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

1011 N Bay Front, Newport Beach, CA 92662

Newport Beach, CA

Property Size2,909 SF
Lot Size0.06 Acres
Price / SF$3,093
Days on Market131

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 Bathroom 4, Bedroom 3, Living Room, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 5, Laundry Room, Bathroom 3, Bedroom 1
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

Building Details

Year built 1972
Floors in Building 2
Number of units 2
Flooring type Wood, Vinyl
Roof type Composition
Listing Agency: Balboa Island Estates
Listed By: Lucas Kinney · License #01946207
Added: Apr 22 Changed: Aug 25 Last Checked: Aug 30 at 4:06AM
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.

This 2,909-square-foot duplex sits on a 0.06-acre corner lot with water views from both units. The bayfront patio opens directly onto the sand, while the existing layout includes a lower-level kitchen with wraparound granite counters, lacquer cabinetry, and refinished hardwood flooring. The upper living areas feature vinyl plank flooring, three bedrooms with en suite bathrooms, vaulted ceilings, and oversized windows. Central air, zoned cooling, a garage, public water, and public sewer are also in place.

The property is configured with two active short-term rental permits and is described as convertible to a five-bedroom single-family residence with a four-car garage. A primary suite positioned over the water captures harbor views, and the rear unit includes loft-style bedrooms. Built in 1972, the property also includes a fireplace, patio, awning, composition roof, and two staircases.

Key Highlights

  • 2,909‑square‑foot duplex on a 0.06‑acre corner lot
  • Bayfront patio opens directly onto the sand
  • Two active short‑term rental permits

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 - Two active short-term rental permits support the current duplex configuration.
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: 2,909‑square‑foot duplex on a 0.06‑acre corner lot; Bayfront patio opens directly onto the sand; Two active short‑term rental permits
More about this property
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