Bay Ave

Last leased for $8,000 on October 18th, 2019
  • October, 2019

  • Oct 21, 2019

    Date

    Leased

    CRMLS: NP19217226

    $8,000

    Price

  • Sep 18, 2019

    Date

    Price Change

    CRMLS: NP19217226

    $10,000

    Price

  • Sep 11, 2019

    Date

    Active

    CRMLS: NP19217226

    $12,000

    Price

  • Listing provided courtesy of CRMLS

    Bayfront home with a 50-foot boat dock offering panoramic views of Newport Harbor. This home has two upstairs bayfront facing rooms with a large balcony, a spacious bay front patio as well an additional outdoor patio with a fireplace. Attached two car garage. One year lease. Sellers may consider selling.

  • August, 2019

  • Aug 15, 2019

    Date

    Sold

    CRMLS: PW19195071

    $5,075,000

    Price

  • Aug 15, 2019

    Date

    Active

    CRMLS: PW19195071

    $5,075,000

    Price

  • August, 2019

  • Aug 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $5,075,000

    Price

  • October, 2012

  • Oct 31, 2012

    Date

    Sold (Public Records)

    Public Records

    $3,400,000

    Price

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Tax History for 1120 W Bay Ave

Assessed Value (2020): $5,075,000
Year Land Value Improved Value Assessed Value
2020 $4,930,107 $144,893 $5,075,000

Home Value Compared to the Market

This property vs the competition

1120 W Bay Ave sold on August 15, 2019 for 93.26% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $1928.92 per/sqft which puts the price per square foot 79.77% higher than the current median sale per square foot for the city of Newport Beach.

About 1120 W Bay Ave

Detailed summary of property

1120 W Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 5 bedrooms, 2 bathrooms, roughly 2,631 living square feet, and sits on an approximately 3,833 square foot lot. 1120 W Bay Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $5,075,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 93.26% higher than the current median priced home. Local homes that are currently for sale include 125 24th St, 430 Tustin Ave and 129 Topaz Ave. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 1120 W Bay Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1120 W Bay Ave

Public county record property details
Beds
5
Baths
2
Year built
1936
Sq. Ft.
2,631
Lot Size
3,833
Stories
3
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
047-261-06

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 1120 W Bay Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.