331 Walnut St Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated payment $17,182/month
Highlights
- Ocean View
- Property has ocean access
- Fishing
- Newport Elementary School Rated A
- Heated Lap Pool
- Across the Road from Lake or Ocean
About This Home
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 soirées, 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 ThermadorTM 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-door & stable-gate for breezy air allowances and safety for children/pets, two main entrances-which allows the opportunity to convert this into a multiple unit (as a separate rental potential), a nice sized garage, and so much more to list...ensuring happiness and ease of living. The third level is glorious for sitting under the dazzling stars for night-time celestial views, firework extravaganzas in season, gardening and embracing panoramic sights, view Catalina Island & take in the fresh ocean air.
Located close to popular surf and swim beaches, this home offers the quintessential Southern California lifestyle. Explore the vibrant nearby Lido Village and Mariners Mile, where dining, shopping, and entertainment await. Discover the perfect blend of elegance and coastal charm at 331 Walnut Street, where every detail has been thoughtfully curated for a life of luxury and well-being.
Listing Agent
COMPASS Brokerage Phone: 951-312-5206 License #02101599 Listed on: 12/28/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1962 | Remodeled
Lot Details
- 2,480 Sq Ft Lot
- Property fronts an alley
- Southeast Facing Home
- Security Fence
- Vinyl Fence
- Block Wall Fence
- Stucco Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
- Private Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $55 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Public Parking
- Rear-Facing Garage
- Two Garage Doors
- Garage Door Opener
- On-Street Parking
Property Views
- Ocean
- Catalina
- Panoramic
- City Lights
- Peek-A-Boo
- Neighborhood
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Interior Block Wall
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Flagstone
- Stucco
Interior Spaces
- 2,546 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Built-In Features
- Chair Railings
- Crown Molding
- Wainscoting
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Fireplace Features Masonry
- Gas Fireplace
- Double Pane Windows
- Shutters
- Custom Window Coverings
- Window Screens
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Recreation Room
- Bonus Room
- Carbon Monoxide Detectors
- Attic
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Self-Cleaning Oven
- Six Burner Stove
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
- Pots and Pans Drawers
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Mirrored Closets Doors
- Remodeled Bathroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- Bathroom on Main Level
- Granite Bathroom Countertops
- Quartz Bathroom Countertops
- Dual Sinks
- Freestanding Bathtub
- Soaking Tub
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Accessible Home Design
- Doors swing in
- Low Pile Carpeting
Pool
- Heated Lap Pool
- Heated In Ground Pool
Outdoor Features
- Property has ocean access
- Beach Access
- Balcony
- Deck
- Covered Patio or Porch
- Lanai
- Terrace
- Exterior Lighting
- Rooftop Access
- Rain Gutters
Location
- Across the Road from Lake or Ocean
- Property is near clubhouse and park
Schools
- Newport Elementary School
- Ensign Middle School
- Newport High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 8 / 15
- Tax Tract Number 772
- Assessor Parcel Number 04506536
- $380 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Newport Shores (News) Association, Phone Number (949) 378-6200
- Newport Shores HOA
- Newport Shores Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Recreation Room
Recreation
- Tennis Courts
- Pickleball Courts
- Sport Court
- Community Playground
- Community Pool
- Fishing
- Park
- Water Sports
- Bike Trail
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,583 | $1,763,298 | $1,494,303 | $268,995 |
| 2024 | $18,583 | $1,728,724 | $1,465,003 | $263,721 |
| 2023 | $18,147 | $1,694,828 | $1,436,278 | $258,550 |
| 2022 | $17,845 | $1,661,597 | $1,408,116 | $253,481 |
| 2021 | $17,504 | $1,629,017 | $1,380,506 | $248,511 |
| 2020 | $17,335 | $1,612,314 | $1,366,351 | $245,963 |
| 2019 | $16,978 | $1,580,700 | $1,339,559 | $241,141 |
| 2018 | $17,172 | $1,549,706 | $1,313,293 | $236,413 |
| 2017 | $16,851 | $1,507,000 | $1,287,542 | $219,458 |
| 2016 | $16,000 | $1,431,000 | $1,218,980 | $212,020 |
| 2015 | $16,091 | $1,431,000 | $1,218,980 | $212,020 |
| 2014 | $16,010 | $1,431,000 | $1,218,980 | $212,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $2,999,900 | -11.8% | $1,178 / Sq Ft |
| 09/17/2025 09/17/25 | For Sale | $3,399,900 | 0.0% | $1,335 / Sq Ft |
| 03/25/2025 03/25/25 | Off Market | $3,399,900 | -- | -- |
| 12/28/2024 12/28/24 | For Sale | $3,399,900 | -- | $1,335 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,265,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $360,000 | Fidelity National Title Co | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $885,500 | New Conventional | |
| Previous Owner | $288,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24254834
APN: 045-065-36
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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