1423 W Bay Ave, Newport Beach, CA 92661
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1423 W Bay Ave Newport Beach, CA 92661

$2,600,000 Sold Price as of 06/29/2022
  • 2 Beds
  • 2 Baths
  • 1,085 Sq.Ft.
Sold
$2,600,000 Sold Price as of 06/29/2022 Refinance Your Mortgage

Map preview of 1423 W Bay Ave, Newport Beach, CA 92661

Property Overview: 1423 W Bay Ave Newport Beach, CA has 2 bedrooms, 2 bathrooms, 1,085 living square feet and 2,700 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming Balboa Peninsula bungalow in original 1940's condition. Two bedrooms with ensuite baths, wood burning fireplace and private brick courtyard with French doors to primary bedroom and Dutch door to kitchen. Single car attached garage (off Alley) Located on a 2,700 SF (30' X 90') R2 lot south of 15th Street. Walking distance to the Harbor, Beach, Marina Park, Fun Zone and everything Balboa Peninsula has to offer. Huge potential to build your dream single-family home or duplex or update and enjoy the charm of the existing bungalow.

Listed by Ronald Webb | BRE #02047619 | Town Real Estate
Last checked: 9 minutes ago | Last updated: June 19th, 2023 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
2,700
HOA Dues
$0/mo
Year built
1940
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
22136693
City
Newport Beach
County
Orange
Time on Site
790 days

Property Details for 1423 W Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Tile
  • Living Room, Master Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • No View
  • View: None
  • Parcel Number: 04722303
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula
  • Directions: W Balboa Blvd to 15th Street
View more facts & features

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Sale History for 1423 W Bay Ave

Last sold for $2,600,000 on June 29th, 2022
  • June, 2023

  • Jun 19, 2023

    Date

    Expired

    CRMLS: OC23047437

    $8,500

    Price

  • Mar 22, 2023

    Date

    Active

    CRMLS: OC23047437

    $8,500

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 1423 West Bay Avenue in Newport Beach, California! This remodeled and furnished beach bungalow on Balboa Peninsula is the perfect retreat for those looking for relaxation and adventure. Just steps to both the bay and the beach, this home offers the ultimate beachside experience. The bungalow is thoughtfully designed with modern amenities and beachy accents. You'll find two stand-up paddleboards, a kayak, and beach cruisers at your disposal, perfect for exploring Newport Beach. After a day of adventure, relax and enjoy a barbecue on the beautiful private patio. Inside, the classic California bungalow features comfortable sleeping arrangements for up to four guests. The remodeled kitchen is fully equipped with everything you need to whip up a delicious meal, and the living room offers a cozy spot to unwind after a long day at the beach. Located in the heart of Newport Beach, you'll have easy access to local attractions and activities. Whether you want to explore the nearby restaurants and shops or spend your days lounging on the beach, this home is the perfect home base. One car garage and pet friendly. Offered on a monthly basis. Inquire about summer rates.

  • June, 2022

  • Jun 29, 2022

    Date

    Sold

    CRMLS: 22136693

    $2,600,000

    Price

  • Mar 27, 2022

    Date

    Active

    CRMLS: 22136693

    $2,900,000

    Price

  • July, 2021

  • Jul 13, 2021

    Date

    Sold

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 30, 2021

    Date

    Pending

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 28, 2021

    Date

    Active

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 16, 2021

    Date

    Pending

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: OC21124382

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    Original single story 2 bedroom 2 bathroom beach home on R2 lot. Located three houses south from 15th street with small front patio. No view as it sits today but with creative design could have a bay view from roof deck or remodel with rear rentable unit or increase existing home to 4 bedrooms 3 bathrooms.

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Tax History for 1423 W Bay Ave

Assessed Value (2020): $344,138
Year Land Value Improved Value Assessed Value
2020 $289,168 $54,970 $344,138

Home Value Compared to the Market

This property vs the competition

1423 W Bay Ave sold on June 29, 2022 for 24.46% 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 $2576.04 per/sqft which puts the price per square foot 89.41% higher than the current median sale per square foot for the city of Newport Beach.

About 1423 W Bay Ave

Detailed summary of property

1423 W Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 2 bedrooms, 2 bathrooms, roughly 1,085 living square feet, and sits on an approximately 2,700 square foot lot. 1423 W Bay Ave was first listed on ArdentRealEstateGroup.com on March 28, 2022. The homeowner sold the property for $2,600,000. 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 24.46% lower than the current median priced home. Local homes that are currently for sale include 4427 W Coast #13, 1627 Cornwall Ln and 12 Land Fall Court. While the average home in Newport Beach, CA is selling in 77 days, 1423 W Bay Ave has a days on market of 71 days. There are currently 298 homes for sale in the Newport Beach real estate market and 223 of them are single family homes while 64 of them are condos and 11 are townhomes. For more information on this home for sale at 1423 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 1423 W Bay Ave

Public county record property details
Beds
2
Baths
2
Year built
1937
Sq. Ft.
1,085
Lot Size
2,700
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
3
APN
047-223-03

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
$6,695,000
Median List Price/Sq.Ft.
$2,144
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
50
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 1423 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.