
21 Bay Is, Newport Beach, CA, 92661
About This Home
Set within Newport Beach’s most exclusive waterfront enclave, 21 Bay Island offers a rare combination of architectural distinction, direct harbor and yachting access, privacy, and effortless coastal living. Bay Island is a gated, pedestrian-only sanctuary of just 23 waterfront homes, reached by foot or golfcart over a charming private bridge, where lush picking gardens, mature trees, a private sandy beach, and sweeping harbor views create an atmosphere unlike anywhere else in Newport Beach - moments from the Balboa Peninsula and steps from the Pacific Ocean. Designed by acclaimed architect Kurt Donat and built by Neil Longman Construction, this Hamptons-inspired residence blends timeless nautical character with the scale and comfort expected of an ultra-luxury waterfront home. Polished hardwood floors, crisp white millwork, refined coastal finishes, expansive entertaining spaces, and walls of windows evoke the elegance of a classic yacht while framing captivating views of Newport Harbor. Generous living areas open naturally to terraces, gardens, and the water, creating a seamless setting for intimate gatherings, grand entertaining, or quiet evenings watching sunsets and boats cross the harbor. Serviced by a private elevator, this home features multiple fireplaces, a waterfront spa terrace, a dedicated office providing a quiet setting for work or study, and a light-filled upper-level loft with four built-in beds that make for a charming and flexible additional sleeping space, ideal as a bunk room, guest retreat, or additional bedroom. For the boating enthusiast, the property delivers the ultimate Newport Beach lifestyle with a private dock, and immediate access to the harbor’s main channels. Begin the day on the water, cruise the coast, and return home for a sunset overlooking the bay. Bay Island’s private beach, beautifully maintained gardens, waterfront pathways, and intimate residential character make it more than a neighborhood—it is a world apart. Few properties offer this combination of prestige, tranquility, walkability, boating access, ocean proximity, and architectural pedigree. Bay Island represents the pinnacle of Newport Beach living: private yet connected, refined yet relaxed, and surrounded by the beauty of the water.
Getting Around
Schools
Construction
Condition
- Property condition: Turnkey
- Year built: 2000
Materials
- Foundation: Slab
- Roof: Slate
- Construction materials: Brick,Wood Siding
Type & Style
- Home type: Cooperative
- Architectural style: Cape Cod,Custom
- Property subType: Stock Cooperative
Interior
Appliances
- Appliances included: Built-In Range,Dishwasher,Electric Oven,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater
- Laundry features: Laundry Room,Upper Level
Bathroom
- Features: Jack and Jill Bath
Bathroom
- Features: Bathtub,Vanity
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Features
- Balcony,Breakfast Area,Coffered Ceiling(s),Separate/Formal Dining Room,Elevator,Living Room Deck Attached,Paneling/Wainscoting,Stone Counters,Wired for Sound,Entrance Foyer,Jack and Jill Bath,Walk-In Pantry,Walk-In Closet(s)
- Door features: French Doors
- Fireplace features: Gas
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total interior livable area: 4,395 sqft
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 04804002
- Zoning: R-1
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
- Patio & porch: Concrete,Patio
- Exterior features: Boat Slip,Dock,Rain Gutters
- Has spa: Yes
- Spa features: Private
- Fencing: Glass
- Has view: Yes
- View description: Bay,City Lights,Harbor,Water
- Has water view: Yes
- Water view: Bay,Harbor,Water
- On waterfront: Yes
- Waterfront features: Beach Access,Bayfront,Dock Access,Navigable Water
Lot
- Lot size: 4,395 sqft
- Features: Garden
Parking
- Total spaces: 2
- Parking features: Garage,Off Site,Private,Community Structure
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $84,697 | $1,016,364 |
| Home Insurance * | $1,113 | $13,356 |
| Property Taxes | $8,933 | $107,196 |
| Electricity | $942 | $11,309 |
| Total | $95,685 | $1,148,220 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2020-10-28 | Listing removed | $10,790,000 |
| 2020-04-27 | Listed for sale | $10,790,000 |
| 2016-05-02 | Sold | $6,075,775 |
| 2016-04-22 | Pending sale | $8,250,000 |
| 2016-04-09 | Listed for sale | $8,250,000 |
| 2014-05-06 | Listing removed | $6,288,000 |
| 2013-07-09 | Price change | $6,288,000 |
| 2012-10-03 | Listed for sale | $6,750,000 |
