317 E Bay Avenue, Newport Beach, CA

$4,650,000

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4

Beds

5

Baths

2,620

Square feet

0.06

Acres

Listing Agent
Victoria Lee - Compass

317 E Bay Avenue Listing Summary

317 E Bay Avenue, MLS#: LG23151516 is located in the Balboa Peninsula (Residential) (BALP) neighborhood of Newport Beach, CA, Zip Code: 92661. The home is an ample 2,620 sq. ft., with 4 bedrooms and 5 bathrooms, along with 2 garages. The Residential, property was constructed in 2021 and has been on the market for 106 days. The property is currently listed at $4,650,000 and recently experienced a price decrease of $345,000 on October 27th, 2023. Nearby schools include Newport Elementary School, Horace Ensign Middle School and Newport Harbor High School.

About 317 E Bay Avenue

Amazing Value! Built in 2022, this Coastal chic four bedroom, four-and-a-half bath home is situated on a corner lot just steps from the sand in Balboa. The carefully designed open floor plan includes en suite bedrooms, each with private balconies. 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 second floor is home to 3 bedrooms, a family room and a convenient laundry room. The sleek primary suite includes a large 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 top 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.

Features of 317 E Bay Avenue

MLS® # LG23151516
Price $4,650,000
Bedrooms 4
Bathrooms 5.00
Full Baths 4
Square Footage 2,620
Acres 0.06
Year Built 2021
Type Residential
Sub-Type Single Family Residence
Style Other
Status Active

Community Information

Address 317 E Bay Avenue
Area NP - Balboa Peninsula
Subdivision Balboa Peninsula (Residential) (BALP)
City Newport Beach
County Orange
State CA
Zip Code 92661

Amenities

Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Parking Spaces 2
Parking Direct Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
# of Garages 2
Garages Direct Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear
View City Lights, Neighborhood, Ocean, Water
Is Waterfront No
Waterfront Ocean Side Of Freeway, Ocean Side Of Highway
Has Pool No
Pool None

Interior

Interior Stone, Wood
Interior Features Built-in Features, Balcony, Elevator, Open Floorplan, Pantry, Stone Counters, Entrance Foyer, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
Appliances 6 Burner Stove, Built-In Range, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Heating Forced Air
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Gas Starter, Living Room
# of Stories 3
Stories Three Or More

Exterior

Exterior Stucco
Lot Description Corner Lot, Drip Irrigation/Bubblers, Rectangular Lot
Windows Double Pane Windows
Construction Stucco
Foundation Slab, Raised

School Information

District Newport Mesa Unified
Elementary Newport
Middle Horace Ensign
High Newport Harbor

Additional Information

Date Listed August 25th, 2023
Days on Market 106
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentVictoria Lee
OfficeCompass
Contact Info949-466-3224

Listing Map

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