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Sold for $4,950,000
  • Listed by: Compass • Troy Seeber • Contact: 949-630-8108
    Bought with: Compass
    $4,950,000

    1027 W Bay Ave, Newport Beach, CA 92663

    3beds
    2,964sqft
    Single Family Residence
    Built in 2023
    4,498 Square Feet Lot
    $6,543,100 Zestimate®
    $1,670/sqft
    $-- Estimated rent

    Home value

    $6,543,100

    $5.30M - $8.18M

    Not available

    Zestimate® history
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    What's special

    House A: Welcome to paradise on the peninsula nestled within the exclusive confines of Newport Beach. This home is an architectural masterpiece that captures the essence of the Tulum ambiance. Spanning an impressive 2,964 sqft of livable elegance, this stunning condo offers three spacious bedrooms with an option to transform the chic loft into a fourth sanctuary with an attached bath. Experience the luxury of an expansive deck boasting 981sqft, perfectly positioned for breathtaking bay and ocean views. Every detail is meticulously crafted to enhance your living experience. Revel in the warmth of the indoor-outdoor linear fireplace, or the culinary perfection of a chef's kitchen decked out in top-tier Dacor Appliances. A grand master suite welcomes you with a lavish bath, an oversized walk-in closet, and uninterrupted bay views, awakening the serenity in you. Experience the epitome of indoor-outdoor living with the majestic Fleetwood sliders that seamlessly lead you from the kitchen to a front patio adorned with bay scenes. Plus, a rooftop deck that becomes your personal sanctuary for sunsets and starry nights. Experience life at Newport Beach's finest – a corner lot on West Bay Ave, undeniably the most serene and private street on the peninsula. Located in the perfect nexus between the beach, bay, fun zone, and countless amenities, resort living is not a promise; it's a daily reality. Revel in unparalleled natural light, modern comforts like zoned central air, and an atmosphere that's forever vacation-esque. Come home to more than just a residence; it's a life of luxury and tranquility. House B is also available.

    Zillow last checked:

    Listing updated:

    Listed by:

    Troy Seeber DRE #02002512 949-630-8108,

    Compass,

    Jeff Cefalia DRE #02081879,

    Cefalia Real Estate

    Bought with:

    Tyler Brown, DRE #02043514

    Compass

    Source: CRMLS,MLS#: OC24021572MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Attic, Bonus Room, Bedroom, Entry/Foyer, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Office, Other, Pantry, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Enclosed Toilet, Multiple Shower Heads, Quartz Counters, Stone Counters, Soaking Tub, Separate Shower
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Self-closing Cabinet Doors, Self-closing Drawers
    Heating
    • Central, Heat Pump, Zoned
    Cooling
    • Central Air, Dual, Electric, Zoned
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Barbecue, Convection Oven, Double Oven, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, High Efficiency Water Heater, Hot Water Circulator, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Balcony, Block Walls, Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Stone Counters, Storage, Track Lighting, Wired for Data, Wired for Sound, All Bedrooms Up, Attic, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Stone, Tile, Wood
    • Windows: Skylight(s)
    • Has fireplace: Yes
    • Fireplace features: Circulating, Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,964 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Hallway(s)
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front
    • Patio & porch: Concrete, Covered, Deck, Front Porch, Porch, Rooftop
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Bay, Catalina, City Lights, Coastline, Harbor, Hills, Marina, Ocean, Water
    • Has water view: Yes
    • Water view: Bay,Coastline,Harbor,Marina,Ocean,Water
    • Waterfront features: Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 4,498 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 04726401
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,Modern
    • Property subtype: Single Family Residence
    Materials
    • Board & Batten Siding, Drywall, HardiPlank Type, Metal Siding, Spray Foam Insulation, Wood Siding
    • Roof: Metal
    Condition
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Features: Curbs
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,670/sqft
    • Tax assessed value: $4,100,000
    • Annual tax amount: $43,556
    • Date on market: 1/31/2024
    • Cumulative days on market: 251 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    6/18/2024Sold$4,950,000-9.9%$1,670/sqft
    Source: CRMLS #OC24021572 Report a problem
    6/10/2024Pending sale$5,495,000$1,854/sqft
    Source: CRMLS #OC24021572 Report a problem
    4/1/2024Price change$5,495,000-8.3%$1,854/sqft
    Source: CRMLS #OC24021572 Report a problem
    1/31/2024Listed for sale$5,995,000$2,023/sqft
    Source: CRMLS #OC24021572 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$43,556 $4,100,000
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

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

    Source: CRMLS. 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
    $6,543,100
    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
    $6,543,100