9 months on rocket

1202 S Bay Front, Newport Beach, CA, 92662

$8,950,000

3 Bedrooms
3 Full Baths
2,160 SqFt
$4,144/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Garage, One Space
Attached Garage2 spaces
Year Built1948
HeatingForced Air
CoolingCentral Air
WaterfrontBeach, Dock Access, Ocean Access
FireplaceLiving Room
ViewHarbor, Marina, Ocean, Panoramic, Water
MLS #NP23134932
Lot Size0.06 Acres
StatusActive

About 1202 S Bay Front

Price reduction of nearly 25%!! Wecome to 1202 S Bay Front, Newport Beach's most desired view!! The most prized directional facing view that encompasses the entire Newport Harbor. You will lose yourself in the beauty and tranquility of the ultimate vacation lifestyle of living on the water. Steps away from your private shared dock and sandy beach. Launch your paddleboards or kayaks on your water playground! South facing bay fronts rarely come available and are a generational heritage for their owners. Emerse yourself in the epitome of luxury enjoyment in your fully renovated home (completed in 2023). With room to potentially add a rooftop deck or add square footage (buyer to verify with city), there are no limits to what the imagination can accomplish here. Be privileged to drive by and see your home from the channel as you sail to and fro. Discover Newport Beach's finest restaurants from the water, as you pull up in your vessel to valet boat parking. A hop, skip, and a jump takes you to the postcard-worthy Main Street on Balboa Island, where you will find delectable treats, refined dining, and amazing fun (including shopping). Stop your search and find your way home to the front row of Newport Beach's best kept secret: Balboa Island! Where luxury meets chill! Become the envy of passers-by as you gaze out into the open water. Christmas Boat parades and lots of new friends can't wait to greet you at your new home that will be filled with the joy and magic of this vibrant Island. Subject to cancelation of existing escrow (at no fault to sellers).

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: Times Real Estate CA
  • Office Phone: (949) 995-1755
  • Listing Agent: Andrea O Hill

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Wood
  • Interior: Built-in Features, Crown Molding, Primary Suite
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Dock Access, Ocean Access
  • View: Harbor, Marina, Ocean, Panoramic, Water
  • Exterior: Boat Slip, Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Boat, Garage, One Space

Lot Features

Lot Information:

  • Lot: Sprinklers In Front
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Bayside Dr to Marine Ave to Park Ave to Amethyst Ave to S Bay Front

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,950,000
  • Price Per SqFt: $4,144/SqFt

Tax Information:

  • Annual Amount: $5,250
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,364

Avg. Days On Market

51

# of Sold Homes

88

1202 S Bay Front vs Newport Beach

280 DAYS ON ROCKET

+229 Days

$8,950,000

+$5.5M More

$4,144/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $2.7K/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: #NP23134932

Listing Office:

  • Office Name: Times Real Estate CA
  • Office Phone: (949) 995-1755
  • Listing Agent: Andrea O Hill

IDX 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: 5/3/2024, 12:20:44 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

Jun 04, 2021Home Sold
$6,600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,250$464,353
2020$5,199$459,592
2019$4,998$450,581
2018$4,998$441,747
2017$4,911$433,086

History based on county public records data.

Payment Calculator

$44.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$26.8K

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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

school-card-donut-5303958
7
/10
  • Abraham Lincoln Elementary School

  • 3101 Pacific View Dr

  • 1.82 miles

  • Public District Grades KG-6

High School

school-card-donut-5303959
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.16 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,018. The most common annual income of people living in Newport Beach, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1202 S Bay Front

What is the listing price of this property?

The listing price of 1202 S Bay Front property is $8,950,000.

What type of property is this?

The property 1202 S Bay Front is a house located in Newport Beach, California, 92662.

Is this property for sale now?

Active Listing: 1202 S Bay Front is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1202 S Bay Front are:
Abraham Lincoln Elementary School: GreatSchools Rating 7/10
Corona Del Mar High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,250 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2021 for $6,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1202 S Bay Front has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1202 S Bay Front is 2,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1202 S Bay Front is 1948.
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Rocket HomesCaliforniaOrange CountyNewport Beach926621202 S Bay Front

This home is located at 1202 S Bay Front in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,160 square foot home, which was built in 1948, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 28, 2023 and is currently priced at $8,950,000.

While more than 14 listings in Newport Beach, CA in April 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 57 were sold below. In April 2024 in Newport Beach, CA there were 11.2% more homes for sale than in March 2024. In April 2024 median list price was $3,356,190 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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