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$7,400,000
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Property Description
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 a private slip to accommodate a vessel of up to 35 feet for boat enthusiasts. This home also offers the rare feature of two bedrooms on the main level, one being a potential primary suite. A private park across the street and tons of parking for guests is yet another rarity in Newport Beach waterfront living.
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.
Exterior was redesigned by landscape architect Ray Morrow Designs and 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.
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 gate steps away 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!
Full Property Details
Full Property Details for 56 Balboa Coves
General
- Sold For: $7,400,000
- HOA FEE: $246/month
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: OC24245979
- Added to Site: 435 day(s) ago
Interior
- Rooms/Areas: Attic, Family Room, Main Floor Bedroom, Primary Suite, Walk-In Closet, Wine Cellar
- Interior Features: Balcony, Beamed Ceilings, Built-in Features, Crown Molding, Furnished, High Ceilings, Pantry, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Family Room, Primary Bedroom
- Eating Areas: Dining Room, In Kitchen
- Appliances: Barbecue, Freezer, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Garage
Additional Information
- Shared Amenities: Picnic Area, Maintenance Grounds
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered, Deck, Patio, Front Porch, Stone, Wraparound
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage (Direct Access), Driveway, Garage, Garage (Single Door)
Location
- County: Orange
- Subdivision: Balboa Coves (BLCV)
- Driving Directions: From PCH; Turn on Balboa Coves; Go through securtty gate and turn left
School Information
- School District: Newport Mesa Unified
- High School: NEWHAR
Community
- Community Features: Curbs, Park, Sidewalks, Suburban
- Assoc. Name: Balboa Coves Mgmt
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Single Family Residence
- Construction: Brick
- Foundation: Slab
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Custom Covering
- Entry Location: Front Door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,948
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Year Built Source: Assessor
- Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
Lot Features
- Property View: Bay, Ocean, Panoramic, Park/Greenbelt
- Lot Size (Acres): 0.0992
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Lot Description: 0-1 Unit/Acre, Back Yard, Landscaped, Lawn, Park Nearby, Sprinklers in Front, Sprinklers in Rear, Sprinklers on the Side, Yard
- Fencing (Description): Glass
Financial Considerations
- Price Per Sq. Ft.: $2,510.18
- Association Fee: $246
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: With acceptable offer all furnishings included except artwork. All invoices available and almost brand new from Restoration Hardware; Linens and bedding from Montage.
Listed by Compass, Barbara Glass
Sold by Arbor Real Estate, Mary Galletti
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Schools
Schools serving 56 Balboa Coves
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 1.2 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 0.9 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 56 Balboa Coves
Date
Details
Price
Change
Source
8/22/2025
Sold
$7,400,000
-4.52%
MLS
7/10/2025
Price Reduced
$7,750,000
-3.06%
MLS
4/10/2025
Price Reduced
$7,995,000
-5.94%
MLS
12/15/2024
Listed
$8,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
56 Balboa Coves, Newport Beach, CA 92663 (MLS# OC24245979) is a Single Family property that was sold at $7,400,000 on August 22, 2025. Want to learn more about 56 Balboa Coves? Do you have questions about finding other Single Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

