$8,500,000
4Beds4Baths2,839SqFt
3000 W OceanfrontNewport Beach, CA 92663Balboa Peninsula (Residential)
Sold
1340 W Bay Avenue sold on November 18, 2025 for $7,675,000, 9.7% below the $8,495,000 asking price after 70 days on the market. The buyer paid cash. The details are below for reference.
1340 W Bay Avenue, Newport Beach, CA 92661
- 4 beds
- 3 baths
- 2,053 sq ft
- 3,778 sq ft lot
- Built 1952
Own 1340 W Bay Avenue? Request a free home valuation to see what it is worth today.
$7,675,000
Subdivision Balboa Peninsula (Residential)
28 single-family homes sold in the past 12 months · median $7,112,500
The home
About 1340 W Bay Avenue
An extraordinary opportunity awaits on the iconic Balboa Peninsula, Newport Beach’s original waterfront neighborhood. Built in the 1950s, this bayfront property offers either a complete remodel or the chance to design and build a dream residence from the ground up. Set on a 35’ x 109’ parcel with 35 feet of waterfrontage, the property features a private pier and dock accommodating vessels up to 55 feet—a true rarity in today’s market. From this vantage point, enjoy sweeping views of Newport Harbor, the West Lido Channel, mountain silhouettes, and the sparkling city lights of Fashion Island. The backdrop is as dynamic as the lifestyle it promises. Here, land and sea come together seamlessly. Swim, sail, paddleboard, or cruise directly from your dock. Wake up to the energy of the harbor with morning crew workouts gliding across the bay, then head across the peninsula to the white sandy beaches of Balboa. The home sits conveniently between the Balboa Pier and Newport Pier, placing you in the heart of the action. Join the locals for daily runs, bike rides, or walks along the world-famous Boardwalk, where the ocean breeze and beach energy create a lifestyle unlike anywhere else. The location places you at the center of it all. A quick Duffy ride takes you to the boutique charm of Lido Village, with its waterfront dining, chic cafés, and luxury shops. Minutes away, enjoy world-class shopping at Fashion Island, effortless access to John Wayne Airport, and the vibrant nightlife of coastal Orange County. This is more than a property—it’s a lifestyle. From quiet mornings with coffee as the harbor stirs awake, to afternoons on the sand, to evenings entertaining as sailboats drift by, 1340 W. Bay Avenue delivers a rare chance to create a generational home in one of Newport Beach’s most coveted settings. This site allows for new construction of a home approximately 3,650–3,750 square feet in size, with a maximum height of 29 feet across three stories.
Property details for 1340 W Bay Avenue
This 4-bedroom, 3-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,053 square feet of living space on a 3,778-square-foot lot. The home was built in 1952. The MLS record lists the assessor parcel number as 047-231-03. Highlights include ocean and coastline views, bay frontage, a fireplace, and an attached two-car garage.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- LG25193348
- Year Built
- 1952
- Living Area (sq ft)
- 2,053
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,778
- Lot Size (acres)
- 0.0867
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, City Lights, Coastline, Harbor, Marina, Ocean, Pier, Water
- Parcel Number
- 04723103
- On Market Date
- 2025-08-27
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Laminate Counters, All Bedrooms Up
- Appliances
- Dishwasher, Free Standing Range, Disposal, Gas Oven, Microwave
- Flooring
- See Remarks
- Heating
- Central
- Cooling
- None
- Fireplace
- Living Room
- Laundry
- Washer Hookup
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Doors
- Sliding Doors
Exterior Features
- Exterior Features
- Boat Slip, Dock
- Roof
- Composition
- Foundation
- Raised
- Lot Features
- Zero To One Unit Acre
- Patio and Porch
- Patio
- Parking
- Door Single, Garage Faces Front, Garage
- Fencing
- Brick, Vinyl
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected
- Condition
- Fixer
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking, Fishing, Storm Drains, Street Lights, Sidewalks, Water Sports
The record
Property History for 1340 W Bay Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Nov 18, 2025 | Sold | $7,675,000 | |
| Nov 6, 2025 | Status changed to Pending | From Active | |
| Aug 27, 2025 | Listed for sale | $8,495,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1340 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 29 of 30 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 30 of 30. Fixed wireless: Verizon, up to 300 Mbps, at 30 of 30.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628002010, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (ChargePoint, 2 Level 2 ports). 164 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
1340 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 1340 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 2, 2025 to Nov 2, 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 1340 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 Pacific Sotheby’s International Realty
Listing information updated Nov 18, 2025 at 5:22 PM 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.