317 E Bay Avenue, Newport Beach, CA 92661

$4,825,000 Asking Price

4 beds
5 baths
2,620  sqft
Built in 2022

Lifelong Summer memories start in your new home by the sea on the famed Balboa Peninsula! This 4 Bedroom, 5 Bath home has been carefully designed to take advantage of the Coastal lifestyle. The main level is replete with an airy, light-filled living area, a cozy fireplace, dining area and bar seating at the active island. The chef's dream kitchen is equipped with a Thermador appliance suite, a stainless farmhouse sink, warm light wood cabinets and a large walk-in pantry. A dutch door welcomes guests and stacking glass doors extend the main level to the front patio surrounded by lush planting. The home boasts an elevator serving all three levels including the spacious wrap around roof deck featuring views of the blue Pacific, The Pavilion, Fashion Island and the hills. The second floor is home to 3 bedrooms, a family room and a convenient laundry room. The sleek primary suite includes a private balcony, spacious walk-in closet and a luxurious spa bathroom with dual vanities, a large soaking tub, oversized walk-in shower clad in marble and encased in glass doors, custom wood cabinetry with marble countertops. The 4th bedroom is on the third floor with a private patio leading to the wrap around deck with both covered and open lounging areas. The ground floor features direct access to the two car garage and a deluxe beach shower. Ideally located, just steps from the bay and miles of Newport's pristine beaches and bike trails, the famous Balboa Island Ferry, shops and restaurants.

Features & Amenities

Interior

General:
Balcony,Pantry,Stone Counters
Laundry:
Laundry Room,Inside
Flooring:
Stone,Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Living Room,Gas Starter
Disability Feature:
None

Exterior

General:
Stucco
Style:
See Remarks
Pool:
None
Parking:
Parking spaces: 2

Construction

General:
3 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
R2, 04809230
View:
Ocean,Water,Neighborhood,City Lights
Fencing:
Vinyl

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer,Sewer Paid

Financial

Source:
California Regional MLS

This listing courtesy of:
Compass, Victoria Lee

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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