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Sold for $2,295,000
  • Listed by: Compass • Victoria Lee • Contact: 949-466-3224
    Bought with: Arbor Real Estate
    $2,295,000

    117 E Bay Ave, Newport Beach, CA 92661

    3beds
    883sqft
    Single Family Residence
    Built in 1927
    2,100 Square Feet Lot
    $2,896,400 Zestimate®
    $2,599/sqft
    $6,372 Estimated rent

    Home value

    $2,896,400

    $2.64M - $3.24M

    $6,372/mo

    Zestimate® history
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    What's special

    Take advantage of a rare opportunity to make this charming 1927 vintage bungalow yours. Nestled in a lush mini garden on coveted East Bay Avenue, this lovingly maintained home boasts 3 bedrooms and 3 bathrooms with hardwood floors, a brick fireplace, enclosed entry porch and a sunny kitchen leading to the service porch and private rear courtyard. The gated courtyard with alley access leads to the separate 3rd bedroom with a kitchenette perfect for a guest room or Granny unit. Ideally located, just steps from the bay and miles of Newport's pristine beaches and bike trails, the famous Balboa Island Ferry, Fun Zone, shopping, restaurants, entertainment, boat rentals, sailing, fishing, stand up paddle, surfing and swimming. Built in 1927, there are no original building records. There are preexisting lot line and setback encroachments onto adjacent properties. Power poles have been undergrounded. Property to be sold in as-is condition by the Seller Trustee. Broker/agent does not guarantee the accuracy of the square footage, lot size, zoning, schools and/or other information concerning the conditions or features of the property provided by or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals and agencies. Information deemed reliable but not guaranteed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Victoria Lee DRE #00664250 949-466-3224,

    Compass

    Bought with:

    Chris Brigandi, DRE #00982965

    Arbor Real Estate

    Kristin Barry, DRE #01361231

    Arbor Real Estate

    Source: CRMLS,MLS#: LG24068143MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Jetted Tub, Tub Shower
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level, Main Level Primary
    • Flooring: Tile, Wood
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 883 sqft

    Property

    Parking
    • Parking features: See Remarks
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Enclosed
    • Exterior features: Lighting
    • Pool features: None
    • Has spa: Yes
    • Spa features: Bath
    • Fencing: Partial
    • Has view: Yes
    • View description: None
    • Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 2,100 Square Feet
    • Dimensions: 30 x 70
    • Features: Back Yard, Rectangular Lot, Sprinkler System
    Details
    • Additional structures: Guest House
    • Parcel number: 04807206
    • Zoning: R1
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Lap Siding
    • Foundation: Raised
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,599/sqft
    • Tax assessed value: $2,340,900
    • Annual tax amount: $24,932
    • Date on market: 4/15/2024
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Cash to New Loan
    • Exclusions: Living room ceiling fixture
    • Road surface type: Alley Paved

    Price history

    DateEventPrice
    7/19/2024Listing removed--
    Source: CRMLS #NP24113907 Report a problem
    7/1/2024Price change$6,000-7.7%$7/sqft
    Source: CRMLS #NP24113907 Report a problem
    6/21/2024Price change$6,500-7.1%$7/sqft
    Source: CRMLS #NP24113907 Report a problem
    6/5/2024Listed for rent$7,000$8/sqft
    Source: CRMLS #NP24113907 Report a problem
    5/28/2024Sold$2,295,000$2,599/sqft
    Source: CRMLS #LG24068143 Report a problem
    5/21/2024Pending sale$2,295,000$2,599/sqft
    Source: CRMLS #LG24068143 Report a problem
    4/29/2024Contingent$2,295,000$2,599/sqft
    Source: CRMLS #LG24068143 Report a problem
    4/15/2024Listed for sale$2,295,000$2,599/sqft
    Source: CRMLS #LG24068143 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,932 +5.1%$2,340,900 +2899.8%
    2024$23,718 +1906.4%$78,036 +2%
    2023$1,182 +2.1%$76,506 +2%
    2022$1,158 +1.7%$75,006 +2%
    2021$1,138 +1%$73,536 +1%
    2020$1,127 $72,782 +2%
    2019$1,127 +1.5%$71,355 +2%
    2018$1,110 +3.5%$69,956 +2%
    2017$1,073 $68,585 +2%
    2016$1,073 +9.6%$67,241 +1.5%
    2015$980 +3.8%$66,231 +2%
    2014$944 $64,934 +0.5%
    2013-- $64,641 +2%
    2012-- $63,374 +2%
    2011-- $62,132 +0.8%
    2010-- $61,668 -0.2%
    2009-- $61,816 +2%
    2008-- $60,604 +2%
    2007-- $59,416 +2%
    2006-- $58,251 +2%
    2005-- $57,109 +2%
    2004-- $55,990 +1.9%
    2003-- $54,964 +2%
    2002-- $53,887 +2%
    2001$559 +2.8%$52,831 +2%
    2000$543 $51,796
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • 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
    $2,896,400
    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
    $2,896,400