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20 Balboa Coves, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 5 bath

20 Balboa Coves, Newport Beach, California 92663 home-pic-0
ACTIVE$9,495,000
20 Balboa Coves, Newport Beach, California 92663
4Beds
5Baths
3,753Sqft
3,888Lot

Price Vs. Estimate

The estimated value ($9,495,000) is $0 (0%) lower than the list price ($9,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3888, living area = 3753.

Compared to the nearby listings

Price:$9.49M vs avg $4.45M (+$5,045,000)93%
Size:3,753 sqft vs avg 2,456 sqft84%
Price/sqft:$2.5K vs avg $1.8K79%

More Insights

Built in 2025 (0 years old).
Condition: This is a brand-new construction (built 2025) explicitly described as a 'modern coastal retreat' with 'top-tier Wolf and Sub-Zero appliances' in the chef's kitchen, 'European white oak floors,' 'natural stone and tile finishes,' and 'Crestron smart home automation.' The images confirm pristine, high-end, and contemporary design throughout, including the kitchen with its waterfall island and the luxurious bathrooms. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$9.49M
Original List price
$10.99M
Price/Sqft
$2,530
HOA
$246
Days on market
-
Sold On
-
MLS number
NP25167645
Home ConditionExcellent
Features
Excellent View: Bay, Back Bay, Canal, Catalina, City Lights, Ocean, Water
Patio
ViewBay,Back Bay,Canal,Catalina,City Lights,Ocean,Water

About this home

A rare opportunity to own a brand-new, architecturally striking waterfront home in the exclusive gated community of Balboa Coves. Designed by local experts Brian Liberto, architect Craig Hampton, and the renowned teams at MID Design and RDM General Contractors, this modern coastal retreat is a refined example of Newport Beach luxury living. Situated on an oversized 3,888 sq. ft. lot on the water with a private boat dock, this smart, tech-forward home offers approx. 3,753 sq. ft. of interior living space and over 5,000 sq. ft. total, including garage and outdoor areas. The open layout features 4 bedrooms, 4.5 bathrooms, and a private rooftop retreat with an additional bed and bath — ideal for entertaining or enjoying panoramic Catalina Island and ocean views. Inside, the home blends modern elegance with coastal warmth, offering European white oak floors, natural stone and tile finishes, tongue-and-groove ceilings, and custom oak detailing. The chef’s kitchen features top-tier Wolf and Sub-Zero appliances, while a temperature-controlled wine cellar holds up to 100 bottles. Powered by Crestron smart home automation, enjoy fully customizable lighting, climate, audio, and security — luxury at your fingertips. Step outside to experience the ultimate waterfront lifestyle with your own private boat dock — perfect for paddleboards, Duffy boats, or weekend cruises. The property also includes 4-car parking plus ample guest parking — a valuable bonus in this gated enclave. Balboa Coves is one of Newport Beach’s most private and coveted waterfront communities, with amenities including a dog park, playground, and peaceful, secure surroundings. You’re just a 5-minute walk or bike ride to Lido Marina Village, the beach, and The Wedge, with nearby access to Fashion Island, restaurants, shops, and freeways. Whether you're a boater, beach lover, or discerning buyer seeking a coastal dream home, this brand-new construction offers the best in design, lifestyle, and location. Live the Newport dream — schedule your private tour today.

Nearby schools

8/10
Newport Heights Elementary School
Public,•K-6•1.2mi
9/10
Newport Elementary School
Public,•PK-6•1.3mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.2mi
Condition Rating
Excellent
This is a brand-new construction (built 2025) explicitly described as a 'modern coastal retreat' with 'top-tier Wolf and Sub-Zero appliances' in the chef's kitchen, 'European white oak floors,' 'natural stone and tile finishes,' and 'Crestron smart home automation.' The images confirm pristine, high-end, and contemporary design throughout, including the kitchen with its waterfall island and the luxurious bathrooms. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Brand New Waterfront Construction: A rare, architecturally striking, brand-new waterfront home completed in 2025, offering a private boat dock in an exclusive gated community.
Luxury Finishes & Appliances: Features high-end European white oak floors, natural stone, custom oak detailing, a chef's kitchen with Wolf and Sub-Zero appliances, and a 100-bottle wine cellar.
Advanced Smart Home Technology: Equipped with Crestron smart home automation for customizable lighting, climate, audio, and security, providing modern convenience and luxury.
Prime Gated Community Location: Situated in Balboa Coves, a private and coveted waterfront community with amenities, offering walking/biking access to Lido Marina Village, the beach, and The Wedge.
Panoramic Views & Rooftop Retreat: Includes a private rooftop retreat with an additional bed and bath, ideal for entertaining and enjoying panoramic Catalina Island and ocean views.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3888, living area = 3753.
Significant Price Reductions: The property has seen substantial price reductions from its original listing of $10.995M to $9.495M, potentially indicating market resistance at this luxury price point.
Ongoing Association Fees: A monthly association fee of $246.0 adds to the recurring costs of ownership, which buyers will need to factor into their budget.
Limited Lot Size: While 'oversized' for a waterfront lot, the 3,888 sq. ft. lot size might be considered modest for a property in this ultra-luxury price range, potentially limiting expansive outdoor living space beyond the waterfront.

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