$10,995,000
NEW CONSTRUCTION

Estimated payment $62,531/month

Total Views 44,583
4 Beds
4.5 Baths
3,753 Sq Ft
$2,930 Price per Sq Ft

Highlights

  • Hot Property
  • Ocean View
  • Home fronts a seawall
  • Newport Elementary School Rated A
  • Boat Dock
  • Boat Slip

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.

Listing Agent

Brian Liberto

The Agency Brokerage Phone: 714-931-3287 License #01473233 Listed on: 07/25/2025

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,456

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 3,888 Sq Ft Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Density is up to 1 Unit/Acre

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Back Bay
  • Catalina
  • City Lights
  • Canal

Home Design

  • Craftsman Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,753 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Microwave
  • Freezer
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas And Electric Dryer Hookup

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Boat Slip
  • Docks
  • Balcony
  • Outdoor Grill

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 42303121

Community Details

Overview

  • Balboa Coves Association, Phone Number (949) 215-8485
  • Boyd Management HOA
  • Balboa Coves Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Community Playground
  • Park
  • Dog Park

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,456

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$246 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Balboa Coves (BLCV)
  • View: Yes
  • Architectural Style: Craftsman, Modern
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42303121
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3753.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Ceiling Fan(s), Elevator, High Ceilings, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Storage, Wired for Data, Wired for Sound
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2929.66
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Bathroom Features: Bathtub, Shower, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Exterior Features: Boat Slip
  • View: Back Bay, Bay, Canal, Catalina, City Lights, Ocean, Water
  • Pool Private: No
  • Roof: Metal
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Disposal, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Fireplace(s), Forced Air, Natural Gas, Solar
  • Laundry Features: Gas & Electric Dryer Hookup, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Dog Park, Dock, Trash, Pets Permitted, Controlled Access
  • Association Fee: 246.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Coves
  • Phone: 9492158485
  • Senior Community: No
  • Community Features: Park
  • Association Management: Boyd Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3888.00
  • Lot Size Acres: 0.0893

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3888.0000 Square Feet
  • Number Of Units In Community: 68
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front, Includes Dock, Seawall

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 00000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,456 $5,291,428 $4,138,711 $1,152,717
2024 $44,456 $4,187,610 $4,057,560 $130,050
2023 $43,418 $4,105,500 $3,978,000 $127,500
2022 $25,068 $2,348,332 $2,265,641 $82,691
2021 $24,587 $2,302,287 $2,221,217 $81,070
2020 $24,351 $2,278,680 $2,198,441 $80,239
2019 $2,138 $169,147 $118,738 $50,409
2018 $2,025 $165,831 $116,410 $49,421
2017 $1,989 $162,580 $114,128 $48,452
2016 $1,947 $159,393 $111,891 $47,502
2015 $1,925 $156,999 $110,210 $46,789
2014 $1,879 $153,924 $108,051 $45,873
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $10,995,000 0.0% $2,930 / Sq Ft
09/08/2025 09/08/25 Off Market $10,995,000 -- --
09/04/2025 09/04/25 For Sale $10,995,000 0.0% $2,930 / Sq Ft
09/03/2025 09/03/25 Off Market $10,995,000 -- --
08/20/2025 08/20/25 For Sale $10,995,000 0.0% $2,930 / Sq Ft
08/20/2025 08/20/25 Off Market $10,995,000 -- --
07/25/2025 07/25/25 For Sale $10,995,000 +173.2% $2,930 / Sq Ft
04/29/2022 04/29/22 Sold $4,025,000 +11.8% $3,241 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $3,600,000 -- $2,899 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,025,000 Wfg National Title
Grant Deed $2,100,000 En Title Insurance Company
Affidavit Of Death Of Life Tenant -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Closed $655,000 New Conventional
Closed $655,000 New Conventional
Open $3,700,000 New Conventional
Closed $4,025,000 New Conventional
Previous Owner $1,563,800 Construction
Previous Owner $100,000 New Conventional
Previous Owner $117,210 Unknown
Source: Public Records

About the Listing Agent

Brian Liberto

The Agency

(949) 347-5370

Section Image

Having spent his formative years in Newport Beach and honing his skills at Mater Dei High School and San Diego State University, Brian is as local as they come. His deep-rooted connection to this community drives his passion for providing an unparalleled level of service to his clients. As an active member of the Balboa Bay Club and mentor to young basketball enthusiasts, Brian's commitment to giving back to his community runs deep.

The nexus of technology and real estate is Brian's

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25167645

California Regional Multiple Listing Service (CRMLS)

APN: 423-031-21