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Off market
  • Tax assessed value
    $7,738,167

    1220 W Bay Ave, Newport Beach, CA 92661

    6beds
    12,749sqft
    Single Family Residence
    Built in 2023
    6,969 Square Feet Lot
    $-- Zestimate®
    $607/sqft
    $68,999 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $68,999/mo

    Zestimate® history
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    $48,396/mo

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    What's special

    Experience the epitome of opulence in this newly constructed waterfront luxury estate, where sweeping Bay views take center stage. Meticulously crafted by renowned architect Paul McClean and masterfully brought to life by Gallo Builders, this extraordinary residence seamlessly blends modern sophistication with unparalleled craftsmanship. The exterior showcases Italian Lasa slab cladding, custom architectural rain glass, and a secure Mag lock front gate, setting the tone for the grandeur within. Upon entry, soaring ceilings and abundant natural light greet you, revealing a meticulously designed home spanning over 12,700 square feet of sheer excellence. Boasting 6 bedrooms, 8 bathrooms, and a show-stopping 3,700-square-foot rooftop deck, the residence is a testament to luxury living. Designed by the esteemed Lynda Murray, every detail exudes premium quality, from the SkyFrame doors from Switzerland to the Lutron Homewerks lighting control system, Savant home control, and seamlessly integrated Tru-Fig plugs and keypads. Culinary excellence is achieved in both front and back kitchens, featuring Antolini porcelain countertops, Poliform Italian cabinets, and top-tier Miele, Sub-Zero, and Liebherr appliances, complemented by Dornbracht plumbing fixtures. Ascend the staircase, adorned with mirrored polish stainless steel stringers and porcelain treads, guided by mirrored polish stainless steel handrails, illuminated by a bespoke multi-pendant chandelier crafted by Alison Berger. A custom 3-stop elevator ensures effortless access to different levels of this luxurious abode. The Primary Bedroom and Spa-like Bathroom offer breathtaking views, automated features, radiant heated floors, and premium finishes, creating a sanctuary of comfort and opulence. Each bedroom and bathroom is thoughtfully designed with privacy and luxury in mind. The estate boasts affluent amenities, including a Home Theater, VR Racing Room, a gym with Pavi Gym rubber floors from Spain, Rogue fitness equipment, and a massage room with towel warming drawers. This haven features a large pool/spa, an entertainment lounge/bar, a temperature-controlled 192-bottle Wine Wall, and a 750-bottle Wine Room. The rooftop deck is equipped with a retractable CSEED 144" TV, Kalamazoo BBQ kitchen, and full audio setup. A unique custom 4-car garage with a single hydraulic door and glass cladding, creates a one-of-a-kind grand entrance to this estate. Enjoy seamless indoor-outdoor living with 6-panel fully automated doors leading to the backyard, featuring Kalamazoo BBQ equipment, integrated TV lift, full landscape audio, a large fire pit ideal for gatherings, and a 26-foot Kalamazoo BBQ kitchen and serving island. This residence stands as a testament to the pinnacle of luxury living, seamlessly fusing technology, design, and comfort for an unparalleled living experience.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Douglas Elliman,MLS#: 24-443901MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Interior area
    • Total structure area: 12,749
    • Total interior livable area: 12,749 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Stories: 3
    • Patio & porch: Patio
    • Has private pool: Yes
    • Has view: Yes
    • View description: City, Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Waterfront
    • Frontage type: Waterfront
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 04723205

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Community & HOA

    Community
    • Subdivision: Balboa Peninsula
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $607/sqft
    • Tax assessed value: $7,738,167
    • Date on market: 9/23/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/24/2025Listing removed$58,000,000$4,549/sqft
    Source: CLAW #24-443901 Report a problem
    9/23/2024Listed for sale$58,000,000-14.7%$4,549/sqft
    Source: CLAW #24-443901 Report a problem
    7/17/2024Listing removed$68,000,000$5,334/sqft
    Source: Douglas Elliman #24-346275 Report a problem
    1/16/2024Listed for sale$68,000,000+564.1%$5,334/sqft
    Source: CLAW #24-346275 Report a problem
    9/28/2012Sold$10,240,000-11%$803/sqft
    Source: Agent Provided Report a problem
    7/11/2012Price change$11,500,000-10.9%$902/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach Newport Center #L37168 Report a problem
    4/1/2012Price change$12,900,000-13.4%$1,012/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach Newport Center #L37168 Report a problem
    10/17/2011Price change$14,900,000-12.1%$1,169/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach Newport Center #L37168 Report a problem
    10/9/2011Listed for rent$20,000$2/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach Newport Center #U11004293 Report a problem
    9/29/2011Price change$16,950,000-10.8%$1,330/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach Newport Center #L37168 Report a problem
    8/12/2011Price change$19,000,000+94900%$1,490/sqft
    Source: HOM Real Estate Group #S659480 Report a problem
    8/4/2011Listed for sale$20,000$2/sqft
    Source: HOM Real Estate Group #S655351 Report a problem
    8/4/2011Listing removed$20,000-99.9%$2/sqft
    Source: HOM Real Estate Group #S655351 Report a problem
    7/23/2011Price change$19,000,000+94900%$1,490/sqft
    Source: HOM Real Estate Group #S655351 Report a problem
    7/14/2011Price change$20,000-99.9%$2/sqft
    Source: HOM Real Estate Group #S655351 Report a problem
    6/17/2011Price change$19,000,000+94900%$1,490/sqft
    Source: HOM Real Estate Group #S655351 Report a problem
    4/18/2011Listed for rent$20,000$2/sqft
    Source: HOM Real Estate Group #S655351 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2018-- $7,738,167 +2%
    2017$80,224 $7,586,439 +2%
    2016$80,224 +2.3%$7,437,686 +1.5%
    2015$78,410 +3.4%$7,325,966 +2%
    2014$75,846 $7,182,461 +0.5%
    2013-- $7,150,000 -26.8%
    2012-- $9,762,964 +2%
    2011-- $9,571,534 +0.8%
    2010-- $9,500,000 -7.3%
    2009-- $10,250,000 +7.9%
    2008-- $9,500,000 +1634.3%
    2007-- $547,763 +2%
    2006-- $537,023 +2%
    2005-- $526,494 +2%
    2004-- $516,171 +1.9%
    2003-- $506,711 +2%
    2002-- $496,776 +2%
    2001$5,035 +2.6%$487,036 +2%
    2000$4,908 $477,487
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating