• 5 Beds
  • 5 Baths
  • 4,741 sq ft
  • $22,995,000
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The last great bay front compound in Peninsula Point is now for sale for the first time in over 50 years. Six contiguous lots comprise this once-in-a-lifetime opportunity now on offer. The total combined lot area is approximately 17,000 square feet, or .4 acres. Situated on a desirable corner with 180-degree harbor views, the bay front property features an expansive 60’ of frontage on the harbor. The verdant seaside garden and large private beach are built out to the grandfathered bulkhead. Adjacent to the bay front home are 1416 & 1418 East Balboa Blvd., included in this offering, that feature harbor and ocean views. The bay front residence was originally designed in a refined Cape Cod style. It opens to a large brick terrace and shade trees overlooking its lawn, sandy beach, and the harbor. This understated and graceful home retains much of its period charm. Alternatively, all of the properties can be maximized to create a new home and outbuildings in excess of 15,000 SF + 4,000 SF of basements. The private dock can be reconfigured to hold 3 boats up to 65’,53’, & 50’. The adjacent lots are improved with a multi-car garage building (1418) and a 1920’s cottage (1416). The redevelopment opportunities are extraordinary. Peninsula Point is the best kept secret on Newport Harbor. Adjacent to the harbor entrance and the Wedge, residents of this revered seaside neighborhood enjoy an idyllic lifestyle of sailing and days on the beach – set away from the bustle of Newport Beach.
MLS #NP19002950Days on Market15
Last Updated1/16/2019Year Built1912
TractBalboa Peninsula Point (BLPP)CommunityBalboa Peninsula
Garage Spaces7CountyOrange
Total Parking14StatusActive
Property Type(s)Residential, Single Family Residence

Additional Features & Details

Assessments
  • None
Attached Garage YN
  • 0
City
  • Newport Beach
Common Walls
  • No Common Walls
Community Features
  • Storm Drains
  • Street Lighting
  • Suburban
Cooling
  • None
Country
  • US
County Or Parish
  • Orange
Eating Area
  • Area
Elevation Units
  • Feet
Exterior Features
  • Boat Slip
Fireplace Features
  • Family Room
  • Gas
  • Gas Starter
  • Living Room
  • Wood
Heating
  • Electric
High School District
  • Newport Mesa Unified
Laundry Features
  • Area
Levels
  • Two
List Agent AOR
  • Newport
Living Area Units
  • Square Feet
Lot Features
  • Corner Lot
  • Lawn
  • Lot 10000-19999 Sqft
  • Yard
Lot Size Source
  • Other
Lot Size Units
  • Square Feet
Major Change Type
  • New Listing
MLSArea Major
  • NP - Balboa Peninsula
Parcel Number
  • 04818132
Parking Features
  • Garage
  • Garage - Front Entry
  • Garage - Rear Entry
  • Garage - Side Entry
  • Garage - Three Door
  • Garage - Two Door
Pool Features
  • None
Property Sub Type
  • Single Family Residence
Property Type
  • Residential
Room Type
  • Entry
  • Family Room
  • Kitchen
  • Laundry
  • Living Room
  • Main Floor Bedroom
  • Master Bathroom
  • Master Bedroom
  • Master Suite
Sewer
  • Public Sewer
Special Listing Conditions
  • Standard
Standard Status
  • Active
State Or Province
  • CA
Street Suffix
  • Avenue
Tax Tract Number
  • 105
View
  • Bay
  • City Lights
  • Coastline
  • Harbor
  • Ocean
  • Water
Waterfront Features
  • Bay Front
  • Includes Dock
  • Ocean Access
  • Seawall
Water Source
  • Public

Zestimate Details for: 1417 E Bay Avenue, Newport Beach, CA

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Listing provided by : Robert Giem License # 01082750, Compass

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Based on information from California Regional Multiple Listing Service, Inc. as of 1/19/19 4:11 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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