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1407 N Bay Front, Newport Beach, CA, 92662

4beds
4baths
2,003sqft
$9,495,000
$4,740price/sqft
$54,119/moest. monthly cost
$2,164,760/yrincome needed

About This Home

Life on Newport Harbor begins here, where timeless coastal charm meets coveted bay front living. Set on a rare oversized bayfront lot—approximately one and a half standard lots—on Balboa Island, this property offers 45 feet of frontage, a private pier and dock with room for multiple boats with easy nautical access to the harbor entrance, and ultraconvenient on-and-off-island access. It is an exceptional opportunity to own one of the island’s prized waterfront settings. Inside, four bedrooms and four baths (two full and two three-quarters) are complemented by sandy shoreline access and sweeping harbor views in one of Newport Beach’s most iconic locations. Throughout the home, bright interiors blend warmth and character with hardwood flooring, new vinyl plank flooring in the kitchen and downstairs baths, and newly painted interiors and exteriors. Expansive windows and inviting living spaces are designed to capture water views from nearly every angle. Centering the main living room, a striking brick fireplace wall creates a welcoming focal point, while multiple gathering areas flow seamlessly to outdoor patios and charming entertaining courtyards. The updated main kitchen showcases crisp white cabinetry and new quartz countertops. Spanning just over 2,000 square feet, the thoughtfully arranged floorplan features two distinct wings, creating privacy and versatility. Upstairs is a living area, bedroom, full bath and kitchenette that was used as a spacious master suite and office. Upstairs features an elevated terrace which adds another open-air escape for lounging above it all. With a primary bedroom also downstairs, the upstairs alternatively it could be ideal for large families, multigenerational living, visitors or extended stays. Located within the secondary wing is a separate one bedroom, three-quarter bath guest quarters with private patio-only access. Along the water, a private pier and dock with room for multiple boats provides access for boating, paddleboarding, kayaking, and effortless harbor enjoyment. Completing the residence is an oversized attached two-car garage. Just moments away, Balboa Island’s Marine Avenue boutiques and dining, waterfront restaurants, yacht clubs, Peninsula beaches, and world-class. Newport Harbor recreation await. Exceptional opportunity to own an authentic North Bayfront home surrounded by some of coastal Orange County’s most sought-after real estate.

Getting Around

78
WalkingVery Walkable
36
TransitSome Transit
72
BikeVery Bikeable

Schools

8/10

Construction

Condition

  • Year built: 1951

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dishwasher,Freezer,Gas Cooktop,Gas Oven,Refrigerator
  • Laundry features: In Garage

Bathroom

  • Features: Separate Shower,Tub Shower,Walk-In Shower

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Cooling

  • Cooling features: None

Features

  • Built-in Features,Living Room Deck Attached,Quartz Counters,Bedroom on Main Level
  • Door features: Sliding Doors
  • Flooring: Tile,Vinyl,Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 2,003 sqft

Kitchen

  • Features: Quartz Counters

Property

Details

  • Parcel number: 05015102
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Open,Patio
  • Exterior features: Dock,Lighting
  • Spa features: None
  • Has view: Yes
  • View description: Bay,Harbor,Panoramic,Water
  • Has water view: Yes
  • Water view: Bay,Harbor,Water
  • On waterfront: Yes
  • Waterfront features: Bayfront,Dock Access,Ocean Side Of Freeway,Ocean Side Of Highway

Lot

  • Lot size: 3,920 sqft
  • Features: 0-1 Unit/Acre,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Direct Access,Garage,Garage Faces Rear
  • 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 $48,011$576,132
Home Insurance *$615$7,380
Property Taxes $5,064$60,768
Electricity $429$5,154
Total$54,119$649,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,855,508/yr
40% on housing$1,623,570/yr
45% on housing$1,443,173/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

$4,740This listing

vs Other Active Listings

Avg $/sqft

ZIP 92662$2,731
Orange County$767

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)

No zestimate history available

Price History

DateEventPrice
2026-05-03Listed for sale$9,495,000

For Sale by Agent

AgentTim Smith, Coldwell Banker Realty, Listing Team: Tim Smith Real Estate ...
BrokerageColdwell Banker Realty

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