
Newport Beach, California 92662
This Custom Waterfront Masterpiece is a Prime Investment Opportunity, listed at $12,995,000—positioned well below the $13,642,282 Fair Market Value by 4%. This valuation gap offers $647,282 in Instant Equity. The Move-in Ready residence maintains a Mint Condition Rating, featuring sweeping bay views, a three-level elevator, and a rooftop loggia. Situated within the Newport Mesa Unified district, this lifestyle asset balances architectural prestige with immediate ROI potential. This is an ideal acquisition for Owner-Occupants or Luxury Real Estate Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 409 North Bayfront Subject | $12,995,000* List Price | 3 | 5 | 2,429 | $5,616 | - |
A 304 S Bay Front Active | $14,950,000 List Price | 3 | 5 | 2,569 | $5,819 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this custom-designed home is less than 10 years old and in mint condition. It features ultra-modern kitchen and bathrooms with premium finishes, smart home systems (Control4), and high-end architectural details throughout.
Positioned on the prestigious North Bayfront, this custom Brandon Architects-designed home offers unparalleled bay views and seamless indoor-outdoor living with high-end architectural finishes.
The residence features a three-level elevator with a unique glass ceiling, integrated Control4 smart home technology, and a third-story entertainment loggia equipped with a kitchenette.
The primary suite serves as a true sanctuary with a private waterfront balcony, dual designer bathrooms, and extensive custom California Closets built-ins.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2912, other record lot size in square feet = 2731. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2429, other record living area = 2713.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2912, living area = 2429.
At nearly $13 million for 2,429 square feet, the property commands an exceptionally high price per square foot that may limit the pool of qualified buyers.
Rare opportunity to own an incredible custom home in one of the most sought after locations on Balboa Island, positioned along North Bayfront with sweeping Bay views and seamless indoor outdoor living throughout. This spectacular custom home was designed by Brandon Architects, as well as Tiffany Harris Design. A spacious front patio with fireplace and custom stonework opens to sliding bifold doors and an expansive great room, where the custom stonework seamlessly carries from the exterior into the interior, creating a cohesive architectural feel across the main living spaces and fireplace. The great room flows into a dining area and a well appointed kitchen with a large island, bar seating, premium appliances, and a dedicated wine pantry, all oriented toward the water. The second level offers two guest bedrooms, a bath, and a laundry room, while the primary suite is set apart as a true retreat with a private waterfront balcony, fireplace, and wide opening glass doors that bring the Bay directly into the space. The suite is complemented by two stunning bathrooms, including one with a soaking tub, walk-in shower, toilet, and generous walk-in closet with custom California Closets built-ins, and a second bathroom with its own shower, toilet, and custom California Closets built-in wardrobe storage. The third level is designed for entertaining, featuring a covered loggia with kitchenette and seating area, along with an open deck with fireplace, all positioned to take in expansive views of the Bay and beyond. Additional features include elevator access to all three levels, highlighted by a unique glass ceiling and skylight that create a dramatic elevator experience, integrated Control4 audio and smart lighting throughout, and a two-car garage, offering a rare combination of scale, design, and premier Island living.
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 | 2,429 | 2,429 | 50% |
| Lot Size | 2,912 | 2,550 | 79% |
| Price | $12.99M | $5.95M | 93% |
| Price per sq ft | $5.3K | $2.5K | 93% |
| Built year | 2019 | 1965 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 133 | 14% |
Apr 28, 2026
$12,995,000
Initial Listing
Aug 11, 2016
$3,850,000
Public Record