122 E Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodHighlights
- Open Floorplan
- Wood Flooring
- Furnished
- Newport Elementary School Rated A
- Main Floor Bedroom
- Quartz Countertops
About This Home
If you’ve been dreaming of the perfect beach bungalow escape, your search may be over. This charming 2-bedroom, 1-bath detached single-family home delivers the effortless lifestyle the Balboa Peninsula is known for. Completely rebuilt in 2021, this single-level coastal jewel at 122 E. Bay Ave. welcomes you with an easy, relaxed charm—from the terrazzo entry steps to the Dutch door that sets the tone for the home’s inviting beachside character. Inside, the interiors reflect the soft, natural palette of the coastline: crisp whit s, sun-washed tones, beautiful white oak flooring, and thoughtfully curated lighting and cabinetry that create a breezy, sophisticated retreat. Every detail has been designed to maximize both comfort and style. Custom built-ins provide clever storage while doubling as relaxed seating—perfect for morning coffee after a surf or evening conversations after a sunset walk. A handsome mantel crowns the recycled terrazzo fireplace surround, creating a cozy focal point that flows seamlessly into the open kitchen.
The kitchen itself feels perfectly suited for casual coastal living, featuring premium stainless appliances, quality fixtures, and a striking island with waterfall edges, seating, hidden electrical, and subtle backlighting. The front patio, the outdoor shower and private rear yard are ideal after gathering with friends at the beach. Step outside and you’re immersed in the friendly rhythm of Peninsula life. Surfing, skimboarding, swimming beaches, and bayfront activities are all moments away, making it easy to embrace the carefree lifestyle that defines this iconic coastal community. With its relaxed design, thoughtful craftsmanship, and unbeatable value as the lowest-priced single-family home on the Peninsula by a wide margin, this beach bungalow lives far larger than its footprint suggests. Chic. Effortless. A place to slow down, breathe in the ocean air, and create memories for generations. This is more than a home—it’s your personal coastal sanctuary.
Listing Agent
Compass Brokerage Phone: 949.689.8594 License #01338862 Listed on: 03/15/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1925 | Remodeled
Lot Details
- 1,860 Sq Ft Lot
- Rectangular Lot
Home Design
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 928 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Built-In Features
- Recessed Lighting
- Double Pane Windows
- Entryway
- Family Room Off Kitchen
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Built-In Range
- Range Hood
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 1 Full Bathroom
- Quartz Bathroom Countertops
- Walk-in Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Community Details
- No Home Owners Association
- Balboa Peninsula Subdivision
Listing and Financial Details
- Legal Lot and Block 17 / A
- Tax Tract Number 220
- Assessor Parcel Number 04806114
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,288 | $2,122,416 | $2,039,798 | $82,618 |
| 2024 | $22,288 | $2,080,800 | $1,999,801 | $80,999 |
| 2023 | $21,765 | $2,040,000 | $1,960,589 | $79,411 |
| 2022 | $21,404 | $2,000,000 | $1,922,146 | $77,854 |
| 2021 | $9,141 | $834,190 | $815,183 | $19,007 |
| 2020 | $1,353 | $101,278 | $90,040 | $11,238 |
| 2019 | $1,331 | $99,293 | $88,275 | $11,018 |
| 2018 | $1,305 | $97,347 | $86,545 | $10,802 |
| 2017 | $1,282 | $95,439 | $84,848 | $10,591 |
| 2016 | $1,256 | $93,568 | $83,184 | $10,384 |
| 2015 | $1,241 | $92,163 | $81,934 | $10,229 |
| 2014 | $1,211 | $90,358 | $80,329 | $10,029 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2026 03/15/26 | For Sale | $2,350,000 | +17.5% | $2,532 / Sq Ft | |
| 11/15/2021 11/15/21 | Sold | $2,000,000 | +0.3% | $2,155 / Sq Ft | View Prior Sale |
| 11/04/2021 11/04/21 | Pending | -- | -- | -- | |
| 10/11/2021 10/11/21 | For Sale | $1,995,000 | -- | $2,150 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,000,000 | Chicago Title | |
| Grant Deed | $1,183,000 | Lawyers Title Company | |
| Grant Deed | $1,250,000 | Lawyers Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | New Conventional | |
| Previous Owner | $1,194,250 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP26056313
APN: 048-061-14
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 116 E Oceanfront
- 126 E Balboa Blvd
- 211 E Bay Ave
- 506 W Oceanfront Unit 2
- 218 E Oceanfront
- 306 Alvarado Place
- 514 W Balboa Blvd
- 307 Fernando St
- 315 E Bay Ave
- 310 Fernando St Unit 303
- 310 Fernando St Unit 100
- 417 E Balboa Blvd
- 417 E Bay Ave
- 613 E Balboa Blvd Unit A
- 700 E Oceanfront
- 203 8th St
- 820 W Balboa Blvd
- 302 S Bay Front
- 304 S Bay Front
- 920 W Balboa Blvd
- 312 Anade Ave Unit B
- 208 E Balboa Blvd
- 307 Anade Ave Unit 1/2
- 111 E Edgewater Ave Unit B
- 108 E Oceanfront
- 502 W Balboa Blvd
- 509 W Balboa Blvd
- 419 E Bay Ave
- 413 E Edgewater Ave
- 421 E Balboa Blvd
- 500 E Balboa Blvd
- 206 Adams St Unit 1
- 504 E Balboa Blvd
- 800 W Oceanfront
- 812 W Balboa Blvd
- 110 Pearl Ave
- 112 Pearl Ave
- 510 1/2 S Bay Front
- 120 Garnet Ave
- 900 E Balboa Blvd
Ask me questions while you tour the home.