1220 W Bay Avenue, Newport Beach, CA 92661
- 6 beds
- 8 baths
- 12,749 sq ft
- 7,132 sq ft lot
- Built 2023
$57,500,000
Est. $382,010/mo with 20% down, 30-year fixed
$4,510 a sq ft against a $2,501 Balboa Peninsula (Residential) median. Ask how it comparesSubdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $6,925,000
The home
About 1220 W Bay Avenue
With its stunning waterfront views, impressive proportions, and curated selection of custom amenities, this newer (2023) contemporary showplace is among the finest residences in Newport Beach. Located on the Balboa Peninsula, the estate boasts nearly 100' of frontage along the Newport Channel, welcoming views of the water, passing yachts and sailboats, evening lights, Saddleback Mountain, Lido Isle and the towers of Newport Center and Fashion Island. Equally breathtaking, the home reflects the talents of architect Paul McClean, Gallo Builders and Lynda Murray Interior Design in an architecturally unparalleled collage of glass, marble, metal and wood. Italian veined white marble cladding and custom rain glass hint at the beauty that awaits beyond the entrance gate, where a garden complements a glass bridge that leads the way to a pivoting glass front door. Channel views are enjoyed from the moment the gate opens and continue throughout the three-level design, where six en suite bedrooms and seven-and-one-half-baths offer comfort for all in appx. 12,749 SF. Walls of glass and Sky-Frame slide-away glass doors pocket doors up to nearly 50' long create a seamless transition to outdoor areas including a lower-level pool, and a main-level bayfront terrace with kitchen and private dock for multiple vessels. Panoramic views overlook the ocean, harbor, mountains and coast from a massive rooftop patio that extends about 3,200 SF and hosts a second pool, and outdoor kitchen with grill, pizza oven and an island with seating for 10. A custom elevator joins a phenomenal spiral staircase with mirror-polished rails in offering access to all three levels of the residence. Discover a great room with see-through fireplace shared with the covered patio, a walk-in 750-bottle wine room, 192-bottle temperature-controlled wine wall, and a dining room that flows to top-tier front-and-back kitchens with Poliform Italian cabinetry and Miele, Sub-Zero and Liebherr appliances. The lower level reveals a lounge with bar, state-of-the-art theater with starry-night ceiling and concession stand, VR racing room, and fitness center with Rogue equipment and Pavi Gym rubber flooring from Spain. Your private wellness center presents a massage/meditation room, light-therapy room, steam shower and sauna. Unobstructed views enhance the top-floor’s primary suite and bath, featuring a large balcony and heated floors. Smart home tech and a four-car garage with single hydraulic door lend added cachet.
Property details for 1220 W Bay Avenue
This 6-bedroom, 8-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 12,749 square feet of living space on a 7,132-square-foot lot and is listed at $57,500,000, about $4,510 per square foot. The home was built in 2023. The MLS record lists the assessor parcel number as 047-232-09. Highlights include ocean and harbor views, bay frontage, a private pool and spa, a fireplace, an attached four-car garage, and air conditioning.
Photographs
Photos of 1220 W Bay Avenue, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- NP26093046
- Year Built
- 2023
- Builder
- Gallo Builders
- Living Area (sq ft)
- 12,749
- Lot Size (sq ft)
- 7,132
- Lot Size (acres)
- 0.1637
- Levels
- Three Or More
- Bedrooms
- 6
- Full Baths
- 7
- Half Baths
- 1
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- Bay, Harbor, Mountains, Ocean, Panoramic, Water
- Private Pool
- Yes
- Parcel Number
- 04723209
- On Market Date
- 2026-06-09
- Listing Terms
- Standard
Interior Features
- Interior Features
- Wet Bar, Built In Features, Balcony, Separate Formal Dining Room, Eat In Kitchen, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Wired For Sound, Primary Suite, Walk In Pantry, Wine Cellar, Walk In Closets
- Appliances
- Freezer, Gas Cooktop, Gas Oven, Refrigerator, Range Hood
- Flooring
- Tile, Wood
- Heating
- Ductless, Zoned
- Cooling
- Ductless, Zoned
- Fireplace
- Living Room, Primary Bedroom, Outside, See Through, Recreation Room
- Laundry
- Inside, Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Custom Coverings
- Doors
- Sliding Doors
- Rooms
- Sauna, Living Room, Bathroom, Kitchen, Dining Room, Other, Exercise Room, Primary Bedroom, Entry Foyer, Pantry, Laundry, Projection Room
Exterior Features
- Architectural Style
- Custom
- Exterior Features
- Barbecue, Dock, Lighting, Fire Pit
- Construction
- Stone
- Lot Features
- Landscaped
- Patio and Porch
- Covered, Deck, Open, Patio, Rooftop
- Parking
- Direct Access, Door Single, Garage Faces Front, Garage
- Pool Features
- In Ground, Private, Roof Top
- Spa
- Private
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs
- Security
- Smoke Detectors
The record
Property History for 1220 W Bay Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 9, 2026 | Listed for sale | $57,500,000 |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1220 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 0.4 miles away (ChargePoint, 2 Level 2 ports). 168 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
Cost of ownership
Estimated monthly payment
7.24% · 30-yr fixed$
$442,759/mo
10% down · 30-year fixed · $5,750,000 down
Principal & interest$352,675
Mortgage insurance (est., over 80% LTV)$21,563
Property tax (est. 1.08%)$51,750
Home insurance (rough est., varies widely)$16,771
HOANot reported, not included
$382,010/mo
20% down · 30-year fixed · $11,500,000 down
Principal & interest$313,489
Property tax (est. 1.08%)$51,750
Home insurance (rough est., varies widely)$16,771
HOANot reported, not included
$342,824/mo
30% down · 30-year fixed · $17,250,000 down
Principal & interest$274,303
Property tax (est. 1.08%)$51,750
Home insurance (rough est., varies widely)$16,771
HOANot reported, not included
Estimated carrying cost
$68,521/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$51,750
Home insurance (rough est., varies widely)$16,771
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.24% (week of Oct 29, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 1220 W Bay Avenue
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Selling near 1220 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
- 27
- Median price
- $6,925,000
- Median days on market
- 35
- Median per sq ft
- $2,501
Recorded MLS closings of single-family homes, Oct 24, 2025 to Oct 24, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Balboa Peninsula (Residential) sales
At $4,510 per square foot, this home's asking price is 80% above the Balboa Peninsula (Residential) median of $2,501 for single-family homes that closed in the past 12 months.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 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 |
| 6704 W Oceanfront | Sep 2, 2026 | $8,400,000 | 2,640 | $3,182 | 91 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 1220 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.
Location
Location
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Listed by Tim Smith of Coldwell Banker Realty
Listing information updated Jun 10, 2026 at 6:23 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.