122 E Bay Ave , Newport Beach, CA 92661
$2,350,000
Est. Payment: $11,866.81/mo
2 Bed
1 Bath
928 Sqft
Status: active | Days on site: 93
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

If you’ve been dreaming of the perfect beach bungalow escape, your search may be over. This charming 2-bedroom, 1-bath detached single-family home delivers the effortless lifestyle the Balboa Peninsula is known for. Completely rebuilt in 2021, this single-level coastal jewel at 122 E. Bay Ave. welcomes you with an easy, relaxed charm—from the terrazzo entry steps to the Dutch door that sets the tone for the home’s inviting beachside character. Inside, the interiors reflect the soft, natural palette of the coastline: crisp whites, sun-washed tones, beautiful white oak flooring, and thoughtfully curated lighting and cabinetry that create a breezy, sophisticated retreat. Every detail has been designed to maximize both comfort and style. Custom built-ins provide clever storage while doubling as relaxed seating. A handsome mantel crowns the recycled terrazzo fireplace surround, creating a cozy focal point that flows seamlessly into the open kitchen. The kitchen itself feels perfectly suited for casual coastal living, featuring premium stainless appliances, quality fixtures, and a striking island with waterfall edges, seating, hidden electrical, and subtle backlighting. The front patio, the outdoor shower and private rear yard are ideal after gathering with friends at the beach. Step outside and you’re immersed in the friendly rhythm of Peninsula life. Surfing, skimboarding, swimming beaches, and bayfront activities are all moments away, making it easy to embrace the carefree lifestyle that defines this iconic coastal community. With its relaxed design, thoughtful craftsmanship, and unbeatable value as the lowest-priced single-family home on the Peninsula by a wide margin, this beach bungalow lives far larger than its footprint suggests. Chic. Effortless. A place to slow down, breathe in the ocean air, and create memories for generations. This is more than a home—it’s your personal coastal sanctuary.

Highlights

Listed by Jody Chapman , 949.689.8594 Compass , 949-438-4340. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.04

Year Built

1925

County

Orange

Area

NP - Balboa Peninsula

Neighborhood

Balboa Peninsula (Residential) (BALP)

School District

Newport Mesa Unified

Listing ID

NP26056313

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Air Cond:Central Air
Fireplaces:Living Room
Floor:Wood
Other:Breakfast Bar,Built-in Features,Eat-in Kitchen,Furnished,Open Floorplan,Pantry,Recessed Lighting,See Remarks,All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Walk-In Closet(s)
Other:Public

Exterior Features

Lot:Rectangular Lot,Walkstreet,No Land Lease
Garage Capacity:0
Roof:Composition
Others:Updated/Remodeled
Sewer:Public Sewer,Sewer Tap Paid
Principal Interest
$11,867
Taxes
$1,498

Home Price

$2,350,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$470,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,866.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,866.81 $1,498.13 $0.00 $13,364.94
Yearly $142,401.73 $17,977.50 $0.00 $160,379.23
Total $4,272,051.75 $539,325.00 $0.00 $4,811,376.75

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Newport Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T20:37:41.000Z

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