56 Balboa, Newport Beach, CA 92663

$7,495,000 Asking Price

4 beds
4 baths
2,977  sqft
Built in 1955

Gracing the waters edge of Newport Bay within the gated enclave of Balboa Coves, this exceptional retreat is poised to deliver an ultra-luxe lifestyle amid the peninsulas vibrant coastal-urban setting. Claiming appx. 38' of frontage on a virtually private beach, the splendid four-bedroom, four-bathroom residence offers an assigned boat slip accommodating a vessel up to 35'. Just across the threshold, gracious living and dining areas merge seamlessly onto the property's outdoors to create the ultimate waterfront entertainment venue. A bright and neutral color palette throughout the roughly 2,977 SF interiors allow thoughtful design elements to come into focus such as peaked beamed ceilings in the great room and a wall of sliding glass doors for unobstructed views of the canal on which the home sits. Designed for modern tastes, a gleaming gourmet kitchen features quartz countertops, chevron tile backsplash, professional Wolf appliances, and breakfast nook. Completing the main level is a generously sized en suite bedroom and bonus room with bathroom that can be used as a fifth bedroom. On second level await two secondary bedrooms, full bathroom, balcony looking onto the neighborhood, and a fireplace-warmed owner's suite accompanied by a freestanding tub, dual sinks, oversized walk-in closet, and a private balcony from which to enjoy the panoramic bay vistas. Adding to the allure of the estate are Nest thermostats and a two-car garage. 56 Balboa Coves presents a fantastic opportunity to live with the bay at your feet in an award-winning school district near Balboa Fun Zone, Mar

Features & Amenities

Interior

General:
Balcony,Beamed Ceilings,Recessed Lighting
Laundry:
Inside
Flooring:
Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Living Room,FP in Master BR

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
2 Story

Location

HOA Amenities:
205.0, Monthly

Lot

Zoning:
42304134
View:
Bay,Water,Harbor,City Lights

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS, California Regional MLS

This listing courtesy of:
Coldwell Banker Realty, Tim Smith

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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