1 month on rocket

219 E Bay Ave, Newport Beach, CA, 92661

$3,950,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeDuplex
ParkingDoor-Multi, Direct Access, Garage, Garage Door Opener, Off Street
Garage2 spaces
Year Built1957
HeatingNatural Gas, Wall Furnace
CoolingNone
WaterfrontBeach, Ocean Access
FireplaceFamily Room, Masonry
ViewHarbor, Ocean
MLS #NP24048345
Lot Size0.06 Acres
StatusActive

About 219 E Bay Ave

Beach Duplex with a transferrable SHORT-TERM RENTAL LICENSE, located on a CORNER LOT in the quaint and quieter Bay Island area, only part way down the peninsula, and not on busier Balboa Boulevard, making this one of the more desirable areas on the peninsula. This exceptional lot location is offset at the T of Coronado Street with an unobstructed view of the bay - must see view to appreciate! Two levels have two separate home units - the bottom level has 2 bedrooms, 1 bath and large patio facing the bay, and the top level has 3 bedrooms, 2 baths, with a large deck facing the bay. A buyer can inquire with the city about adding a third level for additional ocean views, similar to many neighboring properties. This can be a family beach home with 2 units, income property, short-term rental property, or combination. Both units have fireplaces, beautiful open kitchens, and use of one car space in the two-car enclosed garage, with overhead storage space, and plenty of unmetered on-street parking. The upstairs home has a grand primary bedroom suite, and an additional second stairway and entry door in rear of home. Additional amenities include custom built-in storage throughout, open beam ceilings, and 219 E Bay Avenue is Southern California beach living at its finest, with the world-famous Newport Beach Harbor one block to the North for boating, sailing, and other water sports, and expansive sandy beaches, just a few houses away to the South, for surfing and more. Many yacht clubs are in Newport Harbor, for terrific social connections, and there are endless restaurant options. This property has been meticulously maintained by the same owners for over 25 years, including a new roof in 2020. All of the advantages of living at the beach, with an interior price tag.

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Stories: 2

Listing Office:

  • Office Name: Universal Preferred Properties
  • Office Phone: (714) 457-3849
  • Listing Agent: Kathy Abbott

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Gas Oven, Gas Water Heater, Microwave, Range Hood, Water Heater, Dryer, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Beamed Ceilings, Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Multiple Staircases, Unfurnished, Bedroom on Main Level, Primary Suite
  • Fireplace: Family Room, Masonry

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Ocean Access
  • View: Harbor, Ocean

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Direct Access, Garage, Garage Door Opener, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace
  • 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: From Pacific Coast Highway, take Balboa Boulevard down the peninsula, left on Coronado, left on Bay Avenue. Unmetered parking on street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,950,000

Tax Information:

  • Annual Amount: $9,422
  • 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

219 E Bay Ave vs Newport Beach

52 DAYS ON ROCKET

+1 Day

$3,950,000

+$593.8K More

KEY TAKEAWAY

This property is $593.8K more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24048345

Listing Office:

  • Office Name: Universal Preferred Properties
  • Office Phone: (714) 457-3849
  • Listing Agent: Kathy Abbott

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, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 02, 1998Home Sold
$505,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,422$744,949
2020$9,338$737,311
2019$9,175$722,854
2018$9,176$708,681
2017$9,027$694,786

History based on county public records data.

Payment Calculator

$19.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.9K

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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-5165892
9
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.87 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5165893
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.29 miles

  • Public District Grades 7-8

High School

school-card-donut-5165894
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,301. Most Newport Beach, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92661219 E Bay Ave

This home is located at 219 E Bay Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This home, which was built in 1957, sits on a 0.06 acre lot. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $3,950,000.

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 inventory of homes for sale in Newport Beach, CA between March 2024 and April 2024 increased by 11.2%. Listings spent 51 days on the market in April 2024, and had a median list price of $3,356,190 during the same period.

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

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