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300 302 South Bayfront

Newport Beach, CA 92662

10 beds
10 baths
5,614 sqft
5,193 sqft lot
$3,206 per sqft
1991 build
– on site

RARE OPPORTUNITY ON THE SOUTH BAYFRONT OF BALBOA ISLAND! Imagine, twice the home on the fabulous Newport Beach Harbor! Walk out your front door and experience the sun, the fresh air, the calmness and the beauty of the bay! Side by side South Bayfront, Balboa Island lots available on a CORNER! Wonderful location near the west end of South Bayfront. Never ending views of the harbor! Build your dream home! This is an opportunity of a lifetime! Existing structures will provide 3 incomes while you walk through the process of combining these two wonderfully located properties. Create your waterfront legacy! This listing is for both 300 South Bayfront and 302 South Bayfront combined! 300 South Bayfront is a single family home with 2 family rooms, one up and one down, 3 bedrooms, 5 baths and 2 car garage. The lot size is 2,640 sq ft. The sq ft of the existing structure is 2,429 sq ft and it was built in 1991. The property at 302 South Bayfront, the lower unit, is a 3 bedroom 2 bath and 1 carport with an electric car charger. The lot size is 2,553 sq ft. The existing structure, a duplex, was built in 1968. The upper unit has 4 bedrooms, 3 baths and 1 carport. Together the lots combined come to 5,193 sq ft and would create approximately 60 feet of south bay frontage. The undergrounding of the utilities is almost complete! No utility poles or wires in your rooftop deck view! From the sea to the mountains! Both properties have electric car charging stations installed. The duplex only on the lower unit. This fact is less important if you plan to tear down and build a single family with the required ADUs. The income on this property will go a long way in helping you get through the City of Newport Beach, the Coastal Commission and designing phase of your new home. At this point in time, the Sellers are not interested in selling the houses separately. This is a listing for two properties being sold together. (buyer to verify the information in this listing) All measurements are approximate and suggestions to build are to be verified by the City of Newport Beach, Coastal Commission and Architect as to the potential of what is allowed.

Listed By CRMLS_CA / Marlys Vasterling / Lora Vance, Realtor / marlys@loravance.com

Last checked: Checking… • Last updated Apr 26, 2025 •

MLS# NP25091242 —

The Building

Year Built:

1991
Year Built Source:

See Remarks
New Construction:

No
Total Number Of Units:

3
Architectural Style:

See Remarks
Structure Type:

House
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

Multi/Split
Entry Location:

Front
Room Type:

Main Floor Bedroom
Living Area Units:

Square Feet
Living Area Source:

See Remarks
Fireplace:

Yes
Fireplace:

Living Room, Gas
Laundry:

Gas & Electric Dryer Hookup
Laundry:

1

Room Dimensions

Living Area:

5614.00

Location

Directions:

Jamboree to Marine Avenue, Right on Park Ave, left on Garnet Ave to South Bayfront
Latitude:

33.60651200
Longitude:

-117.89917300

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Lot Features:

0-1 Unit/Acre, Near Public Transit, Paved
Lot Size Area:

5193.0000
Lot Size Acres:

0.1192
Lot Size SqFt:

5193.00
Lot Size Source:

See Remarks
View:

1
View:

Bay, City Lights, Harbor, Panoramic, See Remarks, Water
Additional Parcels:

Yes
Additional Parcels Description:

05004212
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

99
Tax Lot:

1/2

Beds

Total Bedrooms:

10

Baths

Total Baths:

10
Full & Three Quarter Baths:

8
Full Baths:

6
Half Baths:

2
Three Quarter Baths:

2

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

05004211

Heating & Cooling

Cooling:

Yes
Cooling:

Central Air, See Remarks

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Underground Utilities, Water Connected
Sewer:

Sewer Paid
Water Source:

Public

Schools

Elementary:

HARVIE
Elementary School:

Harbor View
Middle School:

Corona Del Mar
Middle School:

CODEMA
High School:

Corona Del Mar
High School:

CODEMA
High School District:

Newport Mesa Unified

The Community

Subdivision:

Balboa Island - Main Island (BALM)
Subdivision:

Balboa Island - Main Island (BALM)
Neighborhood:

Balboa Island
Features:

Biking, Curbs, Fishing, Golf, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

None
Waterfront Features:

Bay Front, Beach Front, Fishing in Community, Navigable Water, Ocean Access, Seawall
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Special Assessments

Parking

Parking:

Yes
Parking:

On Site
Parking Spaces:

4.00
Attached Garage:

Yes
Garage Spaces:

4.00

Monthly cost estimate

Asking price

$18,000,000

Expense	Monthly cost
Mortgage	$96,384
Taxes	N/A
Insurance	$4,950
Utilities	$258 See report
Total	$101,592/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/25/25 Apr 25, 2025	Listed / Active	CRMLS_CA	$18,000,000

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This house located in Balboa Island, Newport Beach, CA 92662 is currently for sale for $18,000,000. 300 302 South Bayfront is a 5,614 square foot house with 10 beds and 10 baths that has been on Estately for 3 days. 300 302 South Bayfront is in the Balboa Island neighborhood of Newport Beach and has a WalkScore® of 75, making it very walkable. This house is in the attendance area of Corona Del Mar High School.

Listing Courtesy of: CRMLS_CA and Lora Vance, Realtor. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Apr 28.

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.