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Sold for $4,550,000
  • Listed by: Ron Mazzano, Broker • Damon Mazzano • Contact: 949-433-6883
    Bought with: Chas Patterson Realty
    Tax assessed value
    $4,550,000

    49 Balboa Cvs, Newport Beach, CA 92663

    3beds
    1,344sqft
    Single Family Residence
    Built in 1950
    4,000 Square Feet Lot
    $4,781,500 Zestimate®
    $3,385/sqft
    $7,529 Estimated rent

    Home value

    $4,781,500

    $4.11M - $5.69M

    $7,529/mo

    Zestimate® history
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    What's special

    Now is your chance to indulge in the epic OC beach lifestyle in this classic waterfront residence or build your New Dream home in one of the world’s most coveted and celebrated seaside locales, Newport Beach, California. One of only 68 waterfront homes built in the exclusive, gated Balboa Coves, this property offers you a once in a lifetime opportunity to acquire one of the best locations and views in this community. Immerse yourself in Iconic Oceanfront lifestyle as you enter to find a light-filled open floor plan featuring several desirable amenities including exposed beam vaulted ceilings, massive bay windows with some of the best views of the harbor and private beach, plantation shutters, cozy living room fireplace, kitchen with white Shaker cabinetry, and ample picture and clerestory windows framing your own cove. Want more? With a wide 4000 square foot lot, this picture-perfect property provides plenty of space to build 2nd or possibly 3rd stories for unparalleled water views from every room, add additional garage space for cars and nautical equipment, and utilize several decks for the ultimate indoor/outdoor lounge space. Love yachting? Cruise the islands, find epic surf, snag a sea bass, luxuriate with evening cocktails—the private dock can accommodate vessels up to 35’ so you can take your active lifestyle out to sea whenever you feel like it. Relax, take a deep inhale, and become grounded with epic citrus-kissed sunsets while entertaining guests on the waterfront deck, large enough for outdoor kitchen and/or dining area. Take a few steps down to the sandy beach for some sun-soaked days in the pitch-perfect Newport climate and hop in the water for some paddleboarding, kayaking, or swimming. Whether you’re looking for total tranquility or daily activity, it all awaits right outside your back door. Additional current amenities include laundry room, newer paint and carpet, covered patio, large 2-car garage with extra parking in front for up to 3 cars, tankless water heater, and Carrier heating system. Residents of the private, gated Balboa Coves community also enjoy ample open parking, Low HOA $246, beautifully manicured green spaces, and a well-appointed playground. Situated just minutes to Lido Marina Village, acclaimed cafes and restaurants, legendary beaches and surf, award-winning schools, and world-class golf courses, this prized home offers the pinnacle of luxury living in one of the most exclusive waterfront communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Damon Mazzano DRE #01735292 949-433-6883,

    Ron Mazzano, Broker

    Bought with:

    Fraser Elliott, DRE #02229693

    Chas Patterson Realty

    Source: CRMLS,MLS#: NP24130495MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bedroom, Other
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Dual Sinks, Full Bath on Main Level, Soaking Tub, Separate Shower, Tile Counters, Vanity, Walk-In Shower
    Kitchen
    • Features: Granite Counters
    Heating
    • Central, Fireplace(s), See Remarks
    Cooling
    • None, See Remarks
    Appliances
    • Included: Barbecue, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, See Remarks
    Features
    • Beamed Ceilings, Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting, Storage, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
    • Flooring: Carpet, Laminate, See Remarks
    • Doors: Double Door Entry, French Doors
    • Windows: Bay Window(s), Custom Covering(s), Double Pane Windows, Plantation Shutters, Screens
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,344 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Door-Multi, Garage, Garage Door Opener, Private, See Remarks
    • Attached garage spaces: 2
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Brick, Covered, Patio, See Remarks, Terrace
    • Exterior features: Awning(s), Boat Slip, Rain Gutters, Brick Driveway
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wood
    • Has view: Yes
    • View description: Harbor, Panoramic, Water
    • Has water view: Yes
    • Water view: Harbor,Water
    • Waterfront features: Beach Access, Bayfront, Ocean Access, Ocean Front
    Lot
    • Size: 4,000 Square Feet
    • Features: 0-1 Unit/Acre, Front Yard, Landscaped
    Details
    • Parcel number: 42304127
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Craftsman
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Park, Gated
    • Security: Carbon Monoxide Detector(s), Gated Community, 24 Hour Security, Smoke Detector(s)
    • Subdivision: Balboa Coves (Blcv)
    HOA
    • Has HOA: Yes
    • Amenities included: Controlled Access, Playground
    • HOA fee: $246 monthly
    • HOA name: Balboa Coves
    • HOA phone: 949-646-8711
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $3,385/sqft
    • Tax assessed value: $4,550,000
    • Annual tax amount: $48,078
    • Date on market: 7/3/2024
    • Cumulative days on market: 75 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Fannie Mae
    • Inclusions: Refrigerator, washer and dryer

    Price history

    DateEventPrice
    10/8/2024Sold$4,550,000-6.2%$3,385/sqft
    Source: CRMLS #NP24130495 Report a problem
    9/18/2024Pending sale$4,850,000$3,609/sqft
    Source: CRMLS #NP24130495 Report a problem
    7/18/2024Listed for sale$4,850,000$3,609/sqft
    Source: CRMLS #NP24130495 Report a problem
    7/14/2024Contingent$4,850,000$3,609/sqft
    Source: CRMLS #NP24130495 Report a problem
    7/4/2024Listed for sale$4,850,000+798.1%$3,609/sqft
    Source: CRMLS #NP24130495 Report a problem
    10/1/1997Sold$540,000$402/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,078 +2237.5%$4,550,000 +3725.8%
    2024$2,057 +34.5%$118,928 +2%
    2023$1,529 +2.1%$116,597 +2%
    2022$1,497 +1.9%$114,311 +2%
    2021$1,470 +1.1%$112,070 +1%
    2020$1,454 $110,921 +2%
    2019$1,454 +1.7%$108,747 +2%
    2018$1,430 +3.8%$106,615 +2%
    2017$1,378 $104,525 +2%
    2016$1,378 +2.1%$102,476 +1.5%
    2015$1,349 +3.7%$100,937 +2%
    2014$1,301 $98,960 +0.5%
    2013-- $98,513 +2%
    2012-- $96,582 +2%
    2011-- $94,689 +0.8%
    2010-- $93,982 -0.2%
    2009-- $94,206 +2%
    2008-- $92,359 +2%
    2007-- $90,549 +2%
    2006-- $88,774 +2%
    2005-- $87,034 +2%
    2004-- $85,328 +1.9%
    2003-- $83,765 +2%
    2002-- $82,123 +2%
    2001$1,303 -0.3%$80,513 +2%
    2000$1,307 $78,935
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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    Estimated market value
    $4,781,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,781,500