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Water Views
Address
1417 E Bay Avenue Newport Beach, CA
Price
$ 22,995,000
Property Attributes
  • MLS#NP19002950
  • TypeSingle Family
  • CountyORANGE
  • CityNewport Beach
  • AreaBalboa Peninsula
  • NeighborhoodBalboa Peninsula Point
  • Zip92661
  • Style
  • Price$ 22,995,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4741
  • Lot Size0.39 Acres
Listing Provided Courtesy Of:
Robert Giem with Compass.
Property Description

The last great bay front compound in Peninsula Point is now for sale for the first time in over 50 years. Six contiguous lots comprise this once-in-a-lifetime opportunity now on offer. The total combined lot area is approximately 17,000 square feet, or .4 acres. Situated on a desirable corner with 180-degree harbor views, the bay front property features an expansive 60’ of frontage on the harbor. The verdant seaside garden and large private beach are built out to the grandfathered bulkhead. Adjacent to the bay front home are 1416 & 1418 East Balboa Blvd., included in this offering, that feature harbor and ocean views. The bay front residence was originally designed in a refined Cape Cod style. It opens to a large brick terrace and shade trees overlooking its lawn, sandy beach, and the harbor. This understated and graceful home retains much of its period charm. Alternatively, all of the properties can be maximized to create a new home and outbuildings in excess of 15,000 SF + 4,000 SF of basements. The private dock can be reconfigured to hold 3 boats up to 65’,53’, & 50’. The adjacent lots are improved with a multi-car garage building (1418) and a 1920’s cottage (1416). The redevelopment opportunities are extraordinary. Peninsula Point is the best kept secret on Newport Harbor. Adjacent to the harbor entrance and the Wedge, residents of this revered seaside neighborhood enjoy an idyllic lifestyle of sailing and days on the beach – set away from the bustle of Newport Beach.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Newport Harbor High School
Price History
1/4/2019 Listed $22,995,000

General Features

Assessments None
Attached Structure Detached
Community Features Storm Drains, Street Lighting, Suburban
Directions Newport Boulevard to G Street
HOA Fee 0.00
High School Newport Harbor
High School 2 NEWHAR
Levels Two
Listing Agent Robert Giem - BRE#01082750
Listing Agent State License 01082750
MLS Area NP - Balboa Peninsula
Price Per Square Foot 4850.24
Property SubType Single Family Residence
School District Newport Mesa Unified
Special Listing Conditions Standard
Subdivision Name Balboa Peninsula Point (BLPP)
Subdivision Name Balboa Peninsula Point (BLPP)

Interior Features

Common Walls No Common Walls
Cooling None
Eating Area Area
Fireplace Features Family Room, Living Room, Gas, Gas Starter, Wood
Fireplace Y/N Yes
Full + 3/4 Baths 5
Full Baths 5
Heating Electric
Heating Y/N Yes
Laundry Features Area
Laundry Y/N Yes
Main Level Bathrooms 1
Main Level Bedrooms 1
Room Type Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
Total Stories 2

Exterior Features

Exterior Features Boat Slip
Garage Spaces 7.00
Lot Features Corner Lot, Lawn, Lot 10000-19999 Sqft, Yard
Lot Size Acres 0.3903
Lot Size Area 17000.0000
Lot Size Source Other
Lot Size Square Feet 17000.00
Lot Size Units Square Feet
Parking Features Garage, Garage - Front Entry, Garage - Rear Entry, Garage - Side Entry, Garage - Three Door, Garage - Two Door
Parking Y/N Yes
Pool Features None
Sewer Public Sewer
Total Parking 7.00
View Bay, City Lights, Coastline, Harbor, Ocean, Water
Water Source Public
Waterfront Features Bay Front, Includes Dock, Ocean Access, Seawall

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92661

Price
AVG $7.94M
$23M
Visits
AVG 338
343
Year Built
AVG 1983
1912
Walkscore
AVG 42
48
Data Provided by Walkscore ® not using MLS data

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