Active

127 E Bay Avenue

Newport Beach CA, 92661

$4,995,000


$1,852.74 per sqft

Active

4 Beds

3.75 Baths

2,696 sqft

Residential

Built in 2023

Listed by Tim Smith with Coldwell Banker Realty 949-644-1600

Situated on a rare, 35' lot in a prime location, just a stone's throw from both the bay and the ocean, this custom-built residence stands as a testament to unmatched craftsmanship. A striking collaboration by Brian Olsin Design and Sepulveda Builders, the home exhibits a tasteful French modern exterior, effortlessly blending stone and smooth Santa Barbara stucco to forge an elegant facade. The swoon-worthy interiors, spanning approximately 2,695 square feet, are spread over three levels, comprising four bedrooms and four-and-a-half bathrooms. Upon stepping into the formal entry, you are welcomed into the open floorplan, where the warmth of oak hardwood flooring extends beneath your feet. Nestled within this layout is a cozy living room with a stone-surround fireplace and large glass doors offering direct access to the front porch - perfect for entertaining and taking in the ocean breezes. A chef's delight, the gourmet kitchen features top-of-the-line Thermador appliances, Carrara marble countertops, backlit shelving set against a stone backsplash, custom Shinnoki cabinetry, and an eat-in island beneath designer pendant lights. The second level houses the lavish fireplace-warmed primary suite characterized by dramatically vaulted ceilings, a private balcony, sitting room, and oversized walk-in closet complemented by a luxurious bathroom. This spa-inspired sanctuary hosts a sunken marble slab shower and Japanese soaking tub creating a haven of relaxation. Two additional en-suite bedrooms and a laundry room round out the second level. Crowning the residence is the fourth en-suite bedroom that opens onto a reinforced deck, engineered to accommodate a hot tub. This open-air space is enriched by a BBQ center, offering a peek-a-boo view of the ocean. Every aspect of this home, from the hardwood oak flooring to the wooden doors and trim, has been meticulously selected to exude sophistication and warmth. Other noteworthy details include a commercial-grade elevator servicing all three levels, a two-car attached garage supplemented by additional parking space for guests, outdoor shower, Western windows and doors throughout, seller-owned solar, and Sonos home system.

NP23101349

MLS ID

June 8, 2023

Listed

March 1, 2024

Updated

Map

127 E Bay Avenue
Newport Beach CA, 92661

Interior Features

Total Stories

3


Bedrooms

4 Beds


Bathrooms

3.75 Baths


Interior Features

Built-in Features, Balcony, Elevator, Stone Counters, Recessed Lighting, All Bedrooms Up, Walk-In Closet(s)


Appliances

Dishwasher, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood


Laundry Description

Inside, Laundry Room, Upper Level


Floor Description

Wood


Fireplace

Yes


Fireplace Description

Living Room, Primary Bedroom


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.06 Acres


Exterior Features

Barbecue, Lighting


Lot Features

0-1 Unit/Acre


Architectual Style

Custom


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified


High School

Newport Harbor


Elementary School

Newport

Other Property Details

Area Name

NP - Balboa Peninsula


Days on Market

253


Garage

Yes


Garage Spaces

2


Parking

Direct Access, Garage, Garage Faces Rear


Parking Total

2


View

Yes


View Description

Neighborhood, Ocean, Peek-A-Boo


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/7/2024

Active

2/2/2024

Active

1/23/2024

Under Contract

10/17/2023

Price Change

$4,995,000

-10%

10/11/2023

Active

9/7/2023

Under Contract

Listing Contact: 949-644-1600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/1/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/1/2024 at 5:44 PM UTC

 

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