Sold
1042 W Bay Avenue sold on January 3, 2020 for $8,500,000, 15% below the $9,995,000 asking price after 624 days on the market. The buyer financed the purchase. The details are below for reference.
1042 W Bay Avenue, Newport Beach, CA 92661
- 6 beds
- 5 baths
- 4,256 sq ft
- 4,668 sq ft lot
- Built 2003
Own 1042 W Bay Avenue? Request a free home valuation to see what it is worth today.
$8,500,000
Subdivision Balboa Peninsula (Residential)
28 single-family homes sold in the past 12 months · median $7,112,500
This property is also on the market under MLS NP26231609 (Residential Lease).
The home
About 1042 W Bay Avenue
This nautically-inspired, Contemporary-style, Balboa Peninsula bayfront home was a collaboration between its “hands-on” owner and the late architect, Kurt Donat. Located on a prime corner lot with spectacular harbor, turning basin, Saddleback mountain and Fashion Island night light views, the home features stunning architecture, an extraordinary blending of indoor and outdoor spaces and a thoughtfully designed open floor plan. The downstairs of the home features a wall of floor to ceiling retracting doors to the outside, a huge great room with polished concrete floors and a metal fireplace, a large island kitchen with stainless steel appliances, English Sycamore cabinets and marble countertops; a downstairs bedroom with an ensuite bath, a powder bath and a huge 3-car attached garage. The upstairs of the home has a large waterfront master suite that extends the full width of the home and has a fireplace, built-in desk, and an elegant limestone bath complete with a Jacuzzi tub. In addition, there is a loft space, four large bedrooms and two generous sized baths. The palette of finish materials includes Maple ceilings, English Sycamore cabinets, Mahogany floors, limestone, marble, stainless steel railings, Venetian plaster, a Zinc roof, and Brazilian Blue granite. The 43 foot wide bayside patio features a firepit, lush succulent landscaping, and a private pier and slip for several boats. All the fun of Balboa is at your door, swimming, sailing, paddleboarding and more.
Property details for 1042 W Bay Avenue
This 6-bedroom, 5-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 4,256 square feet of living space on a 4,668-square-foot lot. The home was built in 2003. The MLS record lists the assessor parcel number as 047-262-01. Highlights include ocean and harbor views, bay frontage, a fireplace, an attached three-car garage, a turnkey home, and contemporary architecture.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- LG18089341
- Year Built
- 2003
- Living Area (sq ft)
- 4,256
- Lot Size (sq ft)
- 4,668
- Lot Size (acres)
- 0.1072
- Levels
- Two
- Bedrooms
- 6
- Full Baths
- 4
- Half Baths
- 1
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- Bay, City Lights, Harbor, Marina, Ocean, Panoramic, Pier, Water
- Parcel Number
- 04726201
- On Market Date
- 2018-04-18
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Block Walls, Central Vacuum, Coffered Ceilings, Separate Formal Dining Room, Granite Counters, High Ceilings, Living Room Deck Attached, Stone Counters, Storage, Track Lighting, Bedroom On Main Level, Entrance Foyer, Jack And Jill Bath, Primary Suite
- Appliances
- Six Burner Stove, Barbecue, Double Oven, Dishwasher, Disposal, Microwave
- Flooring
- Concrete, See Remarks, Wood
- Heating
- Forced Air, Radiant
- Cooling
- None
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Common Area
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Common Walls
- No Common Walls
- Accessibility
- None
Exterior Features
- Architectural Style
- Contemporary, Modern
- Exterior Features
- Boat Slip
- Roof
- Metal
- Construction
- Copper Plumbing
- Foundation
- Slab
- Lot Features
- Corner Lot, Sprinklers In Rear, Sprinklers In Front, Sprinkler System
- Patio and Porch
- Concrete, Deck, Open, Patio
- Parking
- Door Multi, Garage
- Fencing
- Stucco Wall
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Storm Drains, Suburban, Sidewalks
- Security
- Security System
The record
Property History for 1042 W Bay Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Jan 3, 2020 | Sold | $8,500,000 | |
| Apr 18, 2018 | Listed for sale | $9,995,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1042 W Bay Avenue
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 9 of 9 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 9 of 9. Fixed wireless: Verizon, up to 300 Mbps, at 9 of 9.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004002, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.5 miles away (ChargePoint, 2 Level 2 ports). 157 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
1042 W Bay Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 1042 W Bay Avenue
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Peninsula (Residential) home sales, past 12 months
- Homes sold
- 28
- Median price
- $7,112,500
- Median days on market
- 36
- Median per sq ft
- $2,558
Recorded MLS closings of single-family homes, Nov 1, 2025 to Nov 1, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1123 E Balboa | Oct 25, 2026 | $10,900,000 | 2,851 | $3,823 | 36 |
| 915 W Bay Avenue | Oct 19, 2026 | $4,921,000 | 2,270 | $2,168 | 3 |
| 3603 Lake Avenue | Oct 5, 2026 | $4,550,000 | 2,200 | $2,068 | 0 |
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 1042 W Bay Avenue
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Steve High of Villa Real Estate
Listing information updated Jun 27, 2026 at 9:43 AM PT. Source: CRMLS.
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.