NOT LISTED FOR SALE

400 S Bay Front Unit 5 Newport Beach, CA 92662

Balboa Island Neighborhood
6 Beds
5.5 Baths
4,140 Sq Ft
1951 Built

Last Sold October 31, 2018

Last sale price $8,200,000 $1,981 Per Sq Ft

15 Days on Market

Highlights

  • Coastline Views
  • 5,227 Sq Ft lot
  • 2 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • 1-minute walk to Balboa Island Park

About This Home

As of October 2018

Spectacular opportunity to own a rare corner DOUBLE LOT on sought-after South Bayfront. Located on the desirable quiet end of Balboa Island, this property offers a truly unique and special chance to own one of the most dynamic pieces of real estate in all of Newport Harbor. Resting on a select corner, this massive parcel, which can be subdivided according to the City of Newport Beach, is ideally situated to afford a new owner the opportunity to build two new custom homes or one large estate with the best views in Newport Beach. The current structure is comprised of five units, including a large
two bedroom “penthouse” unit upstairs, along with four additional one-bedroom units below. The picturesque location would allow the new structure(s) to capture stunning vistas of the Turning Basin, Peninsula, Pavilion, and much more. This property is one of the most uncommon finds to hit the Island market in years. Don’t miss out.

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 04/17/2018

Co-Listed By

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Last Buyer's Agent

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot
  • Value in Land

Parking

  • 2 Car Attached Garage
  • 3 Carport Spaces

Property Views

  • Coastline
  • Bay
  • City Lights

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 99
  • Assessor Parcel Number 05004313

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05004313
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4140.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1980.68
  • Room Type: Living Room

Exterior Features

  • View: Bay, City Lights, Coastline
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 5227.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 1
  • Tax Tract Number: 99

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $8,200,000 -5.7% $1,981 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $8,695,000 -- $2,100 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Abrams

    Seller's Agent in 2018

    Don Abrams

    Abrams Coastal Properties

    (714) 325-9055

    69 in this area

    96 Total Sales

    Don Abrams
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Ryan Gunderson

    Arbor Real Estate

    (949) 673-3444

    67 in this area

    102 Total Sales

    Ryan Gunderson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18082825

California Regional Multiple Listing Service (CRMLS)

California Orange County Newport Beach 92662 Balboa Island

400 S Bay Front Unit 5, Newport Beach, CA

This home is located at 400 S Bay Front Unit 5, Newport Beach, CA 92662 since 17 April 2018. This property was built in 1951. 400 S Bay Front Unit 5 is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

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.

California Regional Multiple Listing Service (CRMLS) 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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