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129 N Bay Front, Newport Beach, CA 92662

Sale Price: $6,500,000
May 21, 20251,221 sqft2 beds2 baths
Listed by: Arthur Dorr
License #: 01899740
Phone #: 9496737368
Balboa Realty
Source:
CRMLS Logo
MLS #: NP25113381

Property Description

Presenting a rare opportunity to own a legacy property in one of Balboa Island’s most peaceful and picturesque locations. Ideally situated on the quiet northwest corner of the island, this exceptional bayfront offering combines charm, flexibility, and unlimited potential in an idyllic coastal setting. Enjoy panoramic views of North Bayfront, with Collins Island just steps away and vistas that stretch across Harbor Island, Linda Isle, and Beacon Bay. The tranquil location offers direct access to the water and is just a short stroll from the iconic Balboa Island Ferry—providing easy access to the Peninsula, beaches, and harbor front attractions. The existing 2-bedroom, 2-bathroom cottage is filled with classic coastal character and is move-in ready—perfect for those seeking a relaxed island lifestyle today. Whether used as a full-time residence, weekend getaway, or charming income property, it offers immediate enjoyment with lasting value. For those with a vision to build, the property presents an extraordinary opportunity to design a custom bayfront estate in one of Newport Beach’s most desirable waterfront enclaves. Included with the property is private dock space—ideal for boating, paddleboarding, or simply embracing life on the water. A two-car garage, accessible from the alley, adds to the convenience and practicality of this special offering. Whether you choose to preserve the home's enduring charm or create the custom residence of your dreams, this is a one-of-a-kind opportunity to experience the very best of Balboa Island living.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$69,012

TurboHome Estimated Value

$5,550,400

$4,546 sqft

High Valuation
$5,827,920
$4773/sqft
Normal Valuation
$5,550,400
$4546/sqft
Low Valuation
$5,272,880
$4318/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$4546/sqft$5,550,400

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$3.50M

$5.20M

$6.50M

$6.50M

1569 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,495,000

Selected Comparable

700 Saint James Rd, Newport Beach, CA 92663

Sale Price: $3,500,000

Selected Comparable

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale Price: $3,500,000

Selected Comparable

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $5,200,000

Selected Comparable

129 N Bay Front, Newport Beach, CA 92662

List Price: $6,500,000

Subject Property

129 N Bay Front, Newport Beach, CA 92662

Sale Price: $6,500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
129 N Bay Front, Newport Beach, CA 92662

129 N Bay Front, Newport Beach, CA 92662

List: $6,500,000

Listed: 5/21/2025

Area:1,221 sqft
Price/sqft:$5,324
Beds:2
Baths:2
Year Built:
Lot Size:2,564

Comparable Properties

COMPARABLE
Choose comps
129 N Bay Front, Newport Beach, CA 92662

129 N Bay Front, Newport Beach, CA 92662

Sale: $6,500,000

7/11/20250.00 mi

Area:1,221 sqft
Price/sqft:$5,324
Beds:2
Baths:2
Year Built:
Weight:26.4%
1569 E Ocean Blvd, Newport Beach, CA 92661

1569 E Ocean Blvd, Newport Beach, CA 92661

Sale: $3,495,000

1/17/20250.94 mi

Area:1,000 sqft
Price/sqft:$3,495
Beds:2
Baths:2
Year Built:
Weight:19.8%
1309 E Balboa Blvd, Newport Beach, CA 92661

1309 E Balboa Blvd, Newport Beach, CA 92661

Sale: $5,200,000

4/1/20250.74 mi

Area:1,316 sqft
Price/sqft:$3,951
Beds:3
Baths:2
Year Built:
Weight:18.2%
700 Saint James Rd, Newport Beach, CA 92663

700 Saint James Rd, Newport Beach, CA 92663

Sale: $3,500,000

3/11/20251.01 mi

Area:1,282 sqft
Price/sqft:$2,730
Beds:3
Baths:2
Year Built:
Weight:18.1%
2004 E Ocean Blvd, Newport Beach, CA 92661

2004 E Ocean Blvd, Newport Beach, CA 92661

Sale: $3,500,000

11/27/20241.09 mi

Area:1,176 sqft
Price/sqft:$2,976
Beds:3
Baths:2
Year Built:
Weight:17.5%

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