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Sold for $6,995,000
  • Listed by: Harcourts Place • Drew Teicheira • Contact: 949-244-7438
    Bought with: Arbor Real Estate
    $6,995,000

    58 Balboa Cvs, Newport Beach, CA 92663

    3beds
    2,802sqft
    Single Family Residence
    Built in 1949
    3,920 Square Feet Lot
    $7,048,100 Zestimate®
    $2,496/sqft
    $8,725 Estimated rent

    Home value

    $7,048,100

    $6.48M - $7.68M

    $8,725/mo

    Zestimate® history
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    What's special

    Private dockTwo-car garageStunning bayfront residenceCoastal sophisticationDirect water accessBreathtaking sunsetsModern luxury
    A Rare Gem in Coveted Balboa Coves Tucked away in the exclusive, gated enclave of Balboa Coves, this stunning bayfront residence is a hidden treasure in Newport Beach. Completely remodeled down to the studs in 2019, this home exudes coastal sophistication and modern luxury at every turn. Boasting one of the most desirable locations within the community, its prime position near the main channel ensures effortless access to the bay’s iconic waterways while offering an unparalleled waterfront lifestyle. The property enjoys a coveted west-facing orientation, treating you to breathtaking sunsets that paint the sky in vibrant hues each evening. Its exceptional cul-de-sac setting provides both privacy and abundant natural light throughout the day. Designed for seamless indoor-outdoor living, the expansive rear patio—meticulously renovated—offers direct water access, creating the perfect setting for entertaining or tranquil relaxation. Boaters will appreciate the well-situated private dock, designed for easy navigation and capable of accommodating a watercraft of up to 35 feet. Inside, the thoughtfully designed floor plan features three spacious second-floor bedrooms. The attached two-car garage and ample private street parking add an extra layer of convenience—an uncommon luxury in waterfront communities. Beyond the home itself, Balboa Coves offers an intimate, resort-like ambiance with its own private park and a welcoming sense of community. Just moments from Newport’s vibrant harbor, renowned dining, world-class shopping, and pristine beaches, this is an exceptional opportunity to embrace the quintessential bayfront lifestyle in one of Newport Beach’s most sought-after neighborhoods. Don’t miss this rare opportunity—luxury, location, and lifestyle await.

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Teicheira DRE #02030547 949-244-7438,

    Harcourts Place

    Bought with:

    Jon Dishon, DRE #01192701

    Arbor Real Estate

    Source: CRMLS,MLS#: OC25032392MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Multi-Level Bedroom
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
    Features
    • Primary Suite, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,802 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Bay, Canal, Ocean
    • Has water view: Yes
    • Water view: Bay,Canal,Ocean
    • Waterfront features: Beach Access, Bayfront, Navigable Water, Ocean Side Of Highway
    Lot
    • Size: 3,920 Square Feet
    • Features: Back Yard, Cul-De-Sac, Paved, Rectangular Lot, Street Level
    Details
    • Parcel number: 42304136
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Street Lights, Sidewalks, Water Sports, Marina
    • Subdivision: Balboa Coves (Blcv)
    HOA
    • Has HOA: Yes
    • Amenities included: Dock, Dog Park, Management, Playground, Pets Allowed, Security
    • HOA fee: $246 monthly
    • HOA name: Balboa Coves Community Assoc.
    • HOA phone: 949-215-8485
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,496/sqft
    • Tax assessed value: $3,458,108
    • Annual tax amount: $37,031
    • Date on market: 2/12/2025
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    3/7/2025Sold$6,995,000$2,496/sqft
    Source: CRMLS #OC25032392 Report a problem
    3/6/2025Pending sale$6,995,000$2,496/sqft
    Source: CRMLS #OC25032392 Report a problem
    2/20/2025Contingent$6,995,000$2,496/sqft
    Source: CRMLS #OC25032392 Report a problem
    2/13/2025Listed for sale$6,995,000+125.6%$2,496/sqft
    Source: CRMLS #OC25032392 Report a problem
    10/5/2018Sold$3,100,000$1,106/sqft
    Source: Public Record Report a problem
    8/28/2018Pending sale$3,100,000$1,106/sqft
    Source: Pacific Sotheby's International Realty #NP18041154 Report a problem
    7/23/2018Price change$3,100,000-8.5%$1,106/sqft
    Source: Pacific Sotheby's International Realty #NP18041154 Report a problem
    5/12/2018Price change$3,388,000-5.6%$1,209/sqft
    Source: Pacific Sotheby's International Realty #NP18041154 Report a problem
    2/22/2018Listed for sale$3,588,000$1,281/sqft
    Source: HOM Sotheby's International Realty #NP18041154 Report a problem
    1/10/2015Listing removed$6,200$2/sqft
    Source: HOM Sotheby's International Re #NP14239432 Report a problem
    11/11/2014Listed for rent$6,200+12.7%$2/sqft
    Source: HOM Sotheby's International Re #NP14239432 Report a problem
    5/27/2013Listing removed$5,500$2/sqft
    Source: RE/MAX Signature Services #OC13080342 Report a problem
    5/6/2013Price change$5,500-8.3%$2/sqft
    Source: RE/MAX Signature Services #OC13080342 Report a problem
    5/3/2013Listed for rent$6,000$2/sqft
    Source: RE/MAX Signature Services #OC13080342 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,031 +2.9%$3,458,108 +2%
    2024$35,992 +2.4%$3,390,302 +2%
    2023$35,150 +1.7%$3,323,826 +2%
    2022$34,568 +2%$3,258,653 +2%
    2021$33,904 +1%$3,194,758 +1%
    2020$33,578 $3,162,000 +2%
    2019$33,578 +1.9%$3,100,000 +304.9%
    2018$32,951 +299.2%$765,613 +2%
    2017$8,254 $750,601 +2%
    2016$8,254 +2.3%$735,884 +1.5%
    2015$8,071 +3.4%$724,831 +2%
    2014$7,806 $710,633 +0.5%
    2013-- $707,422 +2%
    2012-- $693,551 +2%
    2011-- $679,952 +0.8%
    2010-- $674,871 -0.2%
    2009-- $676,476 +2%
    2008-- $663,212 +2%
    2007-- $650,208 +2%
    2006-- $637,459 +2%
    2005-- $624,960 +2%
    2004-- $612,706 +1.9%
    2003-- $601,477 +2%
    2002-- $589,684 +2%
    2001$6,423 +2.1%$578,122 +2%
    2000$6,289 $566,787
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,048,100
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    Estimated market value
    $7,048,100