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Sold for $7,950,000
  • Listed by: Douglas Elliman of California • Joshua Altman • Contact: 310-595-3888
    Bought with: Douglas Elliman of California
    $7,950,000

    1201 Bay Front N, Newport Beach, CA 92662

    4beds
    2,724sqft
    Single Family Residence
    Built in 1957
    2,550 Square Feet Lot
    $8,228,000 Zestimate®
    $2,919/sqft
    $9,800 Estimated rent

    Home value

    $8,228,000

    $6.83M - $9.96M

    $9,800/mo

    Zestimate® history
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    What's special

    Three-car garageOpen-concept layoutExpansive harbor vistasCorner lotRooftop deckMain-level bedroom
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Altman DRE #01764587 310-595-3888,

    Douglas Elliman of California,

    Matthew J. Altman DRE #01874316 310-819-3250,

    Douglas Elliman of California, Inc.

    Bought with:

    Joshua Altman, DRE #01764587

    Douglas Elliman of California

    Matthew J. Altman, DRE #01874316

    Douglas Elliman of California, Inc.

    Source: CRMLS,MLS#: OC25022930MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Guest Quarters, Kitchen, Laundry, Living Room, Primary Bedroom, Other
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Tile Counters
    Other
    • Features: Walk-In Closet(s)
    Cooling
    • See Remarks
    Appliances
    • Included: Built-In Range, Dishwasher, Microwave, Portable Dishwasher, Refrigerator, Water Heater
    • Laundry: Laundry Room, See Remarks
    Features
    • Open Floorplan, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Stone
    • Has fireplace: Yes
    • Fireplace features: Family Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,724 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Multi, Direct Access, Garage, Oversized, Private
    • Garage spaces: 3
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Deck, Patio, Rooftop
    • Exterior features: Dock
    • Pool features: None
    • Spa features: None
    • Fencing: Glass
    • Has view: Yes
    • View description: Bay, City Lights, Marina, Panoramic, Water
    • Has water view: Yes
    • Water view: Bay,Marina,Water
    • Waterfront features: Beach Access, Bayfront, Dock Access
    Lot
    • Size: 2,550 Square Feet
    • Features: Corner Lot
    Details
    • Additional structures: Guest House Detached
    • Parcel number: 05014105
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    • Subdivision: Balboa Island - Main Island (Balm)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,919/sqft
    • Tax assessed value: $536,435
    • Annual tax amount: $8,836
    • Date on market: 2/25/2025
    • Cumulative days on market: 204 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    11/20/2025Sold$7,950,000-9.1%$2,919/sqft
    Source: CRMLS #OC25022930 Report a problem
    10/14/2025Pending sale$8,750,000$3,212/sqft
    Source: CRMLS #OC25022930 Report a problem
    8/26/2025Price change$8,750,000-2.8%$3,212/sqft
    Source: CRMLS #OC25022930 Report a problem
    6/9/2025Price change$8,999,000-5.2%$3,304/sqft
    Source: CRMLS #OC25022930 Report a problem
    5/7/2025Price change$9,495,000-4.6%$3,486/sqft
    Source: CRMLS #OC25022930 Report a problem
    2/25/2025Listed for sale$9,950,000$3,653/sqft
    Source: CRMLS #OC25022930 Report a problem
    1/12/2021Listing removed--
    Source: CRMLS Report a problem
    1/24/2020Listed for rent$12,500$5/sqft
    Source: Pacific Sotheby's Int`l Realty #NP20016221 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,836 +1.2%$536,435 +2%
    2024$8,730 +2.8%$525,917 +2%
    2023$8,491 +45.7%$515,605 +2%
    2022$5,829 +1.9%$505,496 +2%
    2021$5,721 -78.8%$495,585 -85.8%
    2020$26,931 +375.4%$3,500,000 +627.8%
    2019$5,665 +2%$480,887 +2%
    2018$5,557 +3.8%$471,458 +2%
    2017$5,355 $462,214 +2%
    2016$5,355 +2.2%$453,151 +1.5%
    2015$5,239 +3.4%$446,345 +2%
    2014$5,067 $437,602 +0.5%
    2013-- $435,625 +2%
    2012-- $427,084 +2%
    2011-- $418,710 +0.8%
    2010-- $415,581 -0.2%
    2009-- $416,570 +2%
    2008-- $408,402 +2%
    2007-- $400,395 +2%
    2006-- $392,545 +2%
    2005-- $384,849 +2%
    2004-- $377,303 +1.9%
    2003-- $370,388 +2%
    2002-- $363,126 +2%
    2001$3,788 +2.6%$356,006 +2%
    2000$3,693 $349,026
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $8,228,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $8,228,000