Sold
1027 W Bay Ave B sold on July 9, 2024 for $4,100,000, 6.7% below the $4,395,000 asking price after 146 days on the market; it was first listed at $5,195,000. The buyer paid cash. The details are below for reference.
1027 W Bay Ave B, Newport Beach, CA 92663
- 3 beds
- 4 baths
- 3,073 sq ft
- 4,470 sq ft lot
- Built 2023
Own 1027 W Bay Ave Unit B? Request a free home valuation to see what it is worth today.
$4,100,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
The home
About 1027 W Bay Ave B
House B: Experience the pinnacle of Newport Beach elegance Unit B is a dazzling blend of space and organic modern design over a sprawling 3,073SqFt. Unveiling three luxurious bedrooms with a flexible loft space ready to suit your lifestyle needs, this condo embodies the spirit of refined living. With a 1,175sqft rooftop deck, immerse yourself in panoramic bay and ocean vistas, becoming one with nature’s best. A vast open floor plan is complemented by a linear fireplace, setting the tone for those cherished moments. The chef’s kitchen, outfitted with superior Dacor Appliances, is the heart of this home, designed for the culinary enthusiast in you. Large Fleetwood pocket sliders blur the lines between inside and outside, revealing a patio that's a gateway to alfresco bliss. The crown jewel is the master suite, where grandeur meets intimacy, complete with a vast walk-in closet and opulent bath. Experience life at Newport Beach's finest – a corner lot on West Bay Ave, undeniably the most serene and private street on the peninsula. Located in the perfect nexus between the beach, bay, fun zone, and countless amenities, resort living is not a promise; it's a daily reality. Revel in unparalleled natural light, modern comforts like zoned central air, and an atmosphere that's forever vacation-esque. Come home to more than just a residence; it's a life of luxury and tranquility. House A is also available.
Property details for 1027 W Bay Ave B
This 3-bedroom, 4-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 3,073 square feet of living space on a 4,470-square-foot lot. The home was built in 2023. The MLS record lists the assessor parcel number as 047-264-01. Highlights include ocean and coastline views, a fireplace, an attached two-car garage, central air, new construction, and contemporary architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC24021690
- Year Built
- 2023
- Living Area (sq ft)
- 3,073
- Lot Size (sq ft)
- 4,470
- Lot Size (acres)
- 0.1026
- Levels
- Three Or More
- Bedrooms
- 3
- Full Baths
- 3
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, Catalina, City Lights, Coastline, Hills, Marina, Ocean, Water
- Parcel Number
- 04726401
- On Market Date
- 2024-01-31
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Block Walls, Dry Bar, Eat In Kitchen, Granite Counters, Living Room Deck Attached, Open Floorplan, Pantry, Quartz Counters, Wired For Data, Wired For Sound, All Bedrooms Up, Attic, Jack And Jill Bath, Loft, Primary Suite, Walk In Closets
- Appliances
- Six Burner Stove, Built In Range, Barbecue, Double Oven, Dishwasher, Electric Range, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Hot Water Circulator, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan
- Flooring
- Stone, Tile, Wood
- Heating
- Central, Heat Pump, Zoned
- Cooling
- Central Air, Dual, Electric, Zoned
- Fireplace
- Circulating, Gas, Living Room
- Laundry
- Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Skylights
- Doors
- Sliding Doors
- Accessibility
- Accessible Doors, Accessible Hallways
Exterior Features
- Architectural Style
- Contemporary, Modern
- Roof
- Metal
- Construction
- Board And Batten Siding, Drywall, Hardiplank Type, Metal Siding, Spray Foam Insulation, Wood Siding
- Lot Features
- Corner Lot
- Patio and Porch
- Deck, Enclosed, Open, Patio
- Parking
- Carport, Direct Access, Garage, Garage Faces Rear
- Fencing
- Block
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Sidewalks
The record
Property History for 1027 W Bay Ave B
| Date | Event | Price | Note |
|---|---|---|---|
| Jul 9, 2024 | Sold | $4,100,000 | |
| Jul 2, 2024 | Status changed to Pending | From Active | |
| Jun 11, 2024 | Price reduced | $4,395,000 | From $4,750,000 |
| Apr 1, 2024 | Price reduced | $4,750,000 | From $5,195,000 |
| Jan 31, 2024 | Listed for sale | $5,195,000 |
Next steps
Looking for something similar
1027 W Bay Ave B 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 1027 W Bay Ave B
Thinking of selling nearby? We bring current Balboa Peninsula (Residential) 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.
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
Schools for 1027 W Bay Ave B
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport Heights
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Troy Seeber of Compass
Listing information updated Jul 10, 2024 at 1:25 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.