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

$4,695,000 Sold Price as of 04/25/2024
  • 4 Beds
  • 1.5 Baths
  • 2,696 Sq.Ft.
Sold
$4,695,000 Sold Price as of 04/25/2024 Refinance Your Mortgage

Map preview of 127 E Bay Ave, Newport Beach, CA 92661

Property Overview: 127 E Bay Ave Newport Beach, CA has 4 bedrooms, 1.5 bathrooms, 2,696 living square feet and 2,607 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Situated on a rare, 35' lot in a prime location, just a stone's throw from both the bay and the ocean, this custom-built residence stands as a testament to unmatched craftsmanship. A striking collaboration by Brian Olsin Design and Sepulveda Builders, the home exhibits a tasteful French modern exterior, effortlessly blending stone and smooth Santa Barbara stucco to forge an elegant façade. The swoon-worthy interiors, spanning approximately 2,695 square feet, are spread over three levels, comprising four bedrooms and four-and-a-half bathrooms. Upon stepping into the formal entry, you are welcomed into the open floorplan, where the warmth of oak hardwood flooring extends beneath your feet. Nestled within this layout is a cozy living room with a stone-surround fireplace and large glass doors offering direct access to the front porch - perfect for entertaining and taking in the ocean breezes. A chef's delight, the gourmet kitchen features top-of-the-line Thermador appliances, Carrara marble countertops, backlit shelving set against a stone backsplash, custom Shinnoki cabinetry, and an eat-in island beneath designer pendant lights. The second level houses the lavish fireplace-warmed primary suite characterized by dramatically vaulted ceilings, a private balcony, sitting room, and oversized walk-in closet complemented by a luxurious bathroom. This spa-inspired sanctuary hosts a sunken marble slab shower and Japanese soaking tub creating a haven of relaxation. Two additional en-suite bedrooms and a laundry room round out the second level. Crowning the residence is the fourth en-suite bedroom that opens onto a reinforced deck, engineered to accommodate a hot tub. This open-air space is enriched by a BBQ center, offering a peek-a-boo view of the ocean. Every aspect of this home, from the hardwood oak flooring to the wooden doors and trim, has been meticulously selected to exude sophistication and warmth. Other noteworthy details include a commercial-grade elevator servicing all three levels, a two-car attached garage supplemented by additional parking space for guests, outdoor shower, Western windows and doors throughout, seller-owned solar, and Sonos home system.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
2,607
HOA Dues
$0/mo
Year built
2023
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP24044025
City
Newport Beach
County
Orange
Time on Site
52 days

Virtual Tour

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Property Details for 127 E Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Room
  • Flooring: Wood
  • All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (3/4): 3
Interior Features
  • Balcony, Built-in Features, Elevator, Recessed Lighting, Stone Counters
  • Levels: Three Or More
  • Window Features: Custom Covering
Exterior Features
Exterior Information
  • Barbecue Private, Lighting
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch, Roof Top
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 Faces Rear
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04807222
  • Year Built Source: Builder
  • Architectural Style: Custom Built
  • Entry Level: 1
  • 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
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: Cross Streets: E Bay Ave and Medina Way
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 127 E Bay Ave

Last sold for $4,695,000 on April 25th, 2024
  • April, 2024

  • Apr 25, 2024

    Date

    Sold

    CRMLS: NP24044025

    $4,695,000

    Price

  • Mar 4, 2024

    Date

    Active

    CRMLS: NP24044025

    $5,195,000

    Price

  • April, 2024

  • Apr 3, 2024

    Date

    Withdrawn

    CRMLS: NP24044033

    $22,000

    Price

  • Mar 4, 2024

    Date

    Active

    CRMLS: NP24044033

    $22,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 4, 2024

    Date

    Canceled

    CRMLS: NP23101349

    $4,995,000

    Price

  • Jun 21, 2023

    Date

    Active

    CRMLS: NP23101349

    $5,495,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2020

  • Jul 24, 2020

    Date

    Sold

    CRMLS: NP20091456

    $1,700,000

    Price

  • Jun 16, 2020

    Date

    Pending

    CRMLS: NP20091456

    $1,999,000

    Price

  • May 16, 2020

    Date

    Active

    CRMLS: NP20091456

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Beach Bungalow 2 for 1 special! Loaded with Newport Beach charm & originality, built-in 1909 the home is comprised of a 2bed, 1bath front unit & 1bed, 1bath back unit grandfathered in. Current combined interior 1,752sq. ft. complete with 1 car garage plus 1 car off-street parking space behind the garage. Home is situated on larger than a normal lot for the neighborhood at just north of 2,600sq. ft. Great for new development or remodel opportunity with 38ft of Street frontage or investor looking for beach rental income. Alternatively, take it as is and enjoy everything the beach has to offer, biking, swimming, boating, paddle boarding, surfing, fun zone, etc. 1 block from the harbor and 1 block to the sand. A quick walk or bike ride to all the great shops and restaurants Newport Peninsula has to offer.

  • July, 2020

  • Jul 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

  • November, 2004

  • Nov 1, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 127 E Bay Ave

Assessed Value (2020): $695,277
Year Land Value Improved Value Assessed Value
2020 $656,162 $39,115 $695,277

Home Value Compared to the Market

This property vs the competition

127 E Bay Ave sold on April 25, 2024 for 97.83% 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 $1926.93 per/sqft which puts the price per square foot 79.58% higher than the current median sale per square foot for the city of Newport Beach.

About 127 E Bay Ave

Detailed summary of property

127 E Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 1.5 bathrooms, roughly 2,696 living square feet, and sits on an approximately 2,607 square foot lot. 127 E Bay Ave was first listed on ArdentRealEstateGroup.com on March 4, 2024. The homeowner sold the property for $4,695,000. 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 97.83% higher than the current median priced home. Local homes that are currently for sale include 1603 Cliff Dr, 1714 Plaza Del Norte and 500 K St. While the average home in Newport Beach, CA is selling in 75 days, 127 E Bay Ave has a days on market of 18 days. 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 127 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 127 E Bay Ave

Public county record property details
Beds
3
Baths
2
Year built
1909
Sq. Ft.
1,752
Lot Size
2,607
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
2
APN
048-072-22

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 127 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.