501 W Edgewater Avenue, Newport Beach, CA 92661

$6,250,000 Asking Price

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 j

Features & Amenities

Interior

General:
Breakfast Bar, Tile Counters
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, Other
Style:
Spanish
Pool:
None
Parking:
Attached, Other

Construction

General:
Stucco, Three or More Stories

Location

HOA Amenities:
0.0
School District:
Newport-Mesa Unified
County:
Orange

Lot

Zoning:
04805201
View:
City Lights, Marina, Water, Other, Ocean

Utilities

Utilities:
Other Water/Sewer, Sewer Connected, Cable Connected, Natural Gas Connected
Water:
Public, Other

This listing courtesy of:
Pacific Sotheby’s International Realty, Steve High

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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