




1011 N Bay Front, Newport Beach, CA, 92662
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
Schools
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
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
- Heat Wave
- Inland Flooding
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 | $45,503 | $546,036 |
| Home Insurance * | $583 | $6,996 |
| Property Taxes | $4,799 | $57,588 |
| Electricity | $623 | $7,485 |
| Total | $51,508 | $618,096 |
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 |
|---|---|---|
| 2026-04-22 | Listed for sale | $9,499,000 |
| 2026-04-20 | Listing removed | $35,828 |
| 2026-04-18 | Listed for rent | $35,828 |
