Enjoy the very best of Newport Beach coastal living in this thoughtfully reimagined bay front home offered FULLY FURNISHED, located on a semi-private beach in an exclusive gated area with only 68 homes. With over 38 feet of waterfront, this home also has a private slip to accommodate a vessel of up to 35 feet for boat enthusiasts. This home also offers the rare feature of two bedrooms on the main level, one being a potential primary suite. A private park across the street and tons of parking for guests is yet another rarity in Newport Beach waterfront living.
The open concept is complete with French Oak flooring throughout with beamed ceilings to add to the coastal chic aesthetic. A professional chef's kitchen boasts a large island, quartz countertops, Wolf appliances, and custom lighting and cabinetry. Just off the dining room is a newly built temperature controlled wine room which holds up to 168 bottles of your favorite vino.The interior was designed and furnished by Restoration Hardware.
Exterior was redesigned by landscape architect Ray Morrow Designs and now includes seamless indoor/outdoor living, with La Cantina Bi-fold doors, new patio, stonework, quartzite barbecue, fire pit, custom water features, and hand-crafted exterior lighting.
Upstairs a tranquil primary suite awaits with fireplace and private balcony to take in the sunsets over the bay and watch the boats come in at the end of the day. The en suite bath is complete with oversized walk in closet, marble floors, free standing soaking tub, glass enclosed shower, and dual sinks. Also upstairs are two other bedrooms and full bath with dual sinks and marble flooring. Balcony in front overlooking the park.
Other upgrades in this exceptional property include a Nest system, new garage door, new plumbing, tankless water heater, sump pump, and glass fencing. Come take advantage of all Newport Beach has to offer with award winning schools and world class shopping. One highlight of this enclave is a private pedestrian gate steps away to access Lido Isle and all the fabulous shops and restaurants.Or, take your duffy from your private slip to the Balboa Fun Zone, Lido House Resort, and all the waterfront establishments without having to get in your car and fight traffic!
Sold for $7,400,000
Listed by: Compass • Barbara Glass • Contact: 949-424-4300
Bought with: Arbor Real Estate
$7,400,000
56 Balboa Cvs, Newport Beach, CA 92663
5beds
2,948sqft
Single Family Residence
Built in 1955
4,320 Square Feet Lot
$7,475,600 Zestimate®
$2,510/sqft
$23,022 Estimated rent
Home value
$7,475,600
$6.88M - $8.15M
$23,022/mo
Zestimate® history
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List your homeWhat's special
Semi-private beachPrivate balconyCustom water featuresTemperature controlled wine roomSunsets over the bayPrivate slipLarge island
Zillow last checked:
Listing updated:
Listed by:
Barbara Glass DRE #01966861 949-424-4300,
Compass
Bought with:
Mary Galletti, DRE #01949102
Arbor Real Estate
Source: CRMLS,MLS#: OC24245979
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Attic, Bedroom, Family Room, Primary Bedroom, Other, Wine Cellar, Dining Room
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Dual Sinks, Stone Counters, Soaking Tub, Separate Shower, Tub Shower, Upgraded, Walk-In Shower
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Remodeled, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Barbecue, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Sump Pump
- Laundry: In Garage
Features
- Beamed Ceilings, Built-in Features, Balcony, Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Furnished, High Ceilings, Pantry, Recessed Lighting, Attic, Bedroom on Main Level, Primary Suite, Wine Cellar, Walk-In Closet(s)
- Flooring: Wood
- Windows: Custom Covering(s)
- Has fireplace: Yes
- Fireplace features: Family Room, Primary Bedroom
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,948 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Door-Single, Driveway, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door
- Patio & porch: Covered, Deck, Front Porch, Patio, Stone, Wrap Around
- Exterior features: Barbecue, Boat Slip, Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Glass
- Has view: Yes
- View description: Bay, Park/Greenbelt, Ocean, Panoramic
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: Beach Access, Beach Front, Bayfront, Dock Access, Ocean Access, Ocean Side Of Highway
Lot
- Size: 4,320 Square Feet
- Features: 0-1 Unit/Acre, Back Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Park, Sprinklers On Side, Yard
Details
- Parcel number: 42304134
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Additions/Alterations,Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Suburban, Sidewalks, Gated, Park
- Security: Prewired, Security System, Carbon Monoxide Detector(s), Fire Detection System, Security Gate, Gated Community, Smoke Detector(s)
- Subdivision: Balboa Coves (Blcv)
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds, Picnic Area
- HOA fee: $246 monthly
- HOA name: Balboa Coves
- HOA phone: 949-215-8485
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $2,510/sqft
- Tax assessed value: $7,428,456
- Annual tax amount: $78,236
- Date on market: 12/15/2024
- Cumulative days on market: 222 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
- Inclusions: With acceptable offer all furnishings included except artwork. All invoices available and almost brand new from Restoration Hardware; Linens and bedding from Montage.
- Exclusions: All Artwork, personal Items
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $7,400,000-4.5%$2,510/sqft |
Source:  CRMLS #OC24245979 Report a problem | ||
| 8/10/2025 | Pending sale | $7,750,000$2,629/sqft |
Source: CRMLS #OC24245979 Report a problem | ||
| 7/29/2025 | Contingent | $7,750,000$2,629/sqft |
Source: CRMLS #OC24245979 Report a problem | ||
| 7/10/2025 | Listed for sale | $7,750,000$2,629/sqft |
Source: CRMLS #OC24245979 Report a problem | ||
| 7/9/2025 | Listing removed | $7,750,000-3.1%$2,629/sqft |
Source:  SDMLS #OC24245979 Report a problem | ||
| 6/30/2025 | Listed for sale | $7,995,000+14.2%$2,712/sqft |
Source: SDMLS #OC24245979 Report a problem | ||
| 6/10/2022 | Sold | $7,000,000-6.6%$2,374/sqft |
Source: Public Record Report a problem | ||
| 5/4/2022 | Contingent | $7,495,000$2,542/sqft |
Source: CRMLS #NP22057944 Report a problem | ||
| 3/29/2022 | Listed for sale | $7,495,000+172.5%$2,542/sqft |
Source: CRMLS #NP22057944 Report a problem | ||
| 9/19/2017 | Listing removed | $12,000$4/sqft |
Source: Burr White Realty Report a problem | ||
| 9/15/2017 | Listed for rent | $12,000$4/sqft |
Source: Burr White Realty Report a problem | ||
| 6/2/2016 | Listing removed | $12,000+20%$4/sqft |
Source: Burr White Realty Report a problem | ||
| 12/16/2015 | Listing removed | $10,000$3/sqft |
Source: Burr White Realty #NP15220382 Report a problem | ||
| 11/21/2015 | Price change | $10,000-16.7%$3/sqft |
Source: Burr White Realty #NP15220382 Report a problem | ||
| 9/17/2015 | Listed for rent | $12,000$4/sqft |
Source: Burr White Realty Report a problem | ||
| 8/6/2014 | Sold | $2,750,000-5%$933/sqft |
Source: Public Record Report a problem | ||
| 6/27/2014 | Pending sale | $2,895,000$982/sqft |
Source: EVELYN COMPTON, BROKER #NP14125676 Report a problem | ||
| 6/17/2014 | Listed for sale | $2,895,000$982/sqft |
Source: EVELYN COMPTON, BROKER #NP14125676 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $78,236 +1.6% | $7,428,456 +2% |
| 2024 | $77,022 +2.4% | $7,282,800 +2% |
| 2023 | $75,229 +127.1% | $7,140,000 +129.3% |
| 2022 | $33,125 +2% | $3,114,455 +2% |
| 2021 | $32,490 +1% | $3,053,388 +1% |
| 2020 | $32,178 | $3,022,080 +2% |
| 2019 | $32,178 +2.1% | $2,962,824 +2% |
| 2018 | $31,509 +3.9% | $2,904,730 +2% |
| 2017 | $30,333 | $2,847,775 +2% |
| 2016 | $30,333 +2.3% | $2,791,937 +1.5% |
| 2015 | $29,650 +147.9% | $2,750,000 +147.1% |
| 2014 | $11,959 | $1,112,730 +0.5% |
| 2013 | -- | $1,107,702 +2% |
| 2012 | -- | $1,085,983 +2% |
| 2011 | -- | $1,064,690 +0.8% |
| 2010 | -- | $1,056,733 -0.2% |
| 2009 | -- | $1,059,245 +2% |
| 2008 | -- | $1,038,476 +2% |
| 2007 | -- | $1,018,114 +2% |
| 2006 | -- | $998,151 +2% |
| 2005 | -- | $978,580 +2% |
| 2004 | -- | $959,393 +1.9% |
| 2003 | -- | $941,810 +5.3% |
| 2002 | -- | $894,506 +12.9% |
| 2001 | $8,060 +18% | $792,151 +13.2% |
| 2000 | $6,830 | $700,000 |
Find assessor info on the county website
Neighborhood: 92663
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 1.2 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 0.9 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- 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
$7,475,600
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Estimated market value
$7,475,600
- California
- Orange County
- Newport Beach
- 92663
- 56 Balboa Cvs
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