
Newport Beach, California 92662
Analysis of 323 E Bay Front, Newport Beach, California 92662 is currently available with a list price of $8,499,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
This 1937 coastal cottage is well-maintained and charming, but shows clear signs of being outdated. The kitchen features older raised-panel cabinetry, dated tile backsplashes, and mid-range appliances that likely haven't been updated in 15-20 years. While the home is functional and livable, the overall style, vintage electrical/fixtures, and aged structural components meet the 'fair' criteria for a property that has been maintained through regular upkeep rather than a recent comprehensive renovation.
Situated on the highly coveted Little Balboa Island, this property offers direct harbor views and immediate access to the scenic boardwalk and waterfront lifestyle.
The home includes a private boat dock capable of accommodating an approximately 50-foot vessel plus a Duffy, a rare and high-value asset in Newport Harbor.
Available for the first time in decades, this legacy property presents a unique opportunity to acquire a prime piece of real estate in one of Newport Beach's most exclusive enclaves.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 2250. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1652, other record living area = 1379.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2178, living area = 1652.
Built in 1937, the home may require substantial modernization, repairs, or a complete rebuild to meet the standards and expectations of contemporary luxury buyers.
Available for the first time in decades, 323 E. Bayfront presents a rare opportunity to own a coveted bayfront home on picturesque “Little Balboa Island.” This charming coastal cottage offers 2 bedrooms plus a versatile loft, 2 bathrooms, and approximately 1,600 square feet of thoughtfully designed living space. Upon entering through the inviting double Dutch doors, you’re immediately struck by the home’s warmth, character, and abundance of natural light. The living area opens seamlessly through elegant French doors to a spacious red brick patio—perfect for entertaining or relaxing while enjoying tranquil harbor views. Just beyond, a private boat dock accommodates an approximately 50-foot vessel as well as a Duffy, with an adjacent shore mooring also available (not included). The well-appointed kitchen flows effortlessly into the dining area, where stunning water views create an exceptional everyday dining experience. Two bedrooms and two bathrooms are conveniently located on the main level, while the upstairs loft offers flexible use as a third bedroom, office, or den. Step out the Bayfront doors to the scenic boardwalk and embrace the quintessential waterfront lifestyle—boating, paddleboarding, and sailing just moments away. Ideally situated on one of the island’s most desirable streets, this exceptional home is also just minutes from pristine beaches, Fashion Island, and the charming shops and dining along Marine Avenue.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 1,652 | 2,078 | 35% |
| Lot Size | 2,178 | 2,550 | 12% |
| Price | $8.50M | $4.88M | 88% |
| Price per sq ft | $5.1K | $2.3K | 94% |
| Built year | 1937 | 1952 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 208 | 18% |
Apr 14, 2026
$8,499,000
Initial Listing