714-914-4996

1240 W Bay Avenue,
Newport Beach, CA 92661

$16,250,000

Nestled on an oversized, 48’ wide corner lot along the prestigious Balboa Peninsula, this exceptional bayfront home offers unparalleled waterfront living with breathtaking views of Newport Harbor. This highly desirable residence features a private dock and a stunning pier with a rare covered gazebo, perfect for Al fresco dining. The thoughtfully designed 3-bedroom, 4-bathroom home is bathed in natural light from skylights throughout, enhancing its airy and inviting ambiance. The luxurious master suite boasts panoramic harbor views, a private deck, a cozy seating area, and a spa-like en suite bathroom. Two additional bedrooms each have access to the back deck with a charming peek-a-boo ocean view. The beautifully appointed kitchen overlooks the bay and living room - which features a fireplace, as well as sliding doors opening out to the expansive front patio, ideal for seamless indoor-outdoor living. Completing this remarkable home is a den with a wet bar, small basement, and a spacious 3-car attached garage. Just steps to the sand and all of the activities, fine dining, and attractions Newport Beach has to offer - this is the perfect blend of elegance, comfort, and prime waterfront living.

Basic Information

MLS #:
NP25060307

Price:
$16,250,000

Price
(per sq ft):
$5,084.00

Address:
1240 W Bay Avenue ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Single Family Residence

Days on Market:
8

Status:
Active

Bedrooms:
3

Bathrooms:
4

Full Baths:
2

Size (sq ft):
3,196 sq ft

Lot Size:
5,136 sq ft

Year Built:
1994

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Up, Atrium, Den, Great Room, Kitchen, Primary Bathroom, Primary Bedroom, Walk-In Closet

Eating Area:
Dining Room

Laundry:
Gas Dryer Hookup, In Garage, Washer Hookup

Entry Location:
1

Interior Features

Fireplace:
Living Room, Gas

Cooling:
None

Heating:
Fireplace(s)

Floor:
Carpet, Tile

Appliances:
Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Refrigerator

Interior Features:
Balcony, Bar, Ceiling Fan(s), Open Floorplan, Wet Bar

Security:

Accessibility:
2+ Access Exits

Garage and Parking

Garage:
Attached

Garage:
3 Spaces

Carport:
0 Spaces

Parking:
Direct Garage Access, Garage Faces Rear, Garage - Two Door

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:
NEWHAR

Exterior Features

Pool:
None

Spa:
None

Patio:
Concrete, Deck, Patio

View:
Bay, City Lights, Pier

Construction:

Foundation:

Roof:
Clay, Tile

Windows:
Bay Window(s)

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
0-1 Unit/Acre, Corner Lot, Landscaped

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Curbs, Fishing, Watersports, Sidewalks

Other Structures:
Gazebo

Structure Condition:

Direction Faces:

Listed by:
Pacific Sotheby's Int'l Realty , Kimberly Bibb , 01210754

Co-Listed:

Last
Updated:
4/3/2025 5:36 PM

1240 W Bay Avenue,
Newport Beach, CA 92661