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Introducing 1201 West Bay Avenue, an exceptional ground-up 2026 new construction residence on the Balboa Peninsula, thoughtfully designed to bring elevated modern architecture and effortless coastal living together in one of Newport Beach’s most coveted settings. Rarely, if ever, has a home of this caliber, design, and level of construction been offered to the market on the Peninsula. A collaborative work by Cefalia Development, ACRE Homes, and Moire Studio, every element reflects an uncompromising attention to design, craftsmanship, and detail. Offering 4,532 square feet of living space, 5 bedrooms, 4 full and 2 half baths, the home unfolds across three levels plus an expansive rooftop deck. The main level pairs honed San Sebastian limestone floors and Moroccan clay plaster walls with a chef’s kitchen featuring solid walnut cabinetry, a rounded-edge Calacatta Caldia marble waterfall island, and a complete Gaggenau 400 Series appliance suite. All five bedrooms are upstairs, including a primary suite with a masonry fireplace and spa-like bath wrapped in Calacatta Bettogli marble, with dual walnut vanities, a soaking tub, and oversized steam shower. Grohe SPA fixtures throughout, European oak flooring, solid walnut doors, Baldwin hardware, and Fleetwood windows and doors further elevate the interiors. A third-floor family room and bar lead to 1,154 square feet of rooftop deck space with an outdoor kitchen. Additional features include a 3-car garage, elevator, three-unit Bosch HVAC system, rooftop solar with battery storage, dual Bosch tankless water heaters, and three masonry fireplaces. A truly singular offering where exceptional architecture, advanced home systems, craftsmanship, and materiality come together in the heart of the Balboa Peninsula.
Listing agent: Keven Stirdivant DRE #01434793 ks@kasere.com, Listing office: Kase Real Estate
MLS data updated 10/17/2026, 2:14:14 AM PT
Source: CRMLS, MLS #: OC26217322
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 17, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$12,995,000Original asking price · Sep 17, 2026ZIP 92661 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.