This meticulously maintained 4-bedroom, 2-bath Newport Shores home offers a spacious two-story floor plan plus two outdoor living spaces, a rare combination in this close-knit beach community. Hardwood floors throughout the main floor living areas, plantation shutters, exposed wood beams, tongue-and-groove ceilings, and a wood-burning brick fireplace add warmth and character.
The flexible floor plan features an open kitchen with white cabinetry, granite countertops, stainless steel appliances, and a bright dining area that connects seamlessly to the living spaces. The main level includes a bedroom and adjacent bath with walk-in shower, while upstairs offers three additional bedrooms, including two connected by a Jack-and-Jill bath with dual sinks and granite countertops. A distinctive A-frame room adds flexibility and architectural character, making it ideal for a bonus room, playroom, home office, or creative space.
Two outdoor living areas further enhance the home’s appeal. The front patio offers privacy behind a brick wall and vinyl fencing, while the rear patio provides a shaded retreat beneath a pergola just off the kitchen, offering multiple spaces for relaxing, entertaining, and enjoying Southern California’s outdoor lifestyle.
The home has been well cared for over the years, with numerous updates and improvements throughout. Highlights include an updated kitchen and bathrooms, epoxy garage flooring, recent exterior paint, updated electrical panel, new furnace (2019), new hot water heater (2022), whole-home water softener, reverse osmosis drinking water system, termite fumigation (2025), and a 40-year roof installed approximately 20 years ago.
Nestled along a tranquil canal, Newport Shores offers a unique coastal lifestyle with exceptional amenities. Residents enjoy access to a waterfront clubhouse, lap pool, tennis and basketball courts, beach volleyball, and picnic and BBQ areas. Just across the street, the beach awaits for surfing, swimming, and sunset walks. Local favorites including Vacancy Coffee and the Frog House Surf Shop are a short walk away, while other local destinations including the harbor, Lido Marina Village, Cannery Village, and Hoag Hospital are all just minutes away. The home is located within the award-winning Newport-Mesa Unified School District.
For sale
Listed by: First Team Real Estate • Nick Skawinski • Contact: 949-310-1256
Price cut: $50K (7/31)
$2,445,000
238 Walnut St, Newport Beach, CA 92663
4beds
1,719sqft
Single Family Residence
Built in 1962
2,480 Square Feet Lot
$2,411,800 Zestimate®
$1,422/sqft
$70/mo HOA
What's special
- 87 days
- 993
- 36
Zillow last checked:
Listing updated:
Listed by:
Nick Skawinski DRE #01937449 949-310-1256,
First Team Real Estate,
Tyler Hosseini DRE #01492818,
First Team Real Estate
Source: CRMLS,MLS#: NP26125847
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bathroom, Bedroom, Kitchen, Living Room, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Jack and Jill Bath
Bathroom
- Features: Dual Sinks, Granite Counters, Tub Shower
Kitchen
- Features: Granite Counters
Heating
- Central
Cooling
- None
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator, Water Softener, Water Heater, Water Purifier
- Laundry: In Garage
Features
- Beamed Ceilings, Separate/Formal Dining Room, Granite Counters, Bedroom on Main Level, Jack and Jill Bath
- Flooring: Carpet, See Remarks, Wood
- Windows: Shutters
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,719 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door to Livingroom
- Patio & porch: Rear Porch, Brick, Front Porch, Patio, See Remarks
- Has private pool: Yes
- Pool features: Community, Heated, In Ground, Private, Association
- Spa features: None
- Fencing: Brick,Vinyl,Wood
- Waterfront features: Across the Road from Lake/Ocean, Ocean Side Of Freeway
Lot
- Size: 2,480 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 04506753
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition,Flat,Mixed,Other,Shingle
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Suburban, Sidewalks, Water Sports, Pool
- Subdivision: Newport Shores (News)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s)
- HOA fee: $70 monthly
- HOA name: Newport Shores Community Association
- HOA phone: 949-378-6200
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,422/sqft
- Tax assessed value: $673,190
- Date on market: 6/9/2026
- Cumulative days on market: 88 days
- Listing terms: Cash,Cash to New Loan
- Road surface type: Alley Paved
Estimated market value
$2,411,800
$2.29M - $2.53M
$7,685/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $2,445,000-2%$1,422/sqft |
Source: | ||
| 7/10/2026 | Price change | $2,495,000-3.9%$1,451/sqft |
Source: | ||
| 6/19/2026 | Price change | $2,595,000-2.1%$1,510/sqft |
Source: | ||
| 6/10/2026 | Listed for sale | $2,650,000+505%$1,542/sqft |
Source: | ||
| 3/6/2001 | Sold | $438,000$255/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $673,190 +2% |
| 2025 | $7,248 +1.7% | $659,991 +2% |
| 2024 | $7,128 +2.5% | $647,050 +2% |
| 2023 | $6,957 +1.8% | $634,363 +2% |
| 2022 | $6,836 +1.9% | $621,925 +2% |
| 2021 | $6,706 +1% | $609,731 +1% |
| 2020 | $6,640 | $603,479 +2% |
| 2019 | $6,640 +2.1% | $591,647 +2% |
| 2018 | $6,507 +3.9% | $580,047 +2% |
| 2017 | $6,265 | $568,674 +2% |
| 2016 | $6,265 +2.3% | $557,524 +1.5% |
| 2015 | $6,125 +3.4% | $549,150 +2% |
| 2014 | $5,921 | $538,393 +0.5% |
| 2013 | -- | $535,960 +2% |
| 2012 | -- | $525,451 +2% |
| 2011 | -- | $515,149 +0.8% |
| 2010 | -- | $511,299 -0.2% |
| 2009 | -- | $512,515 +2% |
| 2008 | -- | $502,466 +2% |
| 2007 | -- | $492,614 +2% |
| 2006 | -- | $482,955 +2% |
| 2005 | -- | $473,486 +2% |
| 2004 | -- | $464,202 +1.9% |
| 2003 | -- | $455,695 +2% |
| 2002 | -- | $446,760 +3.1% |
| 2001 | $4,492 +261.3% | $433,500 +279.7% |
| 2000 | $1,243 | $114,166 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92663
Nearby schools
Schools provided by the listing agent
- Elementary: Newport
- Middle: Ensign
- High: Newport Harbor
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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