$5,195,000 - 127 Bay Avenue, Newport Beach

  • 4Beds
  • 5Baths
  • 2,696SQ. Feet
  • 0.06Acres

Situated on a rare, 35' lot in a prime location, just a stone's throw from both the bay and the ocean, this custom-built residence stands as a testament to unmatched craftsmanship. A striking collaboration by Brian Olsin Design and Sepulveda Builders, the home exhibits a tasteful French modern exterior, effortlessly blending stone and smooth Santa Barbara stucco to forge an elegant façade. The swoon-worthy interiors, spanning approximately 2,695 square feet, are spread over three levels, comprising four bedrooms and four-and-a-half bathrooms. Upon stepping into the formal entry, you are welcomed into the open floorplan, where the warmth of oak hardwood flooring extends beneath your feet. Nestled within this layout is a cozy living room with a stone-surround fireplace and large glass doors offering direct access to the front porch - perfect for entertaining and taking in the ocean breezes. A chef's delight, the gourmet kitchen features top-of-the-line Thermador appliances, Carrara marble countertops, backlit shelving set against a stone backsplash, custom Shinnoki cabinetry, and an eat-in island beneath designer pendant lights. The second level houses the lavish fireplace-warmed primary suite characterized by dramatically vaulted ceilings, a private balcony, sitting room, and oversized walk-in closet complemented by a luxurious bathroom. This spa-inspired sanctuary hosts a sunken marble slab shower and Japanese soaking tub creating a haven of relaxation. Two additional en-suite bedrooms and a laundry room round out the second level. Crowning the residence is the fourth en-suite bedroom that opens onto a reinforced deck, engineered to accommodate a hot tub. This open-air space is enriched by a BBQ center, offering a peek-a-boo view of the ocean. Every aspect of this home, from the hardwood oak flooring to the wooden doors and trim, has been meticulously selected to exude sophistication and warmth. Other noteworthy details include a commercial-grade elevator servicing all three levels, a two-car attached garage supplemented by additional parking space for guests, outdoor shower, Western windows and doors throughout, seller-owned solar, and Sonos home system.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:NP24044025
  • Price:$5,195,000
  • Bedrooms:4
  • Bathrooms:5.00
  • Full Baths:1
  • Half Baths:1
  • Square Footage:2,696
  • Acres:0.06
  • Year Built:2023
  • Type:Residential
  • Sub-Type:Single Family Residence
  • Style:Custom
  • Status:Closed
  • Listing Agent:Tim Smith
  • Listing Office:Coldwell Banker Realty

Community Information

  • Address:127 Bay Avenue
  • Area:NP - Balboa Peninsula
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • Zip Code:92661

Amenities

  • Parking Spaces:2
  • Parking:Direct Access, Garage, Garage Faces Rear
  • # of Garages:2
  • Garages:Direct Access, Garage, Garage Faces Rear
  • View:Neighborhood, Ocean, Peek-A-Boo
  • Waterfront:Ocean Side Of Freeway, Ocean Side Of Highway
  • Pool:None

Interior

  • Interior:Wood
  • Interior Features:Balcony, Recessed Lighting, All Bedrooms Up, Walk-In Closet(s), Built-in Features, Elevator, Stone Counters
  • Appliances:Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Freezer
  • Heating:Central
  • Cooling:Central Air
  • Fireplace:Yes
  • Fireplaces:Living Room, Primary Bedroom
  • # of Stories:3
  • Stories:Three Or More

Exterior

  • Exterior:Stucco
  • Exterior Features:Barbecue, Lighting
  • Lot Description:0-1 Unit/Acre
  • Windows:Custom Covering(s)
  • Construction:Stucco

School Information

  • District:Newport Mesa Unified

Additional Information

  • Date Listed:March 4th, 2024
  • Days on Market:18

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Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 10:20am CDT. 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.