550 S Bay Front, Newport Beach, CA 92662
Image 2 for 550 S Bay Front, Newport Beach, CA 92662
Image 3 for 550 S Bay Front, Newport Beach, CA 92662
View Photos

550 S Bay Front Newport Beach, CA 92662

$7,325,000 Sold Price as of 03/23/2022
  • 4 Beds
  • 3 Baths
  • 2,039 Sq.Ft.
Sold
$7,325,000 Sold Price as of 03/23/2022 Refinance Your Mortgage

Map preview of 550 S Bay Front, Newport Beach, CA 92662

Property Overview: 550 S Bay Front Newport Beach, CA has 4 bedrooms, 3 bathrooms, 2,039 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: On the market for the first time in decades, 550 South Bay Front offers a chance to enjoy the quintessential Balboa Island lifestyle. Featuring 30’ of bay frontage and beach access, this home offers the coveted Balboa Pavilion as well as Boat Parade views. The charming brick front patio overlooks the famed boardwalk and serves as an ideal place for entertaining while enjoying the coastal breeze. The interior of this four bedroom, three bathroom home abounds in charm. The large main level living room features an oversized window that frames the famous views, as well as built in cabinetry and a fireplace perfect for the colder weather months. The open, bright floor plan continues with a large dining area which opens to an updated kitchen with a breakfast nook. A full bathroom can also be found on the main level. A detached two car garage and a utility room with plenty of storage round out the ground floor. Two of the upstairs bedrooms are located in the front of the residence and feature spectacular views of the water, while the remaining ones offer a more private setting. Two bathrooms and a large back deck complete the upper level of this approximately 2,039 square foot home.

Listed by Timothy Carr | BRE #01017277 | Villa Real Estate
Last checked: 16 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP22010034
City
Newport Beach
County
Orange
Time on Site
828 days

Property Details for 550 S Bay Front

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Individual Room, Outside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Flooring: Carpet, Wood
  • All Bedrooms Up, Kitchen, Living Room, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Utility sink
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Recessed Lighting
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
  • No Attached Garage
Lot Information
  • Lot Features: Patio Home
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05006214
  • Year Built Source: Assessor
  • Architectural Style: Cape Cod
  • 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 Island - Main Island (BALM)
  • Directions: On the corner of Collins and S. Bayfront
Neighborhood Information
  • Community Features: Fishing, Watersports, Sidewalks
View more facts & features

Local Newport Beach Agent

Loading...

Sale History for 550 S Bay Front

Last sold for $7,325,000 on March 23rd, 2022
  • March, 2022

  • Mar 23, 2022

    Date

    Sold

    CRMLS: NP22010034

    $7,325,000

    Price

  • Feb 10, 2022

    Date

    Price Change

    CRMLS: NP22010034

    $7,595,000

    Price

  • March, 1995

  • Mar 13, 1995

    Date

    Sold (Public Records)

    Public Records

    $1,230,000

    Price

Show More

Tax History for 550 S Bay Front

Assessed Value (2020): $1,838,992
Year Land Value Improved Value Assessed Value
2020 $1,747,042 $91,950 $1,838,992

Home Value Compared to the Market

This property vs the competition

550 S Bay Front sold on March 23, 2022 for 189.22% 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 $3724.87 per/sqft which puts the price per square foot 247.14% higher than the current median sale per square foot for the city of Newport Beach.

About 550 S Bay Front

Detailed summary of property

550 S Bay Front is a single family home that recently sold in Newport Beach, CA 92662. This house offered 4 bedrooms, 3 bathrooms, roughly 2,039 living square feet, and sits on an approximately 2,614 square foot lot. 550 S Bay Front was first listed on ArdentRealEstateGroup.com on January 18, 2022. The homeowner sold the property for $7,325,000. 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 189.22% higher than the current median priced home. Local homes that are currently for sale include 1740 E Ocean Blvd, 426 Belvue Ln and 441 seville. While the average home in Newport Beach, CA is selling in 75 days, 550 S Bay Front has a days on market of 34 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 550 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 550 S Bay Front

Public county record property details
Beds
--
Baths
--
Year built
1925
Sq. Ft.
2,039
Lot Size
2,137
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
050-062-14

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
$4,949,000
Median List Price/Sq.Ft.
$2,362
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
9
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.