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512 S Bay Front, Newport Beach, CA 92662

List Price: $29,990On Market FlagOn market
Feb 12, 20242,462 sqft3 beds2 baths
Listed by: Max Everhardt
License #: 02215716
Phone #: 949-828-6509
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Source:
CRMLS Logo
MLS #: NP24022741

Property Description

Nestled in the heart of Balboa Island, this stunning 3-bedroom, 2.5-bathroom home offers breathtaking views of Newport Bay. As the day transitions to evening, the living room's surround sound sets the tone while expansive windows frame the horizon’s ever-changing masterpiece. Upstairs, the deck becomes the perfect stage for sunset dinners, while the lower deck offers a front-row seat to the vibrant boating scene. The home’s unique vantage point ensures every moment is infused with the beauty of Newport’s iconic sunsets. For those with a spirit of adventure, the property is steps from the Balboa Island Ferry, granting effortless access to sandy beaches and ocean waves. Hosting is seamless, with accommodations for up to three vehicles plus additional street parking, ensuring convenience for you and your guests. This home is a licensed short-term rental, available for weekly, monthly, or extended stays, offering you the flexibility to enjoy the ultimate Balboa Island lifestyle on your terms. This home is available exclusively as a fully furnished rental.
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

$128,157

TurboHome Estimated Value

$4,286,900

$1,741 sqft

High Valuation
$4,501,245
$1828/sqft
Normal Valuation
$4,286,900
$1741/sqft
Low Valuation
$4,072,555
$1654/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1741/sqft$4,286,900

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$30K

$3.20M

$3.77M

$4.08M

$4.30M

512 S Bay Front, Newport Beach, CA 92662

List Price: $29,990

Subject Property

1517 Miramar Dr, Newport Beach, CA 92661

Sale Price: $3,200,000

Selected Comparable

104 Via Lorca, Newport Beach, CA 92663

Sale Price: $3,775,000

Selected Comparable

123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000

Selected Comparable

513 Dahlia Ave, Corona Del Mar, CA 92625

Sale Price: $4,100,000

Selected Comparable

2607 Ocean Blvd, Corona Del Mar, CA 92625

Sale Price: $4,300,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
512 S Bay Front, Newport Beach, CA 92662

512 S Bay Front, Newport Beach, CA 92662

List: $29,990

Listed: 2/12/2024

Area:2,462 sqft
Price/sqft:$12
Beds:3
Baths:2
Year Built:
Lot Size:2,590

Comparable Properties

COMPARABLE
Choose comps
1517 Miramar Dr, Newport Beach, CA 92661

1517 Miramar Dr, Newport Beach, CA 92661

Sale: $3,200,000

7/28/20250.61 mi

Area:2,090 sqft
Price/sqft:$1,531
Beds:3
Baths:2
Year Built:
Weight:21.7%
2607 Ocean Blvd, Corona Del Mar, CA 92625

2607 Ocean Blvd, Corona Del Mar, CA 92625

Sale: $4,300,000

4/1/20251.28 mi

Area:2,260 sqft
Price/sqft:$1,903
Beds:3
Baths:2
Year Built:
Weight:20.2%
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

Sale: $4,075,000

1/30/20250.19 mi

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Weight:19.8%
513 Dahlia Ave, Corona Del Mar, CA 92625

513 Dahlia Ave, Corona Del Mar, CA 92625

Sale: $4,100,000

7/30/20251.33 mi

Area:2,636 sqft
Price/sqft:$1,555
Beds:3
Baths:3
Year Built:
Weight:19.3%
104 Via Lorca, Newport Beach, CA 92663

104 Via Lorca, Newport Beach, CA 92663

Sale: $3,775,000

7/2/20251.27 mi

Area:2,318 sqft
Price/sqft:$1,629
Beds:3
Baths:3
Year Built:
Weight:19.0%

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