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34 Balboa CovesNewport Beach, CA 92663

For Sale

$7,500,000

Smart Buyer Rebate $75,000

PRICE REDUCTION! Welcome to this beautiful Mediterranean Villa on the bay, nestled in Balboa Coves. This jewel of a private gated community is a rarity that has ample parking and only 68 homes. When entering the house, it has a 20-foot rotunda ceiling with recessed lighting and a beautiful light fixture. The home features travertine tile flooring throughout. Upon entry, there is a bedroom to the right with an on-suite bathroom. On the left is a laundry room and guest bathroom. When walking down the hallway you’re looking across the bay at Newport Island. Next on the first floor comes the beautiful tranquil master bedroom with a fireplace, and a walk-in closet. The living room has an open concept with separate bar, kitchen, living and dining areas, as well as a half bath. The living room also features a fireplace and fully retractable sliding doors that open the entire side of the home to an expansive view of the bay, the main patio and a private beach. The kitchen is equipped with modern appliances and a walk-in pantry. The upstairs has 3 bedrooms and 2 baths (one of which is currently configured as an office). There is also a bonus/media/flex room with unobstructed balcony and bay views. The main level also features a private courtyard with a built in BBQ, waterfall and a large in-ground jacuzzi. There is a spacious 3 car garage with 3 doors and a Tesla 80 amp wall charger. The property also includes a deeded boat dock that will accommodate up to a 35-foot boat. Included in the sale price of the house is a 2003 Pro Cat 29-foot motor catamaran in excellent condition with two Yamaha 300 HP engines, that were purchased in 2023. This will give you the opportunity to cruse under the bridge to the open harbor to many bay-front restaurants. Nobu the famous Japanese Cuisine Restaurant, Rusty Pelican, Billy's, The Winery and Woody’s Wharf etc. A short bike ride to Lido Village, Lido Island and the ocean. Close proximity, to freeways and quick access to Orange County Airport. Just a short hop down Coast Highway to more great restaurants and the prominent Fashion Island Shopping Center. Hoag Hospital is just up the street. This is a great location that provides the opportunity to enjoy the beach life. There are seldom homes for sale in the community! *THE OWNERS WOULD PREFER TO SELL THE HOUSE FURNISHED!

Listed by Larry Schmitz

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License #00919049

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L. D. Schmitz Properties

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949-400-9940

Listed by Jake Arnett

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License #01956815

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L. D. Schmitz Properties

Last updated December 04, 2024

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Source: CRMLS #NP24144348

Listing Facts

  • TypeSingle-family
  • NeighborhoodWest Newport Beach
  • Bedrooms5
  • Bathrooms5.5
  • Days on Prevu418
  • HOA/Maint. Fees$246/month
  • Size3,800 sqft
  • Price per sqft$1,974

Amenities

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

Location

Mortgage Calculator

Listing History

11/19/2024
Price Decreased
$7,500,000
10/02/2024
Price Decreased
$8,475,000
10/01/2024
Status changed to Active
$8,975,000
10/01/2024
Status changed to Removed from Feed
$8,975,000
09/17/2024
Status changed to Active
$8,975,000
09/17/2024
Status changed to Removed from Feed
$8,975,000
07/16/2024
Listed by L. D. Schmitz Properties
$8,975,000

Property Details for 34 Balboa Coves

Association

Amenities

  • Association Amenities: Controlled Access, Dock, Playground
  • Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Gated, Park

Fees

  • Association Fee: $246.00 Monthly

General

  • Association Name: Balboa Coves

Exterior

Construction

  • Number Of Units Total: 1
  • Property Condition: Turnkey
  • Roof: Spanish Tile
  • Stories: 2
  • Stories Total: 2
  • Structure Type: House
  • Window Features: Blinds, Custom Covering(s), Double Pane Windows, Drapes, Insulated Windows
  • Year Built: 2000
  • Architectural Style: Mediterranean
  • Common Walls: No Common Walls
  • Construction Materials: Drywall, Glass, Plaster, Stone, Stucco, Copper Plumbing
  • Entry Level: 1
  • Entry Location: Ground level with step
  • Exterior Features: Awning(s), Barbecue, Boat Slip, Lighting, Rain Gutters

Features

  • Fencing: Excellent Condition, Stucco Wall, Wrought Iron
  • Patio And Porch Features: Rear Porch, Covered, Open, Patio, Stone
  • Road Frontage Type: City Street,Private Road
  • View: Bay, Courtyard, Water
  • Waterfront Features: Beach Access, Beach Front, Bayfront, Dock Access, Navigable Water, Ocean Access

Measurements

  • Lot Features: 0-1 Unit/Acre, Near Park, Rectangular Lot, Sprinklers Timer, Street Level
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,750
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,750
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 42304112

Interior

Features

  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Fireplace Features: Gas, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Stone
  • Interior Features: Breakfast Bar, Balcony, Central Vacuum, Coffered Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Smart Home, Bar, Bedroom On Main Level, Entrance Foyer, Jack And Jill Bath, Main Level Primary, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Spa Features: Heated, In Ground, Private, See Remarks
  • Spa: Yes

Measurements

  • Living Area: 3,800
  • 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: 4
  • Main Level Bedrooms: 2

Other

General

  • Exclusions: Personal Items, Workout Equipment

Location

  • Subdivision Name: Balboa Coves (BLCV)
  • Tax Lot: 34

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Controlled Entrance, Door-Multi, Direct Access, Driveway Level, Driveway, Electric Vehicle Charging Station(s), Garage Faces Front, Garage, Garage Door Opener, Guest, Gated, Paved, Private, See Remarks
  • Parking Total: 3

Schools

High School

  • High School District: Newport Mesa Unified

Utilities

Equipment

  • Cooling: Central Air, Electric, See Remarks, Whole House Fan
  • Has Cooling: Yes
  • Electric: 220 Volts In Garage, Standard
  • Heating: Forced Air, Fireplace(s), See Remarks
  • Has Heating: Yes
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, See Remarks, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

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.