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Closed
- Listed price
- $2,100,000
- Listed Nov 19, 2015
- Sold price
- $1,850,000
- Sold Apr 25, 2016
3,485 sqft lot|1946 Built|160 MLS days on market
702 E Bay Ave, Newport Beach, CA 92661
Property Description
Prime location for a development opportunity! This property is currently being used as a mixed use. With about 3000 Sq Ft. of retail space downstairs and roughly 1000 Sq Ft. of residential upstairs. The property has an estimated 4000 sq ft. of functional space. These properties are rarely on the market. This property is located in the heavily trafficked "fun zone" area of the Balboa Village right by the Catalina flyer and the Balboa Ferry just a ferry ride across from the Balboa Island. . The Fun Zone area has paddle board, kayak, and jet ski rentals to name a few for Tourists and locals alike to enjoy. Property has pristine water views of the Bay where the annual boat parade passes right by! Same family owns the lot next door which is also for sale, combined square footage would be 6970! There is a vast amount of development currently underway on the Balboa Peninsula so this opportunity is perfect for a developer looking to get in on the action!!
Listing agent: Gary RochaDRE #01946859garymrocha@gmail.com, Listing office: Gatehouse Properties
MLS data updated 11/1/2026, 9:38:01 PM PT
Source: CRMLSMLS #: OC15250579
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,850,000
Apr 25, 2016
Available records32015–2016
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
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ZIP 92661 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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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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