See Home Value
$3,100,000
● House - Off Market

58 Balboa Coves

Newport Beach, CA 92663
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2,555 Ft²
$4,695,417
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Balboa Coves is the hidden neighborhood you never knew existed.  This private, bay front community is security gated with each property having its own dock.  This home has an excellent cul de sac location with great afternoon and evening sun.  It's dock is also well located allowing for easy navigation. The floor plan includes two large second floor bedrooms along with a main floor bedroom. The large rear patio was renovated, has great views and direct access to the water.  Access to Newport Bay main channels, islands and other sites is only a short distance via a Duffy, power boat, or paddle board.  Parking is convenient with an attached two car garage and unlike other areas these streets are private and parking is ample.  Balboa Coves even has it's own private park!  This home is a great value and opportunity to live the beach and bay front lifestyle.
Unit Size
2,555 Ft²
Days on Market
226 days
Land Size
0.09 acres
Price per sqft
$1,213
Property Type
House
Property Taxes
-
HOA Dues
$160
Year Built
1949

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Last updated: 4 months ago (CRMLS #NP18041154)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Sold
Jan 28, 2025 Listed by Harcourts Place $6,995,000
Listed by Harcourts Place
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.
Oct 5, 2018 Sold
Sold
Feb 21, 2018 Listed by Pacific Sotheby's Int'l Realty $3,100,000
Listed by Pacific Sotheby's Int'l Realty

Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,885
  • Total Building Area: 2,802
  • Building Area: 2,802
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,802
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 1011
  • Land Acres: 0000000089
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 1011 BLK LOT 58

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063500

Geography

  • Assessors Map Reference: 31-B5
  • Subdivision Tract Number: 1011
  • Parcel: 423-041-36
  • Lot: 58
  • Latitude: 33.6203
  • Longitude: -117.931

    Address

  • Full Address: 58 Balboa Cvs
  • Address - House Number: 58
  • Address - Street Name: Balboa
  • Address - Suffix Type: Cvs
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 3226
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,515,034
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 4,694,657
  • High Value: 5,628,964
  • Low Value: 3,760,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,323,826
  • Assessed Land Value: $3,077,206
  • Assessed Improvements Value: $246,620

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 58 Balboa Coves built and last sold?
The property at 58 Balboa Coves was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 58 Balboa Coves is $6,939,249.
What are some comparable homes to 58 Balboa Coves?
There are currently no comparable homes to 58 Balboa Coves.

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