421 E Edgewater Avenue, Newport Beach, CA 92661

$7,345,000 Asking Price

4 beds
4 baths
2,614  sqft
Built in 2003

CALL WITH OFFERS! Welcome to 421 E. Edgewater, Newport Beach's most desired view of the the iconic Newport Harbor. You will lose yourself in the beauty and tranquility of the ultimate vacation lifestyle of living on the water, overlooking your private beach and boat dock that can accommodate a 65 ft vessel. Launch your paddle boards or kayaks on your water playground! Bay front homes with this view, a private beach and such a large boat slip rarely become available at this price, and promise to provide generational wealth for their owners. FULLY APPROVED PERMIT READY PLANS are included to add a third floor and roof top patio, giving you the potential to unlock millions of dollars in equity! This fantastic option allows you to add a new third-floor bedroom, bathroom, and large California room with glass walls that open up to arguably the largest roof deck in the area. Become the envy of all your friends and passers-by as they sail through the channel and see your fabulous outdoor living area with built-in barbecue, large outdoor television, hot tub and fire pit. Discover Newport Beach's finest restaurants located right on the water. Just pull up in your boat and valet park to find refined dining and amazing shopping. Don't wait! You won't want to miss all the fun and festivities of the Newport Harbor Christmas Boat Parade! It's time to stop your search and come home to the front row of Newport Beach's best kept secret: the Balboa Peninsula, where luxury meets leisure.

Features & Amenities

Interior

General:
Attic Fan,Balcony,Living Room Deck Attached,Pantry,Recessed Lighting,Stone Counters,Two Story Ceilings,Wet Bar,Vacuum Central,Furnished
Laundry:
Gas,Washer Hookup
Flooring:
Stone
A/C:
Central Forced Air,Electric
Heating:
Fireplace,Forced Air Unit, Natural Gas
Fireplace:
Fire Pit,Gas,Great Room

Exterior

General:
Stucco,Fiber Cement,Shingle Siding
Style:
Cape Cod
Pool:
None
Parking:
Parking spaces: 3

Construction

Roofing:
Tile/Clay
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
04811132
View:
Bay,Water,Coastline,Harbor
Fencing:
Excellent Condition,Stucco Wall

Utilities

Utilities:
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
DiTolla Real Estate, Jodi DiTolla

About Newport Beach, CA

Housing

Number of Units
32,933
Median Home Value
$1,108,062
Median Rent
$2,050

52.55% of housing units are renter occupied.

15.14% are vacant.

Commute

Car
52.33%
Public Transportation
0.19%
Walk to Work
1.03%
Work from Home
45.11%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
61,724
Median Age
46.20
Median Household Size
2.43

Education

High School
7.46%
Associate’s Degree
6.48%
Bachelor’s Degree
40.94%
Graduate Degree
26.28%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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