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8 Bay Island, Newport Beach, CA 92661
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8 Bay Island Newport Beach, CA 92661

$8,700,000 Sold Price as of 06/17/2019
  • 4 Beds
  • 4.5 Baths
  • 3,032 Sq.Ft.
Sold
$8,700,000 Sold Price as of 06/17/2019 Refinance Your Mortgage
Map preview of 8 Bay Island, Newport Beach, CA 92661

Property Overview: 8 Bay Island Newport Beach, CA has 4 bedrooms, 4.5 bathrooms, 3,032 living square feet and 3,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tucked away on an undisturbed private island of just 23 homes is this idyllic 4-br, 4.5-ba harbor front estate with sandy bay beach and designated boat slip just beyond its walls. Panoramic views of the harbor evoke a sense of peace and tranquility from within the home, as is felt across the island which is a welcomed escape from the buzzing beach activity past its gate. Flanked by stone pathways, mature landscaping, ledge stone and shingle siding, the Eastern-seaboard style home presents a charming façade that is both timeless and welcoming. An extensive renovation (2008) is evident upon entry into the home showcasing designer lighting, gleaming wood floors and custom millwork. Two tankless water heaters, updated plumbing and electrical (2008), thermal windows and insulation were among other upgrades. Measuring more than 3,000 SF, the estate enjoys an effortless flow between the harbor-view living room with built-in audio, chef’s kitchen with dual dishwashers and wine refrigerator, and dining room, as well as, a lower level office with en suite bath. The second level reveals a flex space and 4 bedrooms including the master suite fit with fireplace, dual closets, soaking tub and Juliet balcony overlooking the bay. Completing the residence is an outdoor shower and picturesque patio with views extending across the harbor to Fashion Island. A tennis court and botanical garden are additional highlights of an exclusive, sequestered life on Bay Island in the heart of Newport Beach.

Listed by Tim Smith | BRE #01346878 | Coldwell Banker Res. Brokerage
Last checked: 4 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
3,504
HOA Dues
$1792/mo
Year built
1966
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP19094537
City
Newport Beach
County
Orange
Time on Site
1380 days

Property Details for 8 Bay Island

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom, Gas
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Carpet, Wood
  • Entry, Family Room, Foyer, Jack & Jill, Kitchen, Laundry, Living Room, Master Suite, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Freezer, Gas Range, Ice Maker, Microwave, Refrigerator
  • Kitchen Island, Kitchen Open to Family Room, Stone Counters, Utility sink
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 1
Interior Features
  • Beamed Ceilings, Built-in Features, Ceiling Fan(s), Recessed Lighting, Stone Counters, Storage, Wainscoting, Wired for Sound
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Boat Slip
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Community Structure
  • No Attached Garage
Lot Information
  • Lot Features: Park Nearby, Walkstreet
  • Lot Size Source: See Remarks
Property Information
  • Has View
  • View: Harbor, Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Year Built Source: Estimated
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bay Island Club
  • Association Fee: $7,166 (Quarterly)
  • Association Amenities: Tennis Court(s), Maintenance Grounds, Controlled Access
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Bay Island (BISL)
  • Directions: PCH to Balboa Blvd. Make a left on Island. Cross Streets: Balboa Blvd / Island
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 8 Bay Island

Last sold for $8,700,000 on June 17th, 2019

  • June, 2019

  • Jun 19, 2019

    Date

    Sold

    CRMLS: NP19094537

    $8,700,000

    Price

  • May 23, 2019

    Date

    Active Under Contract

    CRMLS: NP19094537

    $8,495,000

    Price

  • Apr 29, 2019

    Date

    Active

    CRMLS: NP19094537

    $8,495,000

    Price

Tax History for 8 Bay Island

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

8 Bay Island sold on June 17, 2019 for 223.5% 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 $2801.78 per/sqft which puts the price per square foot 161.12% higher than the current median sale per square foot for the city of Newport Beach.

About 8 Bay Island

Detailed summary of property

8 Bay Island is a single family home that recently sold in Newport Beach, CA 92661. This house offered 4 bedrooms, 4.5 bathrooms, roughly 3,032 living square feet, and sits on an approximately 3,504 square foot lot. 8 Bay Island was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $8,700,000. 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 223.5% higher than the current median priced home. Local homes that are currently for sale include 501 L St, 1701 E Balboa Blvd and 504 Evening Star Ln. This home does have a Homeowners Association and the monthly fee is $1,792 per month. While the average home in Newport Beach, CA is selling in 72 days, 8 Bay Island has a days on market of 22 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 8 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 8 Bay Island

Public county record property details
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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%)

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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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