1707 E Bay Ave, Newport Beach, CA 92661
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1707 E Bay Ave Newport Beach, CA 92661

$7,200,000 Sold Price as of 08/28/2020
  • 5 Beds
  • 4 Baths
  • 3,615 Sq.Ft.
Sold
$7,200,000 Sold Price as of 08/28/2020 Refinance Your Mortgage

Map preview of 1707 E Bay Ave, Newport Beach, CA 92661

Property Overview: 1707 E Bay Ave Newport Beach, CA has 5 bedrooms, 4 bathrooms, 3,615 living square feet and 4,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This magnificent, 1928 Spanish Colonial Revival bayfront Villa was designed by Wallace Neff, the renowned “Architect of California’s Golden Age,” and is a prime example of his mastery for scale and proportion and the romance and theatrical flair that his homes typically embody. Believed to be one of only two homes built by Neff in Orange County, and retaining the best of its finest old world materials including genuine Malibu Pottery tile, thick masonry walls, and heavy hand-hewn beams, the original Villa was completely restored in 2003, adding modern safety, conveniences and luxury; yet, retaining all of its unique charm and historic landmark status. Set on a prime bayfront lot in Balboa’s Peninsula Point neighborhood, with spectacular views of Newport Harbor, the night lights of Fashion Island and all of the activity of the harbor, the home is larger than current code allows and the tallest residential structure on the Peninsula, soaring to four stories, and features an intimate courtyard entry, a lower level game room, a huge outdoor tiled patio with tiled water features, a second floor living area with a fireplace emblazoned with a whimsical crest, an outdoor dining area, an abundant sized period kitchen, a family room with a fireplace, five bedroom suites, a waterfront master suite, a fanciful “crow’s nest” room, a roof top deck and a private pier & slips for two boats, one to 60’. This historic architectural masterpiece is a once in a lifetime opportunity of ownership.

Listed by Steve High | BRE #00936421 | Villa Real Estate
Co-listed by Evan Corkett | BRE #00468496 | Villa Real Estate
Last checked: 1 minute ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 377

Home details

Lot Sq. Ft
4,810
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
LG19188205
City
Newport Beach
County
Orange
Time on Site
1382 days

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Property Details for 1707 E Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Master Retreat
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Flooring: Tile, Wood
  • Bonus Room, Family Room, Guest/Maid's Quarters, Kitchen, Master Bathroom, Master Suite
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Refrigerator
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (3/4): 1
Interior Features
  • Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Ceramic Counters, Elevator, High Ceilings, Living Room Balcony, Living Room Deck Attached, Tile Counters
  • Levels: Three Or More
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Boat Slip, Dock Private, Pier, Boat Slip
  • Has Fence
  • Wrought Iron
  • Other Structures: Guest House Attached
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Tile
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: Rectangular Lot, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Pier, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04823229
  • Year Built Source: Estimated
  • Architectural Style: Spanish
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
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: Balboa Blvd to H Street left to E Bay Ave.
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Watersports, Urban
View more facts & features

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Sale History for 1707 E Bay Ave

Last sold for $7,200,000 on August 28th, 2020
  • August, 2020

  • Aug 31, 2020

    Date

    Sold

    CRMLS: LG19188205

    $7,200,000

    Price

  • Aug 19, 2020

    Date

    Pending

    CRMLS: LG19188205

    $7,850,000

    Price

  • Mar 6, 2020

    Date

    Price Change

    CRMLS: LG19188205

    $7,850,000

    Price

  • Aug 7, 2019

    Date

    Active

    CRMLS: LG19188205

    $8,750,000

    Price

  • August, 2020

  • Aug 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $7,200,000

    Price

  • March, 2020

  • Mar 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $3,600,000

    Price

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Tax History for 1707 E Bay Ave

Assessed Value (2020): $3,569,610
Year Land Value Improved Value Assessed Value
2020 $2,803,522 $766,088 $3,569,610

Home Value Compared to the Market

This property vs the competition

1707 E Bay Ave sold on August 28, 2020 for 112.16% higher 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 $2171.51 per/sqft which puts the price per square foot 59.67% higher than the current median sale per square foot for the city of Newport Beach.

About 1707 E Bay Ave

Detailed summary of property

1707 E Bay Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 5 bedrooms, 4 bathrooms, roughly 3,615 living square feet, and sits on an approximately 4,810 square foot lot. 1707 E Bay Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $7,200,000. 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 112.16% higher than the current median priced home. Local homes that are currently for sale include 421 E Edgewater, 417 E Balboa Blvd and 211 E Edgewater Ave. While the average home in Newport Beach, CA is selling in 74 days, 1707 E Bay Ave has a days on market of 377 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 1707 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 1707 E Bay Ave

Public county record property details
Beds
4
Baths
3
Year built
2003
Sq. Ft.
3,615
Lot Size
4,990
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
4
APN
048-232-29

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
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
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 1707 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.