Landlord's Agent in 2025
Rebecca Anderson
Surterre Properties Inc.
(949) 717-7100
24 Total Sales
124 E Bay Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $2,776,000 - $3,928,000
3
Beds
3
Baths
1,900
Sq Ft
$1,697/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Primary Bedroom Suite
- Updated Kitchen
- Newport Elementary School Rated A
- Across the Road from Lake or Ocean
- Peek-A-Boo Views
About This Home
As of July 2025Enjoy everything that Newport Beach has to offer in this recently remodeled and fully furnished home. This perfectly located 3 bedroom, 3 bath single family is just steps from both the bay and the beach yet extremely private, quiet, and secure. The Dutch Doors welcome you into this delightful, light and bright designer decorated home. The first floor includes a gourmet kitchen with state of the art stainless steel Thermador and Sharp Professional appliances, inviting dining area, spacious living room, laundry area and full bath. Upstairs, the home is appointed with 3 bedrooms, including an oversized primary with large walk in closet and spa like bath. The third level includes a large storage area and a generous rooftop deck to enjoy evening sunsets. This lovely home offers 3 patio spaces including a fire pit and outdoor shower. Ultra-clean with new luxury furnishings and parking for up to 3 vehicles. Garage parking for 1 car, carport for 1 car, and one additional parking space. Just a short stroll or bike ride to the world-class beaches, Balboa Village, restaurants, and the ferry, this is Newport Beach living at it’s finest! Home is be offered for long term lease starting in September 2025.
Full year lease is $14,000 monthly. 9 month,September- May lease is $11,5000 monthly.
Last Agent to Rent the Property
Surterre Properties Inc. Brokerage Email: randerson@surterreproperties.com License #01913892 Listed on: 03/31/2025
Co-Listed By
Surterre Properties Inc. Brokerage Email: randerson@surterreproperties.com License #01972835
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 40'x60'
- Wood Fence
- Corner Lot
- Private Yard
- Density is up to 1 Unit/Acre
- Property is zoned R2
Parking
- 1 Car Direct Access Garage
- Attached Carport
- Parking Available
Home Design
- Traditional Architecture
- Patio Home
- Entry on the 1st floor
Interior Spaces
- 1,900 Sq Ft Home
- 3-Story Property
- Furnished
- Sliding Doors
- Family Room with Fireplace
- Living Room
- Dining Room
- Storage
- Laundry Room
- Tile Flooring
- Peek-A-Boo Views
Kitchen
- Updated Kitchen
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Kitchen Island
- Quartz Countertops
- Built-In Trash or Recycling Cabinet
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathroom on Main Level
- 3 Full Bathrooms
Outdoor Features
- Property has ocean access
- Beach Access
- Balcony
- Enclosed Patio or Porch
- Exterior Lighting
- Rooftop Access
Location
- Across the Road from Lake or Ocean
Utilities
- Central Air
- Tankless Water Heater
- Water Softener
Listing and Financial Details
- Security Deposit $14,500
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 9/1/25
- Legal Lot and Block 16 / A
- Tax Tract Number 220
- Assessor Parcel Number 04806113
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Park
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2016
Closed on
Oct 31, 2016
Sold by
Thompson Mark A
Bought by
Keillor Eric and Keillor Deborah
Seller's Agent
Spyro Kemble
Surterre Properties Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,590,000
Sold Price
$1,530,500
Premium/Discount to List
-$59,500
-3.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,692,867
Avg. Annual Appreciation
8.39%
Original Mortgage
$1,000,000
Outstanding Balance
$783,280
Interest Rate
2.67%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,440,087
Purchase Details
Closed on
Oct 3, 2001
Sold by
Thompson Kathryn G
Bought by
Thompson Kathryn G and Fred K & Kathryn G Thompson Survivors Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keillor Eric | $1,530,500 | Title 365 | |
| Thompson Kathryn G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keillor Eric | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/03/2025 07/03/25 | Rented | $14,000 | +21.7% | -- | |
| 05/16/2025 05/16/25 | Price Changed | $11,500 | -17.9% | $6 / Sq Ft | |
| 03/31/2025 03/31/25 | For Rent | $14,000 | +33.3% | -- | |
| 02/03/2025 02/03/25 | Rented | $10,500 | 0.0% | -- | |
| 10/18/2024 10/18/24 | Price Changed | $10,500 | -8.7% | $6 / Sq Ft | |
| 09/18/2024 09/18/24 | Price Changed | $11,500 | -4.2% | $6 / Sq Ft | |
| 08/23/2024 08/23/24 | Price Changed | $12,000 | -7.7% | $6 / Sq Ft | |
| 07/15/2024 07/15/24 | For Rent | $13,000 | +8.3% | -- | |
| 09/17/2023 09/17/23 | Rented | $12,000 | 0.0% | -- | |
| 09/11/2023 09/11/23 | Price Changed | $12,000 | -7.7% | $6 / Sq Ft | |
| 08/18/2023 08/18/23 | Price Changed | $13,000 | -7.1% | $7 / Sq Ft | |
| 08/06/2023 08/06/23 | For Rent | $14,000 | 0.0% | -- | |
| 11/23/2016 11/23/16 | Sold | $1,530,500 | -3.7% | $808 / Sq Ft | View Prior Sale |
| 10/24/2016 10/24/16 | Pending | -- | -- | -- | |
| 10/11/2016 10/11/16 | For Sale | $1,590,000 | -- | $839 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,717 | $1,776,274 | $1,594,722 | $181,552 |
| 2024 | $18,717 | $1,741,446 | $1,563,453 | $177,993 |
| 2023 | $18,278 | $1,707,300 | $1,532,797 | $174,503 |
| 2022 | $17,973 | $1,673,824 | $1,502,742 | $171,082 |
| 2021 | $17,630 | $1,641,004 | $1,473,276 | $167,728 |
| 2020 | $17,460 | $1,624,178 | $1,458,169 | $166,009 |
| 2019 | $17,101 | $1,592,332 | $1,429,578 | $162,754 |
| 2018 | $16,761 | $1,561,110 | $1,401,547 | $159,563 |
| 2017 | $16,465 | $1,530,500 | $1,374,065 | $156,435 |
| 2016 | $4,527 | $405,277 | $272,533 | $132,744 |
| 2015 | $4,482 | $399,190 | $268,439 | $130,751 |
| 2014 | $4,376 | $391,371 | $263,181 | $128,190 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Anderson
-
Lisa Doan-Minh
Landlord's Co-Listing Agent in 2025
Lisa Doan-Minh
Surterre Properties Inc.
(949) 690-3918
17 Total Sales
-
Jennifer McDonald
Tenant's Agent in 2025
Jennifer McDonald
Compass
(949) 438-4340
33 Total Sales
-
Veronica Uriarte
Buyer's Agent in 2023
Veronica Uriarte
LEGACY HOMES MANAGEMENT INC
(951) 870-9752
33 Total Sales
-
Spyro Kemble
S
Seller's Agent in 2016
Spyro Kemble
Surterre Properties Inc.
(949) 717-7448
4 Total Sales
-
A
Seller Co-Listing Agent in 2016
Albert Del Rio
Albert Del Rio, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25068310
APN: 048-061-13
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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
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