317 E Bay Avenue Newport Beach, 92661

Bedrooms:
4
Bathrooms:
5
Square Feet:
2,620 sqft
Price $4,650,000 .00
Approx /month
Get More Details
Sale Price:
$4,650,000
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
Insurance: (year)
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Virtual Tour of 317 E Bay Avenue , Newport Beach 92661

Property Description

Amazing Value! Built in 2022, this Coastal chic four bedroom, four-and-a-half bath home is situated on a corner lot just steps from the sand in Balboa. The carefully designed open floor plan includes en suite bedrooms, each with private balconies. The main level is replete with an airy, light-filled living area, a cozy fireplace, dining area and bar seating at the active island. The chef's dream kitchen is equipped with a Thermador appliance suite, a stainless farmhouse sink, warm light wood cabinets and a large walk-in pantry. A dutch door welcomes guests and stacking glass doors extend the main level to the front patio surrounded by lush planting. The home boasts an elevator serving all three levels including the spacious wrap around roof deck featuring views of the blue Pacific. The second floor is home to 3 bedrooms, a family room and a convenient laundry room. The sleek primary suite includes a large private balcony, spacious walk-in closet and a luxurious spa bathroom with dual vanities, a large soaking tub, oversized walk-in shower clad in marble and encased in glass doors, custom wood cabinetry with marble countertops. The 4th bedroom is on the top floor with a private patio leading to the wrap around deck with both covered and open lounging areas. The ground floor features direct access to the two car garage and a deluxe beach shower. Ideally located, just steps from the bay and miles of Newport's pristine beaches and bike trails, the famous Balboa Island Ferry, shops and restaurants.

General Information

Listing Attribution:
Compass 949-466-3224
Listing Agent:
Victoria Lee
CalBRE#:
00664250
Price:
$4,650,000
Status:
Active
Listing Updated:
11/27/2023
List Date:
8/25/2023
Close Date
Square Feet:
2,620
Bedrooms:
4
Bathrooms:
5
Garage Spaces:
2.00
Year Built:
2021
City:
Newport Beach
Zip:
92661
County:
Orange
MLS ID:
LG23151516
Buyer Agency Compensation:
2.500%
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:
Built-in Features, Balcony, Elevator, Open Floorplan, Pantry, Stone Counters, Entrance Foyer, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
Exterior Features:
Appliances:
6 Burner Stove, Built-In Range, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Flooring:
Stone, Wood
Laundry:
Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Architectural Style:
Other
Levels:
Three Or More
Fireplace Features:
Gas Starter, Living Room
Cooling:
Central Air
Heating:
Forced Air
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Stucco
Roofing:
Water Source:
Public
Sewage:
Public Sewer, Sewer Tap Paid
Accessibility Features:
None

Community Information

MLS Area:
NP - Balboa Peninsula

Lot Information

Lot Size (sq feet):
2,400

Location Information

Directions:
Balboa Blvd to Adams, Left on E Bay Ave (on Peninsula-NOT ON BALBOA ISLAND BAYFRONT!)

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

317 E Bay Avenue Newport Beach CA 92661

Property Type:
Single Family Residence
Bedrooms:
4
Bathrooms:
5
Interior SqFt:
2620
Interior Stories:
3
Year Built:
2021

28 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.14 Miles
$4,450,000
1.37 Miles
$8,000,000
1.39 Miles
$6,600,000
1.19 Miles
$5,300,000
1.01 Miles
$6,700,000
0.79 Miles
$16,000,000
0.4 Miles
$5,300,000
1.49 Miles
$8,300,000
1.78 Miles
$5,625,000
1.51 Miles
$16,500,000
1.34 Miles
$4,500,000
0.63 Miles
$4,800,000
1.76 Miles
$7,150,000
0.32 Miles
$5,695,000
0.71 Miles
$11,400,000
1.64 Miles
$7,000,000
1.87 Miles
$11,100,000
1.99 Miles
$5,200,000
1.36 Miles
$6,500,000
1.38 Miles
$7,680,000
0.54 Miles
$10,201,000
0.69 Miles
$5,750,000
1.56 Miles
$8,195,000
0.88 Miles
$13,000,000

56 Active Properties

Address
Distance/Miles
Active Price
Details
1.22 Miles
$11,995,000
1.3 Miles
$4,995,000
1.81 Miles
$3,499,000
1.69 Miles
$2,995,000
0.09 Miles
$7,295,000
1.9 Miles
$14,995,000
1.33 Miles
$5,399,000
1.42 Miles
$12,995,000
0.09 Miles
$8,490,000
0.78 Miles
$6,795,000
0.74 Miles
$5,250,000
1.36 Miles
$47,500,000
1.39 Miles
$13,150,000
1.22 Miles
$17,995,000
0.89 Miles
$4,850,000
1.69 Miles
$5,495,000
0.59 Miles
$11,795,000
1.34 Miles
$6,350,000
0.89 Miles
$6,250,000
0.11 Miles
$6,999,000
1.58 Miles
$1,240,000
1.03 Miles
$7,295,000
1.85 Miles
$3,895,000
0.81 Miles
$10,995,000