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.
1220 W Bay Ave, Newport Beach, CA 92661