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Sold for $4,650,000 · Jul 2024

SOLD

Listed at $4,825,000

Sold

317 E Bay Avenue, Newport Beach, CA 92661

Newport Beach, CA

MLS# LG24080236

2,620 Sq Ft • Single Family Home4bd • 5ba
57 days on market

Listing Agent

Victoria Lee

Listing Agent

Compass

DRE #: 00664250

Brokerage: Compass

Property Details

4

Bedrooms

5

Bathrooms

2,620 sqft

Square Feet

2022

Year Built

2,400 sqft

Lot Size

$1,775

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Lifelong Summer memories start in your new home by the sea on the famed Balboa Peninsula! This 4 Bedroom, 5 Bath home has been carefully designed to take advantage of the Coastal lifestyle. 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 Pavilion, Fashion Island and the hills. The second floor is home to 3 bedrooms, a family room and a convenient laundry room. The sleek primary suite includes a 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 third 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.

Listing description from the July 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
CentralAir
Heating
ForcedAir
View
CityLights, Neighborhood, Ocean, Water

Sale history for 317 E Bay Avenue

2 recorded sales

$4,650,000
Sold July 2024 · listed $4,825,000, on market April 2024, 57 days on market · MLS #LG24080236 · Source: CRMLS
Listing Agent: Victoria Lee · Listing Office: Compass · Contact: 949-466-3224 · Bought with: Kimberly Pearson · Real Broker
$4,595,000
Sold May 2022 · on market May 2022 · MLS #NP22098045 · Source: CRMLS
Listing Agent: Tara Foster Shapiro · Listing Office: Pacific Sotheby's Int'l Realty · Contact: 949-554-1200 · Bought with: Victoria Lee · Compass

How this sale compares

317 E Bay Avenue sold for $4,650,000 in July 2024, 3.6% under its $4,825,000 list price, after 57 days on the market. That works out to $1,775 per square foot on 2,620 square feet. Across 39 closed sales in 92661 over the last 12 months, the median sold price is $4,921,000 and the median is $2,343 per square foot, 32% above this sale's $1,775. 4-bedroom rentals in 92661 currently list at a median of $20,000 a month (21 listings).

$1,775
This sale, per sq ft
$2,343
92661 median per sq ft (12 mo)
$4,921,000
92661 median sold price (12 mo)
39
Closed sales in 92661 (12 mo)
57
Days on market
−3.6%
Sold vs. list price
QuarterClosed sales in 92661Median sold price
Q1 20264$5,350,000
Q2 202615$6,700,000
Q3 202616$4,400,000
Q4 20264$4,885,500

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

Recent sales near 317 E Bay Avenue

Closed sales reported in 92661, newest first, last 12 months. All recent sales in Newport Beach →

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