Active
421 E Edgewater Avenue
Newport Beach CA, 92661
$7,399,000
$2,830.53 per sqft
Active
4 Beds
4 Baths
2,614 sqft
Residential
Built in 2003
Listed by Jodi DiTolla with DiTolla Real Estate 949-228-7263
FANTASTIC WATERFRONT INVESTMENT OPPORTUNITY INCLUDES FULLY APPROVED PLANS! Ideally located right on the bay with the absolute best views of the Newport Harbor and a private dock that will accommodate a 65 ft yacht. The Balboa Island Ferry, the world-famous body surfing spot known as "the Wedge", the Balboa Pier, the oceanfront Balboa Peninsula Park, local shops and restaurants are just steps away from your home. This 4 bed / 4 bath turnkey property features a chef's kitchen with a large island, a 60-inch Viking range, Sub Zero refrigerator, a warming drawer, and double ovens perfect for culinary creations and entertaining. Ample counters and cabinet space are complemented by an extensive bi-level bar with seating. The Primary Suite epitomizes luxury living with a large sitting area, wine refrigerator, and a balcony with magnificent views where you can unwind and soak in the sights and sounds of the harbor. With high vaulted ceilings, plantation shutters, abundant custom built-ins, two walk-in closets, and a spa-like bathroom featuring dual vanity, vaulted ceilings, a soaking tub, and an oversized walk-in shower. Additional upstairs living spaces include two spacious en suites with private bathrooms and large closets and a versatile 4th flex room that can serve as an office or bedroom. This home is the perfect place to relax and enjoy the fun of California coastal living with your private beach, a boat dock, and a private boat slip that can accommodate a 65 ft yacht or easily be reconfigured to allow an even larger boat. Whether lounging in the sun, hosting boat parade parties, or hopping on the Duffy boat for a sunset ride, this bay-front home is a perfect primary home, vacation home or rental property. FULLY APPROVED PERMIT READY PLANS are included for the addition of a third-floor bedroom, bathroom, and large California room with 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. Don't miss this rare opportunity to quickly and substantially increase your equity!
NP24110798
MLSⓇ ID
June 1, 2024
Listed
August 30, 2024
Updated
Map
421 E Edgewater Avenue
Newport Beach CA, 92661
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Wet Bar, Built-in Features, Balcony, Block Walls, Ceiling Fan(s), Crown Molding, Central Vacuum, Furnished, High Ceilings, Living Room Deck Attached, Pantry, Stone Counters, Recessed Lighting, Storage, Two Story Ceilings, Wired for Data, Wired for Sound, All Bedrooms Up, Walk-In Closet(s)
Appliances
6 Burner Stove, Convection Oven, Double Oven, Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Dryer
Laundry Description
Washer Hookup, Gas Dryer Hookup
Floor Description
Stone
Fireplace
Yes
Fireplace Description
Gas, Great Room, Primary Bedroom
Cooling
Yes
Cooling Description
Central Air, Electric, Attic Fan
Heating
Yes
Heating Description
Central, Forced Air, Fireplace(s), Natural Gas
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
Boat Slip, Dock, Fire Pit
Lot Features
Level
Architectual Style
Cape Cod
Roof
Tile
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
High School
Newport Harbor
Elementary School
Newport
Other Property Details
Area Name
NP - Balboa Peninsula
Days on Market
79
Garage
Yes
Garage Spaces
2
Parking
Door-Multi, Direct Access, Garage Faces Front, Garage, Garage Door Opener
Parking Total
3
View
Yes
View Description
Bay, Coastline, Harbor, Water
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
8/19/2024 | Price change | $7,399,000 -2% |
Listing Contact: 949-228-7263
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:46 PM UTC