331 Walnut Street, Newport Beach, CA 92663

$3,399,900 Asking Price

5 beds
6 baths
2,546  sqft
Built in 1962

NEWPORT BEACH-NEWPORT SHORES-Welcome to this elegant coastal residence nestled in the heart of Newport Beach, California where stylishness and fastidiously designed amenities coalesce to offer a harmonious blend of sophistication and serenity with spacious layouts on all three levels of refined living space. Featuring five generously sized bedrooms and five (and a half) bedecked bathrooms, providing ample space meticulously designed to accommodate both relaxation and entertainment. The open-concept living areas are bathed in natural light, creating an inviting atmosphere for brilliant gatherings, or peaceful evenings at home. At each of three levels, you can step outside to your private outdoor space, perfect for al fresco dining or enjoying the serene shoreline breezes. The property boasts a barbecue area, ideal for hosting summer soires, while the colossal pool and Tennis/Basketball/Sport courts & clubhouse provides recreation & leisure on the private beach for sunshine filled fun. For families, a playground offers a delightful space for children to play with holiday community gatherings that welcome family activities for celebrating holiday events in this adorable community. Moving on to some of the modern conveniences inside the home which include an elegant claw-foot soaking tub, a massive Thermador Professional Range, Pot Filler Faucet, Air-conditioning, Tech-Smart-Home living, colossal attic space for storage, custom remodeling within every detail throughout this home, soaring ceilings, 2nd floor balcony and roof-top balcony, multiple patios, a distinguished Dutch-do

Features & Amenities

Interior

General:
2 Staircases,Balcony,Chair Railings,Granite Counters,Stone Counters,Wainscoting
Laundry:
Garage
Flooring:
Carpet,Tile,Wood
A/C:
Central Forced Air
Heating:
Fireplace,Forced Air Unit
Fireplace:
FP in Living Room,Gas,Masonry,Gas Starter
Disability Feature:
Doors - Swing In,Low Pile Carpeting

Exterior

General:
Stucco,Wood,Flagstone
Style:
Traditional
Pool:
Below Ground,Association,Heated
Parking:
Public,Street, Parking spaces: 2

Construction

Roofing:
Asphalt,Shingle
General:
2 Story

Location

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

Lot

Topography:
Level
Zoning:
04506536
View:
Ocean,Panoramic,Water,Catalina,Neighborhood,Peek-A-Boo,City Lights
Fencing:
Stucco Wall,Security,Vinyl
Restrictions:
CC&R's

Utilities

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

Financial

Source:
California Regional MLS

This listing courtesy of:
COMPASS, COLLEEN GRIGGS

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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