FOR SALE
$ 22,995,000 Est. Payment

1417 E Bay Avenue

Newport Beach, CA 92661
Single Family
Residence
5
Beds
5
Baths
4,741
Sq. Ft.
0.3903
Acre Lot
Courtesy: Robert Giem - Compass
The last great bay front compound in Peninsula Point is now for sale for the first time in over 50 years. Six contiguous lots comprise this once-in-a-lifetime opportunity now on offer. The total combined lot area is approximately 17,000 square feet, or .4 acres. Situated on a desirable corner with 180-degree harbor views, the bay front property features an expansive 60’ of frontage on the harbor. The verdant seaside garden and large private beach are built out to the grandfathered bulkhead. Adjacent to the bay front home are 1416 & 1418 East Balboa Blvd., included in this offering, that feature harbor and ocean views. The bay front residence was originally designed in a refined Cape Cod style. It opens to a large brick terrace and shade trees overlooking its lawn, sandy beach, and the harbor. This understated and graceful home retains much of its period charm. Alternatively, all of the properties can be maximized to create a new home and outbuildings in excess of 15,000 SF + 4,000 SF of basements. The private dock can be reconfigured to hold 3 boats up to 65’,53’, & 50’. The adjacent lots are improved with a multi-car garage building (1418) and a 1920’s cottage (1416). The redevelopment opportunities are extraordinary. Peninsula Point is the best kept secret on Newport Harbor. Adjacent to the harbor entrance and the Wedge, residents of this revered seaside neighborhood enjoy an idyllic lifestyle of sailing and days on the beach – set away from the bustle of Newport Beach.
NP19002950
Single Family, 2 Story
5
Orange
5 Full
1912
0.3903 Acres
2
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
3,152
87,127
3,169,776
321,418,820
4,842
3,642
3,904
89
2
2.2
3
2.6
50.6
44.7
36.7
37.4
$93,099
$107,991
$75,998
$53,482
$88,229
$78,012
$34,416
$28,555
 
Economy
Zip
City
County
National
3.60 %
3.60 %
4.40 %
5.20 %
2.30 %
2.30 %
2.30 %
1.60 %
40.90 %
40.90 %
40.10 %
38.00 %
8.00 %
8.00 %
8.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
567
355
187
100
 
Environment
Zip
City
County
National
3
53
685
1443
13.3
13.5
13.7
39.2
0
0
0
25.8
49.8
49.8
45.7
22.6
70.9
70.9
82.7
86.1
35
35
33
102
278
277
278
205
91
87
85
54
Source: Sperling's Best Places
Courtesy: Robert Giem - Compass
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 1/18/2019 8:27 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.