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Duplex with Direct Beach Access
For Sale
$8,999,000

1011 N Bay Front, Newport Beach, CA 92662

MULTI_FAMILY - Newport Beach, CA

Property Size2,909 SF
Lot Size0.06 Acres
Price / SF$3,093
Days on Market117

Property Features for 1011 N Bay Front

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 6
Full bathrooms 3
Half bathrooms 1
Rooms Laundry Room, Bedroom 4, Bathroom 6, Bedroom 3, Living Room, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2
Parking 4
Parking features Garage
Patio and Porch features Patio
Interior features 2 Staircases
Exterior features Awning(s)
Fireplace 1
Subdivision Balboa Island - Main Island (BALM)
Lot features Corner Lot, 0-1 Unit/ Acre
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions main cross steets are balboa and apolena
Standard status Active
APN 05013101
Size 2,909 SF
Lot size 0.06 Acres

Utilities

Sewer type Public Sewer
Cooling system Zoned, Central Air
Water source Public

Amenities

direct beach access
bayfront patio

Building Details

Year built 1972
Floors in Building 2
Number of units 2
Flooring type Vinyl, Wood
Roof type Composition
Listing Agency: Balboa Island Estates
Listed By: Lucas Kinney · License #01946207
Added: Apr 22 Changed: Aug 15 Last Checked: Aug 16 at 7:06AM
MLS# PW26082039

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

1011 N Bayfront is a waterfront duplex on a corner lot, configured with front and rear units that provide unobstructed water views from both sides. The bayfront patio opens directly onto the sand, offering direct beach access, and the property is described as capturing abundant natural light. Currently set up as a duplex, it has two active short-term rental permits.

The home includes a lower level with newly refinished hardwood flooring and a kitchen with wraparound granite countertops and lacquer cabinetry, along with 2 staircases. The upper living space features vinyl plank flooring and includes three bedrooms, each with an en suite bathroom, with the primary suite positioned directly over the water. The rear unit is described as having dramatic vaulted ceilings and oversized windows. A loft-style bedroom layout adds volume.

Additional features include an awning, a patio, and a fireplace. Cooling is zoned with central air. The property was built in 1972 and is served by public water and public sewer, with a composition roof. Conversion flexibility is described as possible into a 5-bedroom single-family home with a 4-car garage.

Key Highlights

  • Bayfront patio opens directly onto the sand for direct beach access
  • Currently configured as a duplex with two active short‑term rental permits
  • Corner lot with unobstructed water views from both front and rear units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Barber Shop Auto Parts Store Plumbing Service Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby

Demographics for 92662, CA

2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex configured for two short-term rentals with a patio that opens onto the sand and unobstructed front and rear harbor views.
Where is this duplex located?
The property is located at 1011 N Bay Front Newport Beach, CA.
What is the asking price?
The asking price for this property is $8,999,000.
What are key features of this property?
This property features: Bayfront patio opens directly onto the sand for direct beach access; Currently configured as a duplex with two active short‑term rental permits; Corner lot with unobstructed water views from both front and rear units
More about this property
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