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1220 West Bay Avenue, Newport Beach, CA 92661

$57.5M6bd · 8ba · 12,749 sqft
Lot 7,132 sqft•Single Family Residence•
Active
•127d on market•MLS# NP-26093046

Property Description

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.

Features & Amenities

FeeBuilt 2023

Property Details

Land Type
Fee
Year Built
2023
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Ductless, Zoned
Cooling
Ductless, Zoned
View
Bay, Harbor, Mountain(s), Ocean, Panoramic, Water
Flooring
Tile, Wood
City
Newport Beach
Zip Code
92661
County
Orange
Listed byColdwell Banker Realty, Tim Smith

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$290,751.29
Principal & Interest
Loan Amount
$46,000,000
Total Interest
$58,670,465
Total Payment Over 30 Years
$104,670,465
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 · 3 active · 0 closed

1220 West Bay Avenue, Newport Beach, CA 92661

Newport Beach · Single Family Residence

$57.5M
Luxury Tier
Beds
6
Baths
8
Sqft
12,749
Lot
7,132 sqft
Year
2023
$/Sqft
$4510
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 4-car✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $57.50M· $4,510/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $16.00M
+$41.50M (+259.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,783
+$3K (+152.9%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
21 Ridgeline DriveNewport Beach198291213,19825,200$985$12.99M13753
12 SkyridgeNewport Coast20095912,73920,459$3,061$39.00M51643
11 ShoreviewNewport Coast19947912,27819,800$1,303$16.00M31842
Total: 3 · Average7.010.012,738.33321,819.667$1,783$22.66M323.6666666666667
Median12,739$16.00M

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.