
Newport Beach, California 92662
This Sophisticated New Construction Waterfront Estate represents a Prime Investment Opportunity, listed at $13,995,000—positioned well below the $14,376,044 Fair Market Value by 2%. This pricing secures $381,044 in Instant Equity for a 2026 custom build. Featuring a Mint Condition Rating, the residence offers 30 feet of Bay Frontage, a Chef’s Kitchen, and a Private Elevator. Situated within the Newport Mesa Unified district, it blends modern luxury with an iconic lifestyle. This is a premier sanctuary for Luxury Homeowners or Coastal Lifestyle Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1105 N Bay Front Subject | $13,995,000* List Price | 3 | 5 | 2,389 | $6,018 | - |
A 304 S Bay Front Active | $14,950,000 List Price | 3 | 5 | 2,569 | $5,819 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 custom construction nearing completion. It features state-of-the-art systems including solar panels and a private elevator, along with a high-end chef's kitchen (Wolf/Sub-Zero) and spa-inspired bathrooms, meeting all criteria for mint condition.
Boasting 30 feet of rare bay frontage on prestigious Balboa Island, this property offers direct water access and unobstructed panoramic views of the harbor.
As a 2026 custom-built residence by Waterpointe Custom Homes, the property features state-of-the-art amenities including a private elevator, solar panels, and high-end Wolf/Sub-Zero appliances.
The third-level enclosed lounge with a wet bar and expansive covered loggia provides an elevated venue for hosting while capturing breathtaking coastal vistas.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2389, other record living area = 2193. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2550, living area = 2389.
At a list price of nearly $14 million for approximately 2,389 square feet, the property commands an exceptionally high premium that may limit the pool of qualified buyers.
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 architectural masterpiece is nearing completion with delivery anticipated in June 2026. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 4.0 | 57% |
| Square foot | 2,389 | 2,409 | 50% |
| Lot Size | 2,550 | 2,550 | 50% |
| Price | $13.99M | $5.95M | 93% |
| Price per sq ft | $5.9K | $2.5K | 93% |
| Built year | 2026 | 1965 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 133 | 14% |
May 5, 2026
$13,995,000
Initial Listing
Apr 30, 2024
$5,995,000
Public Record