$9,475,000
$1M PRICE DROP

Estimated payment $59,512/month

Total Views 22,223
4 Beds
3.5 Baths
2,003 Sq Ft
$4,730 Price per Sq Ft

Highlights

  • Marina
  • Property has ocean access
  • Home fronts a seawall
  • Abraham Lincoln Elementary School Rated A
  • Private Dock Site
  • Marina View

About This Home

RARE 1 & 1/2 BAYFRONT LOT on BALBOA ISLAND with PRIVATE DOCK
An extraordinary opportunity to build a luxury waterfront home in Newport Beach. With an impressive lot-and-a-half, this property offers unmatched potential to design a custom coastal estate of over 4,000 square feet on one of the most desirable stretches of the Island. The ideal location allows for expansive outdoor living spaces, floor-to-ceiling windows framing panoramic harbor views, and the opportunity for a large rooftop deck overlooking the scenic Newport Harbor.
The private multi-craft dock provides direct access to boating, paddle boarding, and waterfront dining throughout Newport Harbor. Just steps from Marine Avenue’s shops, cafes, and restaurants, the property offers both convenience and privacy, blending the best of island charm with the joys of Southern California waterfront living.
Don’t miss this unique opportunity to create your own bay front legacy home.

Listing Agent

Georgie Fenton

Coldwell Banker Realty Brokerage Phone: 208-720-6203 License #00990939 Listed on: 06/20/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 3,825 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Marina
  • Bay
  • Harbor

Home Design

  • Duplex
  • Cottage
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,003 Sq Ft Home
  • 2-Story Property
  • Awning
  • Living Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Bathroom on Main Level
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Private Dock Site
  • Ocean Side of Highway 1
  • Brick Porch or Patio

Schools

  • Corona Del Mar High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 19 / 14
  • Tax Tract Number 102
  • Assessor Parcel Number 05015102
  • $3,504 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Island Main Island Subdivision

Recreation

  • Marina
  • Fishing
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Private Dock, Shore Mooring
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05015102
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2003.00 Square Feet
  • Interior Amenities: Pull Down Stairs to Attic, Tile Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4730.40
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower, Main Floor Full Bath

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Dock Private
  • View: Bay, Harbor, Marina, Water
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3825.00
  • Lot Size Acres: 0.0878

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3825.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Bay Front, Marina in Community, Ocean Access, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 630.06
  • Tax Lot: 19
  • Tax Tract Number: 102
  • TaxOtherAnnualAssessmentAmount: 3504.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $9,475,000 0.0% $4,730 / Sq Ft
09/06/2025 09/06/25 Off Market $9,475,000 -- --
07/23/2025 07/23/25 Price Changed $9,475,000 -5.0% $4,730 / Sq Ft
02/20/2025 02/20/25 For Sale $9,975,000 -7.6% $4,980 / Sq Ft
12/12/2024 12/12/24 Off Market $10,800,000 -- --
12/11/2024 12/11/24 For Sale $10,800,000 0.0% $5,392 / Sq Ft
12/10/2024 12/10/24 Off Market $10,800,000 -- --
06/20/2024 06/20/24 For Sale $10,800,000 -- $5,392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24082045

California Regional Multiple Listing Service (CRMLS)

APN: 050-151-02