122 E Bay Ave, Newport Beach, CA, 92661
About This Home
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.
Getting Around
Very Walkable
Minimal Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1925
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: See Remarks
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Built-In Range,Convection Oven,Dishwasher,Disposal,Gas Range,Refrigerator,Range Hood,Dryer,Washer
- Laundry features: Inside,Laundry Room,Stacked
Bathroom
- Features: Full Bath on Main Level,Quartz Counters,Remodeled,Walk-In Shower
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- 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)
- Window features: Double Pane Windows
- Flooring: Wood
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 928 sqft
Kitchen
- Features: Kitchen Island,Kitchen/Family Room Combo,Quartz Counters,Self-closing Cabinet Doors,Self-closing Drawers
Master Bedroom
- Features: Main Level Primary
Other
- Features: Walk-In Closet(s)
Property
Details
- Parcel number: 04806114
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Patio & porch: Front Porch
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 1,860 sqft
- Features: Rectangular Lot,Walkstreet
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,882 | $142,584 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $2,091 | $25,092 |
| Electricity | $398 | $4,786 |
| Total | $14,527 | $174,324 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-15 | Listed for sale | $2,350,000 |
| 2021-11-15 | Sold | $2,000,000 |
| 2021-11-05 | Pending sale | $1,995,000 |
| 2021-10-11 | Listed for sale | $1,995,000 |
| 2021-03-05 | Sold | $1,250,000 |
View on Zillow