$1,700,000
2Beds2Baths1,120SqFt
600 E Oceanfront 1DNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
517 W BAY Avenue sold on April 23, 2013 for $1,490,000, 6.6% below the $1,595,000 asking price after 185 days on the market, including an earlier listing; it was first listed at $1,695,000. The buyer financed the purchase with a conventional loan. The details are below for reference.
517 W BAY Avenue, Newport Beach, CA 92661
- 7 beds
- 4 baths
- 3,049 sq ft
- 2,450 sq ft lot
- Built 1971
Own 517 W BAY Avenue? Request a free home valuation to see what it is worth today.
$1,490,000
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 NP21076914 (Sold).
The home
About 517 W BAY Avenue
Just a block from the beach and the bay, this might be the turn-key duplex opportunity you have been waiting for! Upstairs a fabulous four bedroom owners' unit offers expansive, light, bright living space. Vaulted ceilings, gourmet kitchen with breakfast bar open to great room with fireplace, large sunny terrace, and city light views. Bedrooms all good size, and two upgraded baths. Downstairs, offset your expenses with a three bedroom/two bath income unit. Spacious floorplan, gourmet kitchen, recessed lighting, in-unit laundry. Two car garage parking. Each unit has seperate entry. Wonderful opportunity for owner/resident to live steps from the sand and benefit from income below. Additionally, zoning allows for vacation rental permit to really capitalize on cash flow. Quiet and highly desirable West Bay locale!
Property details for 517 W BAY Avenue
This 7-bedroom, 4-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 3,049 square feet of living space on a 2,450-square-foot lot. The home was built in 1971. The MLS record lists the assessor parcel number as 048-071-12. Highlights include city lights and hill views, a fireplace, a two-car garage, an updated home, and contemporary architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- U12004265
- Year Built
- 1971
- Living Area (sq ft)
- 3,049
- Living Area Source
- Appraiser
- Lot Size (sq ft)
- 2,450
- Lot Size (acres)
- 0.056
- Levels
- Two
- Bedrooms
- 7
- Full Baths
- 4
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights, Hills
- Parcel Number
- 04807112
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Balcony
- Flooring
- Carpet, Tile, Wood
- Heating
- Forced Air
- Cooling
- None
- Fireplace
- Electric, Gas, Wood Burning
- Laundry
- Inside
- Common Walls
- No Common Walls
- Doors
- Mirrored Closet Doors
- Accessibility
- None
Exterior Features
- Architectural Style
- Contemporary
- Roof
- Composition
- Construction
- Brick
- Lot Features
- Level
- Patio and Porch
- Porch
- Parking
- Direct Access, Garage
- Pool Features
- None
- Spa
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Utilities
- Sewer Connected, Water Connected
- Condition
- Updated Remodeled
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
The record
Property History for 517 W BAY Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 4, 2021 | Sold | $2,630,000 | Pacific Sotheby's Int'l Realty |
| Apr 23, 2013 | Sold | $1,490,000 | |
| Nov 5, 2012 | Relisted | $1,695,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 517 W 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 06059C0381K 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 13 of 13 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 2 of 13. Cable: Spectrum, up to 1,000 Mbps, at 12 of 13.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004011, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 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
517 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.
Selling near 517 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
- 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 517 W 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 Tara Foster Shapiro of HOM Sotheby's International Re
Listing information updated Oct 18, 2022 at 7:34 AM 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.