Nutrients function as essential biological substrates for coastal phytoplankton growth and serve as pivotal indicators in marine environmental monitoring. The intensification of land-based nutrient sources inputs has exacerbated eutrophication in Chinese coastal water, while mechanistic understanding of differential self-purification processes among distinct land-based source nutrients (river source, domestic source, aquaculture source, and industrial source) remains limited, constraining accurate assessment of bay’s self-purification capacity. This study conducted incubation experiments in Tieshan Bay (TSB) during Summer (June 2023) and winter (January 2024), systematically analyzing the self-purification process of nutrients and associated environmental drivers. Distinct source-specific patterns emerged: river inputs exhibited maximal dissolved inorganic nitrogen (DIN) 1.390 ± 0.74 mg/L, whereas industrial discharges showed peak dissolved inorganic phosphorus (DIP) 4.88 ± 1.45 mg/L. Chlorophyll a (Chl-a) concentrations varied markedly across sources, ranging from 34.97 ± 23.37 μg/L (domestic source) to 86.63 ± 77.08 μg/L (river source). First-order kinetics demonstrated significant source differentiation (p < 0.05). River-derived DIN exhibited the highest attenuation coefficient (−0.3244 ± 0.17 d⁻¹), contrasting with industrial-sourced DIP showing maximum depletion (−0.4332 ± 0.20 d⁻¹). Correlation analysis indicated that summer was significantly associated with the impacts of three key control factors pH, dissolved oxygen, and turbidity on nutrient dynamics (p < 0.05), whereas winter exhibited a stronger dependence on salinity. These parameters collectively may modulate microbial degradation pathways and particulate matter adsorption capacities. These findings establish quantitative thresholds for coastal nutrient buffering mechanisms, highlighting the necessity for source-specific eutrophication mitigation frameworks. The differential self-purification efficiencies underscore the importance of calibrating pollution control strategies according to both anthropogenic discharge characteristics and regional hydrochemical resilience, which is of key importance for ensuring the traceability and control of land-based sources of pollution into the sea and the scientific utilization of the self-purification capacity of the bay water body.