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1201 N Bay Front, Newport Beach, CA 92662

List Price: $8,999,000On Market FlagOn market
Feb 25, 20252,724 sqft4 beds4 baths
Listed by: Joshua Altman
License #: 01764587
Phone #: 310-595-3888
Douglas Elliman of California
Source:
CRMLS Logo
MLS #: OC25022930

Property Description

Ideally positioned on the prestigious North Bay Front of famed Balboa Island, this exceptional waterfront property offers an unparalleled blend of luxury, convenience, and breathtaking views. Situated on a coveted corner lot, the home boasts expansive harbor vistas from the main living area, primary suite, and rooftop deck. The main residence features an open-concept layout, seamlessly integrating indoor and outdoor living, a main-level bedroom, while the rooftop deck—complete with its own kitchenette—provides a spectacular setting for hosting guests against the backdrop of shimmering bay views. Adding to the property’s appeal, a separate one-bedroom back unit with a private entrance and patio offers versatility as a guest retreat, rental opportunity, or multigenerational living space. Thoughtfully designed, the home includes two laundry rooms, ensuring convenience for both dwellings. A standout feature is the highly sought-after 50-foot dock, which accommodates a large boat along with a side tie for a Duffy—ideal for enjoying the island’s charming waterways. Further enhancing its desirability, the property boasts a three-car garage with direct access from Amethyst Avenue, providing rare and ample parking—an invaluable asset on the island. Located just moments from Balboa Island’s Main Street, residents can indulge in boutique shopping, renowned dining, and the vibrant coastal lifestyle. This is coastal living at its finest—a rare opportunity to own a premier bayfront home in one of Southern California’s most iconic destinations.
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

$121,677

TurboHome Estimated Value

$8,555,400

$3,141 sqft

High Valuation
$8,983,170
$3298/sqft
Normal Valuation
$8,555,400
$3141/sqft
Low Valuation
$8,127,630
$2984/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3141/sqft$8,555,400

Neighborhood: Balboa Island - Main Island (BALM)

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Comparative Value

$5.50M

$6.50M

$7.35M

$9.00M

$9.10M

126 Abalone Ave, Newport Beach, CA 92662

Sale Price: $5,500,000

Selected Comparable

208 Collins Ave, Newport Beach, CA 92662

Sale Price: $5,600,000

Selected Comparable

1306 Dolphin Ter, Corona Del Mar, CA 92625

Sale Price: $6,500,000

Selected Comparable

911 N Bay Front, Newport Beach, CA 92662

Sale Price: $7,350,000

Selected Comparable

1201 N Bay Front, Newport Beach, CA 92662

List Price: $8,999,000

Subject Property

401 N Bay Front, Newport Beach, CA 92662

Sale Price: $9,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1201 N Bay Front, Newport Beach, CA 92662

1201 N Bay Front, Newport Beach, CA 92662

List: $8,999,000

Listed: 2/25/2025

Area:2,724 sqft
Price/sqft:$3,304
Beds:4
Baths:4
Year Built:
Lot Size:2,550

Comparable Properties

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

911 N Bay Front, Newport Beach, CA 92662

Sale: $7,350,000

2/26/20250.10 mi

Area:2,178 sqft
Price/sqft:$3,375
Beds:4
Baths:4
Year Built:
Weight:23.9%
1306 Dolphin Ter, Corona Del Mar, CA 92625

1306 Dolphin Ter, Corona Del Mar, CA 92625

Sale: $6,500,000

5/12/20250.29 mi

Area:3,850 sqft
Price/sqft:$1,688
Beds:4
Baths:4
Year Built:
Weight:21.5%
401 N Bay Front, Newport Beach, CA 92662

401 N Bay Front, Newport Beach, CA 92662

Sale: $9,100,000

11/6/20240.32 mi

Area:2,645 sqft
Price/sqft:$3,440
Beds:3
Baths:4
Year Built:
Weight:21.0%
126 Abalone Ave, Newport Beach, CA 92662

126 Abalone Ave, Newport Beach, CA 92662

Sale: $5,500,000

6/5/20250.28 mi

Area:2,219 sqft
Price/sqft:$2,479
Beds:5
Baths:5
Year Built:
Weight:16.8%
208 Collins Ave, Newport Beach, CA 92662

208 Collins Ave, Newport Beach, CA 92662

Sale: $5,600,000

2/18/20250.29 mi

Area:2,393 sqft
Price/sqft:$2,340
Beds:3
Baths:5
Year Built:
Weight:16.8%

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