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Closed
- Listed price
- $2,780,000
- Listed Feb 1, 2020
- Sold price
- $2,600,000
- Sold Mar 3, 2020
4,497 sqft lot00|3 MLS days on market
1027 W Bay Ave, Newport Beach, CA 92661
Property Description
Here is a very large R2 Corner Lot. The existing property is a tear down. Property is being sold for lot value. Sellers will do no corrective work. Lots of Potential. R2 Lot sits on a corner. Approx 4497. sq foot lot. Buyer will need to verify size of lot and what size structure they will be allowed to build with the City of Newport Beach.
Listing agent: James HeydorffDRE #01127234JimHeydorff@gmail.com, Listing office: Jim Heydorff
MLS data updated 11/3/2026, 3:37:56 PM PT
Source: CRMLSMLS #: NP20023018
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,600,000
Mar 3, 2020
Available records22020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92661 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.