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1417 E Bay Ave, Newport Beach, CA 92661
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1417 E Bay Ave Newport Beach, CA 92661

$11,850,000 Sold Price as of 01/03/2020
  • 5 Beds
  • 5 Baths
  • 4,741 Sq.Ft.
Sold
$11,850,000 Sold Price as of 01/03/2020 Refinance Your Mortgage
Map preview of 1417 E Bay Ave, Newport Beach, CA 92661

Property Overview: 1417 E Bay Ave Newport Beach, CA has 5 bedrooms, 5 bathrooms, 4,741 living square feet and 11,460 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to Newport Beach's Peninsula Point bay front compound. This one-of-a-kind spectacular property has been with the same family for over 50 years. It is a generational type of property that serves as the foundation for countless family gatherings / privacy / water sports / and yachting. The vast sand beach with bulkhead sea wall will help to preserve the pristine sand on the bay front side for you and your guests to sit back, relax and enjoy the harbor views. The private dock can be reconfigured to hold 3 boats up to 65', 53', & 50'. This bay front compound is on a combined two lots with the ability to also purchase two additional lots which are adjacent at 1416 & 1418 Balboa Blvd.

Listed by Doug Skoro | BRE #01429075 | Douglas Elliman Of California,
Co-listed by Joshua Altman | BRE #01764587 | Douglas Elliman
Last checked: 5 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 88

Home details

Lot Sq. Ft
11,460
HOA Dues
$0/mo
Year built
1912
Garage
7 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP19182907
City
Newport Beach
County
Orange
Time on Site
1375 days

Property Details for 1417 E Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Gas, Gas Starter
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Flooring: Carpet, Stone
  • Entry, Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Disposal
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • 2 Staircases
  • Levels: Two
Exterior Features
Exterior Information
  • Boat Slip, Dock Private, Lighting
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: See Remarks
  • No Attached Garage
Lot Information
  • Lot Features: Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04818132
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod, Cottage, Traditional
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: Newport Blvd. to G Street
Neighborhood Information
  • Community Features: Watersports, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 1417 E Bay Ave

Last sold for $11,850,000 on January 3rd, 2020

  • January, 2020

  • Jan 4, 2020

    Date

    Sold

    CRMLS: NP19182907

    $11,850,000

    Price

  • Dec 3, 2019

    Date

    Pending

    CRMLS: NP19182907

    $17,750,000

    Price

  • Oct 31, 2019

    Date

    Active Under Contract

    CRMLS: NP19182907

    $17,750,000

    Price

  • Aug 2, 2019

    Date

    Active

    CRMLS: NP19182907

    $17,750,000

    Price

  • January, 2020

  • Jan 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $11,850,000

    Price

  • June, 2019

  • Jun 25, 2019

    Date

    Canceled

    CRMLS: NP19002950

    $22,995,000

    Price

  • Jun 25, 2019

    Date

    Withdrawn

    CRMLS: NP19002950

    $22,995,000

    Price

  • Jan 5, 2019

    Date

    Active

    CRMLS: NP19002950

    $22,995,000

    Price

  • Listing provided courtesy of CRMLS

    The last great bay front compound in Peninsula Point is now for sale for the first time in over 50 years. Six contiguous lots comprise this once-in-a-lifetime opportunity now on offer. The total combined lot area is approximately 17,000 square feet, or .4 acres. Situated on a desirable corner with 180-degree harbor views, the bay front property features an expansive 60’ of frontage on the harbor. The verdant seaside garden and large private beach are built out to the grandfathered bulkhead. Adjacent to the bay front home are 1416 & 1418 East Balboa Blvd., included in this offering, that feature harbor and ocean views. The bay front residence was originally designed in a refined Cape Cod style. It opens to a large brick terrace and shade trees overlooking its lawn, sandy beach, and the harbor. This understated and graceful home retains much of its period charm. Alternatively, all of the properties can be maximized to create a new home and outbuildings in excess of 15,000 SF + 4,000 SF of basements. The private dock can be reconfigured to hold 3 boats up to 65’,53’, & 50’. The adjacent lots are improved with a multi-car garage building (1418) and a 1920’s cottage (1416). The redevelopment opportunities are extraordinary. Peninsula Point is the best kept secret on Newport Harbor. Adjacent to the harbor entrance and the Wedge, residents of this revered seaside neighborhood enjoy an idyllic lifestyle of sailing and days on the beach – set away from the bustle of Newport Beach.

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Tax History for 1417 E Bay Ave

Assessed Value (2020): $530,110
Year Land Value Improved Value Assessed Value
2020 $443,891 $86,219 $530,110

Home Value Compared to the Market

This property vs the competition

1417 E Bay Ave sold on January 3, 2020 for 575.93% 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 $3743.94 per/sqft which puts the price per square foot 248.92% higher than the current median sale per square foot for the city of Newport Beach.

About 1417 E Bay Ave

Detailed summary of property

1417 E Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 5 bedrooms, 5 bathrooms, roughly 4,741 living square feet, and sits on an approximately 11,460 square foot lot. 1417 E Bay Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $11,850,000. 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 575.93% higher than the current median priced home. Local homes that are currently for sale include 3 Cypress Point Ln, 15 Cypress Point and 1944 Port Cardiff Place. While the average home in Newport Beach, CA is selling in 75 days, 1417 E Bay Ave has a days on market of 88 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 1417 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 1417 E Bay Ave

Public county record property details
Beds
3
Baths
3
Year built
1912
Sq. Ft.
4,741
Lot Size
11,460
Stories
3
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
9
APN
048-181-32

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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Recently Sold Homes Near 1417 E Bay Ave

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1411 E Bay Ave
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1416 E Balboa Blvd, Newport Beach, CA 92661
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1418 E Balboa Blvd, Newport Beach, CA 92661
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1504 E Balboa Blvd, Newport Beach, CA 92661
$4,000,000 Last Sold Price
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4 Baths
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1504 E Balboa Blvd
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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.

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