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1515 East Bay Avenue is a rare opportunity to enjoy your own personal paradise in the coveted Peninsula Point neighborhood of Newport Beach. The offering boasts an oversized 45-foot bayfront lot, plus 3 additional lots behind the main property, which are currently situated as garages, a grassy lawn, and a private paddle tennis court. Designed by renowned celebrity architect Paul R. Williams, the home offers an extraordinary blending of indoor and outdoor areas and thoughtfully designed, light-filled living spaces. Embracing its coastal location, nearly every room in the home features a view of the harbor. The living and dining rooms open up to a spacious covered patio and manicured rear grounds, providing the ideal environment from which to view and join in the waterfront activities. Equipped with state-of-the-art appliances, exquisite tiled backsplashes, and a view of the harbor, the kitchen is worthy of even the most discerning home chef. Upstairs, the master suite features a connected sitting area and office, an en suite spa-inspired master bathroom, and a dual set of French doors that open to a deck overlooking the water. The best of both worlds, this home offers a coveted bayfront peninsula location, yet is only minutes from some of California’s best world-class dining and shopping. The main house alone would be an exceptional offering; combined with the 3 additional recreation lots, this estate is in a league of its own. Some opportunities truly are once-in-a-lifetime.
Listing agent: Kimberly Bibb DRE #01210754 kbibb10@gmail.com, Listing office: Villa Real Estate
MLS data updated 10/31/2026, 10:17:15 PM PT
Source: CRMLS, MLS #: NP20200111
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 28, 2020
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
No recordNo property-price record in this range.ZIP 92661 · Nov 2026
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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.