$15,550,000

1240 W Bay Avenue, Newport Beach CA, 92661

Price per sqft$4,865.46

Built in1994

Property size3,196 sqft

Property typeResidential

Bought with Stephen Mortensen with Coldwell Banker Realty and Listed by Kimberly Bibb CA DRE# 01210754 with Pacific Sotheby's Int'l Realty 714-396-0185

Overview

Sold

Closed

Listed Mar 26, 2025

Updated Jun 19

Nestled on an oversized, 48’ wide corner lot along the prestigious Balboa Peninsula, this exceptional bayfront home offers unparalleled waterfront living with breathtaking views of Newport Harbor. This highly desirable residence features a private dock and a stunning pier with a rare covered gazebo, perfect for Al fresco dining. The thoughtfully designed 3-bedroom, 4-bathroom home is bathed in natural light from skylights throughout, enhancing its airy and inviting ambiance. The luxurious master suite boasts panoramic harbor views, a private deck, a cozy seating area, and a spa-like en suite bathroom. Two additional bedrooms each have access to the back deck with a charming peek-a-boo ocean view. The beautifully appointed kitchen overlooks the bay and living room - which features a fireplace, as well as sliding doors opening out to the expansive front patio, ideal for seamless indoor-outdoor living. Completing this remarkable home is a den with a wet bar, small basement, and a spacious 3-car attached garage. Just steps to the sand and all of the activities, fine dining, and attractions Newport Beach has to offer - this is the perfect blend of elegance, comfort, and prime waterfront living.

Additional information

MLS^® ID: NP25060307

Interior Features

Bedrooms: 3
Bathrooms: 4
Fireplace: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.12 Acres

Other Property Details

Garage: Yes
View: Yes
Waterfront: Yes
55+/Senior Community: No

Bought with Stephen Mortensen with Coldwell Banker Realty and Listed by Kimberly Bibb CA DRE# 01210754 with Pacific Sotheby's Int'l Realty 714-396-0185

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:47 PM UTC Last Checked: 1:47 PM UTC