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

$3,275,000
  • 3 Beds
  • 1 Baths
  • 1,854 Sq.Ft.
For Sale
$3,275,000 Get Pre-Qualified

Property Overview: 123 E Bay Ave Newport Beach, CA has 3 bedrooms, 1 bathrooms, 1,854 living square feet and 2,100 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: One block to Newport Bay, two blocks to Balboa Peninsula Beach, this tastefully updated home is ready to enjoy now: either as a full-time residence or as a beach-close 2nd home. Located on one of the quieter Balboa Peninsula streets, away from the bustle of Balboa Avenue, this home provides close proximity to both the bay and the beach while enjoying the charming and calmer lifestyle of E Bay Avenue. Featuring 3 bedrooms, 3 bathrooms, and a front brick patio with built-in BBQ for enjoying pleasant summer evenings with family and friends. Upstairs, just off the family room/den, is a spacious 2nd level deck with clear views of the bay for relaxing or entertaining. This is a terrific place to watch the bay activities such as the Christmas boat parade from the privacy of your own home. Just a short 7ish minute walk to the Fun Zone and area restaurants and about 1/4 mile drive to the Balboa Island Ferry. There is also potential for the new owner to improve access to the existing rooftop deck.

Listed by John Newlander | BRE #01894487 | First Team Real Estate
Last checked: 4 minutes ago | Last updated: June 26th, 2024 | Source CRMLS | DOM: 113
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Home details

Lot Sq. Ft
2,100
HOA Dues
$0/mo
Year built
1985
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
LG24026379
City
Newport Beach
County
Orange
Time on Site
114 days

Open Houses for 123 E Bay Ave

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Property Details for 123 E Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Fireplace(s), Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup, In Garage, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Patio, Gas, Gas Starter, Wood Burning, Raised Hearth
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Flooring: Carpet, Tile, Wood
  • All Bedrooms Up, Den, Entry, Kitchen, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Water Heater Central, Water Heater
  • Granite Counters, Kitchen Open to Family Room, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (3/4): 2
Interior Features
  • Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Dry Bar, Granite Counters, Open Floorplan, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Storage
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows, Plantation Shutters, Screens
  • Door Features: French Doors, Panel Doors, Sliding Doors
Exterior Features
Exterior Information
  • Roof: Concrete
  • Awning(s), Barbecue Private, Rain Gutters
  • Has Fence
  • Vinyl
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Covered, Deck, Patio Open, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: Level with Street, Lot 20000-39999 Sqft, Level, Walkstreet, Yard
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04807209
  • Year Built Source: Public Records
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: Entry Slope Less Than 1 Foot
  • Offered With Property: Washer, Dryer, Refrigerator
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: E Balboa, to Coronado, to E Bay
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 123 E Bay Ave

Last sold for $1,845,000 on June 10th, 2016
  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: LG24026379

    $3,275,000

    Price

  • June, 2016

  • Jun 10, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,845,000

    Price

Show More

Tax History for 123 E Bay Ave

Assessed Value (2020): $1,997,086
Year Land Value Improved Value Assessed Value
2020 $1,801,465 $195,621 $1,997,086

Home Value Compared to the Market

This property vs the competition

123 E Bay Ave is listed 23.75% lower than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,557 and this home is listed at $1766.45 per/sqft which puts the price per square foot 13.45% higher than the median price per square foot for the city of Newport Beach.

About 123 E Bay Ave

Detailed summary of property

123 E Bay Ave is a single family home located in Newport Beach, CA 92661 and is currently for sale. This house offers 3 bedrooms, 1 bathrooms, roughly 1,854 living square feet, and sits on an approximately 2,100 square foot lot. 123 E Bay Ave was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $3,275,000. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,557. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 23.75% lower than the median priced home. Local competing homes currently for sale include 2107 Arbutus St, 367 Newport Glen Court and 59 Hillsdale Dr. While the average home in Newport Beach, CA is selling in 91 days, 123 E Bay Ave has a days on market of 113 days. There are currently 291 homes for sale in the Newport Beach real estate market and 211 of them are single family homes while 64 of them are condos and 16 are townhomes. For more information on this home for sale at 123 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 123 E Bay Ave

Public county record property details
Beds
2
Baths
3
Year built
1982
Sq. Ft.
1,894
Lot Size
2,100
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
4
APN
048-072-09

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
$6,795,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$2,550,000
Median Sold Price/Sq.Ft.
$1,904
Total Inventory
46
Median Sale to List Price %
85.14%
Avg Days on Market
103
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Related Resources to 123 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.