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Sold

1321 W Bay Avenue sold on August 16, 2024 for $3,600,000, 2.6% below the $3,695,000 asking price after 120 days on the market; it was first listed at $4,195,000. The buyer paid cash. The details are below for reference.

DuplexSold · Aug 16, 2024

1321 W Bay Avenue, Newport Beach, CA 92661

  • 6 beds
  • 5 baths
  • 2,509 sq ft
  • Built 1990

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$3,600,000

MLS# OC24068054

Subdivision Balboa Peninsula (Residential)

5 duplexes sold in the past 12 months · median $6,600,000

See homes for sale in Balboa Peninsula

This home has a newer listing: MLS OC24068066 (Sold).

The home

About 1321 W Bay Avenue

Located in the heart of Newport Beach on the coveted Bay Avenue, this exquisite duplex offers the epitome of California beachside living with two beautifully designed units to accommodate various lifestyle needs. The home’s bottom unit presents a 3-bedroom, 3-bathroom layout, providing ample space for comfortable everyday living. Upstairs, you'll find another inviting 3-bedroom, 2-bathroom haven. Features include contemporary upgrades and sleek hardwood flooring throughout the common areas. French doors open up to a harbor-facing orientation, inviting the refreshing coastal breeze indoors and a peek-a-boo view of the water. Retreat to the spacious primary suite complete with private fireplace, walk-in closet and oversized soaking tub. Entertain in style on the expansive rooftop deck while enjoying ocean, harbor, mountain and city-light views. Both units feature thoughtfully designed layouts with an emphasis on functionality and style. Just out the front door is Newport Harbor’s glistening bay and beach ready for biking, paddle boarding, boating surfing or vacation-style beach days lounging in the sun. Hop on the nearby Ferry for quick access around Newport’s finest restaurants, shopping and social delights. Whether you're seeking a primary home, a vacation getaway, or an investment opportunity, this duplex offers versatility and sophistication in equal measure.

Property details for 1321 W Bay Avenue

This 6-bedroom, 5-bath duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,509 square feet of living space. The home was built in 1990. The MLS record lists the assessor parcel number as 047-233-25. Highlights include peek-a-boo ocean views, a fireplace, and an attached two-car garage.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
OC24068054
Year Built
1990
Living Area (sq ft)
2,509
Living Area Source
Assessor
Lot Size (sq ft)
2,614
Lot Size (acres)
0.06
Levels
Two
Bedrooms
6
Full Baths
5
Garage Spaces
2
Parking Spaces
3
View
Ocean, Peek A Boo
Parcel Number
04723325
On Market Date
2024-04-10
Listing Terms
Standard

Interior Features

Interior Features
Built In Features, Balcony, Ceiling Fans, Crown Molding, Separate Formal Dining Room, Recessed Lighting, Bedroom On Main Level, Main Level Primary
Appliances
Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
Heating
Central
Cooling
None
Fireplace
Dining Room, Living Room, Primary Bedroom
Laundry
Inside
Main Level Bedrooms
3
Main Level Bathrooms
3
Entry Level
1
Common Walls
No Common Walls

Exterior Features

Lot Features
Zero To One Unit Acre, Rectangular Lot
Patio and Porch
Deck
Parking
Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Units
2

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Curbs, Sidewalks

The record

Property History for 1321 W Bay Avenue

DateEventPriceNote
Aug 16, 2024 Sold $3,600,000
Aug 7, 2024 Price reduced $3,695,000 From $3,895,000
Jul 16, 2024 Status changed to Active From Hold
Jul 15, 2024 Status changed to Hold From Active
Jun 29, 2024 Price reduced $3,895,000 From $3,995,000
Jun 24, 2024 Price reduced $3,995,000 From $4,195,000
Jun 10, 2024 Status changed to Active From Active Under Contract
May 10, 2024 Status changed to Active Under Contract From Active
Apr 24, 2024 Status changed to Active From Active Under Contract
Apr 17, 2024 Status changed to Active Under Contract From Active
Apr 10, 2024 Listed for sale $4,195,000

Next steps

Looking for something similar

1321 W 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 1321 W 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
5
Median price
$6,600,000
Median days on market
31
Median per sq ft
$2,623

Recorded MLS closings of duplexes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays on market
5901 Seashore Drive Jul 31, 2026 $9,500,000 3,185 $2,983 40
213 33rd Street May 28, 2026 $2,616,000 1,451 $1,803 7
1204 E Balboa Boulevard Feb 5, 2026 $6,600,000 2,516 $2,623 183
4103 Seashore Jan 8, 2026 $9,200,000 2,724 $3,377 31
4208 River Dec 16, 2025 $4,350,000 1,750 $2,486 6

Schools

Schools for 1321 W Bay Avenue

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

Elementary
Harbor View
Middle
Horace Ensign
High
Newport Harbor
District
Newport Mesa Unified

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

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Listed by Katrina Smith of Pinpoint Properties

Listing information updated Dec 4, 2024 at 7:24 PM PT. Source: CRMLS.

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