1240 W Bay Avenue
Newport Beach, CA 92661
- 3 beds
- 4 baths
- 3,196 sqft
- 5,136 sqft lot
- $5,084 per sqft
- 1994 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 28, 2025
•
MLS# NP25060307 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:1994
-
Year Built Source:Seller
-
New Construction:No
-
Total Number Of Units:1
-
Roof:Clay, Tile
-
Structure Type:House
-
Exterior Features:Dock Private, Pier
-
Stories Total:2
-
Entry Level:1
-
Patio And Porch Features:Concrete, Deck, Patio
-
Patio:1
-
Accessibility Features:2+ Access Exits
-
Common Walls:No Common Walls
Interior
-
Features:Balcony, Bar, Ceiling Fan(s), Open Floorplan, Wet Bar
-
Levels:Two
-
Entry Location:1
-
Kitchen Features:Kitchen Island, Kitchen Open to Family Room
-
Eating Area:Dining Room
-
Window Features:Bay Window(s)
-
Flooring:Carpet, Tile
-
Room Type:All Bedrooms Up, Atrium, Den, Great Room, Kitchen, Primary Bathroom, Primary Bedroom, Walk-In Closet
-
Living Area Units:Square Feet
-
Living Area Source:Assessor
-
Fireplace:Yes
-
Fireplace:Living Room, Gas
-
Laundry:Gas Dryer Hookup, In Garage, Washer Hookup
-
Laundry:1
Room Dimensions
-
Living Area:3196.00
Location
-
Directions:Take Balboa Blvd to W Bay Avenue
-
Latitude:33.60741400
-
Longitude:-117.91710400
The Property
-
Property Type:Residential
-
Subtype:Single Family Residence
-
Lot Features:0-1 Unit/Acre, Corner Lot, Landscaped
-
Lot Size Area:5136.0000
-
Lot Size Acres:0.1179
-
Lot Size SqFt:5136.00
-
Lot Size Source:Assessor
-
View:1
-
View:Bay, City Lights, Pier
-
Road Surface Type:Paved
-
Additional Parcels:No
-
Other Structures:Gazebo
-
Land Lease:No
-
Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:628.00
-
Tax Tract:626
-
Tax Lot:1
Beds
-
Total Bedrooms:3
Baths
-
Total Baths:4
-
Bathroom Features:Bathtub, Double Sinks in Primary Bath, Separate tub and shower, Vanity area, Walk-in shower
-
Full & Three Quarter Baths:4
-
Main Level Baths:1
-
Full Baths:2
-
Three Quarter Baths:2
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:04723201
Heating & Cooling
-
Heating:1
-
Heating:Fireplace(s)
-
Cooling:No
-
Cooling:None
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
Appliances
-
Appliances:Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Refrigerator
-
Included:Yes
Schools
-
High School:Newport Harbor
-
High School:NEWHAR
-
High School District:Newport Mesa Unified
The Community
-
Subdivision:Balboa Peninsula (Residential) (BALP)
-
Subdivision:Balboa Peninsula (Residential) (BALP)
-
Features:Biking, Curbs, Fishing, Watersports, Sidewalks
-
Association:No
-
Pool:None
-
Waterfront Features:Bay Front, Includes Dock
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:No
-
Assessments:None
Parking
-
Parking:Yes
-
Parking:Direct Garage Access, Garage Faces Rear, Garage - Two Door
-
Parking Spaces:3.00
-
Attached Garage:Yes
-
Garage Spaces:3.00
Monthly cost estimate

Asking price
$16,250,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$87,013
|
Taxes | N/A |
Insurance | $4,468 |
Utilities | $168 See report |
Total | $91,649/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/26/25
Mar 26, 2025
|
Listed / Active | CRMLS_CA | $16,250,000 |