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An extraordinary opportunity awaits on the iconic Balboa Peninsula, Newport Beach's original waterfront neighborhood. Built in the 1950s, this bayfront property offers either a complete remodel or the chance to design and build a dream residence from the ground up. Set on a 35' x 109' parcel with 35 feet of waterfrontage, the property features a private pier and dock accommodating vessels up to 55 feet"”a true rarity in today's market. From this vantage point, enjoy sweeping views of Newport Harbor, the West Lido Channel, mountain silhouettes, and the sparkling city lights of Fashion Island. The backdrop is as dynamic as the lifestyle it promises. Here, land and sea come together seamlessly. Swim, sail, paddleboard, or cruise directly from your dock. Wake up to the energy of the harbor with morning crew workouts gliding across the bay, then head across the peninsula to the white sandy beaches of Balboa. The home sits conveniently between the Balboa Pier and Newport Pier, placing you in the heart of the action. Join the locals for daily runs, bike rides, or walks along the world-famous Boardwalk, where the ocean breeze and beach energy create a lifestyle unlike anywhere else. The location places you at the center of it all. A quick Duffy ride takes you to the boutique charm of Lido Village, with its waterfront dining, chic cafés, and luxury shops. Minutes away, enjoy world-class shopping at Fashion Island, effortless access to John Wayne Airport, and the vibrant nightlife of coastal Orange County. This is more than a property"”it's a lifestyle. From quiet mornings with coffee as the harbor stirs awake, to afternoons on the sand, to evenings entertaining as sailboats drift by, 1340 W. Bay Avenue delivers a rare chance to create a generational home in one of Newport Beach's most coveted settings. This site allows for new construction of a home approximately 3,650-3,750 square feet in size, with a maximum height of 29 feet across three stories.
Property Type(s):
Single Family
| Last Updated | 8/28/2025 | Tract | Balboa Peninsula (Residential) (BALP) |
|---|---|---|---|
| Year Built | 1952 | Community | NP - Balboa Peninsula |
| Garage Spaces | 2.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Free-Standing Range, Gas Oven, Microwave |
| AREA | NP - Balboa Peninsula |
| EXTERIOR | Balcony, Boat Slip, Dock |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central |
| INTERIOR | Laminate Counters |
| LOT | 3777 sq ft |
| PARKING | Attached, Garage Faces Front, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Balboa Peninsula (Residential) (BALP) |
| UTILITIES | Cable Available, Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, City Lights, Harbor, Marina, Ocean, Water |
| WATER | Public |
| WATERFRONT DESCRIPTION | Seawall |
Location
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Listed with Pacific Sotheby’s International Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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