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56 Balboa Coves, Newport Beach, CA 92663

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For Sale

$8,500,000

5 beds • 4 baths • 2,948 sqft

Estimated Payment

$ 44,150 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $2,883.31
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Enjoy the very best of Newport Beach coastal living in this thoughtfully reimagined bay front home, located on a semi-private beach in an exclusive gated area with only 68 homes. One highlight of this enclave is a private pedestrian gate steps away for a short stroll or bike ride to Lido Isle and all the fabulous shops and restaurants. No need to get on PCH! 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, 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. The interior was designed and furnished by Restoration Hardware. 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 bottles. 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 a full bath with dual sinks and marble flooring. One of the bedrooms has a balcony overlooking the park conveniently located across the street. 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 with Fashion Island close by. 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!
MLS# OC24245979

Courtesy Of Compass

(949) 438-4340

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn
  • Appliances
    Barbeque or Grill, Cooktop, Cooktop - Gas, Freezer, Microwave, Oven - Gas, Range, Refrigerator
  • Architecture Style
    New Traditional
  • Exterior Type
    Brick
  • Floor Covering
    Wood
  • Heating System
    Central Furnace
  • Rooms
    Family Room
  • View Type
    Ocean, Panorama, Park

Map and Directions

Directions to 56 Balboa Coves, Newport Beach, CA 92663

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CENTURY 21 Affiliated

(949) 551-7000
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $44,150
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $44,150

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Newport Elementary School

Grades KG-6 Public School

Newport Beach, CA 92661 1.2 miles
1327 w balboa blvd

308 total students
21:1 Student teacher ratio

School Rating: A-

School Details

Horace Ensign Intermediate School

Grades 7-8 Public School

Newport Beach, CA 92663 0.9 miles
2000 cliff dr

977 total students
23:1 Student teacher ratio

School Rating: A-

School Details

Newport Harbor High School

Grades 9-12 Public School

Newport Beach, CA 92663 1.1 miles
600 irvine ave

2266 total students
28:1 Student teacher ratio

School Rating: B+

School Details
Other Nearby Schools Distance Type Grades School Rating
Carden Hall 0.8 miles Private PK-8
Newport Heights Elementary School 0.8 miles Public KG-6 B+
Whittier Elementary School 1.5 miles Public KG-6 C-
Harper 1.5 miles Public KG
Mariners Elementary School 1.7 miles Public KG-6 B+
Pomona Elementary School 2 miles Public KG-6 C
Everett A. Rea Elementary School 2.1 miles Public KG-6 B-
Woodland Child Devt Center 2.2 miles Private PK-5
Woodland Elementary School 2.2 miles Public KG-2
Page Academy 2.2 miles Private PK-8
Victoria Elementary School 2.2 miles Public KG-6 C+
Christ Lutheran School 2.3 miles Private PK-8
International School For Science And Culture 2.4 miles Public KG-8
Heinz Kaiser Elementary School 2.4 miles Public 3-6 A-
Wilson Elementary School 2.4 miles Public KG-6 C-
John H. Eader Elementary School 2.5 miles Public KG-5 A
Estancia High School 2.6 miles Public 9-12 B-

Carden Hall

Distance: 0.8 miles

Type Private

Grades: PK-8

Newport Heights Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-6

B+

Whittier Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-6

C-

Harper

Distance: 1.5 miles

Type Public

Grades: KG

Mariners Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-6

B+

Pomona Elementary School

Distance: 2 miles

Type Public

Grades: KG-6

C

Everett A. Rea Elementary School

Distance: 2.1 miles

Type Public

Grades: KG-6

B-

Woodland Child Devt Center

Distance: 2.2 miles

Type Private

Grades: PK-5

Woodland Elementary School

Distance: 2.2 miles

Type Public

Grades: KG-2

Page Academy

Distance: 2.2 miles

Type Private

Grades: PK-8

Victoria Elementary School

Distance: 2.2 miles

Type Public

Grades: KG-6

C+

Christ Lutheran School

Distance: 2.3 miles

Type Private

Grades: PK-8

International School For Science And Culture

Distance: 2.4 miles

Type Public

Grades: KG-8

Heinz Kaiser Elementary School

Distance: 2.4 miles

Type Public

Grades: 3-6

A-

Wilson Elementary School

Distance: 2.4 miles

Type Public

Grades: KG-6

C-

John H. Eader Elementary School

Distance: 2.5 miles

Type Public

Grades: KG-5

A

Estancia High School

Distance: 2.6 miles

Type Public

Grades: 9-12

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Newport Beach, CA 92663

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Newport Beach, CA 92663

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

77° August
Hottest Average Month
44° January
Coldest Average Month
9,436 Total Households in Area
-1.2% Increase in population since the year 2010
13.4%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Newport Beach, CA 92663

Newport Beach, CA 92663 has a population of 20,489 people in 9,436 households with a median age of 46.6 years old.

-1.2%
Decrease in population
since the year 2010
Population is Trending down
9,706
Total households as of 2010
2.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 46.6 years old. The smallest percentage group is 25-34 years and the largest percentage is the 6-11 years age range.

Community Population By Ethnicity

White 78%
Hispanic 13%
Asian 5%
Other 5%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 78%, followed by Hispanic at 13%, Asian at 5%, and Other at 5%.

Economics
for Newport Beach, CA 92663

4,376 /sq mi
Population Density
$127,217 /yr
Median Household Income
$2,834,500
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 29.11% of the households.

Transportation to Work

  • Drive 78%
  • Work from Home 18%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Rented 4,900 43%
Owned 4,537 40%
Vacant 1,915 17%

White vs Blue Collar Jobs







White Collar 92%
Blue Collar 8%

Family & Education Facts
for Newport Beach, CA 92663

46.6 Median Age

Average Household Size

2.1
persons per
household

37.1%

Married Households

Community Population By Education

Bachelors Degree 37%
Graduate Degree 23%
Some College 18%
High School Graduate 10%
Associates Degree 9%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 36.97% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
13.4% of households have children

Weather
for Newport Beach, CA 92663

The weather for this area ranges from a high of 77° F in August to a low of 44° F in January

77° August
Hottest Average Month
44° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
44°
65°
Feb
46°
66°
Mar
48°
67°
Apr
51°
66°
May
54°
68°
Jun
58°
71°
Jul
61°
75°
Aug
62°
77°
Sep
60°
76°
Oct
55°
73°
Nov
49°
71°
Dec
45°
66°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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