1240 W Bay Avenue, Newport Beach, CA 92661 (MLS # NP25060307)

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PRICE $16,250,000 dsIDX morgage calculator
BEDS 3
BATHS 4
HOME SIZE 3,196 sqft
LOT SIZE 5,136 sqft

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.

DAYS ON MARKET 7 LAST UPDATED 3/26/2025
TRACT Balboa Peninsula (Residential) (BALP) YEAR BUILT 1994
COMMUNITY Balboa Peninsula GARAGE SPACES 3.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Newport Mesa Unified
High School Newport Harbor


ADDITIONAL DETAILS
AIR None
APPLIANCES Built-In Range, Dishwasher, Disposal, Double Oven, Freezer, Gas Range, Microwave, Refrigerator
AREA Balboa Peninsula
EXTERIOR Dock
FIREPLACE Yes
GARAGE Direct Access, Door-Multi, Garage, Garage Faces Rear, Yes
HEAT Fireplace(s)
HOA DUES 0
INTERIOR All Bedrooms Up, Atrium, Balcony, Bar, Ceiling Fan(s), Open Floorplan, Separate/Formal Dining Room, Walk-In Closet(s), Wet Bar
LOT 5136 sq ft
LOT DESCRIPTION 0-1 Unit/Acre, Corner Lot, Landscaped
PARKING Door-Multi,Direct Access,Garage,Garage Faces Rear
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Balboa Peninsula (Residential) (BALP)
VIEW Yes
VIEW DESCRIPTION Bay,City Lights,Pier
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Bayfront,Dock Access
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Listed with Pacific Sotheby's Int'l Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/1/25 5:17 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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