HeatingCentral, Forced Air, Fireplace(s), Natural Gas
CoolingNone
FireplaceGas, Gas Starter, Living Room, Outside, Raised Hearth, Wood Burning
ViewBay, Water
MLS #LG24026379
Lot Size0.05 Acres
StatusActive
About 123 E Bay Ave
Tastefully updated by the current owners, this home is ready to enjoy now, either as a full-time residence or as an ocean-close 2nd home. Featuring 3 bedrooms, 3 bathrooms, and a front brick patio with built-in BBQ for enjoying pleasant summer evenings with family and friends. Upstairs, just off the family room/den, is a spacious 2nd level deck with views of the bay thanks a clear view down Montero Ave. This is a terrific place to watch the bay activities such as the Christmas boat parade, and all from the privacy of your own home. Located on one of the quieter Balboa Peninsula streets, away from the bustle of Balboa Avenue, this home provides close proximity to both the bay and the beach while enjoying the charming and calmer lifestyle of E Bay Avenue. Just a short 7 minute walk to the Fun Zone and area restaurants. There is also potential for the new owner to improve access to the rooftop deck.
Property Details
Property Features
Property Information:
Architectural Style: Craftsman
Year Built: 1985
Stories: 2
Living Area: 1,854 SqFt
Listing Office:
Office Name: First Team Real Estate
Office Phone: (949) 701-7415
Listing Agent: John Newlander
Interior Features
Interior Information:
Appliances: Stove, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Flooring Type: Carpet, Tile, Wood
Interior: Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Dry Bar, Granite Counters, Open Floorplan, Pantry, Pull Down Attic Stairs, Recessed Lighting, Storage, All Bedrooms Up, Walk-In Closet(s)
Fireplace: Gas, Gas Starter, Living Room, Outside, Raised Hearth, Wood Burning
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Bay, Water
Exterior: Awning(s), Barbecue, Rain Gutters
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Direct Access, Door-Single, Garage
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air, Fireplace(s), Natural Gas
Cooling: None
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: E Balboa, to Coronado, to E Bay
Price Information
Listing Price Info
Price Summary:
List Price: $3,275,000
Price Per SqFt: $1,766/SqFt
Tax Information:
Annual Amount: $22,593
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $81.1K less than the Median Sold Price and $401/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: #LG24026379
Listing Office:
Office Name: First Team Real Estate
Office Phone: (949) 701-7415
Listing Agent: John Newlander
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: 5/1/2024, 9:25:21 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
Jun 10, 2016
Jun 10, 2016Home Sold
$1,845,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$22,593
$2,017,775
2020
$22,382
$1,997,086
2019
$21,668
$1,957,928
2018
$21,669
$1,919,538
2017
$21,297
$1,881,900
History based on county public records data.
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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
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.79 miles
Public District Grades KG-6
Middle School
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.23 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
Assigned Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.79 miles
Public District Grades KG-6
Nearby Schools
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.81 miles
Public District Grades KG-6
8
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.90 miles
Public District Grades KG-6
Assigned Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.23 miles
Public District Grades 7-8
Nearby Schools
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.79 miles
Public District Grades KG-8
8
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.40 miles
Public District Grades 6-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
Nearby Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.58 miles
Public District Grades 7-12
5
/10
Estancia High School
2323 Placentia Ave
Distance between this listing and this school4.15 miles
The neighbors living near this home have an average income of $81,301. Residents of Newport Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 123 E Bay Ave
What is the listing price of this property?
The listing price of 123 E Bay Ave property is $3,275,000.
What type of property is this?
The property 123 E Bay Ave is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Active Listing: 123 E 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 123 E 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 $22,593 (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 10, 2016 for $1,845,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 123 E Bay Ave has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 123 E Bay Ave is 1,854 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 123 E Bay Ave is 1985.
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This home is located at 123 E Bay Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 1,854 square foot home, which was built in 1985, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $3,275,000.
Newport Beach, CA housing market in April 2024 saw over 14 listings sold above listed price, more than 17 sold at listed price and over 57 sold below. The number of listings in Newport Beach, CA increased by 11.2% between March 2024 and April 2024. 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. 
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