$68 Million Waterfront Mansion In Newport Beach, CA (Photos)

Nestled in the prestigious area of Newport Beach, California, stands a newly built, modern waterfront gem at 1220 W Bay Avenue. This property is a perfect blend of luxury and contemporary design, sprawling across approximately 12,749 square feet.

Property Highlights

LOCATION: 1220 W Bay Avenue, Newport Beach, California
YEAR BUILT: 2023
PROPERTY TYPE: Single Family Home
SQUARE FOOTAGE: 12,749 Sq Ft.
LOT SIZE: 0.16 Acres
BEDROOMS & BATHROOMS: 6 bedrooms, 7 full bathrooms, 1 half bath
PRICE: $68,000,000

FINANCING:

Down Payment (20%): $13,600,000
Estimated Monthly Mortgage Payment: Approximately $361,925
(Based on a 30-year mortgage at an annual interest rate of 7%, excluding taxes and insurance)

Interior Highlights

Elegant Living Spaces: The estate boasts an open and airy layout, featuring 6 well-appointed bedrooms and 8 luxurious bathrooms. Each room is a testament to modern design and comfort.

State-of-the-Art Elevator: A custom-built, 3-stop elevator provides effortless access across all levels of the home, ensuring convenience and luxury at every turn.

Gourmet Kitchens: Two fully-equipped kitchens serve as culinary havens, complete with top-of-the-line appliances and sleek designs. Ideal for both casual family meals and grand entertaining.

Entertainment and Leisure: The home includes a multitude of entertainment options:

A cozy lounge with an integrated wet bar.
An exclusive wine cellar for the connoisseur.
A state-of-the-art home theater for movie nights.
A VR racing room for immersive gaming experiences.

Exterior and Outdoor Features

Rooftop and Patio Delights: The property features expansive balconies and a breathtaking rooftop deck, offering panoramic views of the bay. The patio area is a haven for relaxation and outdoor gatherings.

Culinary Outdoors: Equipped with two outdoor kitchens/BBQs, the estate is perfect for alfresco dining and weekend barbecues.

Luxury Leisure: The outdoor area is further enhanced with two elegant fire pits, two stunning swimming pools, and a relaxing spa, making it an ideal spot for hosting and unwinding.

Exclusive Boat Dock: Adding to its waterfront charm, the property includes a private boat dock, allowing direct access to the serene waters of Newport Beach.

Garage and More: A spacious 4-car garage provides ample space for automotive enthusiasts, ensuring that vehicles are housed as luxuriously as their owners.