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

$5,495,000 Sold Price as of 03/17/2021
  • 3 Beds
  • 4 Baths
  • 2,225 Sq.Ft.
Sold
$5,495,000 Sold Price as of 03/17/2021 Refinance Your Mortgage
Map preview of 427 E Edgewater Ave, Newport Beach, CA 92661

Property Overview: 427 E Edgewater Ave Newport Beach, CA has 3 bedrooms, 4 bathrooms, 2,225 living square feet and 3,179 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A must see Balboa Peninsula custom, corner Bayfront home, located at 427 E. Edgewater Ave on Newport Harbor’s Main Channel. This waterfront property includes its own private pier, a private boat dock that can accommodate a 70+ foot yacht, your own private sandy beach and unobstructed bay and city light views. Enjoy the outdoors on the sandy beaches, on the water boating to Avalon, biking to the wedge or just walking around at the nearby Balboa fun zone. This home is a European Villa with elegant old world charm and has a gourmet kitchen with a Sub Zero Refrigerator, Bosch Dishwasher, Viking Stainless Steel Range, rustic wood cabinets, center island and stone floor. Additional home features include, a shower in the downstairs bath, living room ceiling with antique wood beams, a sweeping hand wrought iron staircase, central vacuum, vaulted master suite ceiling with antique timber and wood beams, wood floors in master bedroom, landing and stairs, built-in cabinets throughout, surround sound in living room, master bedroom and front porch, solid wood interior doors, crown molding, shutters, two stone fireplaces and garage with built-in custom cabinets and epoxy floor. Situated in one of the most remarkable areas of Southern California this home in Newport Beach is near all the shopping and dining you would ever imagine.

Listed by Martin Schultz | BRE #00962328 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
3,179
HOA Dues
$0/mo
Year built
2002
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SR21001160
City
Newport Beach
County
Orange
Time on Site
1193 days

Property Details for 427 E Edgewater Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • All Bedrooms Up
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Vacuum Central
  • Levels: Two
Exterior Features
Exterior Information
  • 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: 2
  • Has Parking
  • Parking Features: Direct Garage Access
  • Has Attached Garage
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, City Lights, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04811110
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: West Balboa Blvd Left on Adams to Edgewater
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 427 E Edgewater Ave

Last sold for $5,495,000 on March 17th, 2021

  • March, 2021

  • Mar 17, 2021

    Date

    Sold

    CRMLS: SR21001160

    $5,495,000

    Price

  • Jan 16, 2021

    Date

    Pending

    CRMLS: SR21001160

    $5,495,000

    Price

  • Jan 4, 2021

    Date

    Active

    CRMLS: SR21001160

    $5,495,000

    Price

  • August, 2003

  • Aug 1, 2003

    Date

    Sold (Public Records)

    Public Records

    $2,500,000

    Price

  • June, 2003

  • Jun 24, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 427 E Edgewater Ave

Assessed Value (2020): $3,152,762
Year Land Value Improved Value Assessed Value
2020 $2,932,069 $220,693 $3,152,762

Home Value Compared to the Market

This property vs the competition

427 E Edgewater Ave sold on March 17, 2021 for 109.25% higher than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $2469.66 per/sqft which puts the price per square foot 130.16% higher than the current median sale per square foot for the city of Newport Beach.

About 427 E Edgewater Ave

Detailed summary of property

427 E Edgewater Ave is a single family home that recently sold in Newport Beach, CA 92661. This house offered 3 bedrooms, 4 bathrooms, roughly 2,225 living square feet, and sits on an approximately 3,179 square foot lot. 427 E Edgewater Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $5,495,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 109.25% higher than the current median priced home. Local homes that are currently for sale include 540 Via Lido Soud, 31 Cape Andover and 223 Via Mentone. While the average home in Newport Beach, CA is selling in 75 days, 427 E Edgewater Ave has a days on market of 12 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 427 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 427 E Edgewater Ave

Public county record property details
Beds
3
Baths
3
Year built
2002
Sq. Ft.
2,225
Lot Size
3,179
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
048-111-10

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%)

Thinking of Selling?

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Recently Sold Homes Near 427 E Edgewater Ave

423 E Edgewater Ave, Newport Beach, CA 92661
$6,450,000 Last Sold Price
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3 Baths
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423 E Edgewater Ave
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421 E Edgewater Ave, Newport Beach, CA 92661
$6,250,000 Last Sold Price
3 Beds
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421 E Edgewater Ave
Newport Beach, CA 92661
422 E Bay Ave, Newport Beach, CA 92661
$2,600,000 Last Sold Price
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1 Baths
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422 E Bay Ave
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416 E Bay Ave, Newport Beach, CA 92661
$2,595,000 Last Sold Price
4 Beds
3 Baths
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416 E Bay Ave
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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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