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Under contract
  • Listed by: Lora Vance, Realtor • Marlys Vasterling • Contact: marlys@loravance.com
    $7,500,000

    1207 Bay Front N, Newport Beach, CA 92662

    2beds
    992sqft
    : 
    $49,385/mo
    Get pre-qualified
    Single Family Residence
    Built in 1932
    2,550 Square Feet Lot
    $6,900,800 Zestimate®
    $7,560/sqft
    $-- HOA

    What's special

    Iconic waterfront residence
    A rare opportunity awaits on Balboa Island’s coveted North Bayfront — an iconic waterfront residence paired with its own private dock directly in front of the home. With a finger slip, two side ties, and generous dock space, it easily accommodates a sailboat/power boat, and Duffy, with flexibility to reconfigure the float to suit your ideal boating lifestyle. Some homes don’t just sit on the water—they hold stories, memories, and generations of joy. This beloved Balboa Island waterfront residence, cherished by the same family for more than 80 years, is one of those rare places. Built in 1912 and lovingly expanded in the 1920s, it carries the soul of the Island’s early days while offering a front row connection to the harbor that defines life here. Today, it stands as a meaningful piece of local history — and an extraordinary canvas for its next chapter. Perfectly positioned in the desirable 1200 block of North Bayfront, with direct access to the beach, embrace the gentle, sandy shoreline perfect for swimming and family fun. This home is just moments from the Village, where charming boutiques, cafés, and celebrated dining create a warm, walkable, and welcoming community. From your own patio, watch the magic of the Christmas Boat Parade drift by, or set off for a spontaneous trip to Catalina. Centrally located near world class shopping, performing arts venues, and top medical institutions such as Hoag Hospital, City of Hope, and the new UCI Medical Center, this home blends coastal charm with everyday convenience. Whether you envision embracing full time island living, creating a cherished vacation retreat, or building a spectacular new custom residence, this property offers an unparalleled chance to own and preserve a significant piece of Balboa Island history. This home is more than a property, it’s a chance to continue a legacy, to build new memories, and to shape the next chapter of a place that has meant so much to so many. The possibilities are truly exceptional. (Video shown is AI generated to illustrate potential future concepts.)
    145 days
    |
    610
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marlys Vasterling DRE #00889533 marlys@loravance.com,

    Lora Vance, Realtor

    Source: CRMLS,MLS#: NP26045210MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Kitchen, Living Room, Office, Workshop
      Bedroom
      • Features: Bedroom on Main Level
      Kitchen
      • Features: Galley Kitchen
      Cooling
      • None
      Appliances
      • Laundry: Inside
      Features
      • Bedroom on Main Level, Galley Kitchen, Workshop
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 992 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Entry location: Bay side
      • Exterior features: Dock
      • Pool features: None
      • Has view: Yes
      • View description: Bay, City Lights, Harbor, Marina, Water
      • Has water view: Yes
      • Water view: Bay,Harbor,Marina,Water
      Lot
      • Size: 2,550 Square Feet
      • Features: 0-1 Unit/Acre, Garden, Level, Rectangular Lot
      Details
      • Parcel number: 05014103
      • Special conditions: Standard,Trust

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1932

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Dog Park, Fishing, Golf, Hiking, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports
      • Subdivision: Balboa Island - Main Island (Balm)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $7,560/sqft
      • Tax assessed value: $303,939
      • Annual tax amount: $3,590
      • Date on market: 3/3/2026
      • Cumulative days on market: 145 days
      • Listing terms: Cash,Cash to New Loan
      • Exclusions: All appliances to be removed from the home unless negotiated otherwise. The oven, range hood, washer/dryer, dishwasher, refrigerator, etc...
      • Road surface type: Alley Paved, Paved

        Estimated market value

        $6,900,800

        $6.56M - $7.25M

        $5,867/mo

        Price history

        DateEventPrice
        7/9/2026Contingent$7,500,000$7,560/sqft
        Source: CRMLS #NP26045210 Report a problem
        3/3/2026Listed for sale$7,500,000$7,560/sqft
        Source: CRMLS #NP26045210 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,590 +1.8%$303,939 +2%
        2024$3,528 +2.5%$297,980 +2%
        2023$3,443 +1.8%$292,138 +2%
        2022$3,381 +1.9%$286,410 +2%
        2021$3,319 +1%$280,795 +1%
        2020$3,286 $277,916 +2%
        2019$3,286 +1.9%$272,467 +2%
        2018$3,225 +3.7%$267,125 +2%
        2017$3,108 $261,888 +2%
        2016$3,108 +2.2%$256,753 +1.5%
        2015$3,042 +3.4%$252,897 +2%
        2014$2,941 $247,944 +0.5%
        2013-- $246,824 +2%
        2012-- $241,985 +2%
        2011-- $237,241 +0.8%
        2010-- $235,468 -0.2%
        2009-- $236,028 +2%
        2008-- $231,400 +2%
        2007-- $226,863 +2%
        2006-- $222,415 +2%
        2005-- $218,054 +2%
        2004-- $213,779 +1.9%
        2003-- $209,861 +2%
        2002-- $205,747 +2%
        2001$2,140 +2.6%$201,713 +2%
        2000$2,087 $197,758
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92662

        Getting around

        77 / 100
        Very Walkable
        35 / 100
        Some Transit
        71 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Corona Del Mar
        • High: Corona Del Mar

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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