Skip main navigation
For salePrice cut: $100K (7/22)
$2,850,000
5beds
2,546sqft

331 Walnut St, Newport Beach, CA 92663

5beds
2,546sqft
Single family residence
Built in 1962
2,480 sqft
2 Attached garage spaces
$1,119 price/sqft
$55/mo HOA

What's special

Newport Shores - Positioned in West Newport Beach, this five-bedroom, five-and-one-half-bath residence offers a rare opportunity to live the Southern California coastal lifestyle steps from the sand. Thoughtfully updated throughout, the home delivers generous living spaces, refined finishes, and a versatile floor plan designed for both everyday living and effortless entertaining. At its center, a remodeled kitchen features quartz countertops, an expansive island, custom cabinetry, and a professional six-burner gas range. The kitchen opens directly into the family room and dining area beneath soaring ceilings appointed with crown molding, wainscoting, and skylights that invite coastal light through every hour of the day. A main-level bedroom suite provides ideal accommodations for guests, extended family, or multigenerational living. Upstairs, the primary suite serves as a private retreat complete with a soaking tub, and a separate shower. Three additional bedroom suites each offer remodeled baths, while an expansive bonus room, and secondary staircase provide a level of flexibility rarely found within Newport Shores. The home is designed to embrace Newport Beach's year-round coastal climate. Multiple outdoor living areas include a covered patio, open terrace, and a rooftop deck capturing panoramic views, coastal breezes, sunsets, and city lights. Additional appointments include double-pane windows, custom window coverings, and an attached two-car garage with guest parking nearby. Residents of Newport Shores enjoy a unique access to an exceptional collection of community amenities, including a heated pool, clubhouse, recreation room, pickleball and tennis courts, sport courts, playground, barbecue and picnic areas, and canal access for paddleboarding, kayaking, fishing, and a variety of waterfront activities.

420 days
|
1,139
|
46
|
Source: CRMLS,MLS#: PW26120563MLS LogoOriginating MLS: California Regional MLS
Travel times

Living Room

Kitchen

Rooftop Deck

Zillow last checked:

Listing updated:

Listed by:

Victor Vasu DRE #01015709 949-677-5268,

Pacific Sotheby's International Realty,

Sean Stanfield DRE #01024996 714-421-3377,

Pacific Sotheby's Int'l Realty

Source: CRMLS,MLS#: PW26120563MLS LogoOriginating MLS: California Regional MLS

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1
Rooms
  • Room types: Bonus Room, Bedroom, Center Hall, Entry/Foyer, Family Room, Great Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
  • Features: Primary Suite
Bedroom
  • Features: Bedroom on Main Level
Bathroom
  • Features: Bathroom Exhaust Fan, Bathtub, Granite Counters, Stone Counters, Remodeled, Soaking Tub, Separate Shower, Upgraded, Walk-In Shower
Family room
  • Features: Separate Family Room
Kitchen
  • Features: Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Quartz Counters, Stone Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Heating
  • Central, Natural Gas
Cooling
  • Central Air
Appliances
  • Included: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
  • Laundry: Inside, In Garage
Features
  • Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Chair Rail, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, High Ceilings, Multiple Staircases, Open Floorplan, Paneling/Wainscoting, Quartz Counters, Stone Counters, Recessed Lighting, Two Story Ceilings, Bedroom on Main Level, Primary Suite
  • Flooring: Carpet, Stone
  • Doors: Sliding Doors
  • Windows: Double Pane Windows
  • Has fireplace: Yes
  • Fireplace features: Gas Starter, Living Room
  • Common walls with other units/homes: No Common Walls
Interior area
  • Total interior livable area: 2,546 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Direct Access, Door-Single, Garage
  • Attached garage spaces: 2
Accessibility
  • Accessibility features: Safe Emergency Egress from Home, Accessible Doors
Features
  • Levels: Two
  • Stories: 2
  • Entry location: Ground
  • Patio & porch: Deck, Lanai, Rooftop, Terrace
  • Exterior features: Lighting
  • Pool features: Fenced, In Ground, Association
  • Has spa: Yes
  • Spa features: Association
  • Fencing: Wood
  • Has view: Yes
  • View description: Catalina, City Lights, Mountain(s), Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Across the Road from Lake/Ocean
Lot
  • Size: 2,480 Square Feet
  • Features: Level, Street Level, Zero Lot Line
Details
  • Parcel number: 04506536
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subtype: Single Family Residence
Materials
  • Drywall, Stucco
  • Foundation: Slab
  • Roof: Composition
Condition
  • Updated/Remodeled,Turnkey
  • New construction: No
  • Year built: 1962

Utilities & green energy

  • Electric: Standard
  • Sewer: Public Sewer
  • Water: Public
  • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community
  • Features: Biking, Curbs, Fishing, Street Lights, Sidewalks, Water Sports
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision: Newport Shores (News)
HOA
  • Has HOA: Yes
  • Amenities included: Sport Court, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • HOA fee: $55 monthly
  • HOA name: Call
  • HOA phone: 949-677-5268
Location
  • Region: Newport Beach

Financial & listing details

  • Price per square foot: $1,119/sqft
  • Tax assessed value: $1,798,563
  • Date on market: 6/5/2026
  • Cumulative days on market: 421 days
  • Listing terms: Cash,Cash to Existing Loan,Conventional
  • Road surface type: Paved

Price history

DateEventPrice
7/22/2026Price change$2,850,000-3.4%$1,119/sqft
Source: CRMLS #PW26120563 Report a problem
6/5/2026Listed for sale$2,950,000-1.5%$1,159/sqft
Source: CRMLS #PW26120563 Report a problem
8/3/2023Listing removed--
Source: bridgeMLS/CCAR/Bay East AOR #CRNP23037145 Report a problem
6/5/2023Listed for sale$2,995,000+110.2%$1,176/sqft
Source: bridgeMLS/CCAR/Bay East AOR #CRNP23037145 Report a problem
4/3/2009Listing removed$1,425,000$560/sqft
Source: Listhub #U8004033 Report a problem
9/28/2008Listed for sale$1,425,000+12.6%$560/sqft
Source: Listhub #U8004033 Report a problem
2/18/2005Sold$1,265,000+251.4%$497/sqft
Source: Public Record Report a problem
10/19/1999Sold$360,000$141/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2026-- $1,798,563 +2%
2025$18,880 +1.6%$1,763,298 +2%
2024$18,582 +2.4%$1,728,724 +2%
2023$18,147 +1.7%$1,694,828 +2%
2022$17,845 +1.9%$1,661,597 +2%
2021$17,504 +1%$1,629,017 +1%
2020$17,335 $1,612,314 +2%
2019$17,335 +2.1%$1,580,700 +2%
2018$16,978 +0.8%$1,549,706 +2.8%
2017$16,851 $1,507,000 +5.3%
2016$16,851 +5.3%$1,431,000
2015$16,000 -0.1%$1,431,000
2014$16,010 $1,431,000 +11.6%
2013-- $1,282,066 +11%
2012-- $1,155,015 -4%
2011-- $1,203,141
2010-- $1,203,141 -0.2%
2009-- $1,206,000 -8.4%
2008-- $1,316,106
2007-- $1,316,106 +2%
2006-- $1,290,300 +178.9%
2005-- $462,591 +20.9%
2004-- $382,781 +1.5%
2003-- $377,137 +0.7%
2002-- $374,544 +2%
2001$3,748 +0.7%$367,200 +2%
2000$3,723 $360,000

Find assessor info on the county website

Monthly payment

Est. payment
$16,797/mo
Principal & interest
$14224
Property taxes
$2518
HOA Fees
$55
More affordability toolsChevron Right

Estimated market value

$2,637,800

$2.51M - $2.77M

$7,698/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 92663

Nearby schools

Newport Elementary School
Grades K-62.4 miles
8/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
7/10
Horace Ensign Intermediate School
Grades 7-82 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Student Progress Rating
8/10
Newport Harbor High School
Grades 9-122.1 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
College Readiness Rating
9/10