331 Walnut Street, Newport Beach, CA 92663
- 5 beds
- 6 baths
- 2,546 sq ft
- 2,480 sq ft lot
- Built 1962
$2,850,000
Subdivision Newport Shores
10 single-family homes sold in the past 12 months · median $2,385,000
The home
About 331 Walnut Street
Newport Shores - Positioned in West Newport Beach, this five-bedroom, five-and-one-half-bath residence offers a rare opportunity to live the Southern California coastal lifestyle steps from the sand. Thoughtfully updated throughout, the home delivers generous living spaces, refined finishes, and a versatile floor plan designed for both everyday living and effortless entertaining.
At its center, a remodeled kitchen features quartz countertops, an expansive island, custom cabinetry, and a professional six-burner gas range. The kitchen opens directly into the family room and dining area beneath soaring ceilings appointed with crown molding, wainscoting, and skylights that invite coastal light through every hour of the day. A main-level bedroom suite provides ideal accommodations for guests, extended family, or multigenerational living.
Upstairs, the primary suite serves as a private retreat complete with a soaking tub, and a separate shower. Three additional bedroom suites each offer remodeled baths, while an expansive bonus room, and secondary staircase provide a level of flexibility rarely found within Newport Shores.
The home is designed to embrace Newport Beach's year-round coastal climate. Multiple outdoor living areas include a covered patio, open terrace, and a rooftop deck capturing panoramic views, coastal breezes, sunsets, and city lights. Additional appointments include double-pane windows, custom window coverings, and an attached two-car garage with guest parking nearby. Residents of Newport Shores enjoy a unique access to an exceptional collection of community amenities, including a heated pool, clubhouse, recreation room, pickleball and tennis courts, sport courts, playground, barbecue and picnic areas, and canal access for paddleboarding, kayaking, fishing, and a variety of waterfront activities.
Property details for 331 Walnut Street
This 5-bedroom, 6-bath single-family home sits in the Newport Shores neighborhood of Newport Beach in Orange County. It offers 2,546 square feet of living space and is listed at $2,850,000, about $1,119 per square foot. The home was built in 1962. The MLS record lists the assessor parcel number as 045-065-36. Highlights include Catalina and water views, a community pool and spa, a fireplace, an attached two-car garage, a 2,479-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,850,000
- Days On Site
- 142 Days
- Bedrooms
- 5
- Inside Area (SqFt)
- 2,546 sqft
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Lot Size
- 2,480 SqFt
- Year Built
- 1962
- MLS® Number
- PW26120563
- Status
- Pending
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $55 monthly
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- PW26120563
- Year Built
- 1962
- Living Area (sq ft)
- 2,546
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,480
- Lot Size (acres)
- 0.0569
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 5
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Catalina, City Lights, Mountains, Water
- HOA Dues
- $55
- HOA Frequency
- Monthly
- HOA Name
- Call
- Parcel Number
- 04506536
- On Market Date
- 2026-06-05
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Breakfast Bar, Built In Features, Balcony, Chair Rail, Ceiling Fans, Crown Molding, Cathedral Ceilings, Eat In Kitchen, Granite Counters, High Ceilings, Multiple Staircases, Open Floorplan, Paneling Wainscoting, Quartz Counters, Stone Counters, Recessed Lighting, Two Story Ceilings, Bedroom On Main Level, Primary Suite
- Appliances
- Six Burner Stove, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
- Flooring
- Carpet, Stone
- Heating
- Central, Natural Gas
- Cooling
- Central Air
- Fireplace
- Gas Starter, Living Room
- Laundry
- Inside, In Garage
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Double Pane Windows
- Doors
- Sliding Doors
- Accessibility
- Safe Emergency Egress From Home, Accessible Doors
- Rooms
- Entry Foyer, Primary Bedroom, Bathroom, Kitchen, Family Room, Bonus Room, Center Hall, Great Room, Living Room, Bedroom
Exterior Features
- Architectural Style
- Traditional
- Exterior Features
- Lighting
- Roof
- Composition
- Construction
- Drywall, Stucco
- Foundation
- Slab
- Lot Features
- Level, Street Level, Zero Lot Line
- Patio and Porch
- Deck, Lanai, Rooftop, Terrace
- Parking
- Direct Access, Door Single, Garage
- Fencing
- Wood
- Pool Features
- Fenced, In Ground, Association
- Spa
- Association
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Newport Shores (NEWS)
- Community Features
- Biking, Curbs, Fishing, Street Lights, Sidewalks, Water Sports
- Association Amenities
- Sport Court, Management, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pickleball, Pool, Recreation Room, Spa Hot Tub, Tennis Courts
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 331 Walnut Street
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 15, 2026 | Status changed to Pending | From Active Under Contract | |
| Sep 8, 2026 | Status changed to Active Under Contract | From Active | |
| Jul 22, 2026 | Price reduced | $2,850,000 | From $2,950,000 |
| Jun 5, 2026 | Relisted | $2,950,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 331 Walnut Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0264K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 53 of 59 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 59 of 59. DSL: AT&T, up to 75 Mbps, at 5 of 59.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590636032004, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.7 miles away (ChargePoint, 2 Level 2 ports). 130 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Cost of ownership
Estimated monthly payment
7.32% · 30-yr fixed$
$22,140/mo
10% down · 30-year fixed · $285,000 down
Principal & interest$17,620
Mortgage insurance (est., over 80% LTV)$1,069
Property tax (est. 1.08%)$2,565
Home insurance (rough est., varies widely)$831
HOA from listing$55
$19,113/mo
20% down · 30-year fixed · $570,000 down
Principal & interest$15,662
Property tax (est. 1.08%)$2,565
Home insurance (rough est., varies widely)$831
HOA from listing$55
$17,155/mo
30% down · 30-year fixed · $855,000 down
Principal & interest$13,704
Property tax (est. 1.08%)$2,565
Home insurance (rough est., varies widely)$831
HOA from listing$55
Estimated carrying cost
$3,451/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,565
Home insurance (rough est., varies widely)$831
HOA from listing$55
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.32% (week of Oct 22, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 331 Walnut Street
Want to see 331 Walnut Street in person? We have guided buyers through Newport Shores and the wider Newport Beach market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 331 Walnut Street
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Newport Shores home sales, past 12 months
- Homes sold
- 10
- Median price
- $2,385,000
- Median days on market
- 22
- Median per sq ft
- $1,532
Recorded MLS closings of single-family homes, Oct 18, 2025 to Oct 18, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Newport Shores sales
At $1,119 per square foot, this home's asking price is 27% below the Newport Shores median of $1,532 for single-family homes that closed in the past 12 months.
Recent Newport Shores sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 327 62nd Street | Aug 28, 2026 | $2,445,000 | 1,477 | $1,655 | 168 |
| 258 Walnut | Jun 5, 2026 | $2,325,000 | 1,348 | $1,725 | 54 |
| 468 Prospect Street | Jun 2, 2026 | $1,800,000 | 1,167 | $1,542 | 4 |
| 354 62nd Street | May 8, 2026 | $3,200,000 | 2,311 | $1,385 | 30 |
| 335 Walnut | Apr 26, 2026 | $2,262,500 | 1,573 | $1,438 | 0 |
Schools
Schools for 331 Walnut Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 331 Walnut Street, Newport Beach
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Listed by Victor Vasu of Pacific Sotheby's International Realty
Listing information updated Oct 23, 2026 at 9:57 AM PT. Source: CRMLS.
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. The 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, the 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.