$15,550,000
$16,250,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1240 W Bay AVE Newport Beach, CA 92661
3 Beds
4 Baths
3,196 SqFt
Key Details
Sold Price $15,550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,196 sqft
Price per Sqft $4,865
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25060307
Sold Date 04/28/25
Bedrooms 3
Full Baths 2
Three Quarter Bath 2
HOA Y/N No
Year Built 1994
Lot Size 5,135 Sqft
Property Sub-Type Single Family Residence
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.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Other Rooms Gazebo
Interior
Interior Features Wet Bar, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, Bar, All Bedrooms Up, Atrium, Walk-In Closet(s)
Heating Fireplace(s)
Cooling None
Flooring Carpet, Tile
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Exterior Feature Dock
Parking Features Door-Multi, Direct Access, Garage, Garage Faces Rear
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Curbs, Fishing, Sidewalks, Water Sports
Waterfront Description Bayfront,Dock Access
View Y/N Yes
View Bay, City Lights, Pier
Roof Type Clay,Tile
Accessibility Safe Emergency Egress from Home
Porch Concrete, Deck, Patio
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Gazebo
New Construction No
Schools
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04723201
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Stephen Mortensen • Coldwell Banker Realty