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Harbor home in Newport Beach sells for $23M

Cape Cod-style house comes with enough dock space to tie up two yachts

Patterson Custom Home's Andrew Patterson with 2209 Bayside Drive
Patterson Custom Home's Andrew Patterson with 2209 Bayside Drive (Compass, Patterson Custom Homes, Getty)

Patterson Custom Homes has sold a new dockside house in Newport Beach for $23 million, or $3.9 million below its highest asking price.

The developer, based in the city, sold the two-story Cape Cod-style house at 2209 Bayside Drive, the Orange County Business Journal reported. The buyer was undisclosed.

The five-bedroom, nine-bathroom home south of the Balboa Yacht Club hit the market early last year when it was under construction, asking a high of $26.9 million in June, according to Compass.

Brokers Janelle File and Brandon Goethals of Compass held the listing. Broker Jeff Cefalia of Cefalia Real Estate represented the buyer.

The 8,300-square-foot home, designed by Brandon Architects of Costa Mesa, sits on a third of an acre and shares the longest private deep-water dock on the West Coast, capable of tying up a 75-foot yacht and a 100-foot yacht.

Its main floor has a two-story atrium, elevator and gym, while the second floor features a master suite that spans the entire width of the home. There’s a chef-inspired kitchen, butler’s pantry, theater room and wine cellar.

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Outside, there’s an infinity pool and spa, a rooftop deck with wide views and a 2,800-square-foot garage.

The $23 million deal represents a near-record price for the Newport Beach neighborhood, and the priciest sale in Corona del Mar this year. Two weeks before the Bayside sale, a 7,000-square-foot home a half a mile away at 2724 Ocean Boulevard sold for $20.8 million, up from $13 million in 2018.

In May, a nearly 8,000-square-foot home at 3620 Ocean Boulevard hit the market for $22.5 million.

The priciest reported home sale in Corona del Mar was in 2020, when a 13,000-square-foot estate at 101 Shorecliff Road sold for $25 million. The second priciest sale was a 7,055-square-foot home at 3725 Ocean Boulevard that sold last year for $24 million.

Newport Beach has recently attracted celebrity Beverly Hills real estate agents, known for their reality-TV lifestyles. The reward is clear: Fat commissions if the OC coast can turn from an upscale-but-provincial region into a luxe market to go gable-to-gable with Malibu and Beverly Hills.

— Dana Bartholomew

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Luxury Real EstateNewport Beach