34 Balboa Coves, Newport Beach, CA 92663

$8,475,000 Asking Price

5 beds
6 baths
3,800  sqft
Built in 2000

PRICE IMPROVEMENT! Welcome to this beautiful Mediterranean Villa on the bay, nestled in Balboa Coves. This jewel of a private gated community is a rarity that has ample parking and only 68 homes. When entering the house, it has a 20-foot rotunda ceiling with recessed lighting and a beautiful light fixture. The home features travertine tile flooring throughout. Upon entry, there is a bedroom to the right with an on-suite bathroom. On the left is a laundry room and guest bathroom. When walking down the hallway youre looking across the bay at Newport Island. Next on the first floor comes the beautiful tranquil master bedroom with a fireplace, and a walk-in closet. The living room has an open concept with separate bar, kitchen, living and dining areas, as well as a half bath. The living room also features a fireplace and fully retractable sliding doors that open the entire side of the home to an expansive view of the bay, the main patio and a private beach. The kitchen is equipped with modern appliances and a walk-in pantry. The upstairs has 3 bedrooms and 2 baths (one of which is currently configured as an office). There is also a bonus/media/flex room with unobstructed balcony and bay views. The main level also features a private courtyard with a built in BBQ, waterfall and a large in-ground jacuzzi. There is a spacious 3 car garage with 3 doors and a Tesla 80 amp wall charger. The property also includes a deeded boat dock that will accommodate up to a 35-foot boat. Included in the sale price of the house is a 2003 Pro Cat 29-foot motor catamaran in excellent condition with t

Features & Amenities

Interior

General:
Balcony,Bar,Coffered Ceiling(s),Copper Plumbing Full,Granite Counters,Home Automation System,Recessed Lighting,Vacuum Central
Laundry:
Laundry Room,Inside
Flooring:
Stone
A/C:
Central Forced Air,Other/Remarks,Electric,Whole House Fan
Heating:
Fireplace,Forced Air Unit,Other/Remarks
Fireplace:
FP in Living Room,Gas

Exterior

General:
Stone,Stucco,Glass
Style:
Mediterranean/Spanish
Pool:
None
Parking:
Driveway,Guest Parking,Controlled Entrance,Private,See Remarks, Parking spaces: 3

Construction

Roofing:
Spanish Tile
General:
2 Story

Location

HOA Amenities:
246.0, Monthly
Originating MLS:
California Regional MLS
County:
Orange

Lot

Topography:
Level
Zoning:
42304112
View:
Bay,Water,Courtyard
Fencing:
Excellent Condition,Stucco Wall,Wrought Iron
Restrictions:
CC&R's

Utilities

Utilities:
Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,See Remarks,Sewer Available,Underground Utilities,Water Available,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
L. D. Schmitz Properties, Larry Schmitz

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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