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300 S Bay Front, Newport Beach, CA, 92662

3beds
5baths
2,429sqft
$8,750,000
$3,602price/sqft
$49,997/moest. monthly cost
$1,999,880/yrincome needed

About This Home

Experience the rare privilege of waterfront living on world-famous Newport Harbor, home to more than 10,000 yachts and recreational vessels, spectacular sunsets, and year-round coastal weather. Ideally positioned on the coveted west end of South Bayfront on Balboa Island, 300 South Bayfront offers an extraordinary lifestyle with panoramic harbor views and an unmatched connection to the bay. This prime corner residence invites you to step outside and instantly enjoy the sun, ocean breeze, serenity, and vibrant waterfront atmosphere. Built in 1991, the approximately 2,429-square-foot home features three bedrooms, five baths (including two powder rooms), and thoughtfully designed living spaces with separate family rooms on both the upper and lower levels. A two-car garage with an electric vehicle charging station adds modern convenience. From your living and family rooms, enjoy front-row views of regattas, holiday boat parades, nature's sea-life and the ever-changing beauty of harbor life. The completed underground utility project enhances the setting, preserving uninterrupted sightlines free from utility poles and wires. Designed with distinctive Southwestern-inspired architecture, this exceptional bayfront property is a rare opportunity to own a truly iconic Balboa Island home.

Getting Around

76
WalkingVery Walkable
29
TransitSome Transit
71
BikeVery Bikeable

Schools

8/10

Construction

Condition

  • Year built: 1991

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,In Garage

Bathroom

  • Features: Bathroom Exhaust Fan,Dual Sinks,Full Bath on Main Level,Tile Counters,Tub Shower

Bedroom

  • Features: Multi-Level Bedroom

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Family Room

  • Features: Separate Family Room

Features

  • Balcony,Tile Counters,Unfurnished,Bedroom on Main Level,Galley Kitchen,Primary Suite,Walk-In Closet(s)
  • Flooring: Concrete,Stone
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,429 sqft

Kitchen

  • Features: Tile Counters

Kitchen

  • Features: Galley Kitchen

Master Bedroom

  • Features: Primary Suite

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 05004211
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Street side
  • Pool features: None
  • Patio & porch: Deck,Front Porch,Patio
  • Exterior features: Lighting
  • Spa features: None
  • 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,Beach Front,Bayfront,Navigable Water,Seawall

Lot

  • Lot size: 2,640 sqft
  • Features: Drip Irrigation/Bubblers,Sprinkler System

Parking

  • Total spaces: 2
  • Parking features: Door-Multi,Garage,Garage Door Opener
  • 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
    Coastal FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $44,244$530,928
Home Insurance *$567$6,804
Property Taxes $4,666$55,992
Electricity $520$6,250
Total$49,997$599,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,714,182/yr
40% on housing$1,499,910/yr
45% on housing$1,333,253/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,602This listing

vs Other Active Listings

Avg $/sqft

ZIP 92662$2,802
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92662$2,218
Orange County$707

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

DateEventPrice
2026-05-14Listed for sale$8,750,000
2025-09-26Listing removed$17,000,000
2025-06-23Listed for sale$18,000,000
2024-04-10Listing removed--
2024-03-29Listed for rent$12,500
2024-03-23Listing removed--
2024-03-16Price change$12,500
2024-01-30Listed for rent$15,000

For Sale by Agent

AgentMarlys Vasterling
BrokerageLora Vance, Realtor

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