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.
For sale
Listing Provided by:
COLLEEN GRIGGS DRE #02101599 951-312-5206,
COMPASS
Price cut: $400K (11/7)
$2,999,900
331 Walnut St, Newport Beach, CA 92663
5beds
2,546sqft
Est.:
Single Family Residence
Built in 1962
2,480 Square Feet Lot
$-- Zestimate®
$1,178/sqft
$55/mo HOA
What's special
Colossal poolRoof-top balconyMultiple patiosTech-smart-home livingElegant claw-foot soaking tubSoaring ceilingsBarbecue area
- 172 days |
- 805 |
- 46 |
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 02:58pm
Listing Provided by:
COLLEEN GRIGGS DRE #02101599 951-312-5206,
COMPASS
Source: CRMLS,MLS#: IV24254834
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Attic, Bonus Room, Bedroom, Family Room, Guest Quarters, Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Recreation, Dining Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Full Bath on Main Level, Granite Counters, Linen Closet, Quartz Counters, Remodeled, Soaking Tub, Separate Shower
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Quartz Counters, Stone Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Heating
- Central, Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: 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
- Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
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)
- Flooring: Carpet, Tile, Wood
- Doors: Mirrored Closet Door(s)
- Windows: Custom Covering(s), Double Pane Windows, Drapes, Screens, Skylight(s), Shutters
- Has fireplace: Yes
- Fireplace features: Gas, Gas Starter, Living Room, Masonry
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,546 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Garage, Garage Door Opener, Public, Garage Faces Rear, On Street
- Attached garage spaces: 2
Accessibility
- Accessibility features: Low Pile Carpet, Accessible Doors
Features
- Levels: Two
- Stories: 2
- Entry location: 2
- Patio & porch: Concrete, Covered, Deck, Front Porch, Lanai, Open, Patio, Porch, Rooftop, Terrace
- Exterior features: Lighting, Rain Gutters
- Pool features: Heated, In Ground, Lap, Association
- Spa features: None
- Fencing: Block,Security,Stucco Wall,Vinyl
- Has view: Yes
- View description: Catalina, City Lights, Neighborhood, Ocean, Panoramic, Peek-A-Boo, Water
- Has water view: Yes
- Water view: Ocean,Water
- Waterfront features: Across the Road from Lake/Ocean, Beach Access, Ocean Access
Lot
- Size: 2,480 Square Feet
- Features: 0-1 Unit/Acre, Close to Clubhouse, Front Yard, Sprinklers In Front, Landscaped, Near Park, Rectangular Lot, Street Level, Yard
Details
- Parcel number: 04506536
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Drywall, Flagstone, Stucco, Wood Siding
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Fishing, Park
- Security: Carbon Monoxide Detector(s)
- Subdivision: Newport Shores (News)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Sport Court, Management, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Tennis Court(s)
- HOA fee: $55 monthly
- HOA name: Newport Shores (NEWS)
- HOA phone: 949-378-6200
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,178/sqft
- Tax assessed value: $1,763,298
- Date on market: 12/28/2024
- Cumulative days on market: 172 days
- Listing terms: Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,VA Loan
- Exclusions: washer/dryer and fridge are negotiable
- Road surface type: Alley Paved, Paved
Estimated market value
Not available
Estimated sales range
Not available
$7,694/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Price change | $2,999,900-11.8%$1,178/sqft |
Source:  CRMLS #IV24254834 Report a problem | ||
| 9/17/2025 | Listed for sale | $3,399,900$1,335/sqft |
Source: CRMLS #IV24254834 Report a problem | ||
| 3/25/2025 | Listing removed | $3,399,900$1,335/sqft |
Source: CRMLS #IV24254834 Report a problem | ||
| 12/29/2024 | Listed for sale | $3,399,900+13.5%$1,335/sqft |
Source: CRMLS #IV24254834 Report a problem | ||
| 8/3/2023 | Listing removed | -- |
Source:  bridgeMLS/CCAR/Bay East AOR #CRNP23037145 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,763,298 +2% |
| 2024 | $18,582 +2.4% | $1,728,724 +2% |
| 2023 | $18,147 +1.7% | $1,694,828 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$18,663/mo
Principal & interest
$14883
Property taxes
$2675
Other costs
$1105
Climate risks
Neighborhood: 92663
Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 2.4 mi
- 8/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 2.1 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Newport
- Middle: Ensign
- High: Newport
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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