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Sold for $15,550,000 on 04/28/25
  • Listing Provided by: 

    Kimberly Bibb DRE #01210754 714-396-0185,

    Pacific Sotheby's Int'l Realty

    $15,550,000

    1240 W Bay Ave, Newport Beach, CA 92661

    3beds
    3,196sqft
    Single Family Residence
    Built in 1994
    5,136 Square Feet Lot
    $15,577,600 Zestimate®
    $4,865/sqft
    $7,544 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: April 28, 2025 at 04:15pm

    Listing Provided by:

    Kimberly Bibb DRE #01210754 714-396-0185,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Stephen Mortensen, DRE #01813078

    Coldwell Banker Realty

    Source: CRMLS,MLS#: NP25060307MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 1
    Heating
    • Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
    • Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
    Features
    • Wet Bar, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Bar, All Bedrooms Up, Atrium, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Windows: Bay Window(s)
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,196 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Direct Access, Garage, Garage Faces Rear
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Concrete, Deck, Patio
    • Exterior features: Dock
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Bay, City Lights, Pier
    • Has water view: Yes
    • Water view: Bay,Pier
    • Waterfront features: Bayfront, Dock Access
    Lot
    • Size: 5,136 sqft
    • Features: 0-1 Unit/Acre, Corner Lot, Landscaped
    Details
    • Additional structures: Gazebo
    • Parcel number: 04723201
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Clay,Tile
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Fishing, Sidewalks, Water Sports
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Peninsula (Residential) (Balp)

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
    • Road surface type: Paved
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $15,577,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $15,577,600