Newport Beach - Beach Property For Sale #1337069

Historic Bay Island's northwestern point is the location of this landmark Craftsman-style, bay front home, on two buildable lots with 110' of waterfrontage, complete with a private pier and boat dock for a 72' yacht and 54' side-tie. Accessed by a private bridge from the Balboa Peninsula, Bay Island, the harbors only natural Island, originally began as a "gun club" in 1903; where its earliest owners shot ducks from its shores. Today, Bay Island is one of Newport Beach's most exclusive addresses - a private 5.5 acre sanctuary of 23 waterfront homes that commonly own a tennis court, parking structure, wide sandy beach, grassy lawns, mature trees, and lush botanical and cutting gardens. 25 and 26 Bay Island, are two of the island's largest lots and the current home is the only with a private swimming pool. The lots are adjacent to the island's waterfront park and feature spectacular views of the Turning basin, snow-covered San Bernardino mountains, Balboa shoreline, evening sunsets, and Newport Harbor Yacht Club's mooring field. One of Southern California's most gracious locations, this legacy property, available for the first time in over 76 years, is a once in a lifetime opportunity of ownership. - Live in the home "as-is," remodel or redevelop potentially one or two new homes. Per Bay Island Club, lot 25 is 4,548 square feet and can accommodate a home to 8,475 square feet; and lot 26 is 3,628 square feet and can accommodate a new home of 5,650 square feet.