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Listing 3 out of 94
$22,995,000 For Sale

1417 E Bay Avenue
Newport Beach, CA 92661

5 beds, 5 baths | Single Family Home
4,741 sq ft; lot: 17001 sq ft - MLS# NP19002950
Property Photo
1/27

Description

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.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family Residence
  • Listing Status: Active
  • Zip Code: 92661
  • Year Built: 1912
  • Subdivision/Neighborhood: Balboa Peninsula Point (Blpp)
  • School District: Newport Mesa Unified
  • High School: Newhar
  • Sq.Ft.: 4,741 sq ft
  • Stories: Two
  • Bedrooms: 5
  • Full Baths: 5
  • Garage: 7-Car
  • # of Parking Spaces: 7.00
  • Fireplace: Family Room,Living Room,Gas,Gas Starter,Wood, Yes
  • Lot Size: 17001 sq ft
  • Baths: 5
  • View: Bay,City Lights,Coastline,Harbor,Ocean,Water, Yes
  • Waterfront: Bay Front,Includes Dock,Ocean Access,Seawall
  • Area: NP - Balboa Peninsula
  • Community Features: Storm Drains, Street Lighting, Suburban
  • Country: US
  • Directions: Newport Boulevard to G Street
  • Eating Area: Area
  • Exterior Features: Boat Slip
  • Heating: Electric
  • Heating YN: Yes
  • Laundry Features: Area
  • Laundry YN: Yes
  • Listing Agent License: 01082750
  • Listing Office License: 01991628
  • Lot Features: Corner Lot, Lawn, Lot 10000-19999 Sqft, Yard
  • Lot Size Area: 17000.0000
  • Lot Size Source: Other
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Major Change Type: New Listing
  • Parking Features: Garage, Garage - Front Entry, Garage - Rear Entry, Garage - Side Entry, Garage - Three Door, Garage - Two Door
  • Parking YN: Yes
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Sewer: Public Sewer
  • Stories Total: 2
  • Water Source: Public
Courtesy of Compass, Robert Giem

Agent Mary Lou Skowronski
Mary Lou Skowronski DRE: 01398486 / Broker DRE: 01317331
Berkshire Hathaway HomeServices California Properties
1400 Newport Center Drive, #200 - Newport Beach, CA 92660

© “2018” BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate,and a franchisee of  BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of  America, Inc.® Equal Housing Opportunity. Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC.  BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property,  Information obtained from various sources and will not be verified by broker or MLS. 

house realtor mls

Designations Ranks Agent Mary Lou Skowronski in the
Top 7% of Realtors Nationwide!
NABPOP BPO Certified Property Valuator, CPRES Certified Probate/Trust Real Estate Specialist, Investor Certified Realtor, ePRO – Internet Marketing Professional, 
Luxury Property Specialist, AREAA – Asian Real Estate Association of America, Designer and Accredited Home Staging Specialist,
REO and Short Sale Specialist, PSC Mastery HAFA Foreclosure Prevention Counselor

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