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Off market
  • $5,081,200

    1005 W Bay Ave, Newport Beach, CA 92661

    0beds
    0baths
    2,405sqft
    SingleFamily
    Built in 1937
    2,744 Square Feet Lot
    $5,081,200 Zestimate®
    $2,113/sqft
    $7,331 Estimated rent

    Home value

    $5,081,200

    $4.42M - $5.95M

    $7,331/mo

    Zestimate® history
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    $31,709/mo

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    What's special

    Panoramic forever views of Newport Harbor and the bay while also being situated just four homes from the ocean~~~s edge on the other side of the Boulevard. This recently remodeled ~~~old world charm~~~ Spanish style R2 property is currently configured with two units and offers the opportunity as an investment property including lucrative weekly rentals. You may choose to enjoy the desirable beach life in one home and rent out the other in this special property packed with amenities. The upper home features three bedrooms, two baths, hardwood floors and sought-after sit down views from the living room, master bedroom and front patio. The lower home features two bedrooms, one bath and porcelain tile throughout. Relax and enjoy your favorite beverage from the large front patio while the yachts, paddle boarders and water enthusiasts pass by. These stunning views cannot be obstructed. Other amenities include an outdoor shower, two-car garage and additional parking for three cars. This property also offers lots of room to expand or revert back to one residence.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Cooling
    • None
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,405 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2,744 Square Feet
    Details
    • Parcel number: 04726410

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1937

    Community & HOA

    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,113/sqft
    • Tax assessed value: $1,976,289
    • Annual tax amount: $21,112

    Price history

    DateEventPrice
    1/2/2014Listing removed$2,780,000$1,156/sqft
    Source: Surterre Properties Inc. #NP13192762 Report a problem
    8/19/2013Price change$2,780,000-5.8%$1,156/sqft
    Source: Surterre Properties Inc. #NP13192762 Report a problem
    7/18/2013Listed for sale$2,950,000+112.2%$1,227/sqft
    Source: Surterre Properties, Inc. #NP13140967 Report a problem
    7/10/2003Sold$1,390,000$578/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,112 +1.6%$1,976,289 +2%
    2024$20,780 +2.4%$1,937,539 +2%
    2023$20,293 +1.7%$1,899,549 +2%
    2022$19,956 +2%$1,862,303 +2%
    2021$19,574 +1%$1,825,788 +1%
    2020$19,386 $1,807,067 +2%
    2019$19,386 +2.1%$1,771,635 +2%
    2018$18,986 +3.9%$1,736,898 +2%
    2017$18,279 $1,702,842 +2%
    2016$18,279 +2.3%$1,669,453 +1.5%
    2015$17,869 +3.4%$1,644,377 +2%
    2014$17,284 $1,612,166 +0.5%
    2013-- $1,604,880 +9.2%
    2012-- $1,469,791 -4%
    2011-- $1,531,033
    2010-- $1,531,033 +4.6%
    2009-- $1,464,000 -2.7%
    2008-- $1,504,580 +2%
    2007-- $1,475,079 +2%
    2006-- $1,446,156 +2%
    2005-- $1,417,800 +2%
    2004-- $1,390,000 +67.4%
    2003-- $830,258 +2%
    2002-- $813,979 +2%
    2001$8,190 +36.2%$798,019 +35.9%
    2000$6,013 $587,010
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport Elemenrary
    • Middle: Horace Ensign
    • High: Newport Harbor

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,081,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,081,200