#NP24255097, Annie Clougherty, Listing Office: Compass
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
Summary
- Appliances: Range, Dishwasher, Gas Range
- Flooring Type: Carpet, Vinyl
- Interior: 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
- Garage Space: 4 spaces
- Private Pool: No
- Parking: Garage, Garage Faces Rear
- View: Bay, City Lights, Other, Harbor, Marina, Panoramic, Water
- Heating: Forced Air
- Cooling: Ductless, Electric
- List Price: $4,400,000
- Annual Tax Amount: $44,335
- Tax Year: 2024
- Directions: Balboa Blvd to 18th and turn onto Bay Ave.
- Year Built: 1968
- Stories: 2
- Lot Size: 0.0726 Acres
- MLS Number: NP25015411
- 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.
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Last updated on: 5/5/2025, 10:20:54 AM 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. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $4,400,000.
In April 2025, from all listings sold in Newport Beach, CA there were more than 8 sold above asking price, over 64 sold below and more than 16 were sold right at the asked price. The number of listings in Newport Beach, CA increased by 6.9% between March and April 2025. While the average time on the market in April 2025 was 41 days, the median list price was $3,600,000.