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Perhaps the most exclusive real estate in Newport Harbor, Harbor Island overlooks the main bay and turning basin. There are only 34 homes on tNewport Beach Harbor Island Real Estatehe island, all bayfronts, and over the years has been home to Hollywood stars, music industry titans, ambassadors, Fortune 50 CEO’s and even a few billionaires. Homes boast mature trees and lawns sloping down to the bay where private yachts are moored.