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1011 N Bay Front1 / 50 · Click to zoom

About this home

Located on the prestigious bayfront of Balboa Island, 1011 N Bayfront presents a rare opportunity to own a premier waterfront property with direct beach access and panoramic harbor views. Positioned on a coveted corner lot, this exceptional residence captures abundant natural light and delivers unobstructed water views from both the front and rear units. Currently configured as a duplex with two active short-term rental permits, the property offers immediate income potential while maintaining the flexibility to be seamlessly converted into a spacious 5-bedroom single-family home with a 4 car garage. The bayfront patio opens directly onto the sand, creating an ideal setting for entertaining, relaxing, and enjoying the quintessential coastal lifestyle. Inside, the lower level features newly refinished hardwood flooring, leading into a well-appointed kitchen with expansive wraparound granite countertops and sleek lacquer cabinetry. Upstairs, the living space transitions to durable vinyl plank flooring and includes three generously sized bedrooms, each with en suite bathrooms. The primary suite is positioned directly over the water, offering breathtaking, uninterrupted harbor views. The rear unit showcases dramatic vaulted ceilings and oversized windows, creating a bright, open atmosphere that fully embraces the waterfront setting. Loft-style bedrooms enhance the sense of volume and architectural character.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneAE / High Risk
🏷 Last sold$1,300,000 · Apr 1997
📋 Assessed value$2,117,316
💵 Annual tax$25,427
🏫 School districtNewport-Mesa Unified School District

MLS #PW26082039MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone AO — high flood risk (insurance typically required)

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$56,378
Principal & interest$45,504
Property tax$8,249
Home insurance$2,625
Down payment: $1,799,800Loan: $7,199,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.