1207 N Bay Front, Newport Beach, California 92662, Newport Beach, 92662 - 2 bed, 2 bath

1207 N Bay Front
Newport Beach, California 92662
Property Price
SUMMARY
Analysis of 1207 N Bay Front, Newport Beach, California 92662 is currently available with a list price of $7,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
This 1932 original residence is marketed primarily for its land value and premier waterfront location. With only 992 square feet of living space and a $7.5M price tag, the property is positioned as a redevelopment opportunity. The listing's reliance on AI-generated 'possibility' videos and the mention of the home being in the same family for 80 years suggest the structure and systems are obsolete, with the value residing in the lot and private dock.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Waterfront Location
Situated on the coveted 1200 block of North Bayfront, this property offers direct harbor access and front-row views of the Newport Beach Christmas Boat Parade.
- Private Docking Facilities
The property includes a rare private dock with a finger slip and two side ties, providing exceptional flexibility for multiple watercraft and harbor cruising.
- Historical Significance & Potential
As one of the island's original 1912 residences held by the same family for 80 years, it offers a unique opportunity for historical preservation or high-end redevelopment on a 2,550 sqft lot.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- High Price per Square Foot
At a $7.5M list price for only 992 square feet of living space, the value is almost entirely in the land and dock, representing a significant investment for the current structure size.
- Dated Infrastructure
With the original structure dating back to 1912 and 1932, the home likely requires extensive modernization or a complete rebuild to meet modern luxury living standards.
About 1207 N Bay Front
This iconic Balboa Island waterfront home with a private dock is one of the Island’s original residences. Cherished by this family for over 80 years, it stands as a rare and meaningful piece of local history. Originally built in 1912, the home was thoughtfully relocated to its current site and added onto in the mid 1920's. Over time, it has been expanded and refined to meet the evolving needs of modern living while preserving its timeless character. Ideally located in the coveted 1200 block of North Bayfront, the property is just moments from the Village, known for its charming boutiques and exceptional dining. Balboa Island offers a warm, welcoming, and highly walkable community enjoyed by residents of all ages. The private dock features a finger slip, two side ties, and generous square footage, offering flexibility to reconfigure the float to suit your boating needs. Catalina Island is approximately 26 miles away—perfect for an effortless weekend escape—or cruise the harbor in your own Duffy and experience all the beauty Newport Harbor has to offer. The North Bayfront beach is ideal for swimming, sailing, and stand-up paddleboarding. From your front patio, enjoy a front-row seat to several annual boat parades, including the world-renowned Newport Beach Christmas Boat Parade. Centrally located near premier shopping, performing arts venues, and respected medical institutions such as Hoag Hospital, City of Hope, and the impressive new UCI Medical Center, this home offers both charm and convenience. Whether you envision full-time island living or a treasured coastal retreat, this is a rare opportunity to own and preserve a remarkable piece of Balboa Island history—ready to be enjoyed for generations to come. Oh, the possibilities! (The video presented is produced by AI to show the possibilities of what could be and not what is)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1932
- Lot Size
- 2,550 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 992 | 2,049.5 | 5% |
| Lot Size | 2,550 | 2,550 | 50% |
| Price | $7.50M | $4.46M | 82% |
| Price per sq ft | $7.6K | $2.3K | 95% |
| Built year | 1932 | 1958 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 195 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$7,500,000
Initial Listing


















