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115 E Bay Ave, Newport Beach, CA 92661

Sale Price: $4,445,000
Sep 3, 20242,397 sqft3 beds4 baths
Listed by: Christopher Fox
License #: 01847774
Phone #: 909-291-9494
PRICE REAL ESTATE GROUP INC
Source:
CRMLS Logo
MLS #: CV24181185

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$58,293

TurboHome Estimated Value

$4,240,600

$1,769 sqft

High Valuation
$4,452,630
$1858/sqft
Normal Valuation
$4,240,600
$1769/sqft
Low Valuation
$4,028,570
$1681/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1769/sqft$4,240,600

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$4.40M

$4.59M

$5.60M

$5.70M

$5.80M

129 Via Waziers, Newport Beach, CA 92663

Sale Price: $4,400,000

Selected Comparable

115 E Bay Ave, Newport Beach, CA 92661

Sale Price: $4,445,000

Selected Comparable

115 E Bay Ave, Newport Beach, CA 92661

List Price: $4,595,000

Subject Property

208 Collins Ave, Newport Beach, CA 92662

Sale Price: $5,600,000

Selected Comparable

501 W Edgewater Ave, Newport Beach, CA 92661

Sale Price: $5,700,000

Selected Comparable

205 Pearl Ave, Newport Beach, CA 92662

Sale Price: $5,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
115 E Bay Ave, Newport Beach, CA 92661

115 E Bay Ave, Newport Beach, CA 92661

List: $4,595,000

Listed: 9/3/2024

Area:2,397 sqft
Price/sqft:$1,917
Beds:3
Baths:4
Year Built:
Lot Size:2,100

Comparable Properties

COMPARABLE
Choose comps
115 E Bay Ave, Newport Beach, CA 92661

115 E Bay Ave, Newport Beach, CA 92661

Sale: $4,445,000

11/25/20240.00 mi

Area:2,397 sqft
Price/sqft:$1,854
Beds:3
Baths:4
Year Built:
Weight:22.0%
501 W Edgewater Ave, Newport Beach, CA 92661

501 W Edgewater Ave, Newport Beach, CA 92661

Sale: $5,700,000

4/14/20250.12 mi

Area:2,267 sqft
Price/sqft:$2,514
Beds:3
Baths:4
Year Built:
Weight:21.9%
205 Pearl Ave, Newport Beach, CA 92662

205 Pearl Ave, Newport Beach, CA 92662

Sale: $5,800,000

5/20/20250.49 mi

Area:2,300 sqft
Price/sqft:$2,522
Beds:3
Baths:5
Year Built:
Weight:19.0%
208 Collins Ave, Newport Beach, CA 92662

208 Collins Ave, Newport Beach, CA 92662

Sale: $5,600,000

2/18/20250.59 mi

Area:2,393 sqft
Price/sqft:$2,340
Beds:3
Baths:5
Year Built:
Weight:18.6%
129 Via Waziers, Newport Beach, CA 92663

129 Via Waziers, Newport Beach, CA 92663

Sale: $4,400,000

6/25/20250.60 mi

Area:3,008 sqft
Price/sqft:$1,463
Beds:3
Baths:4
Year Built:
Weight:18.5%

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