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1407 North Bay Front, Newport Beach, CA 92662

$9.49M4bd · 4ba · 2,003 sqft
Lot 3,920 sqft•Duplex•
Active
•162d on market•MLS# NP-26070161

Property Description

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.

Features & Amenities

FeeBuilt 1951

Property Details

Land Type
Fee
Year Built
1951
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
2
Garage Spaces
2
Cooling
None
View
Bay, Harbor, Panoramic, Water
Flooring
Vinyl, Tile, Wood
City
Newport Beach
Zip Code
92662
County
Orange
Listed byColdwell Banker Realty, Tim Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$48,011.89
Principal & Interest
Loan Amount
$7,596,000
Total Interest
$9,688,279
Total Payment Over 30 Years
$17,284,279
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1407 North Bay Front, Newport Beach, CA 92662

Newport Beach · Duplex

$9.49M
Luxury Tier
Beds
4
Baths
4
Sqft
2,003
Lot
3,920 sqft
Year
1951
$/Sqft
$4740
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 153.2% above the median closed sale of $3,750,000. Price per sqft ($4,740) is a 126% premium to closed comps ($2,095). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $9.49M· $4,740/sqft
Total list price
Closed comps
vs closed median $3.75M
+$5.75M (+153.2%)
Active comps
vs active median $4.20M
+$5.30M (+126.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,266
+$2K (+109.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1527 BalboaNewport Beach1946532,0002,561$1,998$4.00M5886
916 OceanfrontNewport Beach1972542,5012,614$2,797$7.00M54777
1311 Bay AvenueNewport Beach1947542,3352,614$2,139$5.00M15167
126 45th StreetNewport Beach1965542,3202,614$1,808$4.20M1067
122 CrystalNewport Beach1947431,4972,614$2,589$3.88M365
Total: 5 · Average4.83.62,130.62,603.4$2,266.2$4.81M153.8
Median2,320$4.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
106 31st StreetNewport Beach193207/10/2026531,5342,178$4.00M$4.17M$2,7221.0412475
210 OpalNewport Beach193509/25/2026532,0242,614$3.75M$3.75M$1,8531.003169
118 EmeraldNewport Beach194008/20/2026531,8932,614$3.50M$3.35M$1,7700.9611868
1403 N BayfrontNewport Beach193908/03/2026532,1052,550$5.70M$5.60M$2,6600.984067
203 Cedar StreetNewport Beach197506/18/2026431,8042,614$2.80M$2.65M$1,4690.958567
Total: 5 · Average4.83.01,8722,514$3.90M$3.90M$2,094.8—79.6
Median1,893$3.75M$3.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.