Indulge in coastal opulence as you step into your sanctuary at 115 E Bay Ave, Newport Beach – an unparalleled fusion where luxury seamlessly intertwines w/the sublime allure of coastal living. Crafted in 2016, this magnificent abode sprawls across 2,397 sq. ft., boasting 3 sumptuously appointed bdrms & 3.5 baths, meticulously designed to capture the essence of refined elegance. Envision the sheer delight of ascending to your expansive top deck, greeted by the breathtaking spectacle of the sun descending below the horizon, casting a symphony of vivid hues across the expansive canvas of the ocean. The panoramic vista of Catalina Island serves as an ever-present reminder of the boundless beauty that envelops you. At the heart of this archt'l. masterpiece lies an inviting, open floor plan, suffused w/an abundance of natural light & gentle embrace of ocean breezes – an idyllic setting that transforms every gathering into an unforgettable soirée. Residing on the Newport Beach peninsula grants you access to a cornucopia of delights, incl. the warmth of a vibrant community while embracing the temperate sea air year-round. Proximity to premier shopping destinations such as Newport Fashion Island & So. Coast Plaza ensures that indulgence is always near by, while dining out is a culinary experience w/an array of esteemed restaurants to tantalize the palate. Located steps away from both the pristine beach & tranquil bay, you'll find yourself immersed in endless opportunities for relaxation & recreation, from leisurely strolls along the shore to exhilarating water sports, ensuring that every day is filled w/moments of serenity & adventure. Close proximity to John Wayne Airport facilitates effortless travel, while the ferry to Balboa Island imbues your weekends w/an element of whimsical adventure & discovery. Moreover, to reside in a home that claims the highest elevation on the peninsula not only affords you unparalleled vistas but also bestows upon you a sense of exclusivity that is simply unmatched. Cultivate a vibrant social life from the comfort of your front deck – a veritable oasis where evenings are spent savoring the finest vintages & engaging in spirited discourse w/neighbors & passersby. This sense of community extends to Marina Park, where invigorating exercise classes nurtures both body & soul. At 115 E Bay Ave, you are not merely acquiring a residence – you are embarking on a lifestyle that epitomizes the very essence of coastal luxury in Newport Beach.
Property Details
Property Features
Property Information:
Architectural Style: Modern
Year Built: 2016
Stories: 3
Living Area: 2,397 SqFt
Listing Office:
Office Name: PRICE REAL ESTATE GROUP INC
Office Phone: (909) 921-4742
Listing Agent: Christopher Fox
Interior Features
Interior Information:
Appliances: Stove, Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood
Flooring Type: Carpet, Stone, Wood
Interior: Built-in Features, Balcony, High Ceilings, Open Floorplan, Pantry, Paneling/Wainscoting, Recessed Lighting, Unfurnished, All Bedrooms Up, Loft, Multiple Primary Suites, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Ocean
Exterior: Rain Gutters
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Direct Access, Door-Single, Garage, Garage Faces Rear, Storage
Lot Features
Lot Information:
Lot: Level, Rectangular Lot
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Forced Air, Zoned
Cooling: Central Air, Dual, Zoned
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: East Balboa, Left on Coronado to Bay Avenue
Price Information
Listing Price Info
Price Summary:
List Price: $4,595,000
Price Per SqFt: $1,917/SqFt
Tax Information:
Annual Amount: $31,778
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $1.1M more than the Median Sold Price and $527/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: #CV24181185
Listing Office:
Office Name: PRICE REAL ESTATE GROUP INC
Office Phone: (909) 921-4742
Listing Agent: Christopher Fox
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: 9/16/2024, 3:20:51 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
Sep 29, 2017
Sep 29, 2017Home Sold
$2,750,000
Nov 24, 2015
Nov 24, 2015Home Sold
$1,300,000
Jun 01, 1995
Jun 01, 1995Home Sold
$265,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$31,778
$2,890,740
2020
$31,479
$2,861,100
2019
$30,395
$2,805,000
2018
$30,396
$2,750,000
2017
$19,483
$1,709,642
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$23K
Per Month
Principal & Interest
$22.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.8K
Powered By
Advertisement
NMLS#3030
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
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Middle School
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.22 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
Assigned Schools
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.76 miles
Public District Grades KG-6
Nearby Schools
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.80 miles
Public District Grades KG-6
7
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.90 miles
Public District Grades KG-6
Assigned Schools
8
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.22 miles
Public District Grades 7-8
Nearby Schools
9
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.81 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.38 miles
Public District Grades 6-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
Nearby Schools
8
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.59 miles
Public District Grades 7-12
2
/10
Back Bay High School
390 Monte Vista Ave
Distance between this listing and this school3.58 miles
The neighbors living near this home have an average income of $81,301. Typical income of Newport Beach, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 115 E Bay Ave
What is the listing price of this property?
The listing price of 115 E Bay Ave property is $4,595,000.
What type of property is this?
The property 115 E Bay Ave is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Active Listing: 115 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 115 E Bay Ave are: Newport Elementary School: GreatSchools Rating 8/10Horace Ensign Intermediate School: GreatSchools Rating 8/10Newport 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 $31,778 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 29, 2017 for $2,750,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 115 E Bay Ave has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 115 E Bay Ave is 2,397 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 115 E Bay Ave is 2016.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 115 E Bay Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 2,397 square foot home, which was built in 2016, sits on a 0.05 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $4,595,000.
Over 13 listings were sold over their listed price in August 2024 in Newport Beach, CA. In the same period over 55 listings were sold below the listed price and 18 listings were sold for the listed price. Listings spent 45 days on the market in August 2024, and had a median list price of $3,442,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.