56 Balboa Coves, Newport Beach, CA 92663

$8,500,000 Asking Price

5 beds
4 baths
2,948  sqft
Built in 1955

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!

Features & Amenities

Interior

General:
Beamed Ceilings,Built-in Features,Balcony,Crown Molding,Separate/Formal Dining Room,Eat-in Kitchen,Furnished,High Ceilings,Pantry,Recessed Lighting,Attic,Bedroom on Main Level,Primary Suite,Wine Cellar,Walk-In Closet(s)
Appliances:
Barbecue,Freezer,Gas Cooktop,Gas Oven,Microwave,Refrigerator,Range Hood,Sump Pump
Laundry:
In Garage
Flooring:
Wood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Family Room,Primary Bedroom, Fireplace

Exterior

General:
Barbecue,Boat Slip,Rain Gutters
Style:
Traditional
Pool:
None
Parking:
Direct Access,Door-Single,Driveway,Garage, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
Custom Covering(s)
General:
Brick, 2, Slab

Location

Road/Access:
Paved
HOA Amenities:
Maintenance Grounds,Picnic Area, 246.0, Monthly
Originating MLS:
CRMLS
School District:
Newport Mesa Unified
County:
Orange

Lot

Zoning:
42304134
View:
Bay, View
Fencing:
Glass

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS
Exclusions:
All Artwork, personal Items

This listing courtesy of:
Compass, Barbara Glass

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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