20 Balboa Coves
About This Property
Situated on an oversized 3,888 sq. ft. lot on the water with a private boat dock, this smart, tech-forward home offers approx. 3,753 sq. ft. of interior living space and over 5,000 sq. ft. total, including garage and outdoor areas. The open layout features 4 bedrooms, 4.5 bathrooms, and a private rooftop retreat with an additional bed and bath - ideal for entertaining or enjoying panoramic Catalina Island and ocean views.
Inside, the home blends modern elegance with coastal warmth, offering European white oak floors, natural stone and tile finishes, tongue-and-groove ceilings, and custom oak detailing. The chef's kitchen features top-tier Wolf and Sub-Zero appliances, while a temperature-controlled wine cellar holds up to 100 bottles.
Powered by Crestron smart home automation, enjoy fully customizable lighting, climate, audio, and security - luxury at your fingertips.
Step outside to experience the ultimate waterfront lifestyle with your own private boat dock - perfect for paddleboards, Duffy boats, or weekend cruises. The property also includes 4-car parking plus ample guest parking - a valuable bonus in this gated enclave.
Balboa Coves is one of Newport Beach's most private and coveted waterfront communities, with amenities including a dog park, playground, and peaceful, secure surroundings. You're just a 5-minute walk or bike ride to Lido Marina Village, the beach, and The Wedge, with nearby access to Fashion Island, restaurants, shops, and freeways.
Whether you're a boater, beach lover, or discerning buyer seeking a coastal dream home, this brand-new construction offers the best in design, lifestyle, and location.
Live the Newport dream - schedule your private tour today.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Relisted | $9,495,000 | |
| Relisted | |||
| Nov 28, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$9,495,000
↓ $800K
(7.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017