#NP25035301, Michael Steiner, Listing Office: Steiner Real Estate Invest.
1809 W Bay Ave Newport Beach, CA 92663
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
(Active Under Contract)
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.
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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
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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.
Similar homes for sale
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.