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Sold

1515 E Bay Avenue sold on September 28, 2020 for $10,325,000, 0.2% below the $10,350,000 asking price on its first day on the market. The buyer paid cash. The details are below for reference.

Single Family ResidenceSold · Sep 28, 2020

1515 E Bay Avenue, Newport Beach, CA 92661

  • 3 beds
  • 6 baths
  • 3,400 sq ft
  • 8,595 sq ft lot
  • Built 1933

Own 1515 E Bay Avenue? Request a free home valuation to see what it is worth today.

$10,325,000

MLS# NP20200111

Subdivision Balboa Peninsula Point

26 single-family homes sold in the past 12 months · median $4,575,000

See homes for sale in Balboa Peninsula

The home

About 1515 E Bay Avenue

1515 East Bay Avenue is a rare opportunity to enjoy your own personal paradise in the coveted Peninsula Point neighborhood of Newport Beach. The offering boasts an oversized 45-foot bayfront lot, plus 3 additional lots behind the main property, which are currently situated as garages, a grassy lawn, and a private paddle tennis court. Designed by renowned celebrity architect Paul R. Williams, the home offers an extraordinary blending of indoor and outdoor areas and thoughtfully designed, light-filled living spaces. Embracing its coastal location, nearly every room in the home features a view of the harbor. The living and dining rooms open up to a spacious covered patio and manicured rear grounds, providing the ideal environment from which to view and join in the waterfront activities. Equipped with state-of-the-art appliances, exquisite tiled backsplashes, and a view of the harbor, the kitchen is worthy of even the most discerning home chef. Upstairs, the master suite features a connected sitting area and office, an en suite spa-inspired master bathroom, and a dual set of French doors that open to a deck overlooking the water. The best of both worlds, this home offers a coveted bayfront peninsula location, yet is only minutes from some of California’s best world-class dining and shopping. The main house alone would be an exceptional offering; combined with the 3 additional recreation lots, this estate is in a league of its own. Some opportunities truly are once-in-a-lifetime.

Property details for 1515 E Bay Avenue

This 3-bedroom, 6-bath single-family home sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It has 3,400 square feet of living space on an 8,595-square-foot lot. The home was built in 1933. The MLS record lists the assessor parcel number as 048-182-22. Highlights include bay and panoramic views, bay frontage, a fireplace, an attached eight-car garage, central air, and traditional architecture.

Specifications

Home Details

General Features

Property Type
Single Family Residence
MLS Number
NP20200111
Year Built
1933
Living Area (sq ft)
3,400
Lot Size (sq ft)
8,595
Lot Size (acres)
0.1973
Levels
Two
Bedrooms
3
Full Baths
1
Half Baths
2
Garage Spaces
8
Parking Spaces
8
View
Bay, City Lights, Panoramic, Water
Parcel Number
04818222
On Market Date
2020-09-28
Listing Terms
Standard

Interior Features

Interior Features
Breakfast Bar, Built In Features, Crown Molding, Separate Formal Dining Room, All Bedrooms Up, Primary Suite, Walk In Closets
Appliances
Six Burner Stove, Built In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Flooring
Wood
Heating
Forced Air
Cooling
Central Air
Fireplace
Living Room, Primary Bedroom
Laundry
Inside, Laundry Room
Main Level Bathrooms
2
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Architectural Style
Traditional
Roof
Shingle
Lot Features
Zero To One Unit Acre
Patio and Porch
Brick, See Remarks
Parking
Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Units
1

Community Features

Subdivision
Balboa Peninsula Point (BLPP)
Community Features
Curbs

The record

Property History for 1515 E Bay Avenue

DateEventPriceNote
Sep 28, 2020 Sold $10,325,000
Sep 28, 2020 Listed for sale $10,350,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1515 E Bay Avenue

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0382K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 5,000 Mbps, at 68 of 70 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 70 of 70. Fixed wireless: Verizon, up to 300 Mbps, at 67 of 70.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001002, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.9 miles away (5 Level 2 ports). 146 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

1515 E Bay Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 1515 E Bay Avenue

Thinking of selling nearby? We bring current Balboa Peninsula Point sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Balboa Peninsula Point home sales, past 12 months

Homes sold
26
Median price
$4,575,000
Median days on market
13
Median per sq ft
$2,914

Recorded MLS closings of single-family homes, Nov 1, 2025 to Nov 1, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula Point sales

AddressClosedPriceSq ftPer sq ftDays on market
2007 Miramar Oct 29, 2026 $4,850,000 2,408 $2,014 0
449 M Street Oct 29, 2026 $3,800,000 1,174 $3,237 12
2012 E Ocean Boulevard Sep 28, 2026 $3,650,000 1,643 $2,222 8
503 L Street Sep 22, 2026 $6,600,000 3,148 $2,097 93
1730 E Ocean Boulevard Sep 18, 2026 $4,200,000 2,100 $2,000 110

Schools

School District for 1515 E Bay Avenue

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Kimberly Bibb of Villa Real Estate

Listing information updated Apr 30, 2021 at 10:16 AM PT. Source: CRMLS.

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