1344 W Bay Avenue, Newport Beach, California 92661, Newport Beach, 92661 - 4 bed, 3 bath

1344 W Bay Avenue, Newport Beach, California 92661 home-pic-0
ACTIVE$11,200,000$2,922/sqft
Est. Value: $9,598,812
-14%
AboveEstimate
1344 W Bay Avenue, Newport Beach, California 92661
4Beds
3Baths
2,922Sqft
3,300Lot

Price Vs. Estimate

The estimated value ($9,598,812.06) is $1,601,187.94 (14%) lower than the list price ($11,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3300, other record lot size in square feet = 3229.

Compared to the nearby listings

Price:$11.20M vs avg $4.40M (+$6,800,000)83%
Size:2,922 sqft vs avg 2,090 sqft72%
Price/sqft:$3.8K vs avg $2.6K86%

More Insights

Built in 1948 (78 years old).
Condition: Despite being built in 1948, the MLS description explicitly states the home has been 'fully reimagined' and 'luxuriously remodeled' with a 'thoughtful coastal design.' The images confirm this, showcasing a pristine, modern interior with high-end finishes throughout. The kitchen features new, integrated stainless steel appliances, contemporary white cabinetry with gold hardware, and luxurious marble countertops and backsplash. Bathrooms are equally updated with modern vanities, vessel sinks, stylish mirrors, contemporary lighting, and a freestanding tub. Flooring is consistent light-colored hardwood or luxury vinyl plank, and all light fixtures are modern. The property appears to have been extensively renovated very recently, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Year Built
1948
Close
-
List price
$11.2M
Original List price
$11.2M
Price/Sqft
$3,833
HOA
-
Days on market
-
Sold On
-
MLS number
NP26003179
Home ConditionExcellent
Features
Excellent View: Bay, City Lights, Harbor, Hills, Landmark, Marina, Mountain(s), Neighborhood, Panoramic, Water
Spa
Patio
ViewBay,City Lights,Harbor,Hills,Landmark,Marina,Mountain(s),Neighborhood,Panoramic,Water

About this home

Additional Photos coming soon! There are properties that sit on the bay—and then there are those that belong to it. 1344 West Bay Avenue is one of the latter. This rare 110-foot-deep waterfront parcel sits quietly mid-peninsula, just beyond the hum of the boardwalk and moments from the charm of Peninsula Village. From nearly every room, the home opens toward Newport Channel and Lido Isle Reach—where regattas sweep past and the city lights of Fashion Island shimmer across the evening tide. Spanning nearly 3,000 square feet, the home has been fully reimagined—a thoughtful coastal remodel blending clean lines, natural textures, and understated luxury. Four bedrooms sit upstairs (one flexing perfectly as a study), complemented by an additional landing workspace. A fourth bath below—with its own exterior entrance—caters to the rhythm of life lived on the water: off the boat, off the beach, effortlessly back home. Outdoors, a private dock able to accommodate a 59' boat in addition to a side tie, provides the rarest Newport privilege—your own direct harbor access with no shared rights, positioned on a quiet stretch free of moorings and visual clutter. The parcel’s depth and orientation create privacy and scale uncommon to peninsula living, while the renewed streetscape of West Bay Avenue—with wide sidewalks and a bespoke finish—adds a subtle sense of prestige. Steps from Marina Park, the beach, surf breaks, and Newport’s only beachfront elementary school, this is a residence that defines coastal convenience. This home has the added convenience of approved permits for further enhancements, offering the next owners ideal optionality.

A
Andrew Cotton
Listing Agent

Nearby schools

9/10
Newport Elementary School
Public,PK-60.1mi
7/10
Horace Ensign Intermediate School
Public,7-80.8mi
7/10
Newport Harbor High School
Public,9-121.2mi

Price History

Date
Event
Price
10/31/00
Sold
$2,100,000
03/26/25
Sold
$7,750,000
06/24/10
Sold
$2,850,000
Condition Rating
Excellent

Despite being built in 1948, the MLS description explicitly states the home has been 'fully reimagined' and 'luxuriously remodeled' with a 'thoughtful coastal design.' The images confirm this, showcasing a pristine, modern interior with high-end finishes throughout. The kitchen features new, integrated stainless steel appliances, contemporary white cabinetry with gold hardware, and luxurious marble countertops and backsplash. Bathrooms are equally updated with modern vanities, vessel sinks, stylish mirrors, contemporary lighting, and a freestanding tub. Flooring is consistent light-colored hardwood or luxury vinyl plank, and all light fixtures are modern. The property appears to have been extensively renovated very recently, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Exclusive Waterfrontage & Private Dock: Features a rare 110-foot-deep waterfront parcel with a private dock capable of accommodating a 59' boat plus side tie, offering unparalleled direct harbor access.
Premier Newport Beach Location: Strategically located mid-peninsula, providing a quiet ambiance while being steps away from Marina Park, the beach, surf breaks, and Newport's only beachfront elementary school.
Breathtaking Panoramic Water Views: Offers expansive and diverse views of Newport Channel, Lido Isle Reach, regattas, and city lights from nearly every room, enhancing the luxury living experience.
Luxuriously Reimagined Interior: The home has been fully remodeled with a thoughtful coastal design, featuring clean lines, natural textures, and understated luxury, ensuring a move-in ready, sophisticated living space.
Approved Permits for Future Enhancements: The property comes with approved permits for further enhancements, providing valuable optionality and flexibility for future owners to customize or expand.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3300, other record lot size in square feet = 3229.
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3300, living area = 2922.
Recently Sold Property: The property was recently sold within the past year on 2025-03-26. The sold price is $7,750,000.00.
Premium Price Point: The significant list price of $11.2 million positions it at the very top tier of the market, naturally narrowing the pool of prospective buyers.
Original Construction Age: While extensively remodeled, the home's original construction year of 1948 means the underlying structure is over 75 years old, which may lead to considerations regarding long-term maintenance or potential for older systems.
Limited Lot Size: Despite its impressive depth, the overall lot size of 3300 sqft is relatively compact for a property in this luxury segment, potentially limiting extensive garden space or additional outdoor amenities beyond the immediate waterfront area.
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