Annie Clougherty, Listing Office: Compass
1811 W Bay Ave Newport Beach, CA 92663
$4,515,000 List price
6 beds
4 full
3,092 sqft
0.07 acres
$1,460 / sqft
Multi-Family
Property details
About 1811 W Bay Ave
Bayfront Opportunity – Endless Potential! Welcome to 1811 W. Bay Ave, a rare bayfront duplex with a prime location directly in front of the tranquil sandy bay beach of picturesque Marina Park. This 6-bedroom, 4-bathroom property offers approximately 3,000 square feet of living space and includes a 4-car garage, presenting an incredible opportunity to create your ideal bayfront dream. Owned by the same family for over 60 years, this property is ready for your vision. Options abound: Investors: Rent out the existing two 3-bedroom, 2-bath units to maximize income, with combined rents approximated at $13,500/month in its current condition and with a little refresh, much more. Homeowners: Live in one unit and rent out the other, or transform the property into your very own single-family bayfront home with an ADU. Developers: Explore a condo conversion opportunity to create two separate residences. Short-term lodging is permissible (subject to permitting), adding flexibility to your investment. For those considering a 1031 exchange, this is an ideal candidate. BONUS OPPORTUNITY: The neighboring duplex at 1809 W. Bay is also available for sale, offering an exceptionally rare chance to own two side-by-side bayfront properties. Don’t miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size3,092 sqft
Lot size0.0746 Acres
Year built1968
ParkingGarage, Garage Faces Rear
MLS #NP24255097
Attached garage4 spaces
WaterfrontBeach, Bay Front
FireplaceLiving Room
ViewBay, City Lights, Harbor, Marina, Water
Summary
- MLS Number: NP24255097
- 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: 1/18/2025, 1:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,515,000
1811 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 |
|---|---|---|
| 2021 | $195,707 | $2,565 |
| 2020 | $193,701 | $2,540 |
| 2019 | $189,903 | $2,451 |
| 2018 | $186,180 | $2,451 |
| 2017 | $182,530 | $2,410 |
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. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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 1811 W Bay Ave in Newport Beach, CA and zip code 92663 in the Central Newport Beach neighborhood. This 3,092 square foot home, which was built in 1968, sits on a 0.07 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $4,515,000.
Newport Beach, CA housing market in December 2024 saw over 8 listings sold above listed price, more than 7 sold at listed price and over 46 sold below. The number of listings in Newport Beach, CA decreased by 7.4% between November and December 2024. While the average time on the market in December 2024 was 54 days, the median list price was $3,526,690.
From Rocket Homes Real Estate and based on county public records data.