Sold
422 E Bay Avenue sold on July 1, 2024 for $3,100,000, 8.8% below the $3,400,000 asking price after 77 days on the market. The buyer financed the purchase. The details are below for reference.
422 E Bay Avenue, Newport Beach, CA 92661
- 5 beds
- 6 baths
- 2,683 sq ft
- 2,402 sq ft lot
- Built 2024
Own 422 E Bay Avenue? Request a free home valuation to see what it is worth today.
$3,100,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
This home has a newer listing: MLS NP24052384 (Sold).
The home
About 422 E Bay Avenue
READY TO BUILD with APPROVED PLANS and a SHORT TERM RENTAL PERMIT. This is your opportunity to build a custom home on the iconic Balboa Peninsula, just steps from the bay and a short walk to the beach, the Balboa Pier, Balboa Island Ferry, Fun Zone and the infamous Wedge. Plans for this 3-level home boast a pristine design with an open concept floor plan and an elevator to all three levels. The main level features a chef’s kitchen with a large island and bar seating that opens to an airy and light-filled living area. Adjacent to the kitchen is an outdoor courtyard separated only by glass doors allowing the ultimate indoor/outdoor living with room for a fire pit, grill or seating for entertaining guests. On the second level, a sleek primary suite includes a luxurious spa bathroom with dual vanities, large soaking tub and oversized walk-in shower. The primary suite also features a private balcony and a spacious walk-in closet. There are three secondary bedrooms on the second floor and an additional bedroom with full bath on the third level. The magnificent 1,000+ sq. ft. rooftop terrace is truly an entertainer's dream with its multiple covered and uncovered lounging areas, and plans for an outdoor kitchen, fire pit and hot tub. The oversized 2-car garage will be outfitted with a charging port for an electric vehicle and there is ample room for storage cabinets and bikes. The highly sought after short term rental permit is transferred to the buyer with the sale of the property, which will significantly increase the property’s rental income. This rare offering is a great opportunity for any discerning buyer or investor.
Property details for 422 E Bay Avenue
This 5-bedroom, 6-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,683 square feet of living space on a 2,402-square-foot lot. The home was built in 2024. The MLS record lists the assessor parcel number as 048-111-13. Highlights include coastline views, a fireplace, an attached two-car garage, central air, new construction, and Cape Cod architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP24034851
- Year Built
- 2024
- Living Area (sq ft)
- 2,683
- Lot Size (sq ft)
- 2,402
- Lot Size (acres)
- 0.0551
- Levels
- Three Or More
- Bedrooms
- 5
- Full Baths
- 6
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Coastline
- Parcel Number
- 04811113
- On Market Date
- 2024-03-14
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Up, Jack And Jill Bath, Primary Suite, Walk In Closets
- Cooling
- Central Air
- Fireplace
- Great Room, Primary Bedroom
- Laundry
- Inside, Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Architectural Style
- Cape Cod, Contemporary
- Construction
- Fiber Cement
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Deck, Patio, Rooftop
- Parking
- Door Multi, Direct Access, Electric Vehicle Charging Stations, Garage, Oversized, Garage Faces Rear
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking, Storm Drains, Street Lights, Sidewalks, Water Sports
The record
Property History for 422 E Bay Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Jul 1, 2024 | Sold | $3,100,000 | |
| Jun 19, 2024 | Status changed to Pending | From Active Under Contract | |
| Jun 1, 2024 | Status changed to Active Under Contract | From Active | |
| May 15, 2024 | Status changed to Active | From Active Under Contract | |
| Apr 29, 2024 | Status changed to Active Under Contract | From Active | |
| Mar 14, 2024 | Listed for sale | $3,400,000 | |
| Apr 26, 2023 | Sold | $2,600,000 | GREEN WORLD ASSOCIATES |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 422 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 AO, inside 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 21 of 21 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 21 of 21. DSL: AT&T, up to 10 Mbps, at 1 of 21.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003015, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.1 miles away (Tesla Destination, 1 Level 2 port). 156 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
422 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.
Selling near 422 E Bay Avenue
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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 (Residential) home sales, past 12 months
- Homes sold
- 27
- Median price
- $7,300,000
- Median days on market
- 35
- Median per sq ft
- $2,501
Recorded MLS closings of single-family homes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1123 E Balboa | Oct 25, 2026 | $10,900,000 | 2,851 | $3,823 | 36 |
| 915 W Bay Avenue | Oct 19, 2026 | $4,921,000 | 2,270 | $2,168 | 3 |
| 3603 Lake Avenue | Oct 5, 2026 | $4,550,000 | 2,200 | $2,068 | 0 |
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 422 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 Jodi DiTolla of DiTolla Real Estate
Listing information updated Dec 4, 2024 at 4:02 PM PT. Source: CRMLS.
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.