1519 E Bay Ave, Newport Beach, CA 92661
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1519 E Bay Ave Newport Beach, CA 92661

$15,500,000 Sold Price as of 01/04/2024
  • 4 Beds
  • 5.5 Baths
  • 3,138 Sq.Ft.
Sold
$15,500,000 Sold Price as of 01/04/2024 Refinance Your Mortgage

Map preview of 1519 E Bay Ave, Newport Beach, CA 92661

Property Overview: 1519 E Bay Ave Newport Beach, CA has 4 bedrooms, 5.5 bathrooms, 3,138 living square feet and 8,595 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: An iconic bayfront home on Peninsula Point. 1519 East Bay Ave. presents an extraordinary opportunity to acquire one of Newport’s most exceptional waterfront properties. Occupying a 45-foot corner lot, this prized parcel boasts seamless indoor-outdoor living spaces, luxurious amenities, a private beach; as well as a private dock suitable for multiple yachts; two up to 57-feet and one up to 25’. Completed in 2022, the home takes full advantage of its north-facing position with virtually all rooms embracing city lights and harbor views. Ideally configured for relaxed family living and large-scale entertaining, the vast open floor plan transitions seamlessly between inside and out with custom bi-fold doors that span the width of the home embracing the glorious views. An open plan kitchen is appointed with designer finishes including a La Cornue range, Thermador refrigerator, and a wine fridge. The kitchen also features a convenient butler's pantry, while the center island serves as both a dining and entertaining hub. In the living room, you'll discover tastefully crafted built-in cabinetry, perfectly complementing the fireplace that graces the living area. The home is comprised of 4 en-suite bedrooms including an extravagant primary suite retreat with panoramic harbor views, high beamed ceilings, fireplace, and a designer bath with a freestanding tub, heated floors, and walk in shower. With prized boating facilities and direct frontage to Newport’s iconic harbor, this dream home is quiet and private, yet just moments from the Wedge, Balboa Island Ferry and world-class shopping and dining.

Listed by Matilda Lumpkin | BRE #02121578 | Arbor Real Estate
Last checked: 11 minutes ago | Last updated: January 6th, 2024 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
8,595
HOA Dues
$0/mo
Year built
2022
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23199920
City
Newport Beach
County
Orange
Time on Site
235 days

Property Details for 1519 E Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 2
  • Eating Area: In Living Room
  • Flooring: Wood
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Instant Hot Water, Refrigerator
  • Kitchen Island, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
Interior Features
  • Wet Bar
  • Levels: Two
Exterior Features
Exterior Information
  • Boat Slip
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Plans
  • Common Interest: None
Property Information
  • Has View
  • View: Harbor
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04818223
  • Year Built Source: Builder
  • Entry Level: 1
  • 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
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: S on Newport Blvd, continue onto W Balboa Blvd, continue onto E Balboa Blvd, left at H Street.
Neighborhood Information
  • Community Features: Curbs, Park
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Sale History for 1519 E Bay Ave

Last sold for $15,500,000 on January 4th, 2024
  • January, 2024

  • Jan 4, 2024

    Date

    Sold

    CRMLS: NP23199920

    $15,500,000

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: NP23199920

    $16,850,000

    Price

  • December, 2023

  • Dec 5, 2023

    Date

    Expired

    CRMLS: NP23055556

    $55,000

    Price

  • Apr 6, 2023

    Date

    Active

    CRMLS: NP23055556

    $65,000

    Price

  • Listing provided courtesy of CRMLS

    You are invited to experience this beautiful Eastern Seaboard Peninsula Point Bayfront home! This luxurious fully furnished slice of paradise sits on a corner lot with a private beach and lush manicured lawn. Offering fabulous harbor views and spectacular sunsets. The open floor plan transitions seamlessly between inside and out with custom bi-fold doors leading to a large deck for entertaining or simply relaxing and watching the world go by. There is a garden equipped with a fountain and BBQ with wine fridge… ideal for curling up with a magazine or book! The expansive master retreat boasts panoramic water views enhanced by high beamed ceilings, fireplace, walk-in closet and a designer master bath with a freestanding tub and walk in shower. Residents can enjoy use of Duffy, beach chairs, kayaks, two beach bikes and stand-up paddle boards. Make this newly built beach paradise yours and enjoy Newport Beach’s world-renowned yachting and iconic beaches. Slip available for a boat up to 42 feet as a lease add-on.

  • October, 2023

  • Oct 26, 2023

    Date

    Canceled

    CRMLS: NP23136484

    $18,900,000

    Price

  • Jul 27, 2023

    Date

    Active

    CRMLS: NP23136484

    $18,900,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your dream waterfront retreat! This stunning residence, completed in 2022, offers an unparalleled coastal living experience. Positioned on a spacious 45-foot lot, this property boasts luxurious amenities, a private dock suitable for a 56-foot boat as well as two outside docks, a private beach, and seamless indoor-outdoor living spaces. Situated on a corner lot, the residence offers enhanced privacy and a sense of openness. As you step inside the home, a welcoming foyer greets you, unveiling a serene side garden adorned with a fountain. The foyer seamlessly connects to various essential spaces, including two elegant powder rooms, a convenient laundry area and easy access to the garage via the mud room. The kitchen is a culinary enthusiast's delight, boasting a La Cornue range, Thermador refrigerator, and a wine fridge. The kitchen also features a convenient butler's pantry, while the center island serves as both a dining and entertaining hub. In the living room, you'll discover tastefully crafted built-in cabinetry, perfectly complementing the fireplace that graces the living area. The open floor plan transitions seamlessly between inside and out with custom bi-fold doors leading to a large deck for entertaining. Outside you will find a built-in 36-inch BBQ and beverage fridge. The second floor offers four en-suite bedrooms, including an expansive master retreat showcasing panoramic water views enhanced by high beamed ceilings, a fireplace, walk-in closet and a designer master bath with a freestanding tub and walk in shower. Showcasing breathtaking views down the harbor and city lights of Fashion Island, this home’s location on Peninsula Point is second to none. 1519 E Bay is timeless masterpiece featuring an Eastern Seaboard architectural style that effortlessly celebrates the essence of coastal living.

  • January, 1994

  • Jan 26, 1994

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

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Tax History for 1519 E Bay Ave

Assessed Value (2020): $2,719,797
Year Land Value Improved Value Assessed Value
2020 $2,582,849 $136,948 $2,719,797

Home Value Compared to the Market

This property vs the competition

1519 E Bay Ave sold on January 4, 2024 for 423.29% higher than the current median sold price for the city of Newport Beach which is $3,220,000. The median sold price per/sqft for Newport Beach is $1,343 and this home is sold at $5369.66 per/sqft which puts the price per square foot 299.83% higher than the current median sale per square foot for the city of Newport Beach.

About 1519 E Bay Ave

Detailed summary of property

1519 E Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 5.5 bathrooms, roughly 3,138 living square feet, and sits on an approximately 8,595 square foot lot. 1519 E Bay Ave was first listed on ArdentRealEstateGroup.com on October 26, 2023. The homeowner sold the property for $15,500,000. Home in Newport Beach are selling for a median price of $3,220,000 and a median price per square foot of $1,343. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 423.29% higher than the current median priced home. Local homes that are currently for sale include 1200 S Arroyo Blvd, 972 Linda Vista Ave and 524 S Muirfield Rd. While the average home in Newport Beach, CA is selling in 84 days, 1519 E Bay Ave has a days on market of 19 days. There are currently 296 homes for sale in the Newport Beach real estate market and 223 of them are single family homes while 63 of them are condos and 10 are townhomes. For more information on this home for sale at 1519 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 1519 E Bay Ave

Public county record property details
Beds
7
Baths
3
Year built
1925
Sq. Ft.
2,618
Lot Size
8,595
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
9
APN
048-182-23

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
$6,799,000
Median List Price/Sq.Ft.
$2,144
Median Sold Price
$5,350,000
Median Sold Price/Sq.Ft.
$2,599
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 1519 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.