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1105 North Bay Front, Newport Beach, CA 92662

$12.99M3bd · 5ba · 2,389 sqft
Lot 2,550 sqft•Single Family Residence•
Active
•51d on market•MLS# NP-26184232

Property Description

$1,000,000 PRICE REDUCTION!! A rare opportunity to own a newly constructed custom bayfront residence on prestigious Balboa Island. Designed by Ian Harrison and expertly built by Waterpointe Custom Homes, 1105 N. Bayfront sets a new benchmark for sophisticated waterfront living. Showcasing 30 feet of prime bay frontage and approximately 2,389 square feet of meticulously curated interiors, this newly completed architectural masterpiece is ready to be enjoyed. The main level is designed for effortless indoor-outdoor living, highlighted by exquisite custom millwork, a statement fireplace, and expansive LaCantina doors that open directly to the bayfront. The chef’s kitchen blends elegance with functionality, featuring a generous island with farmhouse sink, Calacatta Prado countertops, Wolf range, Sub-Zero refrigeration, and a walk-in pantry. A dramatic 2.5-story entry foyer creates an unforgettable first impression. Upstairs, the second level offers two well-appointed bedrooms, two bathrooms, a dedicated laundry room, and a versatile flex space. The primary suite serves as a serene retreat, filled with natural light and opening to a private patio with sweeping bay views. Its spa-inspired bath includes dual vanities, an oversized custom-tiled shower, soaking tub, and a spacious walk-in closet. The third level is designed for elevated entertaining, featuring an enclosed lounge with wet bar, a full bath, and bi-fold doors that open to an expansive covered loggia. Complete with built-ins, a fireplace, and additional deck space, this level captures breathtaking panoramic views of the bay. Additional highlights include a private elevator servicing all three levels, Pella dual-pane windows, Provenza Tresor Armour flooring, solar panels, abundant natural light, and a two-car attached garage. Ideally located near Fashion Island, pristine beaches, and the boutiques and dining along Marine Avenue, this exceptional residence offers a rare blend of modern sophistication, comfort, and iconic coastal lifestyle.

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Bay, City Lights
Flooring
Wood
City
Newport Beach
Zip Code
92662
County
Orange
Listed byUnknown Office, Timothy Carr

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$65,709.79
Principal & Interest
Loan Amount
$10,396,000
Total Interest
$13,259,525
Total Payment Over 30 Years
$23,655,525
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1105 North Bay Front, Newport Beach, CA 92662

Newport Beach · Single Family Residence

$12.99M
Luxury Tier
Beds
3
Baths
5
Sqft
2,389
Lot
2,550 sqft
Year
2026
$/Sqft
$5440
Pool: No✓
View: city✓
Garage: 2-car✓

Listed 173.6% above the median closed sale of $4,750,000. Price per sqft ($5,440) is a 156% premium to closed comps ($2,126). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $12.99M· $5,440/sqft
Total list price
Closed comps
vs closed median $4.75M
+$8.24M (+173.6%)
Active comps
vs active median $5.80M
+$7.20M (+124.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,406
+$3K (+126.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
118 SapphireNewport Beach2009342,3212,550$2,755$6.39M3395
2712 OceanfrontNewport Beach1988331,9761,875$3,644$7.20M22980
210 43rd StreetNewport Beach2012452,3632,431$1,904$4.50M1178
119 OpalNewport Beach2001332,3542,550$2,463$5.80M1576
324 Prospect StreetNewport Beach1961332,2112,480$1,264$2.79M5872
Total: 5 · Average3.23.62,2452,377.2$2,406$5.34M69.2
Median2,321$5.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
225 DiamondNewport Beach202609/29/2026452,3122,550$7.95M$7.58M$3,2810.955597
5512 SeashoreNewport Beach201609/15/2026332,3262,300$4.50M$4.25M$1,8270.9423891
221 AbaloneNewport Beach194409/30/2026452,9722,400$6.00M$6.00M$2,0171.002086
111 Via KoronNewport Beach196509/29/2026342,6752,640$5.00M$4.75M$1,7760.9519474
325 Grand CanalNewport Beach196609/28/2026442,5422,614$4.29M$4.40M$1,7311.027672
Total: 5 · Average3.64.22,565.42,500.8$5.40M$5.40M$2,126.4—116.6
Median2,542$4.75M$4.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.