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1011 N Bay Front, Newport Beach, CA, 92662

5beds
6baths
2,909sqft
$9,499,000
$3,265price/sqft
$54,336/moest. monthly cost
$2,173,440/yrincome needed

About This Home

Located on the prestigious bayfront of Balboa Island, 1011 N Bayfront presents a rare opportunity to own a premier waterfront property with direct beach access and panoramic harbor views. Positioned on a coveted corner lot, this exceptional residence captures abundant natural light and delivers unobstructed water views from both the front and rear units. Currently configured as a duplex with two active short-term rental permits, the property offers immediate income potential while maintaining the flexibility to be seamlessly converted into a spacious 5-bedroom single-family home with a 4 car garage. The bayfront patio opens directly onto the sand, creating an ideal setting for entertaining, relaxing, and enjoying the quintessential coastal lifestyle. Inside, the lower level features newly refinished hardwood flooring, leading into a well-appointed kitchen with expansive wraparound granite countertops and sleek lacquer cabinetry. Upstairs, the living space transitions to durable vinyl plank flooring and includes three generously sized bedrooms, each with en suite bathrooms. The primary suite is positioned directly over the water, offering breathtaking, uninterrupted harbor views. The rear unit showcases dramatic vaulted ceilings and oversized windows, creating a bright, open atmosphere that fully embraces the waterfront setting. Loft-style bedrooms enhance the sense of volume and architectural character.

Getting Around

73
WalkingVery Walkable
34
TransitSome Transit
70
BikeVery Bikeable

Schools

8/10

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1972

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: In Garage

Bathroom

  • Features: Granite Counters

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 3
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Cooling

  • Cooling features: Central Air,Zoned

Features

  • Multiple Staircases,All Bedrooms Up,Loft,Primary Suite
  • Flooring: Vinyl,Wood
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 2,909 sqft

Kitchen

  • Features: Granite Counters,Remodeled,Updated Kitchen

Master Bedroom

  • Features: Primary Suite

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 05013101
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Patio
  • Exterior features: Awning(s)
  • Spa features: None
  • Fencing: Block
  • Has view: Yes
  • View description: Bay
  • Has water view: Yes
  • Water view: Bay

Lot

  • Lot size: 2,614 sqft
  • Features: 0-1 Unit/Acre,Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Rear,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4