428 East Bay Avenue, Newport Beach, CA 92661
428 East Bay Avenue, Newport Beach, CA 92661
Property Description
Welcome to 428 E Bay Avenue, a quintessential coastal retreat ideally located just one home from the bay and two blocks from the ocean and boardwalk in the heart of the Balboa Peninsula, moments from the Balboa Pier, ferry, and Fun Zone. With timeless beach cottage charm and classic coastal appeal, this move-in ready residence offers an effortless blend of style and functionality, featuring a light-filled great room, open-concept kitchen, and powder bath on the main level, while upstairs three spacious bedrooms each enjoy ensuite bathrooms for ultimate comfort and privacy. The rooftop deck captures refreshing bay breezes, passing boats, and city lights into the evening—perfect for embracing the vibrant Peninsula lifestyle year-round—while a bonus room with an additional bathroom provides flexible space for guests, a home office, or secondary living area. Complete with a versatile garage for parking, storage, bikes, and beach essentials, this is a rare opportunity to own a turnkey home in one of Newport Beach’s most iconic and sought-after beachside locations.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Newport Beach · Single Family Residence
Listed in line with the median closed sale of $4,000,000. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 211 Bay | Newport Beach | 2009 | 3 | 4 | 2,668 | 2,400 | $1,572 | $4.20M | 261 | 93 |
| 1402 Sea Ridge Drive | Newport Beach | 1996 | 3 | 3 | 2,460 | 4,435 | $1,545 | $3.80M | 108 | 63 |
| 2521 Point Del Mar | Corona del Mar | 1987 | 4 | 4 | 2,392 | 5,161 | $1,503 | $3.60M | 192 | 56 |
| 2155 Miramar | Newport Beach | 1930 | 4 | 2 | 1,299 | 2,590 | $3,022 | $3.92M | 11 | 54 |
| 500 Acacia | Corona del Mar | 1934 | 2 | 2 | 922 | 1,830 | $3,791 | $3.50M | 177 | 49 |
| Total: 5 · Average | 3.2 | 3.0 | 1,948.2 | 3,283.2 | $2,286.6 | $3.80M | 149.8 | |||
| Median | 2,392 | $3.80M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1585 Miramar | Newport Beach | 1947 | 05/15/2026 | 4 | 3 | 2,630 | 2,614 | $4.55M | $4.05M | $1,540 | 0.89 | 217 | 83 |
| 1589 Ocean Boulevard | Newport Beach | 2026 | 08/18/2026 | 4 | 5 | 3,052 | 2,450 | $4.00M | $4.00M | $1,311 | 1.00 | 40 | 76 |
| 126 Collins | Newport Beach | 1937 | 01/02/2026 | 3 | 3 | 1,990 | 2,550 | $3.88M | $3.79M | $1,905 | 0.98 | 73 | 73 |
| 215 Opal | Newport Beach | 1980 | 06/30/2026 | 3 | 4 | 2,226 | 2,550 | $3.60M | $3.44M | $1,544 | 0.96 | 119 | 73 |
| 325 Grand Canal | Newport Beach | 1966 | 09/28/2026 | 4 | 4 | 2,542 | 2,614 | $4.29M | $4.40M | $1,731 | 1.02 | 77 | 69 |
| Total: 5 · Average | 3.6 | 3.8 | 2,488 | 2,555.6 | $3.94M | $3.94M | $1,606.2 | — | 105.2 | ||||
| Median | 2,542 | $4.00M | $4.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.