Seize this unique Balboa Island opportunity to own or develop this oversized Bayfront property, featuring 45 feet of pristine waterfront. This rare one and one-half lot offers unparalleled potential to build your dream estate-sized home of over 4,000 square feet. The property is enhanced by abundant tropical landscaping, providing a tranquil oasis in the front yard and private brick patio at the back, offering serene and quiet spaces perfect for relaxation and entertaining. Located in a prime position, this home is within close proximity to the charming Marine Avenue shops, delightful restaurants, and beautiful beaches. The convenient location allows for easy access on and off the island, making everyday living a breeze. The private dock is perfectly situated in this boater's paradise for easy navigation to the Newport Harbor destinations, the harbor entrance, many waterfront restaurants and yacht clubs. This exceptional property has been cherished by only one family, presenting a rare chance for one to create your own legacy in this sought-after island community. Don’t miss out on making this special property your own.
Property Details
Property Features
Property Information:
Architectural Style: Cottage
Year Built: 1951
Stories: 2
Living Area: 2,003 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (208) 720-6203
Listing Agent: Georgie Fenton
Interior Features
Interior Information:
Appliances: Dishwasher, Range, Gas Range, Gas Water Heater, Water Heater
Flooring Type: Wood
Interior: Pull Down Attic Stairs, Tile Counters, Bedroom on Main Level
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Bay Front, Ocean Access, Seawall
View: Bay, Harbor, Marina, Water
Exterior: Awning(s), Dock
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Garage, Garage Faces Rear
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: None
Other
Directions Information:
Directions: From Jamboree, cross over bridge, first left
Price Information
Listing Price Info
Price Summary:
List Price: $10,800,000
Price Per SqFt: $5,392/SqFt
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $7.3M more than the Median Sold Price and $3.9K/SqFt more than other homes in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24082045
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (208) 720-6203
Listing Agent: Georgie Fenton
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school1.20 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.64 miles
Public District Grades KG-6
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.69 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.74 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school3.86 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.83 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.70 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school1.88 miles
Public District Grades 7-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.11 miles
The neighbors living near this home have an average income of $97,018. Typical income of Newport Beach, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 1407 N Bay Front E in Newport Beach, CA and zip code 92662 in the Balboa Island neighborhood. This 2,003 square foot home, which was built in 1951, sits on a 0.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $10,800,000.
Newport Beach, CA housing market in October 2024 saw over 6 listings sold above listed price, more than 10 sold at listed price and over 52 sold below. The number of listings in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. In October 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $3,475,000.
From Rocket Homes Real Estate and based on county public records data.