$8,500,000
For Sale

56 Balboa Coves

Newport Beach, CA 92663
2948 sqft | 5 beds | 4 baths | 0.10 acres | #OC24245979
Listing OfficeCompass
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Type:Purchase
Structure:House
Zone:Residential

Description

Enjoy the very best of Newport Beach coastal living in this thoughtfully reimagined bay front home, 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 an assigned dock to accommodate a vessel of up to 35 feet for boat enthusiasts.
Completely reimagined with a new exterior designed by landscape architect Ray Morrow Designs, the home 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. The landscaping has also been redesigned to compliment the new exterior.
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.
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 nearby 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!

  • Property Details
      • InteriorBeamedCeilings, BuiltInFeatures, Balcony, CrownMolding, SeparateFormalDiningRoom, EatInKitchen, Furnished, HighCeilings, Pantry, Recessed
      • Lot DescriptionZeroToOneUnitAcre, BackYard, SprinklersInRear, SprinklersInFront, Lawn, Landscaped, NearPark, SprinklersOnSide, Yard
      • Exterior MaterialsBarbecue, BoatSlip, RainGutters
      • Property SubtypeSingleFamilyResidence
      • School DistrictNewport Mesa Unified
      • SubdivisionBalboa Coves (BLCV)
      • High SchoolNewport Harbor
      • Sewer InformationPublicSewer
      • Original List Price$8,500,000
      • MLS #OC24245979
      • MLS #OC24245979
      • Property TypePurchase
      • Cost8500000
      • Acres0.0992
      • Utility SourcePublic
      • CountyOrange
      • Structure TypeHouse
      • Square Feet2948
      • Year Built1955
      • FoundationSlab
      • ViewBay
      • Hoa Fees246
      • Bedrooms5
      • Bathrooms4
      • Full Baths4
      • Stories2
      • Parking Spaces2

Location

Anthony ElminoufiReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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