1201 W Bay Ave, Newport Beach

Newport Beach Home For Sale

Welcome to the epitome of prime real estate on Balboa Peninsula! Are you in search of the perfect location offering breathtaking bay views and endless possibilities? Look no further, as this property is a canvas awaiting your vision. Perched majestically, this parcel of land presents a rare opportunity to craft your dream estate. Imagine building your custom mega mansion, where every window frames panoramic vistas of both the serene ocean and the tranquil bay. With ample space and unparalleled views, the potential for luxury living knows no bounds. Alternatively, for those with an eye for preserving the charm of the past, the existing cottage provides a nostalgic backdrop ripe for renovation. Envision blending the nostalgia of the cottage with a stunning new home on the front lot, capitalizing on the spectacular bay views. It's a fusion of history and modernity, creating a timeless masterpiece. Feeling inspired by the allure of multiple dwellings? Consider the option to construct two beautiful condos, each offering captivating views of the bay and the ocean. With the possibility of adding an ADU (Accessory Dwelling Unit), this property offers flexibility and versatility to accommodate diverse living arrangements. The potential for this amazing piece of property is limited only by your imagination. Whether you aspire to create a sprawling estate, preserve the charm of yesteryears, or develop luxury condos, the canvas is yours to transform. Embrace the opportunity to shape your vision against the backdrop of unparalleled natural beauty. The possibilities are endless; the choice is yours to make.

Property Details

1201 W Bay AveSquare Ft: 962Lot Size: 0.08Bedrooms: 2Bathrooms: 2Price: $3,000,000Zip: 92661
MLS® #: OC24044701Neighborhood: Balboa Peninsula (Residential) (BALP)Community: 626Levels: TwoGarages: 2School District: Newport Mesa UnifiedListed By: Maria Xanthakis, Seven Gables Real Estate

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • City:
    Newport Beach
  • County:
    Orange
  • Zip:
    92661
  • MLS® #:
    OC24044701
  • Bedrooms:
    2
  • Bathrooms:
    2
  • Square Ft:
    962
  • Lot Size:
    0.08
  • Neighborhood:
    Balboa Peninsula (Residential) (BALP)
  • Community:
    626
  • Levels:
    Two
  • Garages:
    2
  • School District:
    Newport Mesa Unified
  • HOA Dues:
    $

Price Change History for 1201 W Bay Ave, Newport Beach, (MLS® #OC24044701)

Date Details Price Change
Pending
Active Under Contract (from Active)
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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 12:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.