#NP25035301, Michael Steiner, Listing Office: Steiner Real Estate Invest.
$4,400,000 List price
1809 W Bay Ave Newport Beach, CA 92663
5 beds
4 full
3,078 sqft
0.07 acres
$1,430 / sqft
Multi-Family
Property details
About 1809 W Bay Ave
Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach—just a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today. Two Units, Flexible Layout Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner’s unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters. Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready. Rare 4-Car Garage + two laundry areas for added convenience. Rental & Investment Potential: Projected rental income: approx. $16,500/month Eligible for condo conversion (with city approval)—unlocking additional upside potential. Incredible Value Backed by Sales Data: 1801 W. Bay sold for $4.2M in Sept 2023—without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At today’s price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.
Highlights
Home typeDuplex
HeatingForced Air
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingDuctless, Electric
Size3,078 sqft
Lot size0.0726 Acres
Year built1968
ParkingGarage
MLS #NP24242518
Attached garage4 spaces
WaterfrontBeach
FireplaceFamily Room
ViewBay, City Lights, Other, Harbor, Marina, Panoramic, Water
Summary
- Full Bathrooms: 4
- Appliances: Range, Dishwasher, Gas Range
- Flooring Type: Carpet, Vinyl
- Interior: Breakfast Bar, Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
- Fireplace: Family Room
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage
- Waterfront: Beach
- View: Bay, City Lights, Other, Harbor, Marina, Panoramic, Water
- Heating: Forced Air
- Cooling: Ductless, Electric
- List Price: $4,400,000
- Price/SqFt: $1,429
- HOA Amount: $0
- Annual Tax Amount: $44,335
- Tax Year: 2024
- Directions: Balboa Blvd to 18th and turn onto Bay Ave.
- Year Built: 1968
- Stories: 2
- Living Area: 3,078 SqFt
- Lot Size: 0.0726 Acres
- MLS Number: NP24242518
- MLS Name: CRMLS
- Office Name: Compass
- Office Email: annie.clougherty@compass.com
- Listing Agent: Annie Clougherty
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 10:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,400,000
1809 W Bay Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,161,600 | $44,335 |
| 2023 | $4,080,000 | $43,299 |
| 2022 | $192,271 | $2,534 |
| 2021 | $188,501 | $2,489 |
| 2020 | $186,569 | $2,465 |
| 2019 | $182,911 | $2,379 |
| 2018 | $179,325 | $2,379 |
| 2017 | $175,809 | $2,339 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.4 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.4 mi
•300 E 15th St
7
Mariners Elementary School
Public District KG-6
2.0 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $110,552. Residents of Newport Beach, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
11%
<35k
33%
35k-100k
29%
100k-200k
27%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1809 W Bay Ave in Newport Beach, CA and zip code 92663 in the Central Newport Beach neighborhood. This 3,078 square foot home, which was built in 1968, sits on a 0.07 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 2, 2024 and is currently priced at $4,400,000.
In April 2025 more than 8 listings in Newport Beach, CA were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 64 were sold below. The inventory of homes for sale in Newport Beach, CA between March and April 2025 increased by 6.9%. In April 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $3,600,000.
From Rocket Homes Real Estate and based on county public records data.