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

$9,500,000 Sold Price as of 09/30/2021
  • 3 Beds
  • 3.5 Baths
  • 2,686 Sq.Ft.
Sold
$9,500,000 Sold Price as of 09/30/2021 Refinance Your Mortgage
Map preview of 518 S Bay Front, Newport Beach, CA 92662

Property Overview: 518 S Bay Front Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 2,686 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Balboa Island waterfront lifestyle awaits. This immaculate, turn-key bay front residence was rebuilt from the studs in 2008 by Patterson Custom Homes with a 2020 renovation by Blackband Design. Arguably the best location on the island, the custom Cape Cod-style home sits on a sandy bay beach with unsurpassed views of the world-famous Newport Beach Christmas Boat Parade and the Balboa Pavilion. Offering appx 30 ft of frontage and a private dock with dining area and space for 3 vessels, this designer beach home is your key to the active island lifestyle. The estate is adorned in the highest quality finishes including custom millwork and lighting, Rohl fixtures, slab marble countertops, designer tile accents and drapery treatments. A walk-in butler’s pantry complements the chef’s kitchen fit with high-end appliances including a built-in Miele coffee maker. The open concept kitchen, dining and great rooms flow organically through stacking glass doors to a spacious sunlit patio overlooking the water. Upstairs, a second living space with wet bar is accompanied by a large laundry room, two guest beds & baths, as well as the master suite with walk-in closet, 2-person shower, fireplace, sitting area, and private deck to sit and watch the yachts go by. Abundant storage, automated A/V system, Sonos house audio, and alarm system are additional highlights. Available with custom furnishings, a Duffy boat and 2 jet skis, a lifetime of memories are just days away for the right buyer.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty
Last checked: 9 minutes ago | Last updated: September 30th, 2021 | Source CRMLS | DOM: 253

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
2008
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP20231215
City
Newport Beach
County
Orange
Time on Site
1213 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 518 S Bay Front

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Zoned
Heating Information
  • Has Heating
  • Central, Forced Air, Fireplace(s)
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Flooring: Carpet, Tile, Wood
  • All Bedrooms Up, Entry, Great Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Warming Drawer
  • Butler's Pantry, Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen, Self-closing drawers, Stone Counters, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Bar, Built-in Features, Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wired for Sound
  • Levels: Two
  • Window Features: Custom Covering, Skylight(s)
  • Security Features: Security System, Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Dock Private, Lighting
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door
  • Has Attached Garage
Lot Information
  • Lot Features: Landscaped, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, City Lights, Harbor, Landmark, Marina, Neighborhood, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05005118
  • Year Built Source: See Remarks
  • Architectural Style: Cape Cod, Custom Built
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Head southwest on Agate Ave toward Park Ave, Turn left at the 2nd cross street onto S Bay Front, Home will be on the right
Neighborhood Information
  • Community Features: Curbs, Park, Watersports, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 518 S Bay Front

Last sold for $9,500,000 on September 30th, 2021

  • August, 2021

  • Aug 10, 2021

    Date

    Pending

    CRMLS: NP20231215

    $9,500,000

    Price

  • Jul 27, 2021

    Date

    Active Under Contract

    CRMLS: NP20231215

    $9,500,000

    Price

  • Apr 30, 2021

    Date

    Price Change

    CRMLS: NP20231215

    $9,500,000

    Price

  • Mar 19, 2021

    Date

    Active

    CRMLS: NP20231215

    $9,995,000

    Price

  • Mar 14, 2021

    Date

    Active Under Contract

    CRMLS: NP20231215

    $9,995,000

    Price

  • Mar 14, 2021

    Date

    Pending

    CRMLS: NP20231215

    $9,995,000

    Price

  • Mar 2, 2021

    Date

    Active Under Contract

    CRMLS: NP20231215

    $9,995,000

    Price

  • Nov 16, 2020

    Date

    Active

    CRMLS: NP20231215

    $9,995,000

    Price

  • June, 2014

  • Jun 10, 2014

    Date

    Sold (Public Records)

    Public Records

    $6,550,000

    Price

  • July, 2009

  • Jul 22, 2009

    Date

    Sold (Public Records)

    Public Records

    $5,030,000

    Price

Show More

Tax History for 518 S Bay Front

Assessed Value (2020): $7,161,394
Year Land Value Improved Value Assessed Value
2020 $6,874,938 $286,456 $7,161,394

Home Value Compared to the Market

This property vs the competition

518 S Bay Front sold on September 30, 2021 for 156.76% 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 $3536.86 per/sqft which puts the price per square foot 160.06% higher than the current median sale per square foot for the city of Newport Beach.

About 518 S Bay Front

Detailed summary of property

518 S Bay Front is a single family home that recently sold in Newport Beach, CA 92662. This house offered 3 bedrooms, 3.5 bathrooms, roughly 2,686 living square feet, and sits on an approximately 2,614 square foot lot. 518 S Bay Front was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $9,500,000. 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 156.76% higher than the current median priced home. Local homes that are currently for sale include 110 Via Trieste, 216 Kings Pl and 504 Evening Star Ln. While the average home in Newport Beach, CA is selling in 73 days, 518 S Bay Front has a days on market of 253 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 518 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 518 S Bay Front

Public county record property details
Beds
--
Baths
--
Year built
1926
Sq. Ft.
2,686
Lot Size
2,597
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
050-051-18

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
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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