421 E Edgewater Avenue, Newport Beach, CA 92661

$7,399,000 Asking Price

4 beds
4 baths
2,614  sqft
Built in 2003

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 the largest roof deck in the area with the absolute best views of the Newport Harbor. The magnificent rooftop terrace will be an entertainer's dream with its covered and uncovered lounging areas, outdoor kitchen, fire pit, and hot tub. This is a rare opportunity to substantially increase the value of your waterfront home on the iconic Balboa Peninsula in just 6-7 months. Boating aficionados will love the private beach and private dock that will accommodate a 65ft yacht. This turnkey home features a chef's kitchen with a large island, a 60-inch Viking range, Sub Zero refrigerator, a warming drawer, and three ovens make it perfect for entertaining. The Primary Suite epitomizes luxury living with high vaulted ceilings, two walk in closets, large sitting area, wine refrigerator, and a balcony with fantastic views. There are two spacious en-suites with private bathrooms and a versatile 4th flex room that can serve as an office or bedroom. Whether lounging on the beach, hosting fantastic parties, or taking your Duffy boat out for a sunset cruise, 421 Edgewater will make a fantastic addition to your real estate portfolio.me


Features & Amenities

Interior

General:
Wet Bar,Breakfast 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:
Washer Hookup,Gas Dryer Hookup
Flooring:
Stone
A/C:
true, Central Air,Electric,Attic Fan
Heating:
true, Central,Forced Air,Fireplace(s),Natural Gas
Fireplace:
Gas,Great Room,Primary Bedroom, Fireplace

Exterior

General:
Boat Slip,Dock,Fire Pit
Style:
Cape Cod
Pool:
None
Parking:
Door-Multi,Direct Access,Garage Faces Front,Garage,Garage Door Opener, Parking spaces: 3

Construction

Roofing:
Tile
Windows:
Plantation Shutters
General:
Fiber Cement,Shingle Siding,Stucco, 2, Raised

Location

Road/Access:
Alley
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Newport Mesa Unified
County:
Orange

Lot

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

Utilities

Utilities:
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, 220 Volts in Garage,220 Volts in Kitchen
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

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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