115 N Bay Front, Newport Beach, California 92662, Newport Beach, - bed, bath

home-pic
ACTIVE$6,395,000
115 N Bay Front, Newport Beach, California 92662
3Beds
3Baths
2,528Sqft
2,564Lot
Year Built
1953
Close
-
List price
$6.39M
Original List price
$7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25190330
Home ConditionFair
Features
Excellent View: Bay
Deck
ViewBay

About this home

MAJOR PRICE REDUCTION on this amazing Balboa Island Waterfront Opportunity on the Bay and Boardwalk with its own Private Dock! This treasured family home at the "Quiet End" of Balboa Island presents a rare 35-foot-wide Bayfront lot, including 3 bedrooms, 3 baths, and a possible 4th bedroom on the first floor. From both inside and outside the home, there are unparalleled water views at any time of day, but the sunset view towards Beacon Bay from the second-floor balcony is absolutely breathtaking. The expansive front patio is a verdant oasis, complete with lush landscaping, a mature magnolia tree, fountain, and plentiful seating options. Both the first and second levels of the home take advantage of the lot's superior width and feature spacious living areas with fireplaces. The private boat dock has slips for 2 boats and is another outstanding aspect of the home. Enjoy the abundant coastal charm of this unique home on enchanting Balboa Island.

Price History

Date
Event
Price
10/26/25
Price Change
$6,395,000-8.6%
09/05/25
Listing
$6,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (17 Listings)
Beds33
50%
Baths33
50%
Square foot2,5282,308
83%
Lot Size2,5642,550
72%
Price$6.39M$4.55M
72%
Price per square foot$2,530$2,496.5
56%
Built year19539795983
44%
HOA
Days on market60156
22%
Condition Rating
Fair

The property, built in 1953, is well-maintained and boasts an excellent waterfront location with a private dock. However, the interior, particularly the kitchen and bathrooms, exhibits a significantly dated style. The kitchen features older wood cabinets, extensive patterned tile countertops and backsplash, and terracotta-style flooring, suggesting renovations from 15-30+ years ago. While some appliances appear newer (e.g., stainless steel refrigerator), the overall aesthetic is not modern. Bathrooms also show older tile work and fixtures. The home is functional and clean, but requires substantial cosmetic updates in key areas to meet current buyer expectations and modern design standards.
Pros & Cons

Pros

Prime Waterfront Location: Situated directly on the Bay and Boardwalk at the 'Quiet End' of Balboa Island, offering a rare 35-foot-wide Bayfront lot in a highly desirable and prestigious area.
Private Dual Boat Dock: Includes a private boat dock with slips for two vessels, a significant and highly sought-after amenity for waterfront living in Newport Beach.
Exceptional Water Views: Boasts unparalleled water views from both levels of the home, including breathtaking sunset views towards Beacon Bay from the second-floor balcony.
Charming Outdoor Living: Features an expansive, verdant front patio with lush landscaping, a mature magnolia tree, and a fountain, creating an inviting oasis for relaxation and entertaining.
Significant Price Reduction: Recently underwent a major price reduction, presenting a potentially strong value proposition for a buyer in this exclusive market, especially given the estimated property value.

Cons

Age of Property & Potential for Updates: Built in 1953, the home is an older property. While described as a 'treasured family home,' it likely implies original or dated systems and finishes that may require significant investment for modernization to meet contemporary luxury standards.
High Maintenance Demands: As an older waterfront property with a private dock, it may incur higher ongoing maintenance costs due to exposure to marine elements and the upkeep required for the dock and older home systems.
Implied Lack of Recent Modernization: The description emphasizes location, views, and charm rather than recent renovations, suggesting the interior may not have undergone comprehensive modern updates, which could be a drawback for buyers seeking a move-in ready, contemporary luxury home.

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