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1220 W BAY Avenue, Newport Beach, CA 92661

Single-family home

For sale now

1220 W BAY Avenue is on the market at $57,500,000 (6 bd · 8 ba · 12,749 sqft). See the current listing →

1220 W BAY Avenue, Newport Beach, CA 92661 Sold September 2012 CRMLS
$10,500,000Sold September 2012

Listing Agent: Steve High (DRE #00936421) · Listing Office: COLDWELL BANKER PREVIEWS INTER · Contact: 949-640-3600 · Bought with: Steve High · COLDWELL BANKER PREVIEWS INTER · MLS #L37168 · Source: CRMLS

4
Bedrooms
7
Bathrooms
5,000
Sq Ft
10,900 sqft
Lot Size
1936
Year Built
Single-family home
Type
2
Stories
5
Garage
Yes
Pool
CentralAir
Cooling
ForcedAir
Heating
Bay, CityLights, Coastline, Harbor, Marina, Water
View

How this sale compares

1220 W BAY Avenue sold for $10,500,000 in September 2012, 8.7% under its $11,500,000 list price, after 369 days on the market. It was first listed at $16,950,000. That works out to $2,100 per square foot on 5,000 square feet. Across 33 closed sales in 92661 over the last 12 months, the median sold price is $5,770,000 and the median is $2,540 per square foot — 21% above this sale's $2,100. 4-bedroom rentals in 92661 currently list at a median of $22,000 a month (23 listings).

$2,100
This sale, per sq ft
$2,540
92661 median per sq ft (12 mo)
$5,770,000
92661 median sold price (12 mo)
33
Closed sales in 92661 (12 mo)
369
Days on market
−8.7%
Sold vs. list price
QuarterClosed sales in 92661Median sold price
Q1 20264$5,350,000
Q2 202615$6,700,000
Q3 202614$4,400,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newport Beach · Homes for sale in 92661

About this single-family home

Luxurious open spaces & minimalist contemporary-style are fused with 1930's Spanish Colonial Revival architecture in this stylish Balboa Peninsula Bayfront estate home. One of the most prized waterfront properties in Newport Harbor, with two buildable lots totaling 100' of frontage, this premier property has a swimming pool & unobstructed views of the harbor activity, city lights & Fashion Island. Recently remodeled with a unique palette of artistic finishes that includes polished concrete, walls of retractable doors, rough sawn cabinetry, white oak hardwood flooring, stainless steel appliances, limestone & handsome tile work, the home features a large lower level great room with two fireplaces, open kitchen, & large expanses of glass. The upper level has a huge luxurious master suite & two additional bedrooms with en-suite baths. Presently the pier & slips allow for three boats - a 76', 64' & 63' craft can be accommodated or reconfiguration would allow for a yacht of up to 115 feet

Listing description from the September 2012 sale, as reported to CRMLS.

Sale history

$10,500,000
Sold September 2012 · listed $11,500,000, orig. $16,950,000, on market September 2011, 369 days on market · MLS #L37168 · Source: CRMLS
Listing Agent: Steve High · Listing Office: COLDWELL BANKER PREVIEWS INTER · Contact: 949-640-3600 · Bought with: Steve High · COLDWELL BANKER PREVIEWS INTER

Recent sales near 1220 W BAY Avenue

MLS-reported closed sales in 92661, nearest first (last 12 months). All recent sales in Newport Beach →

Questions about 1220 W BAY Avenue

When did 1220 W BAY Avenue last sell?

1220 W BAY Avenue last sold in September 2012 for $10,500,000, according to CRMLS-reported closed sales.

What did 1220 W BAY Avenue sell for?

$10,500,000, 8.7% below the $11,500,000 list price, after 369 days on the market — about $2,100 per square foot.

How does that compare to other Newport Beach sales?

33 homes closed in ZIP 92661 over the last 12 months at a median of $5,770,000 ($2,540 per square foot). This sale was $2,100 per square foot.

Is 1220 W BAY Avenue for sale now?

Yes — 1220 W BAY Avenue is currently on the market at $57,500,000. Open the current listing on Nalren for photos, details and the listing agent.

What do 4-bedroom homes rent for in 92661?

4-bedroom rentals in 92661 currently list at a median of $22,000 per month across 23 listings on Nalren.

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