331 Walnut St Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated payment $17,263/month
Highlights
- Water Views
- Fishing
- Primary Bedroom Suite
- In Ground Pool
- Rooftop Deck
- Across the Road from Lake or Ocean
About This Home
Newport Shores - Positioned in West Newport Beach, this five-bedroom, five-and-one-half-bath residence offers a rare opportunity to live the Southern California coastal lifestyle steps from the sand. Thoughtfully updated throughout, the home delivers generous living spaces, refined finishes, and a versatile floor plan designed for both everyday living and effortless entertaining.
At its center, a remodeled kitchen features quartz countertops, an expansive island, custom cabinetry, and a professional six-burner gas range. The kitchen opens directly into the family room and dining area beneath soaring ceilings appointed with crown molding, wainscoting, and skylights that invite coastal light through every hour of the day. A main-level bedroom suite provides ideal accommodations for guests, extended family, or multigenerational living.
Upstairs, the primary suite serves as a private retreat complete with a soaking tub, and a separate shower. Three additional bedroom suites each offer remodeled baths, while an expansive bonus room, and secondary staircase provide a level of flexibility rarely found within Newport Shores.
The home is designed to embrace Newport Beach's year-round coastal climate. Multiple outdoor living areas include a covered patio, open terrace, and a rooftop deck capturing panoramic views, coastal breezes, sunsets, and city lights. Additional appointments include double-pane windows, custom window coverings, and an attached two-car garage with guest parking nearby. Residents of Newport Shores enjoy a unique access to an exceptional collection of community amenities, including a heated pool, clubhouse, recreation room, pickleball and tennis courts, sport courts, playground, barbecue and picnic areas, and canal access for paddleboarding, kayaking, fishing, and a variety of waterfront activities.
Listing Agent
Pacific Sotheby's International Realty Brokerage Phone: 949-677-5268 License #01015709 Listed on: 06/05/2026
Co-Listing Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 949-677-5268 License #01024996
Home Details
Home Type
- Single Family
Year Built
- Built in 1962 | Remodeled
Lot Details
- 2,480 Sq Ft Lot
- Wood Fence
- Level Lot
- Zero Lot Line
HOA Fees
- $55 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Single Garage Door
Property Views
- Water
- Catalina
- City Lights
- Mountain
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 2,546 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Built-In Features
- Chair Railings
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace With Gas Starter
- Double Pane Windows
- Sliding Doors
- Entryway
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Bonus Room
- Center Hall
- Laundry in Garage
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Self-Cleaning Oven
- Six Burner Stove
- Gas Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Quartz Countertops
- Pots and Pans Drawers
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Remodeled Bathroom
- Granite Bathroom Countertops
- Stone Bathroom Countertops
- Soaking Tub
- Separate Shower
- Exhaust Fan In Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
- More Than Two Accessible Exits
Pool
- In Ground Pool
- Spa
- Fence Around Pool
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
- Lanai
- Terrace
- Exterior Lighting
Location
- Across the Road from Lake or Ocean
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- 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
- $407 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Call Association, Phone Number (949) 677-5268
- Newport Shores Subdivision
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Recreation Room
- Laundry Facilities
Recreation
- Tennis Courts
- Pickleball Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Fishing
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $18,881 | $1,798,563 | $1,524,189 | $274,374 |
| 2025 | $18,881 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $2,850,000 | -3.4% | $1,119 / Sq Ft |
| 06/05/2026 06/05/26 | For Sale | $2,950,000 | -- | $1,159 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,300,000 | New Conventional | |
| Closed | $625,500 | New Conventional | |
| Closed | $34,000 | Unknown | |
| Closed | $70,000 | Stand Alone Second | |
| Closed | $885,500 | New Conventional | |
| Previous Owner | $283,300 | Stand Alone First | |
| Previous Owner | $288,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26120563
APN: 045-065-36
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