Gay Proud, a Coldwell Banker Global Luxury Property Specialist affiliated with the Balboa Island office of Coldwell Banker Residential Brokerage, has listed a bayfront Newport Beach property for $6,295,000. Located at 1502 S Bay Front in Newport Beach, Calif., the four-bedroom, five-bathroom and approximately 2893-square-foot home is on an approximately 2,550-square-foot lot.
“This is truly a once in a lifetime opportunity,” said Proud. “Located on Balboa Island's Gold Coast, this Little Island property is offered for the first time in nearly 50 years. Only 18 homes populate this very exclusive stretch of South Bay Front and rarely are any offered for sale.”
Originally built as a duplex, the property has since been used as a single family home with two kitchens, four bedrooms, five bathrooms and a two-car garage. Facing bay and beachfront, this property is one parcel off Grand Canal with water views on one of the widest parts of Newport Harbor. With easy access on and off the island, the Gold Coast is where legacy properties are held by families for generations, providing more privacy and less foot traffic than other parts of Balboa Island.
Coldwell Banker Residential Brokerage, the No. 1 residential real estate brokerage in Southern California, operates approximately 75 offices with approximately 4,480 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company. For more information, please visit ColdwellBankerHomes.com. CalRE# 00616212