407 N Bay Front, Newport Beach, CA 92662
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407 N Bay Front Newport Beach, CA 92662

$10,800,000 Sold Price as of 10/07/2022
  • 3 Beds
  • 3 Baths
  • 2,505 Sq.Ft.
Sold
$10,800,000 Sold Price as of 10/07/2022 Refinance Your Mortgage

Map preview of 407 N Bay Front, Newport Beach, CA 92662

Property Overview: 407 N Bay Front Newport Beach, CA has 3 bedrooms, 3 bathrooms, 2,505 living square feet and 2,912 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Brand New Custom Cape Cod Bayfront with private floating dock for a 32-foot boat. This stunning modern design by Brandon Architects and built by Waterpointe Custom Homes offers a spacious open floorplan, oversized lot and square footage, stunning views, and an abundance of outdoor space. Situated on the "quiet end" of the Island and resting on a pristine beach, this impressive design provides three bedrooms, five baths, outstanding roof deck with covered loggia, and picturesque details throughout. The first floor has a welcoming open great room with high and detailed ceilings, gourmet kitchen with Island, built-in bar, fireplace, LaCantina doors, and a spacious front patio. The second floor has three generous suites and laundry room including a stunning master retreat with model-like bath, walk-in closet, fireplace, and outstanding views. The third floor offers a second built-in bar with sink and floating shelves, bath, and a spectacular roof deck with loggia and fantastic views of the Bay, Fashion Island, and more. The home also comes with an elevator to all levels, two-car garage, and a large floating dock that has been completely refurbished and can accommodate up to a 32-foot boat. This is the first brand new Island Bayfront to come on the market in years. Don't miss out!

Listed by Ryan Gunderson | BRE #01869795 | Arbor Real Estate
Last checked: 14 minutes ago | Last updated: October 8th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
2,912
HOA Dues
$0/mo
Year built
2022
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP22191600
City
Newport Beach
County
Orange
Time on Site
573 days

Property Details for 407 N Bay Front

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Flooring: Carpet, Wood
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Gas Range
  • Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 2
  • # of Baths (3/4): 1
Interior Features
  • Elevator, High Ceilings
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05003103
  • Year Built Source: Seller
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Take Marine to Balboa, make right. Turn right on Collins, left into alley, left on Agate. Home is on Bayfront between Agate and Pearl Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Newport Beach Agent

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Sale History for 407 N Bay Front

Last sold for $10,800,000 on October 7th, 2022
  • October, 2022

  • Oct 7, 2022

    Date

    Sold

    CRMLS: NP22191600

    $10,800,000

    Price

  • Aug 31, 2022

    Date

    Active

    CRMLS: NP22191600

    $10,995,000

    Price

  • August, 2022

  • Aug 30, 2022

    Date

    Canceled

    CRMLS: NP22073038

    $10,995,000

    Price

  • Apr 25, 2022

    Date

    Active

    CRMLS: NP22073038

    $10,995,000

    Price

  • Listing provided courtesy of CRMLS

    Brand New Custom Cape Cod Bayfront that is nearly done with private floating dock for a 32-foot boat. This stunning modern design by Brandon Architects and built by Waterpointe Custom Homes is estimated for completion in June, and offers a spacious open floorplan, oversized lot and square footage, stunning views, and an abundance of outdoor space. Situated on the "quiet end" of the Island and resting on a pristine beach, this impressive design provides three bedrooms, five baths, outstanding roof deck with covered loggia, and picturesque details throughout. The first floor has welcoming open great room with high and detailed ceilings, gourmet kitchen with Island, built-in bar, fireplace, LaCantina doors, and a spacious front patio. The second floor has three generous suites and laundry room including a stunning master retreat with model-like bath, walk-in closet, fireplace, and stunning views. The third floor offers a second built-in bar with sink and floating shelves, bath, and a spectacular roof deck with loggia and some of the most spectacular views in the area. The home also comes with an elevator to all levels, two-car garage, and a large floating dock that has been completely refurbished and can accommodate up to a 32-foot boat. This is the first brand new Island Bayfront to come on the market in years. Don't miss out!

  • July, 2019

  • Jul 2, 2019

    Date

    Sold

    CRMLS: NP19037758

    $3,400,000

    Price

  • Apr 12, 2019

    Date

    Pending

    CRMLS: NP19037758

    $3,500,000

    Price

  • Mar 23, 2019

    Date

    Active Under Contract

    CRMLS: NP19037758

    $3,500,000

    Price

  • Feb 19, 2019

    Date

    Active

    CRMLS: NP19037758

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    PRICED BELOW LOT VALUE! Oversized 32 x 91 lot directly on the Bay and Boardwalk. The existing home has over-sized grandfathered square footage (nearly 3,000 square feet) with 5 total bedrooms, 5 baths, a large garage, and outstanding views of the Bay, City lights, and much more. Situated on the desirable “Quiet End” of the Island, with a sandy beach in front of it, 407 North Bayfront is an ideal opportunity to build a new custom home!

  • June, 2019

  • Jun 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,400,000

    Price

  • February, 2019

  • Feb 19, 2019

    Date

    Canceled

    CRMLS: NP18180874

    $3,795,000

    Price

  • Oct 29, 2018

    Date

    Price Change

    CRMLS: NP18180874

    $3,795,000

    Price

  • Sep 15, 2018

    Date

    Price Change

    CRMLS: NP18180874

    $3,895,000

    Price

  • Aug 1, 2018

    Date

    Active

    CRMLS: NP18180874

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED $305,000! Situated on a premier 32 x 91 oversized lot on the Bay and boardwalk, 407 North Bayfront provides both flexibility and opportunity. The home presents an abundance of grandfathered square footage (nearly 3,000 square feet) with 5 total bedrooms, 5 baths, a large garage, and outstanding views of the Bay, city lights, and much more. Additionally, the home comes with a private, recently upgraded “floating dock,” which is one of the only such docks in the Harbor; accommodating up to a 30’ boat. Located on the desirable “Quiet End” of the Island, with a picturesque sandy beach in front of it, this property is a fantastic opportunity to remodel and keep the existing footage, or build your new custom dream home.

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Tax History for 407 N Bay Front

Assessed Value (2020): $486,478
Year Land Value Improved Value Assessed Value
2020 $369,723 $116,755 $486,478

Home Value Compared to the Market

This property vs the competition

407 N Bay Front sold on October 7, 2022 for 322.88% higher than the current median sold price for the city of Newport Beach which is $2,600,000. The median sold price per/sqft for Newport Beach is $1,282 and this home is sold at $4389.22 per/sqft which puts the price per square foot 242.37% higher than the current median sale per square foot for the city of Newport Beach.

About 407 N Bay Front

Detailed summary of property

407 N Bay Front is a single family home that recently sold in Newport Beach, CA 92662. This house offered 3 bedrooms, 3 bathrooms, roughly 2,505 living square feet, and sits on an approximately 2,912 square foot lot. 407 N Bay Front was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $10,800,000. Home in Newport Beach are selling for a median price of $2,600,000 and a median price per square foot of $1,282. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 322.88% higher than the current median priced home. Local homes that are currently for sale include 3 Cypress Point Ln, 15 Cypress Point and 2001 Port Ramsgate Pl. While the average home in Newport Beach, CA is selling in 78 days, 407 N Bay Front has a days on market of 17 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. For more information on this home for sale at 407 N Bay Front Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 407 N Bay Front

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
1,473
Lot Size
2,657
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
4
APN
050-031-03

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$5,200,000
Median List Price/Sq.Ft.
$2,496
Median Sold Price
$6,505,000
Median Sold Price/Sq.Ft.
$2,028
Total Inventory
9
Median Sale to List Price %
95.73%
Avg Days on Market
76
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.