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331 Walnut StreetNewport Beach, CA 92663

For Sale

$2,999,900

Smart Buyer Rebate $29,999

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 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-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.

Listed by COLLEEN GRIGGS

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License #02101599

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COMPASS

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951-312-5206

Last updated November 07, 2025

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Source: CRMLS #IV24254834

Listing Facts

  • TypeSingle-family
  • NeighborhoodNewport Shores
  • Bedrooms5
  • Bathrooms5.5
  • Days on Prevu347
  • HOA/Maint. Fees$55/month
  • Size2,546 sqft
  • Price per sqft$1,178

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/07/2025
Price Decreased
$2,999,900
10/28/2025
Status changed to Active
$3,399,900
10/21/2025
Status changed to Removed from Feed
$3,399,900
10/17/2025
Status changed to Active
$3,399,900
10/16/2025
Status changed to Removed from Feed
$3,399,900
10/04/2025
Status changed to Active
$3,399,900
10/03/2025
Status changed to Removed from Feed
$3,399,900
09/18/2025
Status changed to Active
$3,399,900
03/28/2025
Status changed to Withdrawn
$3,399,900
03/25/2025
Status changed to Temporarily Off Market
$3,399,900
12/28/2024
Listed by COMPASS
$3,399,900

Property Details for 331 Walnut Street

Association

Amenities

  • Association Amenities: Clubhouse, Sport Court, Management, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Tennis Court(s)
  • Community Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Fishing, Park

Fees

  • Association Fee: $55.00 Monthly

General

  • Association Name: Newport Shores (NEWS)

Exterior

Construction

  • Number Of Units Total: 1
  • Property Condition: Updated/Remodeled, Turnkey
  • Roof: Asphalt, Shingle
  • Stories: 2
  • Stories Total: 2
  • Structure Type: House
  • Window Features: Custom Covering(s), Double Pane Windows, Drapes, Screens, Skylight(s), Shutters
  • Year Built: 1962
  • Architectural Style: Traditional
  • Common Walls: No Common Walls
  • Construction Materials: Drywall, Flagstone, Stucco, Wood Siding
  • Entry Level: 1
  • Entry Location: 2
  • Exterior Features: Lighting, Rain Gutters

Features

  • Direction Faces: Southeast
  • Fencing: Block, Security, Stucco Wall, Vinyl
  • Patio And Porch Features: Concrete, Covered, Deck, Front Porch, Lanai, Open, Patio, Porch, Rooftop, Terrace
  • Pool Features: Heated, In Ground, Lap, Association
  • Road Frontage Type: Alley,City Street
  • View: Catalina, City Lights, Neighborhood, Ocean, Panoramic, Peek-A-Boo, Water
  • Waterfront Features: Across The Road From Lake/Ocean, Beach Access, Ocean Access

Measurements

  • Lot Features: 0-1 Unit/Acre, Close To Clubhouse, Front Yard, Sprinklers In Front, Landscaped, Near Park, Rectangular Lot, Street Level, Yard
  • Lot Size Acres: 0.05
  • Lot Size Area: 2,480
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,480
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 04506536

Interior

Features

  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Dryer, Washer
  • Fireplace Features: Gas, Gas Starter, Living Room, Masonry
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Breakfast Bar, Built-in Features, Balcony, Block Walls, Chair Rail, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, In-Law Floorplan, Multiple Staircases, Open Floorplan, Paneling/Wainscoting, Stone Counters, Attic, Bedroom On Main Level, Walk-In Closet(s)

Measurements

  • Living Area: 2,546
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1

Other

Features

  • Accessibility Features: Low Pile Carpet, Accessible Doors

General

  • Exclusions: washer/dryer and fridge are negotiable

Location

  • Subdivision Name: Newport Shores (NEWS)
  • Tax Block: 15
  • Tax Lot: 8

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Door-Multi, Garage, Garage Door Opener, Public, Garage Faces Rear, On Street
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Newport

High School

  • High School: Newport
  • High School District: Newport Mesa Unified

Middle or Junior School

  • Middle Or Junior School: Ensign

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: Electricity - On Property, Standard
  • Heating: Central, Forced Air, Fireplace(s)
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 5.5 bathrooms in this single-family home at 331 Walnut Street.

What schools are nearby to 331 Walnut Street?

Nearby schools include the Newport Elementary School, Ensign Middle School, and Newport High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 331 Walnut Street.

How does 331 Walnut Street compare to other single-family homes in Newport Shores?

This single-family home is listed 13% below the average price for single-family homes in Newport Shores and has been on the market for 295 more days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is part of the Newport Shores (NEWS) home owners association.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,546 sqft.

331 Walnut Street is a 5-bedroom, 5.5-bath single-family home for sale in Newport Beach CA 92663. Available on Prevu for 347 days at $2,999,900. This includes a recent price decrease of $400,000. This residence features 2,546 square feet of living space, located in Newport Shores. The median listing price for single-family homes in this area is $3,399,900. Nearby schools include Newport Elementary School, Ensign Middle School, and Newport High School. Additional amenities include private outdoor space, dishwasher, air conditioning, parking, swimming pool, and washer/dryer. Browse more single-family home listings in Orange County.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.