4 months on rocket

34 Balboa Cvs, Newport Beach, CA, 92663

$7,500,000

5 Bedrooms
5 Full Baths, 1 Partial
3,800 SqFt
$1,974/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingControlled 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
Attached Garage3 spaces
Year Built2000
HeatingForced Air, Fireplace(s), Other
CoolingCentral Air, Electric, Other, Whole House Fan
WaterfrontBeach, Bay Front, Dock Access, Navigable Water, Ocean Access
FireplaceGas, Living Room, Primary Bedroom
ViewBay, Other, Water
MLS #NP24144348
Lot Size0.13 Acres
StatusActive

About 34 Balboa Cvs

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2000
  • Stories: 2
  • Living Area: 3,800 SqFt

Listing Office:

  • Office Name: L. D. Schmitz Properties
  • Office Phone: (949) 400-9940
  • Listing Agent: Larry Schmitz

Interior Features

Interior Information:

  • Appliances: Stove, Convection Oven, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Flooring Type: Stone
  • Interior: 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)
  • Fireplace: Gas, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Bay Front, Dock Access, Navigable Water, Ocean Access
  • View: Bay, Other, Water
  • Exterior: Awning(s), Barbecue, Boat Slip, Lighting, Rain Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 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

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Sprinklers
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s), Other
  • Cooling: Central Air, Electric, Other, Whole House Fan

Other

Directions Information:

  • Directions: Exit right off of Newport Blvd and make a right on Pacific Coast Highway and then a left at the first traffic light into the Balboa Coves gated entry. Left after going through gate.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,500,000
  • Price Per SqFt: $1,974/SqFt

HOA Fees:

  • Amount: $246
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $37,650
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

34 Balboa Cvs vs Newport Beach

130 DAYS ON ROCKET

+80 Days

$7,500,000

+$4.0M More

$1,974/SqFt

+$547 More

KEY TAKEAWAY

This property is $4.0M more than the Median Sold Price and $547/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24144348

Listing Office:

  • Office Name: L. D. Schmitz Properties
  • Office Phone: (949) 400-9940
  • Listing Agent: Larry Schmitz

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2010Home Sold
$3,000,000
Jun 30, 1998Home Sold
$690,000
May 28, 1998Home Sold
$600,000
Aug 26, 1994Home Sold
$637,500

Tax History

YEARPROP. TAXASSESSMENT
2021$37,650$3,550,830
2020$37,288$3,514,421
2019$35,779$3,445,511
2018$35,779$3,377,952
2017$35,144$3,311,718

History based on county public records data.

Payment Calculator

$37.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1000073
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 0.91 miles

  • Public District Grades KG-6

school-card-donut-1000074
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.32 miles

  • Public District Grades KG-6

school-card-donut-1000075
4
/10
  • Whittier Elementary School

  • 1800 Whittier Ave

  • 1.42 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $114,706. The majority of Newport Beach, CA residents have income between $100k-200k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 34 Balboa Cvs

What is the listing price of this property?

The listing price of 34 Balboa Cvs property is $7,500,000.

What type of property is this?

The property 34 Balboa Cvs is a house located in Newport Beach, California, 92663.

Is this property for sale now?

Active Listing: 34 Balboa Cvs is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $37,650 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 21, 2010 for $3,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 34 Balboa Cvs has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 34 Balboa Cvs is 3,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 34 Balboa Cvs is 2000.
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Rocket HomesCaliforniaOrange CountyNewport Beach9266334 Balboa Cvs

This home is located at 34 Balboa Cvs in Newport Beach, CA and zip code 92663 in the Balboa Peninsula neighborhood. This 3,800 square foot home, which was built in 2000, sits on a 0.13 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $7,500,000.

In October 2024, from all listings sold in Newport Beach, CA there were more than 6 sold above asking price, over 52 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Newport Beach, CA between September 2024 and October 2024 increased by 2.6%. The median list price of listings available in October 2024 was $3,475,000, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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