Recently Listed Open House 5/15 11am - 2pm
1311 W Bay Avenue
Newport Beach, CA, 92661 $ 5,995,000
Bedrooms5 Baths4.0 Sq 2,629 Monthly Estimate*
$ 36,912
Listed by Coldwell Banker Realty
for $5,995,000 with 5 bedrooms and 4 full baths. This 2,629 square foot home was built in 1947 on a lot size of 0.06.
Extensively remodeled in 2021, this exceptional Balboa Peninsula duplex blends refined coastal design with thoughtful modern living just moments from the sand, bay, and Marina Park. Striking coastal-modern architecture showcases crisp white brick, expansive glass, custom steel bifold doors, black metal accents, warm wood detailing, and casement windows thoughtfully designed to maximize natural light and ocean breezes throughout. Inside, both residences feature 9-inch-wide DuChâteau Atelier hardwood flooring, custom beadboard and wainscoting, Serena & Lily wallpaper accents, custom built-ins, and designer lighting. The lower residence spans approximately 1,343 square feet with two bedrooms and two full bathrooms, while the approximately 1,286-square-foot upper residence features three bedrooms, two full bathrooms, and a spacious covered entertaining deck complete with custom shade structure, gas and water hookups, and seamless indoor-outdoor flow. Multiple fireplaces, custom media cabinetry, motorized Hunter Douglas shades, integrated smart home features, and custom built-in elements further elevate the living experience throughout both units. Both kitchen and bath spaces have been extensively customized with premium finishes and designer materials, including Thermador appliances, quartzite and quartz countertops, handcrafted zellige tile, Rohl and Hansgrohe fixtures, Toto toilets, custom vanities, and curated selections from Walker Zanger, Tabarka Studio, Artistic Tile, and Mosaic House. Additional highlights include separate LG mini-split HVAC systems with individualized climate control throughout living spaces and bedrooms, Kolbe windows and doors throughout, integrated security and leak detection systems, EV charging infrastructure, an attached two-car garage with epoxy flooring and custom cabinetry, and a covered three-car carport — an exceptionally rare amenity on the Peninsula. Located moments from the beach, bayfront recreation, the Fun Zone, local cafés, restaurants, and waterfront activities, this exceptional property offers a rare combination of lifestyle, versatility, and long-term value in one of Newport Beach’s most desirable coastal communities. Whether envisioned as a refined owner-user residence with supplemental income potential, a multi-generational beach retreat, or a turnkey investment opportunity, this extensively remodeled duplex captures the essence of elevated Peninsula living.
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Open House
5/15/2026 11:00 AM - 2:00 PM
5/16/2026 1:00 PM - 4:00 PM
1311 W Bay Avenue Newport Beach, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 2629
Sewer Public Sewer
Heating Ductless Zoned
Cooling Ductless Zoned
Appliances 6 Burner Stove Dishwasher Freezer Gas Cooktop Gas Oven Refrigerator Range Hood
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Covered Front Porch Patio Porch
Pool Features None
Year Built 1947
Electric Standard
View Bay Peek-A-Boo
Stories Count 2
Levels Two
Property Subtype Duplex
Waterfront Features Ocean Side Of Freeway Ocean Side Of Highway
Community Features Sidewalks
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Balboa Peninsula (Residential) (BALP)
Garage Y/N true
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions W Balboa Blvd to 13th St to W Bay
City Newport Beach
Entry Location 1
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 2
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 2614
Carport Spaces 3
Carport Y/N true
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Duplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 10
Property Sub Type Additional Duplex
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InteriorInterior Amenities Breakfast Bar Built-in Features Balcony Ceiling Fan(s) Crown Molding Eat-in Kitchen Paneling/Wainscoting Quartz Counters Stone Counters Recessed Lighting Smart Home Wired for Data Bedroom on Main Level Main Level Primary
Flooring Carpet Wood
Fireplace Features Living Room
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Casement Window(s) Custom Covering(s)
Fireplace Y/N true
Laundry Features In Garage
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 4
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ExteriorExterior Amenities Lighting Rain Gutters
Parking Features Covered Carport Direct Access Garage Garage Faces Rear
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 5
Lot Size Area 2614
Spa false
Lot Size Acres 0.06
Road Surface Type Paved
Private Pool false
Lot Size Source Plans
Door Features Sliding Doors
Road Frontage Type City Street
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
tim@timsmithgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $36,912
- Monthly Property Taxes
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- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Newport Beach, CA
Average List Price $5,318,209
Percent of Sale Price 11%
About Newport Beach, CA 87,617 Population
11% Since 2002
$ 123,504 Median Income
45.15 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/12/2026 | $5,995,000 | | Listed Price |