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$2,350,000
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Property 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.
Full Property Details
Full Property Details for 122 E Bay Ave
General
- Price: $2,350,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: NP26056313
- Updated: 3/20/2026
- Days on Market: 11 days
- Added to Site: 11 day(s) ago
Interior
- Rooms/Areas: Walk-In Closet, Entry, Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom
- Interior Features: Furnished, Built-in Features, Pantry, Recessed Lighting, Open Floorplan
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Breakfast Counter/Bar, In Kitchen, See Remarks
- Appliances: Convection Oven, Disposal, Built-In Range, Refrigerator, Range Hood, Gas Range, Dishwasher
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Individual Room, Stackable, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Front Porch
Location
- County: Orange
- Subdivision: Balboa Peninsula (Residential) (BALP)
- Driving Directions: Balboa Blvd , Left Coronado, Left E. Bay on the right hand side
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Curbs, Street Lights, Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Paid, Public Sewer
- Water: Public
Structural Information
- Architectural Style: See Remarks
- Structure Type: Single Family Residence
- Foundation: Slab
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 928
- Sq. Ft. Source: Assessor
- Year Built: 1925
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Lot Features
- Property View: None
- Lot Size (Acres): 0.0427
- Lot Size (Sq. Ft.): 1,860
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $2,532.33
Disclosures and Reports
- Special Conditions: Standard
Listed by Compass, Jody Chapman
Get Pre-Approved Today
Schools
Schools serving 122 E Bay Ave
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 0.8 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 1.2 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 E Bay Ave
Date
Details
Price
Change
Source
3/15/2026
Listed
$2,350,000
17.5%
MLS
10/25/2021
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 E Bay Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,644
2%
$2,122,416
2%
2024
$22,288
2%
$2,080,800
2%
2023
$21,765
2%
$2,040,000
2%
2022
$21,404
134%
$2,000,000
140%
2021
$9,141
2%
$834,190
724%
2020
$8,979
575%
$101,278
2%
2019
$1,330
2%
$99,293
2%
2018
$1,305
2%
$97,347
2%
2017
$1,282
2%
$95,439
2%
2016
$1,256
1%
$93,568
2%
2015
$1,241
2%
$92,163
2%
2014
$1,211
1%
$90,358
—
2013
$1,198
—
$89,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 E Bay Ave
122 E Bay Avenue, Newport Beach, CA 92661 (MLS# NP26056313) is a Single Family property with 2 bedrooms and 1 full bathroom. 122 E Bay Avenue is currently listed for $2,350,000 and was received on March 15, 2026. Want to learn more about 122 E Bay Avenue? Do you have questions about finding other Single Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

