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Jon Flagg, Listing Office: Pacific Sotheby's Int'l Realty
56 Balboa Cvs Newport Beach, CA 92663
$8,500,000 List price
5 beds
4 full
2,948 sqft
0.10 acres
$2,883 / sqft
House
Property details
About 56 Balboa Cvs
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 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!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,948 sqft
Lot size0.0992 Acres
Year built1955
ParkingDirect Access, Door-Single, Driveway, Garage
MLS #OC24245979
Attached garage2 spaces
WaterfrontBeach, Bay Front, Dock Access, Ocean Access
FireplaceFamily Room, Primary Bedroom
ViewBay, Park, Ocean, Panoramic
Summary
- MLS Number: OC24245979
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (949) 424-4300
- Listing Agent: Barbara Glass
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$8,500,000
56 Balboa Cvs
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 10, 2022 | Home Sold | $7,000,000 |
| Aug 06, 2014 | Home Sold | $2,750,000 |
| Jul 24, 1991 | Home Sold | $675,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $7,282,800 | $77,023 |
| 2023 | $7,140,000 | $75,228 |
| 2022 | $3,114,455 | $33,125 |
| 2021 | $3,053,388 | $32,489 |
| 2020 | $3,022,080 | $32,178 |
| 2019 | $2,962,824 | $30,880 |
| 2018 | $2,904,730 | $30,880 |
| 2017 | $2,847,775 | $30,333 |
History based on county public records data.
Nearby schools
7
Newport Heights Elementary School
Public District KG-6
0.8 mi
•300 E 15th St
8
Newport Elementary School
Public District KG-6
1.2 mi
•1327 W Balboa Blvd
4
Whittier Elementary School
Public District KG-6
1.5 mi
•1800 Whittier Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $114,706. Typical income of Newport Beach, CA residents is between $100k-200k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
29%
35k-100k
36%
100k-200k
21%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
4%
Single, with Kids
27%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
27%
18-34 yrs old
43%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Art Museums
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
H&M
Where do the neighbors go to eat?
Boston Market
Starbucks
Chipotle
What do the neighbors drive?
Mercedes
Audi
BMW
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 56 Balboa Cvs
This home is located at 56 Balboa Cvs in Newport Beach, CA and zip code 92663 in the Balboa Peninsula neighborhood. This 2,948 square foot home, which was built in 1955, sits on a 0.10 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $8,500,000.
While more than 8 listings in Newport Beach, CA in December 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 46 were sold below. The number of listings in Newport Beach, CA decreased by 7.4% between November and December 2024. In December 2024 median list price was $3,526,690 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.