122 E Bay Avenue, Newport Beach, California 92661, Newport Beach, 92661 - 2 bed, 1 bath

122 E Bay Avenue, Newport Beach, California 92661 home-pic-0
ACTIVE$2,695,000
122 E Bay Avenue, Newport Beach, California 92661
2Beds
1Bath
928Sqft
1,860Lot
Year Built
1925
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
$2,904
HOA
-
Days on market
-
Sold On
-
MLS number
NP25268228
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $2.69M(12th), sqft - 928(8th), beds - 2(27th), baths - 1(15th).

If you were to instruct AI, "Find me the PERFECT coastal retreat in Newport Beach . . . This is what you'd see! Rebuilt in 2021 with painstaking effort, highlighting the symbiotic relationship between form and function, you find this single-level jewel box known as 122 E. Bay Ave. From the terrazzo steps to the white oak Dutch door, you'll find the most inviting, warm, chic abode on the peninsula . . . . and it can be yours in time for the Holidays ! Inspired interiors which mirror the palette of our coastline, showcase "the perfect white" wall and ceiling tones, offset with gorgeous white oak wood floors, custom lighting & cabinetry and a selection of stone and tile compliments that herald something really special. Custom built-ins which offer storage while doing double duty as strategic seating, a hand-hewn white oak fireplace mantel which artfully tops a recycled terrazzo fireplace surround, all present within full-view of the fully decked kitchen. Premium stainless appliances, quality fixtures, and a stunning island with seating, featuring a waterfall finish, hidden electrical capabilities, and backlighting all add to the curation of this GEM. From the friendly neighborhood environment, to the availability of surfing, skim boarding, swimming beaches, and bay venues . . . never has 2 bedrooms and 1 bath lived this well! This is the ideal treat for you and yours to enjoy for generations. This is a sanctuary.

Nearby schools

9/10
Newport Elementary School
Public,PK-60.8mi
7/10
Horace Ensign Intermediate School
Public,7-81.2mi
7/10
Newport Harbor High School
Public,9-121.4mi

Price History

Date
Event
Price
12/01/25
Listing
$2,695,000
11/15/21
Sold
$2,000,000
03/05/21
Sold
$1,183,000
03/05/21
Sold
$1,250,000
Condition Rating
Excellent

Despite the original build year of 1925, the property was extensively rebuilt in 2021, making it virtually new. The kitchen features premium stainless steel appliances, modern white cabinetry, light countertops with a waterfall island, and contemporary fixtures. The bathroom is also fully updated with a floating wood vanity, designer tile in the glass-enclosed shower, and modern fixtures. High-quality white oak wood floors, custom lighting, and a fresh, modern aesthetic are evident throughout the home, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Situated on the highly sought-after Balboa Peninsula in Newport Beach, offering unparalleled access to beaches, bay venues, and a vibrant coastal lifestyle.
Extensive Recent Renovation: Completely rebuilt in 2021 with 'painstaking effort,' ensuring modern infrastructure, high-end aesthetics, and a virtually new home experience.
High-End Custom Finishes: Boasts sophisticated interiors with gorgeous white oak wood floors, custom lighting, bespoke cabinetry, premium stainless appliances, and unique design elements like a recycled terrazzo fireplace surround.
Turnkey & Move-in Ready: The comprehensive recent rebuild and designer finishes mean the property is in immaculate, move-in ready condition, minimizing immediate maintenance or upgrade needs.
Exceptional Lifestyle Access: Offers direct access to a friendly neighborhood environment and a plethora of recreational activities including surfing, skim boarding, swimming beaches, and bay venues.

Cons

Limited Living Space: With only 2 bedrooms and 1 bathroom across 928 sqft, the property offers restricted living space, potentially limiting its appeal to smaller households or as a secondary residence.
Small Lot Size: The 1,860 sqft lot is relatively small, offering limited outdoor space and potential for expansion, which may not align with expectations for a property at this price point.
Absence of Views: Despite its prime coastal setting, the property description explicitly states 'None' for views, which can be a considerable drawback for buyers expecting water or scenic vistas in this location.

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