421 E Edgewater Ave, Newport Beach, CA 92661
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421 E Edgewater Ave Newport Beach, CA 92661

$7,945,000
  • 4 Beds
  • 3.5 Baths
  • 2,614 Sq.Ft.
For Sale
$7,945,000 Get Pre-Qualified

Map preview of 421 E Edgewater Ave, Newport Beach, CA 92661

Property Overview: 421 E Edgewater Ave Newport Beach, CA has 4 bedrooms, 3.5 bathrooms, 2,614 living square feet and 3,136 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: EARN INSTANT EQUITY WITH APPROVED PLANS TO ADD A THIRD FLOOR! Perfectly situated on the coveted Balboa Peninsula, this property offers a fantastic opportunity that will actually double the value of your investment in just 8 months. APPROVED PLANS include a new roof, new siding,new inside laundry room on 2nd floor, new bi-fold doors, new black windows and a new glass elevator to all three floors. The addition on the third floor will have a fifth bed and full bath, large California room with disappearing glass walls that open to arguably the largest roof deck in the area. The magnificent rooftop terrace will be an entertainer's dream with its covered and uncovered lounging areas, outdoor kitchen, fire pit and hot tub overlooking the Newport Harbor. This Cape Cod Contemporary home currently features a large open concept great room and dining area, deluxe chef’s kitchen with 60 inch Viking range, Sub Zero refrigerator and large island. The second floor is highlighted by a gracious master bedroom suite with stunning views of the bay, a generous sitting area, fireplace, and wine refrigerator. Two spacious en suite bedrooms and a bedroom/office complete the second level. Last but certainly not least, you will have direct access to your private beach and private dock capable of accommodating a 65 foot boat and a Duffy. Don't let this opportunity pass you by, call now to get access to the full set of plans and to see the property.

Listed by Jodi DiTolla | BRE #01969994 | DiTolla Real Estate
Last checked: 2 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 141
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Home details

Lot Sq. Ft
3,136
HOA Dues
$0/mo
Year built
2003
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP23205757
City
Newport Beach
County
Orange
Time on Site
141 days

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Property Details for 421 E Edgewater Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric
Heating Information
  • Has Heating
  • Central, Fireplace(s), Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Dining Room, Primary Bedroom, Gas, Gas Starter, Great Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Flooring: Carpet, Stone
  • All Bedrooms Up, Great Room, Kitchen, Walk-In Closet
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Dishwasher, Free-Standing Range, Freezer, Disposal, Gas & Electric Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Kitchen Island, Kitchen Open to Family Room, Pots & Pan Drawers, Self-closing cabinet doors, Self-closing drawers, Stone Counters, Utility sink
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Attic Fan, Balcony, Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Wired for Data
  • Levels: Two
  • Window Features: Plantation Shutters
  • Security Features: Security System, Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Slate
  • Boat Slip, Dock Private
  • Has Fence
  • Excellent Condition, Stucco Wall
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Rear Porch, Stone
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway Level, Garage Faces Rear, Garage Door Opener, Parking Space, Workshop in Garage
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, City Lights, Coastline, Mountain(s), Panoramic, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04811132
  • Year Built Source: Builder
  • Architectural Style: Cape Cod
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Offered With Property: Can be purchased furnished or unfurnished.
  • Property Condition: Building Permit, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd., left on Adams, left on Edgewater
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Biking, Park, Watersports, Sidewalks, Street Lights
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Sale History for 421 E Edgewater Ave

Last leased for $35,000 on July 12th, 2022
  • November, 2023

  • Nov 7, 2023

    Date

    Active

    CRMLS: NP23205757

    $8,490,000

    Price

  • July, 2022

  • Jul 12, 2022

    Date

    Leased

    CRMLS: NP22089496

    $35,000

    Price

  • Apr 30, 2022

    Date

    Active

    CRMLS: NP22089496

    $65,000

    Price

  • Listing provided courtesy of CRMLS

    A pristine Bay Front location on the Balboa Peninsula with iconic views of the world-famous Newport Harbor. Dock your yacht in the private slip that can accommodate up to 50 feet or simply enjoy the Duffy electric boat that is awaiting you to cruise the harbor with family and friends while taking in the gorgeous nightly sunset. This 4 bedroom 4 bath Cape Cod style home is situated on the bay front, walking distance to the beach, Balboa Fun Zone, restaurants, shopping and the Balboa Ferry. Once you enter the home you are greeted with the exceptional views and an open concept great room with a cozy fireplace, high ceilings and a deluxe chef's kitchen featuring stone counters, an eating bar, professional 60 inch Viking range with double ovens and a Sub Zero refrigerator. The downstairs living area offers limestone flooring, a powder room, fireplace with built ins, wet bar and a spacious dining area. Upstairs there are four bedrooms, two are en-suite guest bedrooms with their own bathrooms. The primary suite has phenomenal views overlooking the bay with a large sitting area with a fireplace, wine refrigerator and a private deck. The large primary bathroom has double sinks, a soaking tub, separate walk in shower and walk in closet. Enjoy afternoons on your private sandy beach in front of the house or hop on your bikes to explore the Balboa Peninsula, Balboa Island and Corona Del Mar. With our concierge option you may choose to have the refrigerator and pantry stocked upon arrival, bikes for the family and even weekly maid service. Kick your feet up, relax and enjoy the Newport Beach lifestyle.

  • March, 2022

  • Mar 22, 2022

    Date

    Canceled

    CRMLS: NP22050223

    $65,000

    Price

  • Mar 14, 2022

    Date

    Active

    CRMLS: NP22050223

    $65,000

    Price

  • Listing provided courtesy of CRMLS

    A pristine Bay Front location on the Balboa Peninsula with iconic views of the world-famous Newport Harbor. Dock your yacht in the private slip that can accommodate up to 50 feet or simply enjoy the Duffy electric boat that is awaiting you to cruise the harbor with family and friends and take in the gorgeous nightly sunset. This 4 bedroom 3.5 bath Cape Cod style home is situated on the bay front, walking distance to the Fun Zone, restaurants, shopping and the Balboa ferry. Once you enter the home you are greeted with the exceptional view and open concept great room with a cozy fireplace, high ceilings and a deluxe chef's kitchen featuring stone counters and eating bar, professional 60 inch Viking range with double ovens with a SubZero refrigerator. The downstairs living area offers limestone flooring, a powder room, a fireplace with built ins, a wet bar and a spacious dining area. Upstairs there are four bedrooms, two are en-suite guest bedrooms with beautiful natural light and their own bathrooms. The primary suite has phenomenal views overlooking the bay with a large sitting area with a fireplace and a private deck. The large primary bathroom has double sinks, a soaking tub and a separate walk in shower, and walk in closet. Enjoy afternoons on your private sandy beach in front of the house or hop on your bikes to explore the Balboa Peninsula, Balboa Island and Corona Del Mar. With our concierge option you may choose to have the refrigerator and pantry stocked upon arrival, bikes for the family and even weekly maid service. Kick your feet up, relax and enjoy the Newport Beach lifestyle.

  • February, 2022

  • Feb 28, 2022

    Date

    Sold

    CRMLS: NP21264983

    $6,250,000

    Price

  • Dec 16, 2021

    Date

    Active

    CRMLS: NP21264983

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    Situated on the bay front walking distance to the Fun Zone and the Balboa ferry, this 3 bedroom 3.5 bath Cape Cod style home is perfect for full time or part time living. The kitchen boasts a large island with granite countertops and top of the line appliances including a Viking range with 6 gas burners, a Sub Zero refrigerator and a Bosch dishwasher. The downstairs living area offers limestone flooring, a fireplace with built ins, a wet bar and a spacious dining area. Upstairs there are two en-suite guest bedrooms with beautiful natural light and their own bathrooms as well as a small room that could serve as an office, a baby's nursery or a small 4th bedroom. The primary suite overlooks the bay and has a sitting area with a fireplace, a large primary bathroom with double sinks, a soaking tub and a separate shower, as well as two separate walk in closets. Enjoy afternoons on the private sandy beach in front of the house or dock your yacht in the private slip that can accommodate up to 50 feet. With so much activity right at your back door living at 421 Edgewater feels like a vacation everyday.

  • April, 2010

  • Apr 5, 2010

    Date

    Sold (Public Records)

    Public Records

    $3,590,000

    Price

  • May, 2003

  • May 27, 2003

    Date

    Sold (Public Records)

    Public Records

    $2,340,000

    Price

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Tax History for 421 E Edgewater Ave

Assessed Value (2020): $4,237,257
Year Land Value Improved Value Assessed Value
2020 $3,918,988 $318,269 $4,237,257

Home Value Compared to the Market

This property vs the competition

421 E Edgewater Ave is listed 76.75% higher than the median list price for the city of Newport Beach which has a median list price of $4,495,000. The median price per/sqft for Newport Beach is $1,507 and this home is listed at $3039.4 per/sqft which puts the price per square foot 101.69% higher than the median price per square foot for the city of Newport Beach.

About 421 E Edgewater Ave

Detailed summary of property

421 E Edgewater Ave is a single family home located in Newport Beach, CA 92661 and is currently for sale. This house offers 4 bedrooms, 3.5 bathrooms, roughly 2,614 living square feet, and sits on an approximately 3,136 square foot lot. 421 E Edgewater Ave was first listed on ArdentRealEstateGroup.com on November 8, 2023. The homeowner is currently asking $7,945,000 and was originally asking $8,490,000. The median priced home in Newport Beach is $4,495,000 with a median price per square foot of $1,507. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 76.75% higher than the median priced home. Local competing homes currently for sale include 1202 S Bay Front, 1416 E Balboa Blvd and 125 Grand Canal. While the average home in Newport Beach, CA is selling in 78 days, 421 E Edgewater Ave has a days on market of 141 days. There are currently 243 homes for sale in the Newport Beach real estate market and 193 of them are single family homes while 41 of them are condos and 9 are townhomes. For more information on this home for sale at 421 E Edgewater Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 421 E Edgewater Ave

Public county record property details
Beds
3
Baths
3
Year built
2002
Sq. Ft.
2,384
Lot Size
3,136
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
4
APN
048-111-32

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,243
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$1,236
Total Inventory
45
Median Sale to List Price %
100.77%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Related Resources to 421 E Edgewater Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.