ViewBay, Island, City Lights, Other, Harbor, Hills, Marina, Ocean, Water
MLS #OC24021572
Lot Size0.10 Acres
StatusActive
About 1027 W Bay Ave
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.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary, Modern
Year Built: 2023
Stories: 3
Living Area: 2,964 SqFt
Listing Office:
Office Name: Compass
Office Phone: (949) 630-8108
Listing Agent: Troy Seeber
Interior Features
Interior Information:
Appliances: Stove, Range, Convection Oven, Double Oven, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
Flooring Type: Stone, Tile, Wood
Interior: Balcony, Block Walls, Dry Bar, 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)
Fireplace: Circulating, Gas, Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Ocean Access
View: Bay, Island, City Lights, Other, Harbor, Hills, Marina, Ocean, Water
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Garage
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Central, Heat Pump, Zoned
Cooling: Central Air, Dual, Electric, Zoned
School Info
Assigned Schools Information:
Newport Harbor High School, Public District Grades 9-12
Horace Ensign Intermediate School, Public District Grades 7-8
Newport Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Balboa Blvd to W. Bay
Price Information
Listing Price Info
Price Summary:
List Price: $5,495,000
Price Per SqFt: $1,854/SqFt
Tax Information:
Annual Amount: $28,385
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $2.1M more than the Median Sold Price and $489/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24021572
Listing Office:
Office Name: Compass
Office Phone: (949) 630-8108
Listing Agent: Troy Seeber
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 03, 2020
Mar 03, 2020Home Sold
$2,600,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$28,385
$2,626,936
2020
$2,462
$170,790
2019
$2,381
$167,442
2018
$2,381
$164,159
2017
$2,341
$160,941
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.4K
Per Month
Principal & Interest
$27.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.23 miles
Public District Grades KG-6
Middle School
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school0.89 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.14 miles
Public District Grades 9-12
Assigned Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.23 miles
Public District Grades KG-6
Nearby Schools
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.48 miles
Public District Grades KG-6
8
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.86 miles
Public District Grades KG-6
Assigned Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school0.89 miles
Public District Grades 7-8
Nearby Schools
8
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school4.95 miles
Public District Grades 6-8
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school5.25 miles
Public District Grades KG-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.14 miles
Public District Grades 9-12
Nearby Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.84 miles
Public District Grades 7-12
5
/10
Estancia High School
2323 Placentia Ave
Distance between this listing and this school3.81 miles
The neighbors living near this home have an average income of $105,357. The majority of Newport Beach, CA residents have income between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1027 W Bay Ave
What is the listing price of this property?
The listing price of 1027 W Bay Ave property is $5,495,000.
What type of property is this?
The property 1027 W Bay Ave is a house located in Newport Beach, California, 92663.
Is this property for sale now?
Active Listing: 1027 W Bay Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1027 W Bay Ave are: Newport Elementary School: GreatSchools Rating 9/10Horace Ensign Intermediate School: GreatSchools Rating 7/10Newport Harbor High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $28,385 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 3, 2020 for $2,600,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1027 W Bay Ave has 3 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 1027 W Bay Ave is 2,964 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1027 W Bay Ave is 2023.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1027 W Bay Ave in Newport Beach, CA and zip code 92663 in the Central Newport Beach neighborhood. This 2,964 square foot home, which was built in 2023, sits on a 0.10 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $5,495,000.
Over 14 listings were sold over their listed price in April 2024 in Newport Beach, CA. In the same period over 57 listings were sold below the listed price and 17 listings were sold for the listed price. Between March 2024 and April 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in April 2024 was $3,356,190, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Art Museums
Art Museums
Live Theatre
Music Concerts
Bloomingdales
H&M
Banana Republic
Starbucks
Boston Market
Chipotle
Audi
Mercedes
Volkswagen
News
Rhythmic Contemporary Hits