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428 E Bay Ave1 / 23 · Click to zoom

About this home

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 eveningperfect for embracing the vibrant Peninsula lifestyle year-roundwhile 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 Beachs most iconic and sought-after beachside locations.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneAO / No Flood Zone
🏷 Last sold$612,500 · Apr 1998
📋 Assessed value$978,010
💵 Annual tax$10,653
🏫 School districtNewport-Mesa Unified School District

MLS #NP26143084

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$25,999
Principal & interest$20,985
Property tax$3,804
Home insurance$1,210
Down payment: $830,000Loan: $3,320,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.