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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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331 Walnut Street, Newport Beach – $2,999,900

  • 5 Beds
  • 6 Baths
  • 2,546 Sqft
  • .06 Acres
  • 5 Beds
  • 6 Baths
  • 2,546 Sqft
  • .06 Acres

331 Walnut Street

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.

Essential Information

  • MLS® #IV24254834
  • Price$2,999,900
  • Bedrooms5
  • Bathrooms6.00
  • Full Baths5
  • Half Baths1
  • Square Footage2,546
  • Acres0.06
  • Year Built1962
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional
  • StatusActive

Community Information

  • Address331 Walnut Street
  • AreaN8 - West Newport - Lido
  • SubdivisionNewport Shores (NEWS)
  • CityNewport Beach
  • CountyOrange
  • Zip Code92663

Amenities

  • Parking Spaces2
  • # of Garages2
  • Has PoolYes

Amenities

Clubhouse, Sport Court, Management, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Tennis Court(s)

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Parking

Door-Multi, Garage, Garage Door Opener, Public, Garage Faces Rear, On Street

Garages

Door-Multi, Garage, Garage Door Opener, Public, Garage Faces Rear, On Street

View

Catalina, City Lights, Neighborhood, Ocean, Panoramic, Peek-A-Boo, Water

Waterfront

Across the Road from Lake/Ocean, Beach Access, Ocean Access

Pool

Heated, In Ground, Lap, Association

Interior

  • InteriorCarpet, Tile, Wood
  • CoolingCentral Air
  • FireplaceYes
  • # of Stories2
  • StoriesTwo

Interior 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)

Appliances

SixBurnerStove, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Dryer, Washer

Heating

Central, Forced Air, Fireplace(s)

Fireplaces

Gas, Gas Starter, Living Room, Masonry

Exterior

  • Exterior FeaturesLighting, Rain Gutters
  • RoofAsphalt, Shingle
  • FoundationSlab

Exterior

Drywall, Flagstone, Stucco, Wood Siding

Lot Description

ZeroToOneUnitAcre, Close to Clubhouse, Front Yard, Sprinklers In Front, Landscaped, Near Park, Rectangular Lot, Street Level, Yard

Windows

Custom Covering(s), Double Pane Windows, Drapes, Screens, Skylight(s), Shutters

Construction

Drywall, Flagstone, Stucco, Wood Siding

School Information

  • DistrictNewport Mesa Unified
  • ElementaryNewport
  • MiddleEnsign
  • HighNewport

Additional Information

  • Date ListedDecember 28th, 2024
  • Days on Market153
  • HOA Fees55
  • HOA Fees Freq.Monthly

Listing Details

  • AgentColleen Griggs
  • OfficeCOMPASS
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Price Change History for 331 Walnut Street, Newport Beach, (MLS® #IV24254834)

Date Details Change
Price Reduced from $3,399,900 to $2,999,900 $400,000 (11.77%)

Colleen Griggs, COMPASS.

Based on information from California Regional Multiple Listing Service, Inc. as of November 22nd, 2025 at 6:20pm PST. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.