1502 S Bay Front, Newport Beach, CA 92662
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1502 S Bay Front Newport Beach, CA 92662

$5,670,000 Sold Price as of 08/13/2019
  • 4 Beds
  • 5 Baths
  • 2,893 Sq.Ft.
Sold
$5,670,000 Sold Price as of 08/13/2019 Refinance Your Mortgage

Map preview of 1502 S Bay Front, Newport Beach, CA 92662

Property Overview: 1502 S Bay Front Newport Beach, CA has 4 bedrooms, 5 bathrooms, 2,893 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Truly a once in a lifetime opportunity. This Little Island property is located on Balboa Island’s “Gold Coast” and is offered for the first time in nearly 50 years. Only 18 homes populate this very exclusive stretch of South Bay Front and rarely are any offered for sale. The Gold Coast is where legacy properties are found, held by families for generations, providing more privacy and less foot traffic than other parts of Balboa Island. Truly special, this home faces the bay and beach front. South facing, one parcel off Grand Canal with expansive water views on one of the widest parts of Newport Harbor. Originally built as a duplex, it has since been used as a single family home with two kitchens, four bedrooms and five baths. Very livable, but some may choose to remodel or build new. Easy access on and off the island.

Listed by Tony Bartos | BRE #01207153 | Pacific Sotheby's Int'l Realty
Co-listed by Gay Proud | BRE #00930694 | Coldwell Banker Res. Brokerage
Last checked: 2 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
1972
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP19099573
City
Newport Beach
County
Orange
Time on Site
1346 days

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Property Details for 1502 S Bay Front

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Carpet
  • Kitchen, Living Room, Main Floor Master Bedroom
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Disposal, Gas Range, Microwave
Bathroom Information
  • # of Baths (Full): 5
Interior Features
  • Balcony, Beamed Ceilings, Ceiling Fan(s), Ceramic Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Patio
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: Level with Street, Rectangular Lot, Level
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, Coastline, Harbor, Ocean, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05018126
  • Year Built Source: Assessor
  • Architectural Style: Custom Built
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Additions/Alterations, Building Permit, Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected, Underground Utilities, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Lincoln
  • Elementary School: LINCOL
  • Middle/Junior High School: Corona Del Mar
  • Middle/Junior High School: CODEMA
  • High School: Corona Del Mar
  • High School: CODEMA
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Little Island (BALL)
  • Directions: Marine to Park, Right on Grand Canal to South Bay Front.
Neighborhood Information
  • Community Features: Fishing, Watersports, Sidewalks, Storm Drains
View more facts & features

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Sale History for 1502 S Bay Front

Last sold for $5,670,000 on August 13th, 2019
  • August, 2019

  • Aug 13, 2019

    Date

    Sold

    CRMLS: NP19099573

    $5,670,000

    Price

  • Jul 20, 2019

    Date

    Pending

    CRMLS: NP19099573

    $6,295,000

    Price

  • Jun 19, 2019

    Date

    Active

    CRMLS: NP19099573

    $6,295,000

    Price

  • May 21, 2019

    Date

    Active Under Contract

    CRMLS: NP19099573

    $6,295,000

    Price

  • May 18, 2019

    Date

    Hold

    CRMLS: NP19099573

    $6,295,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: NP19099573

    $6,295,000

    Price

  • August, 2019

  • Aug 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $5,670,000

    Price

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Tax History for 1502 S Bay Front

Assessed Value (2020): $366,230
Year Land Value Improved Value Assessed Value
2020 $241,712 $124,518 $366,230

Home Value Compared to the Market

This property vs the competition

1502 S Bay Front sold on August 13, 2019 for 142.12% higher than the current median sold price for the city of Newport Beach which is $2,600,000. The median sold price per/sqft for Newport Beach is $1,282 and this home is sold at $2175.94 per/sqft which puts the price per square foot 69.73% higher than the current median sale per square foot for the city of Newport Beach.

About 1502 S Bay Front

Detailed summary of property

1502 S Bay Front is a single family home that recently sold in Newport Beach, CA 92662. This house offered 4 bedrooms, 5 bathrooms, roughly 2,893 living square feet, and sits on an approximately 2,550 square foot lot. 1502 S Bay Front was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $5,670,000. Home in Newport Beach are selling for a median price of $2,600,000 and a median price per square foot of $1,282. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 142.12% higher than the current median priced home. Local homes that are currently for sale include 108 Via Undine, 1027 W Bay Ave and 1027 W Bay Ave #B. While the average home in Newport Beach, CA is selling in 78 days, 1502 S Bay Front has a days on market of 50 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. For more information on this home for sale at 1502 S Bay Front Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1502 S Bay Front

Public county record property details
Beds
--
Baths
--
Year built
1972
Sq. Ft.
2,880
Lot Size
2,787
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
050-181-26

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,200,000
Median List Price/Sq.Ft.
$2,496
Median Sold Price
$6,505,000
Median Sold Price/Sq.Ft.
$2,028
Total Inventory
9
Median Sale to List Price %
95.73%
Avg Days on Market
76
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.