812 W Bay Ave, Newport Beach, California 92661, Newport Beach, - bed, bath

home-pic
ACTIVE$21,000,000
812 W Bay Ave, Newport Beach, California 92661
7Beds
9Baths
6,319Sqft
7,664Lot
Year Built
1990
Close
-
List price
$21M
Original List price
$25.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25084135
Home ConditionFair
Features
Excellent View: Bay, City Lights, Harbor, Marina, Panoramic, Water
Patio
ViewBay,City Lights,Harbor,Marina,Panoramic,Water

About this home

Rare Double-Lot Bayfront Opportunity in Newport Harbor. A truly once-in-a-lifetime offering, this custom-built bayfront estate sits on a rare double lot in one of Newport Harbor’s most coveted locations. Showcasing nearly 60 feet of bay frontage, the property commands sweeping views of the turning basin, city lights, Fashion Island, and the surrounding mountains—an ever-changing backdrop of Southern California beauty. Designed ahead of its time, the residence welcomes you through a dramatic gated entry featuring a tranquil pool, spa, and waterfall. Double glass doors open to reveal soaring ceilings and expansive living spaces that exude coastal sophistication. The grand living room with fireplace, sit-down bar, and formal dining area is ideal for effortless entertaining. The gourmet's kitchen is a dream, featuring sleek black granite countertops, custom cabinetry, a center island with a gas range, breakfast nook, built-in desk, and side-by-side Sub-Zero refrigerator and freezer. The main level also offers a private office or den, guest bedroom and bath, maid’s quarters, and an oversized three-car garage. A sweeping staircase—or private elevator—leads to the upper level, where the primary suite offers bayfront views, a fireplace, dual bathrooms, and custom walk-in closets. An oversized guest suite features a private covered balcony to enjoy the views, a walk-in closet, and an en-suite bath. Three additional en-suite bedrooms complete the upper floor. Outdoor living is effortless with both sun-soaked and covered patio areas along the bayfront. The private dock accommodates an 80-foot vessel, with additional space for a whaler on the side tie. This is a rare chance to own one of Newport’s landmark bayfront properties—an extraordinary blend of space, location, and timeless design.

Nearby schools

9/10
Newport Elementary School
Public,PK-60.5mi
7/10
Horace Ensign Intermediate School
Public,7-80.9mi
7/10
Newport Harbor High School
Public,9-121.3mi

Price History

Date
Event
Price
10/24/25
Price Change
$21,000,000-8.7%
08/16/25
Price Change
$23,000,000-9.8%
04/23/25
Listing
$25,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds73
96%
Baths94
96%
Square foot6,3192,600
96%
Lot Size7,6642,660
92%
Price$21M$6.55M
96%
Price per square foot$3,323$2,912
64%
Built year19901991
48%
HOA
Days on market196204
44%
Condition Rating
Fair

This property, built in 1990, is exceptionally well-maintained and appears to be in excellent functional condition. However, the overall aesthetic, particularly in the kitchen and bathrooms, is significantly dated and reflects its original build era without substantial modern renovations. The kitchen features light wood cabinetry, black granite countertops, and black appliances (including double wall ovens and a gas range on the island), along with a distinctive patterned wallpaper/tile on the walls and ceiling, all of which are characteristic of the late 80s/early 90s. The bathrooms exhibit similar dated styles with light wood vanities, white countertops, Hollywood-style strip lighting, and glass block windows. While the property boasts high-quality construction and desirable features like Sub-Zero appliances (mentioned in description) and an elevator, the interior finishes, flooring (carpets in bedrooms, light tile elsewhere), and light fixtures are not contemporary. It is move-in ready but would require significant cosmetic updates to align with current design trends.
Pros & Cons

Pros

Prime Bayfront Location & Double Lot: This property boasts a rare double lot with nearly 60 feet of bay frontage in one of Newport Harbor's most coveted locations, offering unparalleled exclusivity and direct water access.
Exceptional Panoramic Views: Commanding sweeping views of the turning basin, city lights, Fashion Island, and mountains, with bayfront views from the primary suite, enhancing its luxury appeal.
Private Yacht Dockage: Features a private dock capable of accommodating an 80-foot vessel plus additional side-tie space, a significant amenity for yacht owners.
Extensive Luxury Amenities: Includes a tranquil pool, spa, waterfall, private elevator, gourmet kitchen with Sub-Zero appliances, multiple fireplaces, a sit-down bar, and an oversized three-car garage.
Spacious & Versatile Layout: With 7 bedrooms and 9 bathrooms across 6319 sqft, the residence offers expansive living spaces, a private office, maid's quarters, and multiple en-suite bedrooms, catering to diverse needs.

Cons

Significant Price Reductions: The property has undergone two substantial price reductions from its original list price of $25.5M to $21M, potentially indicating an initial overvaluation or market resistance.
Age of Construction: Built in 1990, while described as 'timeless,' the property is over 30 years old, which may necessitate updates to meet contemporary luxury design preferences or modern efficiency standards for some buyers.
High Ongoing Maintenance: A large bayfront estate with a pool, spa, and private dock inherently comes with substantial ongoing maintenance and operational costs, which could be a consideration for potential buyers.

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