Description
1811 W Bay Avenue,
Newport Beach,
CA
92663
Bayfront Opportunity Endless Potential! Welcome to 1811 W. Bay Ave, a rare bayfront duplex with a prime location directly in front of the tranquil sandy bay beach of picturesque Marina Park. This 6-bedroom, 4-bathroom property offers approximately 3,000 square feet of living space and includes a 4-car garage, presenting an incredible opportunity to create your ideal bayfront dream. Owned by the same family for over 60 years, this property is ready for your vision. Options abound: Investors: Rent out the existing two 3-bedroom, 2-bath units to maximize income, with combined rents approximated at $13,500/month in its current condition and with a little refresh, much more. Homeowners: Live in one unit and rent out the other, or transform the property into your very own single-family bayfront home with an ADU. Developers: Explore a condo conversion opportunity to create two separate residences. Short-term lodging is permissible (subject to permitting), adding flexibility to your investment. For those considering a 1031 exchange, this is an ideal candidate. BONUS OPPORTUNITY: The neighboring duplex at 1809 W. Bay is also available for sale, offering an exceptionally rare chance to own two side-by-side bayfront properties. Dont miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
This is an Active listing.
Broker Office Phone Number: 949-438-4340
Copyright © 2025California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Dishwasher
- Washer / Dryer
- Waterfront
- Garage
Listing By: Compass via Data Source: California Regional Multiple Listing Service, Inc
Price History
date | price | variance | type |
---|
10/21/2024 | $4,515,000 | - | Contract |
10/2/2024 | $4,515,000 | 7.76 % | reduced |
6/19/2024 | $4,515,000 | - | decreased |
6/19/2024 | $4,895,000 | - | Listed |
listing agent: Annie Clougherty