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36
Photos
501 W Edgewater Avenue, Newport Beach, CA 92661
$6,250,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
4
baths
2,267
sqft
Built in
1981
Discover waterfront living at its finest with this Spanish-revival 3-bedroom, 3-bathroom Balboa Peninsula bayfront home nestled on the shores of Newport Harbor. Boasting 2,267 square feet of interior space, this residence offers a unique blend of Newport Beach coastal fun. Step inside to find a layout designed for easy living and entertaining, where each window frames a picturesque view of Newport Harbor’s turning basin and main channel, a never ending panorama of paddler's, yachts and spectacular sunrises and sunsets. The spacious great room is a vibrant spot for both relaxation and social gatherings, flowing effortlessly to the outdoor waterfront view deck. The property features a private pier and dock capable of accommodating two boats, ideal for a Duffy cruise or boater eager to be on the water at a moment's notice. Whether it's swimming, sailing, paddle boarding, or simply enjoying the sunset, the opportunities for waterfront fun are endless. For those who love a good walk, Newport Harbor Yacht Club, the Peninsula Library, and Balboa Pier are just a short stroll away, along with an array of waterside restaurants, attractions, and vibrant nightlife options. Fancy a bicycle ride on the beach boardwalk, surfing at the beach, or an afternoon at the famed Fun Zone? It’s all just footsteps from your door. Whether you are looking to move right in, plan a remodel, or envision a complete rebuild to create your ultimate dream home, this property offers a foundation of potential. Don’t miss out on the chance to own a slice of the Newport Beach lifestyle, where amazing adventures await around every corner—quite literally!
Features & Amenities
Interior
- General:
- Beamed Ceilings,Breakfast Bar,Balcony,Ceramic Counters,Living Room Deck Attached,Open Floorplan,Tile Counters,Unfurnished,Bar,Loft,Primary Suite
- Appliances:
- Dishwasher
- Laundry:
- Inside
- Flooring:
- Carpet,Tile
- A/C:
- false, None
- Heating:
- true, Central
- Fireplace:
- Gas,Living Room, Fireplace
- Disability Feature:
- None
Exterior
- General:
- Dock
- Style:
- Spanish
- Pool:
- None
- Parking:
- Door-Single,Garage, Parking spaces: 2
Construction
- Roofing:
- Tile
- Windows:
- French/Mullioned
- General:
- Stucco, 3
Location
- Road/Access:
- Alley,City Street
- HOA Amenities:
- 0.0
- Originating MLS:
- CRMLS
- School District:
- Newport Mesa Unified
- County:
- Orange
Lot
- Zoning:
- 04805201
- View:
- City Lights,Coastline,Harbor,Marina,Ocean,Pier,Water, View
- Fencing:
- Stucco Wall
Utilities
- Utilities:
- Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Underground Utilities, 220 Volts in Garage
- Water:
- Public
- Sewer:
- Sewer Tap Paid
Financial
- Source:
- CRMLS
This listing courtesy of:
Pacific Sotheby’s International Realty, Steve High
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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