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

$7,945,000
  • 5 Beds
  • 6 Baths
  • 2,640 Sq.Ft.
For Sale
$7,945,000 Get Pre-Qualified
Map preview of 421 E Edgewater, Newport Beach, CA 92661

Property Overview: 421 E Edgewater Newport Beach, CA has 5 bedrooms, 6 bathrooms, 2,640 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. The APPROVED PLANS show 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 room and full bath, large California room with beautiful 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 with iconic views of Newport Harbor spanning from Mt. Baldy and down the Corona Del Mar coastline. 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 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, there is direct access to your private beach and dock that can accommodate a 60 ft boat. Don't let this opportunity pass you by, call now to get access to the full set of plans and see the property.

Listed by Jodi DiTolla | BRE #01969994 | DiTolla Real Estate
Last checked: 16 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 27
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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#
NP24058628
City
Newport Beach
County
Orange
Time on Site
33 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 6
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 421 E Edgewater

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Property Details for 421 E Edgewater

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
  • 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
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
  • No Pool
  • Pool Features: None
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
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
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
View more facts & features

Local Newport Beach Agent

Sale History for 421 E Edgewater

View property's historical transactions

  • March, 2024

  • Mar 24, 2024

    Date

    Active

    CRMLS: NP24058628

    $7,945,000

    Price

Tax History for 421 E Edgewater

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

421 E Edgewater is listed 84.81% higher than the median list price for the city of Newport Beach which has a median list price of $4,299,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $3009.47 per/sqft which puts the price per square foot 99.83% higher than the median price per square foot for the city of Newport Beach.

About 421 E Edgewater

Detailed summary of property

421 E Edgewater is a single family home located in Newport Beach, CA 92661 and is currently for sale. This house offers 5 bedrooms, 6 bathrooms, roughly 2,640 living square feet, and sits on an approximately 3,136 square foot lot. 421 E Edgewater was first listed on ArdentRealEstateGroup.com on March 24, 2024. The homeowner is currently asking $7,945,000. The median priced home in Newport Beach is $4,299,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 84.81% higher than the median priced home. Local competing homes currently for sale include 1320 E Oceanfront, 501 L St and 1701 E Balboa Blvd. While the average home in Newport Beach, CA is selling in 75 days, 421 E Edgewater has a days on market of 27 days. There are currently 260 homes for sale in the Newport Beach real estate market and 192 of them are single family homes while 54 of them are condos and 14 are townhomes. For more information on this home for sale at 421 E Edgewater 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

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.
$2,241
Median Sold Price
$11,100,000
Median Sold Price/Sq.Ft.
$2,775
Total Inventory
47
Median Sale to List Price %
94.11%
Avg Days on Market
174
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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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.

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