$16,250,000 - 1240 Bay Avenue, Newport Beach

  • 3Beds
  • 4Baths
  • 3,196SQ. Feet
  • 0.12Acres

Newport Beach Home Sale

Nestled on an oversized, 48’ wide corner lot along the prestigious Balboa Peninsula, this exceptional bayfront home offers unparalleled waterfront living with breathtaking views of Newport Harbor. This highly desirable residence features a private dock and a stunning pier with a rare covered gazebo, perfect for Al fresco dining. The thoughtfully designed 3-bedroom, 4-bathroom home is bathed in natural light from skylights throughout, enhancing its airy and inviting ambiance. The luxurious master suite boasts panoramic harbor views, a private deck, a cozy seating area, and a spa-like en suite bathroom. Two additional bedrooms each have access to the back deck with a charming peek-a-boo ocean view. The beautifully appointed kitchen overlooks the bay and living room - which features a fireplace, as well as sliding doors opening out to the expansive front patio, ideal for seamless indoor-outdoor living. Completing this remarkable home is a den with a wet bar, small basement, and a spacious 3-car attached garage. Just steps to the sand and all of the activities, fine dining, and attractions Newport Beach has to offer - this is the perfect blend of elegance, comfort, and prime waterfront living.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces3
  • ParkingDoor-Multi, Garage, Direct Access, Garage Faces Rear
  • # of Garages3
  • GaragesDoor-Multi, Garage, Direct Access, Garage Faces Rear
  • ViewCity Lights, Bay, Pier
  • WaterfrontBay Front, Dock Access
  • PoolNone

School Information

  • DistrictNewport Mesa Unified
  • HighNewport Harbor

Essential Information

  • MLS® #NP25060307
  • Price$16,250,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths2
  • Square Footage3,196
  • Acres0.12
  • Year Built1994
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusClosed
  • Listing AgentKimberly Bibb
  • Listing OfficePacific Sotheby's Int'l Realty

Exterior

  • Exterior FeaturesDock
  • Lot DescriptionZeroToOneUnitAcre, Corner Lot, Landscaped
  • WindowsBay Window(s)
  • RoofTile, Clay

Additional Information

  • Date ListedMarch 25th, 2025
  • Days on Market1
  • Short SaleN
  • RE / Bank OwnedN

Community Information

  • Address1240 Bay Avenue
  • AreaNP - Balboa Peninsula
  • SubdivisionBalboa Peninsula (Residential) (BALP)
  • CityNewport Beach
  • CountyOrange
  • Zip Code92661

Interior

  • InteriorCarpet, Tile
  • Interior FeaturesWet Bar, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Open Floorplan, All Bedrooms Up, Walk-In Closet(s), Atrium, Bar
  • AppliancesBuilt-In Range, Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Freezer
  • HeatingFireplace(s)
  • CoolingNone
  • FireplaceYes
  • FireplacesGas, Living Room
  • # of Stories2
  • StoriesTwo

Price Change History for 1240 Bay Avenue, Newport Beach, (MLS® #NP25060307)

Date Details Price Change
Closed
Pending (from Active)

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Based on information from California Regional Multiple Listing Service, Inc. as of December 8th, 2025 at 2:56am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.