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406 E Bay Avenue 10, Newport Beach, California 92661, Newport Beach, 92661 - 2 bed, 3 bath

406 E Bay Avenue 10, Newport Beach, California 92661 home-pic-0
ACTIVE$1,675,000
406 E Bay Avenue 10, Newport Beach, California 92661
2Beds
3Baths
1,060Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Limited Square Footage: At 1,060 square feet, the property offers a relatively compact living space, which may not appeal to buyers seeking larger residences or more expansive entertaining areas.

Compared to the nearby listings

Price:$1.68M vs avg $2.66M ($-987,500)25%
Size:1,060 sqft vs avg 1,486 sqft25%
Price/sqft:$1.6K vs avg $1.7K50%

More Insights

Built in 1984 (41 years old).
Condition: This property has undergone a brand new, gut-renovation, making it virtually new despite its 1984 build year. The kitchen features new, never-used Energy Star appliances, a gas stove, and premium quartz counters, all in a modern open-concept design. Bathrooms are newly renovated with contemporary fixtures and finishes. Throughout the home, there are high ceilings, recessed lighting, and what appears to be new hardwood flooring (as seen in images). All components are new or virtually new, meeting current quality standards with no deferred maintenance. While the absence of central air conditioning is noted, it does not detract from the 'excellent' condition of the renovated components.
Year Built
1984
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$1,580
HOA
$450
Days on market
-
Sold On
-
MLS number
OC25055229
Home ConditionExcellent
Features
Excellent View: Bay
Deck
ViewBay

About this home

Welcome to your dream beach home at 406 East Bay Avenue, #10, Newport Beach — a brand new, gut-renovated townhouse condo that embodies modern luxury and convenience. Spanning 1,060 square feet, this two-story residence offers an intelligently designed layout featuring two spacious bedrooms and two and a half bathrooms, with a 2-car enclosed garage! Step inside to discover a beautifully renovated interior with high ceilings and oversized windows that flood the space with natural light. The living area boasts a working fireplace and decorative moldings, creating an inviting atmosphere. The open-concept kitchen is a chef’s delight, equipped with brand new, never used, Energy Star appliances, a gas stove, and premium quartz counters. Enjoy seamless indoor-outdoor living with a private balcony and deck. The primary ensuite is a sanctuary, complete with a 3x wide closet and a newly renovated bathroom. Both bedrooms provide comfort and style with thoughtful built-ins, high ceilings, and recessed lighting. Additional amenities include a brand new washer and dryer in-unit, 2-car garage, street parking, and access to a common courtyard. With its private entrance and northwestern exposure, this home offers privacy and charm. Experience coastal living at its finest, just moments from the Bay, Fun Zone, restaurants and beaches. Don’t miss this exceptional opportunity!

Nearby schools

9/10
Newport Elementary School
Public,•PK-6•1.0mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.3mi
7/10
Newport Harbor High School
Public,•9-12•1.5mi
Condition Rating
Excellent
This property has undergone a brand new, gut-renovation, making it virtually new despite its 1984 build year. The kitchen features new, never-used Energy Star appliances, a gas stove, and premium quartz counters, all in a modern open-concept design. Bathrooms are newly renovated with contemporary fixtures and finishes. Throughout the home, there are high ceilings, recessed lighting, and what appears to be new hardwood flooring (as seen in images). All components are new or virtually new, meeting current quality standards with no deferred maintenance. While the absence of central air conditioning is noted, it does not detract from the 'excellent' condition of the renovated components.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Situated in highly sought-after Newport Beach on the Balboa Peninsula, offering immediate access to the Bay, Fun Zone, restaurants, and beaches, enhancing lifestyle and property value.
Recent Gut Renovation: A brand new, gut-renovated interior provides modern luxury, featuring high-end finishes, new Energy Star appliances, quartz counters, and updated bathrooms, ensuring a move-in ready experience.
Private Outdoor Spaces & Bay View: Includes a private balcony and deck for seamless indoor-outdoor living, complemented by a desirable Bay view, adding significant appeal.
Dedicated Two-Car Garage: The inclusion of a 2-car enclosed garage is a significant advantage in a dense coastal area, offering secure parking and additional storage.
Thoughtful Design & Amenities: Features an intelligently designed two-story layout with high ceilings, oversized windows for natural light, a working fireplace, built-ins, and an in-unit washer/dryer, maximizing comfort and convenience.

Cons

Limited Square Footage: At 1,060 square feet, the property offers a relatively compact living space, which may not appeal to buyers seeking larger residences or more expansive entertaining areas.
Condominium Ownership & HOA Fees: As a condominium, the property is subject to a monthly association fee of $450.0, which adds to the cost of ownership, along with potential community rules and shared common areas.
Absence of Central Air Conditioning: Despite a comprehensive renovation, the property description does not mention a central cooling system, which could be a notable drawback for comfort during warmer months in Southern California.

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