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127 Bay Ave

Newport Beach, CA 92661

4 bd 5 ba 2,696 sqft Built 2023 Lot 2,607 sqft single_family
Most recent sale
$4,695,000
Apr 25, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2024 Sold $4,695,000 CRMLS
Apr 4, 2024 Listing removed CRMLS
Mar 5, 2024 Listing removed CRMLS
Mar 4, 2024 Listed $5,195,000 CRMLS
Mar 4, 2024 Listed for rent $22,000 CRMLS
Oct 16, 2023 Price changed $4,995,000 CRMLS
Jun 21, 2023 Listed $5,495,000 CRMLS
Jul 24, 2020 Sold $1,700,000 CRMLS
Sep 8, 2019 Listing removed RentlinxUnits
Aug 17, 2019 Listed for rent $2,600 RentlinxUnits
Sep 1, 2018 Listing removed RentlinxUnits
Aug 20, 2018 Listed for rent $2,600 RentlinxUnits
Sep 18, 1991 Sold $430,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,161,731 $3,627,169 $4,788,900 $50,581
2024 $1,161,731 $3,627,169 $4,788,900 $29,198
2023 $825,253 $1,712,973 $2,538,226 $26,988
2022 $1,679,386 $1,679,386 $18,963
2021 $53,543 $1,646,457 $1,700,000 $19,384
2020 $39,115 $656,162 $695,277 $8,810
2019 $38,349 $643,296 $681,645 $8,691
2018 $37,598 $630,682 $668,280 $8,677
2017 $36,861 $618,316 $655,177 $8,538
2016 $36,139 $606,192 $642,331 $8,368
2015 $35,597 $597,086 $632,683 $8,332
2014 $34,900 $585,390 $620,290 $8,131
2013 $34,743 $582,744 $617,487 $8,058
2012 $34,062 $571,318 $605,380 $7,922
2011 $33,395 $560,115 $593,510 $8,170
2010 $33,146 $555,929 $589,075 $8,088
2009 $33,225 $557,250 $590,475 $8,070
2008 $32,574 $546,324 $578,898 $7,875
2007 $31,936 $535,612 $567,548 $6,080

Property facts

Year built
2023
Property type
single_family
Stories
3
Beds
4
Baths
5
Living area
2,696 sqft
Lot size
2,607 sqft
ZIP code
92661
City
Newport Beach
Street
Bay Ave
Coordinates
33.60416, -117.90486

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$28,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 127 Bay Ave last sell?
127 Bay Ave most recently sold on Apr 25, 2024 for $4,695,000.
What is the current tax assessment for 127 Bay Ave?
The most recent total assessment for 127 Bay Ave (year 2025) is $4,788,900 with $50,581 in property tax.
How does 127 Bay Ave's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $4,695,000.
When was 127 Bay Ave built?
127 Bay Ave was built in 2023.
How does 127 Bay Ave compare to others on Bay Ave?
We track 8 other properties on Bay Ave. Browse the list under "Other properties on Bay Ave" to compare beds, baths, and sale history.
What are the property facts for 127 Bay Ave?
127 Bay Ave is a 4 bed, 5 bath, 2,696 sqft, 2,607 sqft lot single_family.
Is 127 Bay Ave a flip candidate?
No — 127 Bay Ave does not appear in our flips dataset.
Is 127 Bay Ave a tax-appeal candidate?
No — 127 Bay Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.1%
2026 Q2
$8.67M
2026 Q3
$9M
ZIP 92661 — Median Price History + Forecast

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