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302 S Bay FrontNewport Beach, CA 92662

For Sale

$7,500,000

Smart Buyer Rebate $75,000

Amazing views from this wonderful South Bayfront Duplex on beautiful Balboa Island!!! From both units you can see up and down the Harbor from the Pavilion to the turning basin.. With in two blocks to the ferry crossing and all the restaurants offered on the peninsula not to mention the wonderful restaurants on our coveted Marine and Agate Avenues. Very walkable Island with community that is hard to find these days! Quaint down town area (Marine Avenue) with two blocks of mom and pop stores and a market to boot. or cross the main bridge and find yourself in Fashion Island or at the Performing Art Center or better yet John Wayne Airport. All within an eight mile radius! Fabulous sunsets from your living-room! Highly ranked schools close by and great programs to teach your children sailing, lifeguarding, marshal arts and even acting! Something for everyone. Whether you are a part time residence or want to build your waterfront dream home, this is the location for you! Downstairs is 3 bedrooms and 2 baths and upstairs is 4 bedrooms and 3 baths. Both units have a covered carport and the downstairs unit has electric car charging in the carport. Upper unit has a nice size storage unit in the carport. Each unit has their own laundry area.

Listed by Marlys Vasterling

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License #00889533

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Lora Vance, Realtor

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marlys@loravance.com

Last updated January 29, 2026

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Source: CRMLS #NP26016368

Listing Facts

  • TypeMulti-family
  • NeighborhoodBalboa Island
  • Bedrooms7
  • Bathrooms2
  • Days on Prevu7
  • Size2,926 sqft
  • Price per sqft$2,563

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

01/22/2026
Listed by Lora Vance, Realtor
$7,500,000

Property Details for 302 S Bay Front

Association

Amenities

  • Community Features: Biking, Curbs, Fishing, Golf, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Duplex
  • Year Built: 1979
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: side

Features

  • Fencing: Block
  • Patio And Porch Features: Patio
  • View: Bay, Harbor, Marina, Water
  • Waterfront Features: Beach Access, Beach Front, Bayfront, Seawall

Measurements

  • Lot Features: Sprinklers In Front, Rectangular Lot
  • Lot Size Acres: 0.06
  • Lot Size Area: 2,614
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,614
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 05004212

Interior

Features

  • Appliances: Dishwasher, Electric Range, Gas Cooktop, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Water Heater
  • Fireplace Features: Family Room, Gas
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile
  • Interior Features: Beamed Ceilings, Balcony, Granite Counters, Multiple Staircases, Stone Counters, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, All Bedrooms Down, Walk-In Closet(s)

Measurements

  • Living Area: 2,926
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 3
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Other

Location

  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Tax Block: 5
  • Tax Lot: 2

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached Carport, Off Street
  • Parking Total: 2

Schools

High School

  • High School: Corona Del Mar
  • High School District: Newport Mesa Unified

Middle or Junior School

  • Middle Or Junior School: Corona Del Mar

Utilities

Equipment

  • Electric: Electricity - On Property
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Sewer: Sewer Tap Paid
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 2 bathrooms in this multi-family home at 302 S Bay Front.

What schools are nearby to 302 S Bay Front?

Nearby schools include the Corona Del Mar Middle School and Corona Del Mar High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 302 S Bay Front.

How does 302 S Bay Front compare to other multi-family homes in Balboa Island?

This multi-family home is listed 48% above the average price for multi-family homes in Balboa Island and has been on the market for 109 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,926 sqft.

302 S Bay Front is a 7-bedroom, 2-bath multi-family home for sale in Newport Beach CA 92662. Listed on Prevu for 7 days at $7,500,000. This property features 2,926 square feet of living space, located in Balboa Island. The median listing price for multi-family homes in this area is $4,299,500. Nearby schools include Corona Del Mar Middle School and Corona Del Mar High School. Additional amenities include private outdoor space, dishwasher, and parking. Browse more multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.