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238 Walnut St1 / 47 · Click to zoom

About this home

This meticulously maintained 4-bedroom, 2-bath Newport Shores home offers a spacious two-story floor plan plus two outdoor living spaces, a rare combination in this close-knit beach community. Hardwood floors throughout the main floor living areas, plantation shutters, exposed wood beams, tongue-and-groove ceilings, and a wood-burning brick fireplace add warmth and character. The flexible floor plan features an open kitchen with white cabinetry, granite countertops, stainless steel appliances, and a bright dining area that connects seamlessly to the living spaces. The main level includes a bedroom and adjacent bath with walk-in shower, while upstairs offers three additional bedrooms, including two connected by a Jack-and-Jill bath with dual sinks and granite countertops. A distinctive A-frame room adds flexibility and architectural character, making it ideal for a bonus room, playroom, home office, or creative space. Two outdoor living areas further enhance the home s appeal. The front patio offers privacy behind a brick wall and vinyl fencing, while the rear patio provides a shaded retreat beneath a pergola just off the kitchen, offering multiple spaces for relaxing, entertaining, and enjoying Southern California s outdoor lifestyle. The home has been well cared for over the years, with numerous updates and improvements throughout. Highlights include an updated kitchen and bathrooms, epoxy garage flooring, recent exterior paint, updated electrical panel, new furnace (2019), new hot water heater (2022), whole-home water softener, reverse osmosis drinking water system, termite fumigation (2025), and a 40-year roof installed approximately 20 years ago. Nestled along a tranquil canal, Newport Shores offers a unique coastal lifestyle with exceptional amenities. Residents enjoy access to a waterfront clubhouse, lap pool, tennis and basketball courts, beach volleyball, and picnic and BBQ areas. Just across the street, the beach awaits for surfing, swimming, and sunset walks. Local favorites including Vacancy Coffee and the Frog House Surf Shop are a short walk away, while other local destinations including the harbor, Lido Marina Village, Cannery Village, and Hoag Hospital are all just minutes away. The home is located within the award-winning Newport-Mesa Unified School District.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$438,000 · Feb 2001
📋 Assessed value$659,991
💵 Annual tax$7,248
🏫 School districtNewport-Mesa Unified School District

MLS #NP26125847MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$15,318
Principal & interest$12,363
Property tax$2,241
Home insurance$713
Down payment: $489,000Loan: $1,956,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.