1240 W Bay Avenue, Newport Beach, CA 92661

$15,550,000
3
BD
4
BA
3,196
SqFt

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Sold Price
$15,550,000
List Price
$16,250,000
Closing Date
Apr 28, 2025
Status
CLOSED
MLS#
NP25060307
Year Built
1994
Bedrooms
3
Bathrooms
4
Living Sq. Ft
3,196
Lot Size
5,136
Acres
0.12
Lot Location
0-1 Unit/Acre, Corner Lot, Landscaped
Days on Market
1
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

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.

Additional Information

Other Buildings
Gazebo
Appliances
Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Gas, Living Room
Heat
Fireplace(s)
Cooling Description
None
View
Bay, City Lights, Pier
Patio
Concrete, Deck, Patio
Roof
Clay, Tile
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
High School
Newport Harbor
Interior Features
Wet Bar, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Bar, All Bedrooms Up, Atrium, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Kimberly Bibb (kbibb10@gmail.com) from Listing Office: Pacific Sotheby's Int'l Realty.

Listing sold by Stephen Mortensen from Coldwell Banker Realty

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.