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18 Bay Island, Newport Beach, CA 92661
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18 Bay Island Newport Beach, CA 92661

$15,200,000 Sold Price as of 01/08/2024
  • 4 Beds
  • 6.5 Baths
  • 4,539 Sq.Ft.
Sold
$15,200,000 Sold Price as of 01/08/2024 Refinance Your Mortgage
Map preview of 18 Bay Island, Newport Beach, CA 92661

Property Overview: 18 Bay Island Newport Beach, CA has 4 bedrooms, 6.5 bathrooms, 4,539 living square feet and 3,392 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: With the allure of one of Newport Beach’s most coveted and hard-to-obtain addresses, a prized waterfront setting, private dock, and an extensive remodel that preserves its timeless appeal while incorporating sophisticated modern luxuries, this Bay Island home is a genuine rarity. Destined to sell quickly, the refreshingly light and welcoming residence is 95% new and greets friends and loved ones with a covered front porch and patio. Breathtaking bay views impress from the entry, which leads to open living and entertaining spaces that include a dining room, and a great room with custom built-ins, a fireplace, and slideaway glass doors leading to a balcony with panoramic water views. Passing sailboats, awe-inspiring yachts and shimmering evening lights reflecting on the bay create a backdrop for unsurpassed Newport Beach living. Open to the great room, a chef-caliber Leicht kitchen presents a spacious island, custom contemporary cabinetry and countertops, illuminated glass uppers and Gaggenau appliances. Four en suite bedrooms and six- and one-half baths are featured throughout nearly 4,539 square feet and include a main-level bedroom and two secondary bedrooms that open to a top-floor balcony with community-garden views. Private, opulent and poised to maximize dramatic bayfront views, the residence’s primary suite beckons with a fireplace-warmed sitting area, vaulted open-beam ceiling, covered waterfront view balcony, an office, two walk-in closets, and separate baths, with one boasting a freestanding tub and a separate shower. Preferred appointments include a trio of genuine wood-burning fireplaces, which are no longer allowed in new-build Newport Beach homes, Waterworks fixtures and lighting, Belgian 12"-wide wood-plank flooring, French Zellige tile and Marble in all baths and kitchen, solid wood white oak interior doors and cabinetry, abundant storage, two secured off-island parking spaces, and a lower-level bonus room with access to the backyard, lawn and small beach.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: February 29th, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
3,392
HOA Dues
$2333/mo
Year built
1960
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP23197620
City
Newport Beach
County
Orange
Time on Site
183 days

Virtual Tour

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Property Details for 18 Bay Island

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Primary Bedroom
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Flooring: Wood
  • Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Electric Cooktop, Freezer, Refrigerator
  • Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 6
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Recessed Lighting, Stone Counters
  • Levels: Three Or More
  • Window Features: Custom Covering
  • Security Features: Gated Community
  • Door Features: French Doors, Sliding Doors
Exterior Features
Exterior Information
  • Lighting
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage
  • No Attached Garage
Lot Information
  • Lot Features: Landscaped, Lawn
  • Lot Size Source: Plans
  • Common Interest: Stock Cooperative
Property Information
  • Has View
  • View: Bay, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04804002
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bay Island Club
  • Association Fee: $2,333 (Monthly)
  • Association Amenities: Dock, Tennis Court(s), Maintenance Grounds, Management, Controlled Access
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: Bay Island (BISL)
  • Directions: Balboa Blvd to Island Ave to Bay Island
  • Road Frontage Type: Private Road
Neighborhood Information
  • Community Features: Watersports
View more facts & features

Local Newport Beach Agent

Sale History for 18 Bay Island

Last sold for $15,200,000 on January 8th, 2024

  • January, 2024

  • Jan 8, 2024

    Date

    Sold

    CRMLS: NP23197620

    $15,200,000

    Price

  • Oct 31, 2023

    Date

    Active

    CRMLS: NP23197620

    $15,495,000

    Price

  • March, 2020

  • Mar 31, 2020

    Date

    Sold

    CRMLS: NP20066565

    $9,000,000

    Price

  • Mar 31, 2020

    Date

    Active

    CRMLS: NP20066565

    $9,000,000

    Price

  • Listing provided courtesy of CRMLS

    Sold Off Market. Entered Into MLS For Comp Purposes Only.

  • January, 2020

  • Jan 2, 2020

    Date

    Expired

    CRMLS: NP18286914

    $19,950,000

    Price

  • Dec 6, 2018

    Date

    Active

    CRMLS: NP18286914

    $19,950,000

    Price

  • Listing provided courtesy of CRMLS

    A premier harbor front estate home poised at the tip of enchanting Bay Island - a romantic and refined private enclave of twenty-four residences which enjoy common ownership of resplendent flowering gardens, tennis, and a wide private beach. Here from its landmark promontory location Residence No.12 is defined by a sweeping panorama of intoxicating harbor and city light views and one of the finest yacht accommodations on the waterway. With an alluring, exotic ambiance that pays homage to the South Pacific the residence is finished throughout with exquisite hardwoods, Venetian plaster, and imported limestone. Timeless in its design the four bedroom home of over 5400 square feet flows seamlessly between indoor and outdoor living spaces. Grand-scale rooms allow for abundant entertaining and water views are unveiled at every vantage point. From the inviting courtyard entry to the sensuous bay front spa overlooking the harbor, the property boasts every imaginable amenity including a large basement storage area, an elevator servicing all levels, a rooftop terrace, multiple lanais, and seven fireplaces. Bay Island - an address that invokes the graciousness of a bygone era and a premier lifestyle opportunity to be enjoyed by a fortunate few.

  • September, 2019

  • Sep 28, 2019

    Date

    Sold

    CRMLS: LG19160674

    $8,800,000

    Price

  • Sep 16, 2019

    Date

    Pending

    CRMLS: LG19160674

    $9,250,000

    Price

  • Aug 2, 2019

    Date

    Active Under Contract

    CRMLS: LG19160674

    $9,250,000

    Price

  • Jul 8, 2019

    Date

    Active

    CRMLS: LG19160674

    $9,250,000

    Price

  • Listing provided courtesy of CRMLS

    Originally established in 1903 as a gun club for wealthy Southern Californians, "Bay Island Club," today, is a 5.5 acre, private enclave, laced with mature trees, flowering gardens and verdant lawns, consisting of 23 bayfront residences, with a commonly owned tennis court, caretaker’s cottage, parking structure and wide private sandy beach. Situated in the heart of Newport Harbor, with spectacular views of the Balboa Pavilion, Saddleback Mountain, and the night lights of Fashion Island, this 1993 built waterfront home features six bedrooms, four and one-half baths, a big view deck with storage underneath for kayaks and all the beach gear, a large living room with fireplace, an Island kitchen with Granite countertops, hardwood floors, remodeled baths, an elevator, a spacious master-suite with a retreat and fireplace, a private pier and dock for a 65' boat, & plenty of room for the whole family. This easy-living beach house will remind you of all your favorite memories of summer, think of smores, barbequing, “Balboa bars”, cousins, bunk beds and playing on the beach until dark. All of the fun of Newport Beach is outside your door, swimming, sailing, paddleboarding, bicycling, volleyball, boogeyboarding, watching the holiday boat parade, fine dining on the Balboa Peninsula, strolling the beach boardwalk & playing at the world famous Fun Zone. Bay Island Club is one of the most gracious locations in all of Southern California and is a once in a lifetime opportunity of ownership.

  • September, 2017

  • Sep 28, 2017

    Date

    Sold

    CRMLS: NP17065286

    $6,900,000

    Price

  • Sep 28, 2017

    Date

    Pending

    CRMLS: NP17065286

    $7,495,000

    Price

  • Mar 29, 2017

    Date

    Active

    CRMLS: NP17065286

    $7,495,000

    Price

  • Listing provided courtesy of CRMLS

    Are you looking for the perfect beach house? This classic traditional style Bay Island bayfront home is prominently located on the island’s Eastern Shore with its grassy lawn, wide sandy beach and spectacular views of the Balboa Pavilion, Balboa Island Ferry, Saddleback mountain and night lights of Fashion Island. With simple yet stylish beach house interiors and vintage character, 5 bedrooms and 5 baths, there is room for fun for the whole gang. Few locations or properties in Newport Harbor can invoke those warm feelings of yesteryear like Bay Island and offer a private sandy beach, a newly built boat slip for a 50’ yacht and side ties, access to all the fun of the Balboa Peninsula, and living amongst lush manicured lawns and specimen trees. Bay Island originally began as a gun club in 1903; however, today it is one of Newport Beach's most exclusive addresses - a private enclave of 23 waterfront homes that commonly own a tennis court, private boat slips and lush mature botanical and cutting gardens. One of Southern California's most gracious locations, this premier home is a once in a lifetime opportunity of ownership with close proximity to the Balboa Peninsula’s best beaches, boardwalk, restaurants and world famous Fun Zone.

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Tax History for 18 Bay Island

Assessed Value (2020): $126,669,774
Year Land Value Improved Value Assessed Value
2020 $115,378,482 $11,291,292 $126,669,774

Home Value Compared to the Market

This property vs the competition

18 Bay Island sold on January 8, 2024 for 490.06% 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 $3413.75 per/sqft which puts the price per square foot 218.15% higher than the current median sale per square foot for the city of Newport Beach.

About 18 Bay Island

Detailed summary of property

18 Bay Island is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 6.5 bathrooms, roughly 4,539 living square feet, and sits on an approximately 3,392 square foot lot. 18 Bay Island was first listed on ArdentRealEstateGroup.com on November 1, 2023. The homeowner sold the property for $15,200,000. 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 490.06% higher than the current median priced home. Local homes that are currently for sale include 322 Emerald Bay, 31877 Circle Dr and 32091 Coast Highway. This home does have a Homeowners Association and the monthly fee is $2,333 per month. While the average home in Newport Beach, CA is selling in 72 days, 18 Bay Island has a days on market of 29 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 18 Bay Island 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 18 Bay Island

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
240,886
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
048-040-02

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
$6,595,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
44
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%)

Thinking of Selling?

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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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