Tour
#NP25063310, Susie McKibben, Listing Office: Compass
#NP25060307·
Listing office: Pacific Sotheby's Int'l Realty·
Listing agent: Kimberly Bibb·
Listing office phone: 714-396-0185
$16,250,000 List price
1240 W Bay Ave Newport Beach, CA 92661
3 beds
4 full
3,196 sqft
0.1 acres
$5,084 / sqft
House
Property details
About 1240 W Bay Ave
Nestled on an oversized, 48’ wide corner lot along the prestigious Balboa Peninsula, this exceptional bayfront home offers unparalleled waterfront living with breathtaking views of Newport Harbor. This highly desirable residence features a private dock and a stunning pier with a rare covered gazebo, perfect for Al fresco dining. The thoughtfully designed 3-bedroom, 4-bathroom home is bathed in natural light from skylights throughout, enhancing its airy and inviting ambiance. The luxurious master suite boasts panoramic harbor views, a private deck, a cozy seating area, and a spa-like en suite bathroom. Two additional bedrooms each have access to the back deck with a charming peek-a-boo ocean view. The beautifully appointed kitchen overlooks the bay and living room - which features a fireplace, as well as sliding doors opening out to the expansive front patio, ideal for seamless indoor-outdoor living. Completing this remarkable home is a den with a wet bar, small basement, and a spacious 3-car attached garage. Just steps to the sand and all of the activities, fine dining, and attractions Newport Beach has to offer - this is the perfect blend of elegance, comfort, and prime waterfront living.
Highlights
Home typeSingle Family Residence
HeatingFireplace(s)
StatusSale Pending
(Pending)
(Pending)
Size3,196 sqft
Lot size0.1179 Acres
Year built1994
ParkingDoor-Multi, Direct Access, Garage, Garage Faces Rear
MLS #NP25060307
Attached garage3 spaces
WaterfrontBay Front, Dock Access
FireplaceGas, Living Room
ViewBay, City Lights, Pier
Summary
- MLS Number: NP25060307
- MLS Name: CRMLS
- Office Name: Pacific Sotheby's Int'l Realty
- Office Phone: (714) 396-0185
- Listing Agent: Kimberly Bibb
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. 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.
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. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 10:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$16,250,000
1240 W Bay Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $749,524 | $8,279 |
| 2023 | $734,828 | $8,083 |
| 2022 | $720,420 | $7,945 |
| 2021 | $706,295 | $7,795 |
| 2020 | $699,053 | $7,720 |
| 2019 | $685,347 | $7,416 |
| 2018 | $671,909 | $7,416 |
| 2017 | $658,735 | $7,286 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.1 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.4 mi
•300 E 15th St
7
Mariners Elementary School
Public District KG-6
1.8 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $110,552. Residents of Newport Beach, CA typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
11%
<35k
33%
35k-100k
29%
100k-200k
27%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1240 W Bay Ave
This home is located at 1240 W Bay Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 3,196 square foot home, which was built in 1994, sits on a 0.12 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 26, 2025 and is currently priced at $16,250,000.
In March 2025 more than 14 listings in Newport Beach, CA were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 54 were sold below. The number of homes for sale in Newport Beach, CA increased by 3.8% between February and March 2025. The median list price of listings available in March 2025 was $3,578,461, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.