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$50,000
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Property Description
Harborfront contemporary retreat with private dock, offered fully furnished or unfurnished and featuring a gym with infrared sauna, jacuzzi, and the option of a 43' boat with captain. Set on a coveted corner lot on Balboa Peninsula, this bayfront home captures sweeping views of the turning basin, city lights, and harbor activity. Expansive sliding glass doors open to a large waterfront deck, creating seamless indoor-outdoor living.
Approximately 4,256 square feet, the residence offers a spacious great room flowing into a chef's kitchen with oversized island, marble countertops, and English Sycamore cabinetry. The main level includes a guest suite with en-suite bath, powder room, and an attached three-car garage.
The upper level is anchored by a full-width primary suite with stunning water views, fireplace, built-in workspace, and a limestone bath with soaking tub. Four additional bedrooms, two baths, and a flexible loft complete the home.
Custom finishes include maple ceilings, mahogany floors, Venetian plaster, limestone, stainless steel railings, Brazilian Blue granite, and a zinc roof. Just beyond the patio, a private pier and dock can accommodate a vessel over 50', providing immediate access to the harbor. Ideally located moments from Balboa's shops, dining, and beaches, this home delivers elevated coastal living at its finest.
Full Property Details
Full Property Details for 1042 W Bay Ave
General
- Rent: $50,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: NP25202875
- Added to Site: 269 day(s) ago
Rental Information
- Lease/Rent Term: 6 Months, Month-to-Month, Negotiable, 12 Months, Seasonal, Short Term Lease, 24 Months, Vacation Rental
Interior
- Rooms/Areas: Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
- Fireplace: Yes
- Fireplace(s): Primary Bedroom, Firepit, Outside
- Eating Areas: Dining Room, In Kitchen
- Appliances: Gas Cooktop, Microwave, Refrigerator, Freezer, Gas Oven, Dishwasher
- Furnishings: Negotiable
- Flooring: Wood, Concrete
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: Above-Ground
Exterior
- Deck/Patio: Deck
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Garage, Garage (Direct Access)
Location
- County: Orange
- Subdivision: Balboa Peninsula (Residential) (BALP)
- Driving Directions: Newport Blvd to Balboa Blvd to 11th Street to W. Bay Ave
School Information
- School District: Newport Mesa Unified
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Custom-Built
- Common Walls: No Common Walls
- Windows: Skylight(s)
- Doors: Sliding Doors
- Entry Floor Number: 1
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,256
- Sq. Ft. Source: Assessor
- Year Built: 2003
Lot Features
- Property View: Bay, City Lights, Marina, Harbor, Water, Panoramic
- Lot Size (Acres): 0.1072
- Lot Size (Sq. Ft.): 4,668
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $11.75
- Security Deposit: $59,000
- Terms: 6 Months, Month-to-Month, Negotiable, 12 Months, Seasonal, Short Term Lease, 24 Months, Vacation Rental
Disclosures and Reports
- Inclusions: Boat upon request
Schools
Schools serving 1042 W Bay Ave
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 0.3 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 0.9 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 1042 W Bay Ave
Date
Details
Price
Change
Source
5/27/2026
Sold
$50,000
-15.25%
MLS
2/25/2026
Price Reduced
$59,000
-14.49%
MLS
12/30/2025
Price Reduced
$69,000
-13.75%
MLS
10/15/2025
Listed
$80,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1042 W Bay Avenue, Newport Beach, CA 92661 (MLS# NP25202875) is a Single Family property that was sold at $50,000 on May 27, 2026. This property was listed by Hunter Jack from our Newport Beach Office.Want to learn more about 1042 W Bay Avenue? Do you have questions about finding other real estate for sale or rent in Newport Beach? You can browse all Newport Beach rentals or contact a Coldwell Banker agent to request more information.



