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

$5,200 Leased Price as of 04/02/2020
  • 3 Beds
  • 2 Baths
  • 1,158 Sq.Ft.
Leased
$5,200 Leased Price as of 04/02/2020 Refinance Your Mortgage
Map preview of 508 W Bay Ave, Newport Beach, CA 92661

Property Overview: 508 W Bay Ave Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,158 living square feet and 2,130 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This cute beach cottage sits in the location of your dreams. One block from both the beach and bay, along with walking distance to the fun zone! This home has a white picket fence, along with an outdoor area and porch in front. Walk into a spacious living and dining room, followed by a good sized kitchen with bar seating. In the original floor plan of this home, you will find two bedrooms which easily fit queen beds, along with a bathroom between the rooms (not a jack & jill). Head towards the back, there is a stackable washer / dryer combo, leading into the master suite, fitted with a large closet, master bedroom and cozy bathroom all to yourself. Out back you will find a nice brick outdoor area, plenty of room to BBQ, and lounge. This place is perfect to have your family and friends over, in one of the best locations in Newport Beach. You'll have a short bike ride to world class shopping and dinning; don't miss out on this one of a kind opportunity!!

Listed by Garrett Laos | BRE #01969309 | Compass
Last checked: 10 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
2,130
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Single Family Home
Status
Leased
MLS#
OC20047768
City
Newport Beach
County
Orange
Time on Site
1384 days

Property Details for 508 W Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Dining Room
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Sprinklers
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Patio Home, Sprinkler System, Walkstreet, Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04805219
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Major Cross Streets: W Balboa Ave & Island Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks, Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 508 W Bay Ave

Last leased for $5,200 on April 2nd, 2020

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: OC20184572

    $6,200

    Price

  • Feb 25, 2021

    Date

    Withdrawn

    CRMLS: OC20184572

    $6,200

    Price

  • Jan 25, 2021

    Date

    Price Change

    CRMLS: OC20184572

    $6,200

    Price

  • Sep 8, 2020

    Date

    Price Change

    CRMLS: OC20184572

    $5,800

    Price

  • Sep 8, 2020

    Date

    Price Change

    CRMLS: OC20184572

    $6,000

    Price

  • Sep 5, 2020

    Date

    Active

    CRMLS: OC20184572

    $5,300

    Price

  • Listing provided courtesy of CRMLS

    Be the first to live in the completely remodeled beach cottage. This property sits one block from both the beach and bay, along with a two minute walk to the fun zone! This home has a white picket fence, along with an outdoor area and porch in front. Walk into a spacious living and dining room, followed by a good sized kitchen with bar seating. You will find two bedrooms which easily fit queen beds, along with a bathroom between the rooms (not a jack & jill). Head towards the back, there is a stackable washer / dryer combo, leading into the master suite, fitted with a large closet, and newly renovated bathroom. Out back you will find a nice brick outdoor area, plenty of room to BBQ and lounge. This place is perfect to have your family and friends over, in one of the best locations in Newport Beach. You'll have a short bike ride to world class shopping dinning and etnertainment; don't miss out on this beautifully renovated home.

  • April, 2020

  • Apr 14, 2020

    Date

    Leased

    CRMLS: OC20047768

    $5,200

    Price

  • Mar 4, 2020

    Date

    Active

    CRMLS: OC20047768

    $5,200

    Price

  • July, 2019

  • Jul 3, 2019

    Date

    Leased

    CRMLS: OC19125658

    $4,800

    Price

  • Jun 18, 2019

    Date

    Active

    CRMLS: OC19125658

    $4,800

    Price

  • Jun 18, 2019

    Date

    Pending

    CRMLS: OC19125658

    $4,800

    Price

  • Jun 8, 2019

    Date

    Price Change

    CRMLS: OC19125658

    $4,800

    Price

  • May 30, 2019

    Date

    Active

    CRMLS: OC19125658

    $5,200

    Price

  • Listing provided courtesy of CRMLS

  • September, 2018

  • Sep 14, 2018

    Date

    Sold

    CRMLS: NP18023720

    $1,250,000

    Price

  • Aug 9, 2018

    Date

    Active Under Contract

    CRMLS: NP18023720

    $1,375,000

    Price

  • Jul 25, 2018

    Date

    Active

    CRMLS: NP18023720

    $1,375,000

    Price

  • Jul 16, 2018

    Date

    Active Under Contract

    CRMLS: NP18023720

    $1,375,000

    Price

  • Jul 9, 2018

    Date

    Price Change

    CRMLS: NP18023720

    $1,375,000

    Price

  • May 25, 2018

    Date

    Price Change

    CRMLS: NP18023720

    $1,459,999

    Price

  • Mar 22, 2018

    Date

    Price Change

    CRMLS: NP18023720

    $1,499,999

    Price

  • Feb 1, 2018

    Date

    Active

    CRMLS: NP18023720

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Great Peninsula location! This adorable vintage Balboa cottage offers an open floor plan with a "Great Room" feel and an abundance of light throughout. This single level home is located in one of the best areas on the Peninsula. Live in it as is or build your dream home. Only a block from the Edgewater bayfront path that takes you to the Fun Zone and Balboa Island Ferry. Walking distance to Balboa Island, the crashing waves, Restaurants and bars, Duffy and boat rentals, fishing, sailing, paddle boarding, surfing and swimming. Enjoy a bike ride to the Newport Pier and beyond. This location is all about lifestyle....Make it yours!

  • September, 2018

  • Sep 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

Show More

Tax History for 508 W Bay Ave

Assessed Value (2020): $1,275,000
Year Land Value Improved Value Assessed Value
2020 $1,244,595 $30,405 $1,275,000

Home Value Compared to the Market

This property vs the competition

508 W Bay Ave has recently been leased in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,760 for the down payment and will need roughly $85,976 for closing costs on top of the down payment.

About 508 W Bay Ave

Detailed summary of property

508 W Bay Ave is a single family home that was recently leased in Newport Beach, CA 92661. This house offered 3 bedrooms, 2 bathrooms, roughly 1,158 living square feet, and sits on an approximately 2,130 square foot lot. 508 W Bay Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner leased the property for $5,200. While the average home in Newport Beach, CA is selling in 74 days, 508 W Bay Ave has a days on market of 26 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. Local homes that are currently for sale include 613 E Balboa Blvd #A, 615 E Balboa #A and 615 E Balboa. For more information on this home for lease at 508 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 508 W Bay Ave

Public county record property details
Beds
2
Baths
1
Year built
1927
Sq. Ft.
1,158
Lot Size
2,130
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
91
APN
048-052-19

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 508 W Bay Ave

Nearby Homes for Sale

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Homes for Lease Near 508 W Bay Ave

Nearby Homes for Lease

306 E Oceanfront #A, Newport Beach, CA 92661
$5,000
1 Beds
1 Baths
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306 E Oceanfront #A
Newport Beach, CA 92661
211 Cypress St. #A, Newport Beach, CA 92661
$4,395
2 Beds
1 Baths
948 Sq.Ft.
211 Cypress St. #A
Newport Beach, CA 92661
904 W Balboa Blvd #A, Newport Beach, CA 92661
$5,695
3 Beds
2 Baths
1800 Sq.Ft.
904 W Balboa Blvd #A
Newport Beach, CA 92661
1116 W Balboa Blvd #B, Newport Beach, CA 92661
$4,295
2 Beds
1 Baths
830 Sq.Ft.
1116 W Balboa Blvd #B
Newport Beach, CA 92661

Recently Leased Homes Near 508 W Bay Ave

306 Lindo Ave, Newport Beach, CA 92661
$3,745 Last Leased Price
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1 Baths
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306 Lindo Ave
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517 W Bay Avenue, Newport Beach, CA 92661
$6,500 Last Leased Price
3 Beds
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517 W Bay Avenue
Newport Beach, CA 92661
517 W Bay Avenue #Upper, Newport Beach, CA 92661
$7,500 Last Leased Price
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517 W Bay Avenue #Upper
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511 W Balboa Blvd, Newport Beach, CA 92661
$7,000 Last Leased Price
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511 W Balboa Blvd
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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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