Newport Beach, California 92660
This Stunning Waterfront Residence is listed at $12,995,000, reflecting a stable market position relative to its $12,500,811 Fair Market Value. Featuring a Condition Rating of 3, this custom 2010 build offers a chef's kitchen, private elevator, and rooftop spa with panoramic bay views. Located within the Newport Mesa Unified district, including the highly-rated Corona Del Mar High School, the property provides an elite coastal lifestyle. With its rare subterranean living space and prime harbor frontage, this home is an ideal sanctuary for Luxury Homebuyers or Discerning Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Beacon Bay Subject | $12,995,000* List Price | 4 | 6 | 5,129 | $2,437 | - |
A 8 Beacon Bay Sold | $12,000,000 | 5 | 6 | 5,132 | $2,338 | 0.0 mi |
B 8 Linda Isle Sold | $9,725,000 | 3 | 6 | 4,196 | $2,318 | 0.2 mi |
C 701 Bayside Drive Active Under Contract | $10,880,000 List Price | 5 | 6 | 4,410 | $2,467 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2010, the property falls within the 10-20 year age bracket. It is exceptionally well-maintained and move-in ready, featuring a high-end chef's kitchen with premium Sub-Zero and Wolf appliances, modern bathrooms with a steam shower, and updated systems including zoned air conditioning and heated floors.
High School: Corona Del Mar High School (9/10).
The expansive basement level provides over 5,000 square feet of living area, a unique architectural feature that is nearly impossible to replicate under current building codes, significantly increasing the home's utility.
Boasting 40 feet of prime bay frontage on Newport Harbor’s turning basin, the property offers exceptional south-facing views and seamless indoor-outdoor coastal living via a bayfront terrace and rooftop deck.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4002, living area = 5129.
With the structure occupying the majority of the 4,002 square foot lot, there is a lack of traditional green space or yard, which may be a drawback for buyers seeking private outdoor land.
The property carries a significant association fee of $3,450, which, combined with the high list price, results in substantial ongoing ownership expenses compared to other waterfront options.
Occupying 40' of prime bay frontage along Newport Harbor's turning basin, 8 Beacon Bay enjoys sweeping south-facing views from within one of the area's most beloved waterfront communities. Spanning three levels connected by a private elevator, the residence is one of the largest in Beacon Bay — a distinction made possible by its expansive basement level, a feature that would be extraordinarily difficult, if not impossible, to recreate today. Custom built in 2010, the home offers over 5,000 square feet of living space with an intuitive floor plan designed for both everyday living and effortless entertaining. The upper level is anchored by an expansive primary suite with a sitting room, accompanied by two additional en suite bedrooms, a private office, and a dedicated laundry room. The main level is designed to maximize the waterfront setting, offering a light-filled great room that opens seamlessly to the dining area and chef's kitchen, appointed with premium Sub-Zero, Wolf, and Miele appliances, including a built-in coffee system, convection oven, microwave/speed oven, warming drawer, pot filler, and an oversized center island. A powder bath and a private en suite guest bedroom complete the main floor. The lower level serves as a true extension of the home's living space, featuring a spacious secondary family room, gym, temperature-controlled wine room, back kitchen, and a full bath with steam shower. Designed to embrace the waterfront setting, the home's outdoor living spaces include a rooftop deck with private spa and a bayfront terrace complete with a built-in barbecue, fire pit, and built-in seating for outdoor dining. Additional notable amenities include an oversized three-car garage, heated floors, zoned air conditioning, and a water filtration system. Founded in 1927, Beacon Bay remains one of Newport Beach's most distinctive residential enclaves, celebrated for its wide grass estradas and relaxed waterfront lifestyle. Residents enjoy exclusive access to private white sand beaches, boat docks and slips, tennis, basketball, playgrounds, and year-round community events that foster a true neighborhood atmosphere. Ideally situated just minutes from Fashion Island, Balboa Island, 17th Street and world-class beaches, 8 Beacon Bay offers an exceptional opportunity to enjoy one of Newport Beach's most unique and enduring waterfront communities. *Seller may consider buyer concessions if requested in an offer*
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 2.3 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 4.0 |
| Square foot | 5,129 | 2,868 |
| Lot Size | 4,002 | 6,914 |
| Price | $12.99M | $4.44M |
| Price per sq ft | $2.5K | $1.6K |
| Built year | 2010 | 1970 |
| HOA | $3450.0 | $430 |
| Days on market | 8 | 59 |
Jul 14, 2026
$12,995,000
Initial Listing