122 E Bay Ave, Newport Beach, CA 92661
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122 E Bay Ave Newport Beach, CA 92661

$2,000,000 Sold Price as of 11/15/2021
  • 2 Beds
  • 1 Baths
  • 928 Sq.Ft.
Sold
$2,000,000 Sold Price as of 11/15/2021 Refinance Your Mortgage

Map preview of 122 E Bay Ave, Newport Beach, CA 92661

Property Overview: 122 E Bay Ave Newport Beach, CA has 2 bedrooms, 1 bathrooms, 928 living square feet and 1,860 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: According to Forbes, “Taking vacation time is essential to survival. That’s because time off from work is integral to well-being, sustained productivity and high performance.” In the case that you don’t care for your “survival, well-being, productivity, and high performance”, feel free to stop reading now, because 122 E Bay is truly an untouched personal unlimited vacation waiting to be bought. Brand new EVERYTHING and overflowing with the highest level of stylish and luxury-grade finishes and fixtures, this long awaited masterpiece has been designer curated to be the ultimate Balboa getaway. In need of nothing yet still loaded with potential for expansion, every single inch of this new home both inside and out was highly and lovingly considered in function and fashion, from the natural Terrazzo stairway entry, leading you to the convenient and welcoming white oak Dutch door and floors, to the expertly adorned and masterfully well-lit and spacious kitchen and dining area, complete with porcelain countertops and waterfall and under cabinet lighting. (You know they did a good job when they’ve got that high quality under cabinet lighting). Do you love seeing black wires and cables all over your porcelain countertops? Awesome, we don’t either. Luckily this gem of a kitchen is fully wired for appliances internally to keep counters tidy, well-complemented by the designer hand-selected lighting throughout. New electric start gas fireplace wrapped with recycled terrazzo tile with white oak mantle, (fully media and tv ready) flanked by custom white oak benches that include storage and library lights above for ambiance elevate the vibe to it’s absolute fullest. For the surfer’s and beach goer’s, enjoy the exterior shower designed with recycled terrazzo tile. Elevated entertainment/chill area on the backyard deck for summer evenings, perfect spot for a fire-pit hang, yoga sesh or cozy place to relax and unwind away from the hustle and bustle. For the sake of your well-being and quality of life, don’t let this one slip.

Listed by Keven Stirdivant | BRE #01434793 | Kase Real Estate
Co-listed by Richard Mulder | BRE #01733815 | KASE Real Estate
Last checked: 9 minutes ago | Last updated: June 9th, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
1,860
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
PW21224614
City
Newport Beach
County
Orange
Time on Site
936 days

Property Details for 122 E Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Inside, Stackable, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Flooring: Wood
  • All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range
  • Kitchen Open to Family Room, Quartz Counters
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Cathedral Ceiling(s), Copper Plumbing Full, Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Wood
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch, Rear Porch
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04806114
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Modern
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, 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: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd to North on Coronado, West on E Bay Ave. in between Medina and Montero
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Newport Beach Agent

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Sale History for 122 E Bay Ave

Last sold for $2,000,000 on November 15th, 2021
  • November, 2021

  • Nov 16, 2021

    Date

    Sold

    CRMLS: PW21224614

    $2,000,000

    Price

  • May, 2021

  • May 14, 2021

    Date

    Withdrawn

    CRMLS: NP21057551

    $1,900,000

    Price

  • May 1, 2021

    Date

    Hold

    CRMLS: NP21057551

    $1,900,000

    Price

  • May 1, 2021

    Date

    Active

    CRMLS: NP21057551

    $1,900,000

    Price

  • Apr 11, 2021

    Date

    Coming Soon

    CRMLS: NP21057551

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing and rare opportunity to own a turn-key coastal modern single story beach cottage designed and currently being built by an “HGTV featured” builder / designer duo. Located in one of the most desirable locations on Balboa Peninsula! This open concept charming cottage is loaded with hand picked and specialty curated finishes with plenty of designer features. Custom Rift white oak cabinetry and millwork details, wire brushed wide plank engineered hardwood flooring, an outdoor shower for all your beach needs, and a vaulted shiplap living room ceiling. Don’t forget to open the large 10’ slider for a bright and breezy indoor/outdoor feel. 122 East Bay Ave offers a quiet location compared to Balboa Blvd and is situated between Newport and Balboa Piers. One block to bay-front sidewalks, watching sailing competitions and hearing the seal lions. Head west and you are on the oceanfront, enjoying the most desirable boardwalk on the west coast. Walk, run, bike or cruise from the Wedge to 36th st while enjoying panoramic ocean views including Catalina Island. This is the place in paradise!

  • July, 2020

  • Jul 16, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1994

  • Jun 24, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 122 E Bay Ave

Assessed Value (2020): $101,278
Year Land Value Improved Value Assessed Value
2020 $90,040 $11,238 $101,278

Home Value Compared to the Market

This property vs the competition

122 E Bay Ave sold on November 15, 2021 for 46.08% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $2149.78 per/sqft which puts the price per square foot 58.07% higher than the current median sale per square foot for the city of Newport Beach.

About 122 E Bay Ave

Detailed summary of property

122 E Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 2 bedrooms, 1 bathrooms, roughly 928 living square feet, and sits on an approximately 1,860 square foot lot. 122 E Bay Ave was first listed on ArdentRealEstateGroup.com on October 9, 2021. The homeowner sold the property for $2,000,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 46.08% lower than the current median priced home. Local homes that are currently for sale include 14 Ima Loa Court #157, 61 Sea Island Dr and 2195 Vista Entrada. While the average home in Newport Beach, CA is selling in 74 days, 122 E Bay Ave has a days on market of 24 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 122 E 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 122 E Bay Ave

Public county record property details
Beds
2
Baths
1
Year built
1925
Sq. Ft.
928
Lot Size
1,860
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
17
APN
048-061-14

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
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Related Resources to 122 E 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.