117 E Bay Front, Newport Beach, California 92662, Newport Beach, - bed, bath

home-pic
ACTIVE$8,495,000
117 E Bay Front, Newport Beach, California 92662
5Beds
4Baths
2,787Sqft
2,550Lot
Year Built
1947
Close
-
List price
$8.49M
Original List price
$9.45M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25176483
Home ConditionFair
Features
Excellent View: Bay, City Lights, Harbor, Marina, Neighborhood, Ocean, Water
Patio
ViewBay,City Lights,Harbor,Marina,Neighborhood,Ocean,Water

About this home

LEGACY BAYFRONT PROPERTY ON LITTLE BALBOA ISLAND. 117 E. Bay Front presents a rare opportunity to own a piece of Newport Beach’s most iconic waterfront. Situated steps from the nexus of East and South Bay Front, known to locals as “Crab Point”, this traditional two-story home captures sweeping views of Newport harbor yacht channel and the Newport harbor entrance. With nearly 2,800 square feet of living space, savor breathtaking views from the first floor living and dining rooms, kitchen, and the large front brick patio perfect for entertaining, alfresco dining or simply relaxing. Upstairs, more front-row harbor views await from the spacious primary suite with fireplace, large sitting room, and over-sized private brick balcony. The main level includes two additional bedrooms and two baths, along with direct access to a two-car garage. The upper floor also features two more bedrooms—one or both of which can be closed off to create a private guest quarters complete with a wood-paneled living room, second kitchen, and dedicated exterior stairs. An included mooring complete with 18’ Boston Whaler runabout is accessed by the sandy beach located directly in front of the home and provides easy access to the ocean and harbor cruising. Located just a short stroll to Balboa Island, the Balboa Island Ferry and Marine Avenue’s charming boutiques and restaurants, this home offers the quintessential Little Balboa Island location and lifestyle. Now ready for its next steward, don’t miss this once-in-a-generation opportunity to own a legacy property in one of Southern California’s most treasured coastal communities.

Price History

Date
Event
Price
10/01/25
Price Change
$8,495,000-2.3%
09/05/25
Price Change
$8,695,000-8.0%
08/16/25
Listing
$9,450,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (17 Listings)
Beds53
89%
Baths43
61%
Square foot2,7872,308
83%
Lot Size2,5502,550
50%
Price$8.49M$4.55M
89%
Price per square foot$3,048$2,496.5
83%
Built year19479795983
33%
HOA
Days on market81157
22%
Condition Rating
Fair

The property, built in 1947, is exceptionally well-maintained and clean throughout, benefiting from a prime bayfront location. However, the kitchens (both main and second) and bathrooms feature significantly dated elements such as white tile countertops, traditional white cabinets, and older fixtures. While functional and move-in ready, these key areas would require substantial cosmetic updates to meet contemporary design standards and buyer expectations for a property of this caliber, aligning with a renovation timeline of 15-30 years ago.
Pros & Cons

Pros

Unrivaled Waterfront Location: Situated directly on Little Balboa Island's bayfront, steps from 'Crab Point,' offering a quintessential coastal lifestyle with immediate access to the water and nearby amenities.
Panoramic Harbor Views: Boasts sweeping, front-row views of the Newport Harbor yacht channel and entrance from multiple living areas, the kitchen, and the primary suite's private balcony.
Exclusive Marine Amenities: Includes a private mooring and an 18' Boston Whaler runabout, providing unparalleled direct access to the ocean and harbor for cruising and recreation.
Flexible Living Spaces: The upper floor features versatile guest quarters with a second kitchen and dedicated exterior stairs, ideal for multi-generational living, staff, or potential rental income.
Legacy Property Status: Represents a rare, once-in-a-generation opportunity to acquire an iconic and treasured piece of Newport Beach's most desirable waterfront real estate.

Cons

Property Age & Potential for Updates: Built in 1947, the 'traditional' home may require significant modernization or renovation to align with contemporary luxury standards, despite its inherent charm.
Recent Price Reductions: Multiple price adjustments from the original listing suggest the initial valuation may have been ambitious or indicate a market perception of necessary further investment.
Limited Lot Size: The 2,550 sqft lot is relatively compact for a property of this caliber and location, potentially limiting expansive outdoor living space beyond the primary front patio.

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