$23,000,000
$3M PRICE DROP

Estimated payment $122,635/month

Total Views 18,223
7 Beds
8.5 Baths
6,319 Sq Ft
$3,640 Price per Sq Ft

Highlights

  • Home fronts a seawall
  • Marina View
  • In Ground Pool
  • Newport Elementary School Rated A
  • Boat Slip
  • Primary Bedroom Suite

About This Home

Rare Double-Lot Bayfront Opportunity in Newport Harbor. A truly once-in-a-lifetime offering, this custom-built bayfront estate sits on a rare double lot in one of Newport Harbor’s most coveted locations. Showcasing nearly 60 feet of bay frontage, the property commands sweeping views of the turning basin, city lights, Fashion Island, and the surrounding mountains—an ever-changing backdrop of Southern California beauty. Designed ahead of its time, the residence welcomes you through a dramatic gated entry featuring a tranquil pool, spa, and waterfall. Double glass doors open to reveal soaring ceilings and expansive living spaces that exude coastal sophistication. The grand living room with fireplace, sit-down bar, and formal dining area is ideal for effortless entertaining. The gourmet's kitchen is a dream, featuring sleek black granite countertops, custom cabinetry, a center island with a gas range, breakfast nook, built-in desk, and side-by-side Sub-Zero refrigerator and freezer. The main level also offers a private office or den, guest bedroom and bath, maid’s quarters, and an oversized three-car garage. A sweeping staircase—or private elevator—leads to the upper level, where the primary suite offers bayfront views, a fireplace, dual bathrooms, and custom walk-in closets. An oversized guest suite features a private covered balcony to enjoy the views, a walk-in closet, and an en-suite bath. Three additional en-suite bedrooms complete the upper floor. Outdoor living is effortless with both sun-soaked and covered patio areas along the bayfront. The private dock accommodates an 80-foot vessel, with additional space for a whaler on the side tie. This is a rare chance to own one of Newport’s landmark bayfront properties—an extraordinary blend of space, location, and timeless design.

Listing Agent

Georgina Jacobson

Coldwell Banker Realty Brokerage Phone: (949)2858380 License #01176109 Listed on: 04/23/2025

Coldwell Banker Realty

Co-Listing Agent

Joyce Rey

Coldwell Banker Realty Brokerage Phone: (949)2858380 License #00465013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,079

Year Built

  • Built in 1990

Lot Details

  • 7,664 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Property Views

  • Marina
  • Bay
  • Harbor
  • Panoramic
  • City Lights

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Concrete Roof
  • Wood Siding

Interior Spaces

  • 6,319 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Slip
  • Tile Patio or Porch
  • Terrace

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Tax Lot 047
  • Tax Tract Number 272
  • Assessor Parcel Number 04727215

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,079

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04727215
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6319.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Elevator, Granite Counters, High Ceilings, Pantry, Wet Bar
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3639.82
  • Room Type: Den, Entry, Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Suite, Two Primaries, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Jetted Tub, Main Floor Full Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip
  • View: Bay, City Lights, Harbor, Marina, Panoramic, Water
  • Patio And Porch Features: Patio, Terrace, Tile
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Gas Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7664.00
  • Lot Size Acres: 0.1759

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7664.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Seawall

Tax Info

  • Tax Lot: 047
  • Tax Tract Number: 272

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,079 $1,326,643 $234,072 $1,092,571
2024 $14,079 $1,300,631 $229,482 $1,071,149
2023 $13,747 $1,275,129 $224,982 $1,050,147
2022 $13,517 $1,250,127 $220,571 $1,029,556
2021 $13,259 $1,225,615 $216,246 $1,009,369
2020 $13,132 $1,213,048 $214,028 $999,020
2019 $12,863 $1,189,263 $209,831 $979,432
2018 $12,608 $1,165,945 $205,717 $960,228
2017 $12,386 $1,143,084 $201,684 $941,400
2016 $12,109 $1,120,671 $197,729 $922,942
2015 $11,994 $1,103,838 $194,759 $909,079
2014 $11,712 $1,082,216 $190,944 $891,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $23,000,000 -9.8% $3,640 / Sq Ft
07/22/2025 07/22/25 Price Changed $25,500,000 +13.3% $4,035 / Sq Ft
07/22/2025 07/22/25 Price Changed $22,500,000 -11.8% $3,561 / Sq Ft
04/23/2025 04/23/25 For Sale $25,500,000 -- $4,035 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25084135

California Regional Multiple Listing Service (CRMLS)

APN: 047-272-15