315 E Bay Avenue Newport Beach, 92661

Bedrooms:
4
Bathrooms:
5
Square Feet:
2,632 sqft
Price $679,045 .00
Approx /month
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Sale Price:
$679,045
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
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Virtual Tour of 315 E Bay Avenue , Newport Beach 92661

Property Description

Co-Ownership is the modern way to own a vacation home. You and up to seven other co-owners share legal ownership of the home. The property is professionally managed which takes the hassle and stress out of owning a vacation home. Each 1/8 share allows you 45 nights per year to enjoy the home with family and friends. One of the best benefits to co-ownership is you capture all value appreciation should you decide to sell your share in the future. This stunning new construction 4 bedroom, 5 bath contemporary home is located in the heart of the Balboa Peninsula. With no detail spared this home offers high ceilings, open floor plan that are further complimented with wood floors throughout, an elevator that services all three levels and a stunning rooftop terrace. The chef's kitchen includes a large island, Thermador appliances and walk in pantry. Upstairs, the primary suite offers a spa like bathroom with dual vanity, a soaking tub, a glass-enclosed shower, spacious walk-in closet and a large sliding glass doors that open to your private balcony. Each additional bedroom has an en-suite with their own unique design and private patio space. The third level provides a single en-suite bedroom with a sliding glass door that opens up to your expansive private patio. On the opposite side is an additional rooftop terrace equipped with a custom built in barbecue area perfect for entertaining. Enjoy the ocean breeze and beautiful sunset views on your rooftop terrace. This home also has an attached 2 car garage and outdoor shower. Situated just steps away from both the bay and the beach plus a short distance from all the shops and restaurants of the Balboa Peninsula. Own a little piece of heaven in a luxury destination!

General Information

Listing Attribution:
The Agency
Listing Agent:
Justin Bono
CalBRE#:
02135999
Price:
$679,045
Status:
Active
Listing Updated:
10/5/2022
List Date:
5/3/2022
Close Date
Square Feet:
2,632
Bedrooms:
4
Bathrooms:
5
Garage Spaces:
2.00
Year Built:
2022
City:
Newport Beach
Zip:
92661
County:
Orange
MLS ID:
PF22112310
Buyer Agency Compensation:
3.000%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Balcony, Elevator, Furnished, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, All Bedrooms Up, Walk-In Pantry, Walk-In Closet(s)
Exterior Features:
Appliances:
6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
Flooring:
Stone, Tile, Wood
Laundry:
Inside, Laundry Room, Upper Level
Architectural Style:
Contemporary
Levels:
Three Or More
Fireplace Features:
Living Room
Cooling:
Central Air, Dual, Zoned
Heating:
Forced Air, Natural Gas, Zoned
Utilities:
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
NP - Balboa Peninsula

Lot Information

Lot Size (sq feet):
2,400

Location Information

Directions:
North on Adams, west on Bay Ave