Listed By:
Tim Smith with Coldwell Banker Realty; 949.478.2295
Address
1220 W Bay Avenue, Newport Beach, CA
Price
$ 57,500,000
Property Attributes
  • MLS#NP26093046
  • TypeSingle Family
  • Listing Status Active
  • CountyOrange
  • CityNewport Beach
  • Area Balboa Peninsula
  • NeighborhoodBalboa Peninsula (Residential) (BALP)
  • Zip92661
  • Style
  • Year Built2023
  • Price$ 57,500,000
  • Bedrooms6
  • Full Bathrooms7
  • Half Bathrooms1
  • Sqr Footage12749
  • Lot Size0.1637 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

With its stunning waterfront views, impressive proportions, and curated selection of custom amenities, this newer (2023) contemporary showplace is among the finest residences in Newport Beach. Located on the Balboa Peninsula, the estate boasts nearly 100' of frontage along the Newport Channel, welcoming views of the water, passing yachts and sailboats, evening lights, Saddleback Mountain, Lido Isle and the towers of Newport Center and Fashion Island. Equally breathtaking, the home reflects the talents of architect Paul McClean, Gallo Builders and Lynda Murray Interior Design in an architecturally unparalleled collage of glass, marble, metal and wood. Italian veined white marble cladding and custom rain glass hint at the beauty that awaits beyond the entrance gate, where a garden complements a glass bridge that leads the way to a pivoting glass front door. Channel views are enjoyed from the moment the gate opens and continue throughout the three-level design, where six en suite bedrooms and seven-and-one-half-baths offer comfort for all in appx. 12,749 SF. Walls of glass and Sky-Frame slide-away glass doors pocket doors up to nearly 50' long create a seamless transition to outdoor areas including a lower-level pool, and a main-level bayfront terrace with kitchen and private dock for multiple vessels. Panoramic views overlook the ocean, harbor, mountains and coast from a massive rooftop patio that extends about 3,200 SF and hosts a second pool, and outdoor kitchen with grill, pizza oven and an island with seating for 10. A custom elevator joins a phenomenal spiral staircase with mirror-polished rails in offering access to all three levels of the residence. Discover a great room with see-through fireplace shared with the covered patio, a walk-in 750-bottle wine room, 192-bottle temperature-controlled wine wall, and a dining room that flows to top-tier front-and-back kitchens with Poliform Italian cabinetry and Miele, Sub-Zero and Liebherr appliances. The lower level reveals a lounge with bar, state-of-the-art theater with starry-night ceiling and concession stand, VR racing room, and fitness center with Rogue equipment and Pavi Gym rubber flooring from Spain. Your private wellness center presents a massage/meditation room, light-therapy room, steam shower and sauna. Unobstructed views enhance the top-floor’s primary suite and bath, featuring a large balcony and heated floors. Smart home tech and a four-car garage with single hydraulic door lend added cachet.

Price History
6/9/2026 Listed $57,500,000

General Features

Living Area 12749
Sewer PublicSewer
Heating Ductless,Zoned
Cooling Ductless,Zoned
Appliances Freezer,GasCooktop,GasOven,Refrigerator,RangeHood
Garage Spaces 4
Patio/Porch Features Covered,Deck,Open,Patio,Rooftop
Architectural Style Custom
Pool Features InGround,Private,RoofTop
Security Features SmokeDetectors
Construction Materials Stone
Year Built 2023
Electric Standard
View Bay,Harbor,Mountains,Ocean,Panoramic,Water
Levels ThreeOrMore
Property Subtype SingleFamilyResidence
Waterfront Features Bayfront,DockAccess,NavigableWater,OceanSideOfFreeway,OceanSideOfHighway
Community Features Curbs
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Balboa Peninsula (Residential) (BALP)
Garage Y/N true
Full Baths 7
Special Listing Conditions Standard
Status Active
Directions Newport Blvd to Balboa Blvd. Turn onto 13th Street, then proceed to West Bay Ave
City Newport Beach
Entry Location 1
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 1
MLS Area NP - Balboa Peninsula
Lot Size Units SquareFeet
Lot Size Square Feet 7132
Listing Terms CashToNewLoan
Spa Features Private
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units SquareFeet
Builder Name Gallo Builders
Standard Status Active
Occupancy Type Owner
Year Built Source Builder
Tax Lot 7
Virtual Tour https://youtu.be/lgipGHQ1AjI?si=H5x0a2AFGFBb6sYn
Property Sub Type Additional SingleFamilyResidence
PostalCity NEWPORT BEACH

Interior Features

Interior Amenities WetBar,BuiltInFeatures,Balcony,SeparateFormalDiningRoom,EatInKitchen,Elevator,HighCeilings,LivingRoomDeckAttached,OpenFloorplan,Pantry,StoneCounters,RecessedLighting,WiredForSound,PrimarySuite,WalkInPantry,WineCellar,WalkInClosets
Flooring Tile,Wood
Fireplace Features LivingRoom,PrimaryBedroom,Outside,SeeThrough,RecreationRoom
Total Stories 3
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Window Features CustomCoverings
Fireplace Y/N true
Half Baths 1
Laundry Features Inside,LaundryRoom
Total Bedrooms 6
Entry Level 1
Main Level Bathrooms 1
Total Baths 8

Exterior Features

Exterior Amenities Barbecue,Dock,Lighting,FirePit
Parking Features DirectAccess,DoorSingle,GarageFacesFront,Garage
Lot Features Landscaped
Water Source Public
Total Parking 4
Lot Size Area 7132
Spa true
Lot Size Acres 0.1637
Road Surface Type Paved
Private Pool true
Lot Size Source Assessor
Door Features SlidingDoors
Road Frontage Type CityStreet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92661

Price
AVG $11.08M
$57.5M
Year Built
AVG 1983
2023

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