421 E Edgewater

Newport Beach, CA 92661 View Map $7,945,000 Schedule a Tour
Beds4
Baths3Full11/2
Sq.Ft.2,614
Year2003
Tony Mariotti

Tony Mariotti

(323) 678-9004

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Status: Active
Property Type:Single Family Residence
MLS #:NP23205757
Sq. Feet:2,614
On Site:162 Days
Lot Size:3,136 Sq. Ft.
County:Orange
EARN INSTANT EQUITY WITH APPROVED PLANS TO ADD A THIRD FLOOR! Perfectly situated on the coveted Balboa Peninsula, this property offers a fantastic opportunity that will actually double the value of your investment in just 8 months. APPROVED PLANS include a new roof, new siding,new inside laundry room on 2nd floor, new bi-fold doors, new black windows and a new glass elevator to all three floors. The addition on the third floor will have a fifth bed and full bath, large California room with disappearing 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. This Cape Cod Contemporary home currently features a large open concept great room and dining area, deluxe chef's kitchen with 60 inch Viking range, Sub Zero refrigerator and large island. The second floor is highlighted by a gracious master bedroom suite with stunning views of the bay, a generous sitting area, fireplace, and wine refrigerator. Two spacious en suite bedrooms and a bedroom/office complete the second level. Last but certainly not least, you will have direct access to your private beach and private dock capable of accommodating a 65 foot boat and a Duffy. Don't let this opportunity pass you by, call now to get access to the full set of plans and to see the property.

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Price Change History

Date Old Price New Price Percent Change
12/13/2023$8,490,000$8,200,000-3.4%
2/23/2024$8,200,000$7,995,000-2.5%
3/24/2024$7,995,000$7,945,000-0.6%

Community Information

Address:421 E Edgewater, Newport Beach, CA 92661
Area:NP - Balboa Peninsula
County:Orange
Zip Code:92661

School Information

School System:Newport Mesa Unified
High School:Newport Harbor
Middle School:Ensign
Elementary School:Newport

Architecture

Bedrooms: 4
Bathrooms: 3 Full / 1 Half
Year Built:2003
Stories:2
Style:Cape Cod
Construction Materials: Shingle Siding, Stucco
Total Units: 1
Stories Total: 2
Roof: Slate
Foundation: Slab
Garage Spaces: 2.0

Features / Amenities

Interior Features: Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Wired for Data, Bar, AllBedroomsUp, Walk-In Closet(s)
Appliances: 6 Burner Stove, Dishwasher, Electric Range, Free-Standing Range, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Dryer, Washer
Fireplace Features: Dining Room, Gas, Gas Starter, Great Room, Master Bedroom
Flooring: Carpet, Stone
Laundry: Washer Hookup, Gas Dryer Hookup
Room Type: Bedroom, GreatRoom, Kitchen
Exterior Features: Boat Slip, Dock
Patio And Porch: Rear Porch, Patio, Stone
Door Features: French Doors
Entry Level: 1
Entry Location: Side/Front
Security Features: Security System, Smoke Detector(s)
Window: Plantation Shutters
Common Walls: No Common Walls
Parking Features: Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, One Space, Workshop in Garage
Open Parking Spaces: 1.0
Parking Total: 3.0
Cooling: Central Air, Electric, Attic Fan
Heating: Central, Forced Air, Fireplace(s), Natural Gas

Rooms

Features
BedroomAllBedroomsUp
BathroomBathroomExhaustFan,Bathtub,Closet,DualSinks,EnclosedToilet,StoneCounters,SoakingTub,WalkInShower
KitchenKitchenIsland,KitchenFamilyRoomCombo,PotsPanDrawers,StoneCounters,SelfclosingCabinetDoors,SelfclosingDrawers,UtilitySink
Great Room
Kitchen
OtherWalkInClosets

Property Features

Lot Size: 0.07 Acres / 3,136 Sq. Ft.
Lot Features: Item01UnitAcre
Waterfront: Beach Front, Bay Front, Dock Access, Seawall
View: Bay, City Lights, Coastline, Mountain(s), Panoramic, Water
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Sewer: Public Sewer
Water: Public
Electric: 220 Volts in Garage, 220 Volts in Kitchen
Road Surface: Alley Paved
Fencing: ExcellentCondition, StuccoWall
Directions:Balboa Blvd., left on Adams, left on Edgewater

Tax and Financial Info

Current Financing: Conventional
Contingency: Standard contract contingencies
Terms: Cash, CashtoNewLoan, Conventional, CalVetLoan, Item1031Exchange
Land Lease: No
Buyer Agency Compensation: 2.500%
Disclosures: Coastal Zone

Listing Agent/Office

Agent:Jodi DiTolla
Office:Ditolla Real Estate
Broker Phone:949-228-7263

Schools

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421 E Edgewater Newport Beach,  CA 92661
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Property Details for 421 E Edgewater

This 4-bedroom / 4-bathroom single family residence for sale sits in the Balboa Peninsula (Residential) (Balp) neighborhood of Newport Beach in Orange County. The interior size of the home is 2614 square feet, and the parcel is approximately 0.07 acres. The current asking price is $7,945,000. The property at 421 E Edgewater represents an excellent opportunity for homebuyers to own a home in Newport Beach. Refer to the statistics on this page for additional information regarding the home at 421 E Edgewater. Other data includes interior features, exterior features, estimated taxes, HOA dues (when applicable), map location, and more.

Buying 421 E Edgewater

If you'd like to see 421 E Edgewater in person, our Newport Beach real estate agents will gladly arrange a private tour. Please call RubyHome at (323) 678-9004 today or send us a note.

If you are selling a home near 421 E Edgewater, our Newport Beach Realtors® can provide up-to-date Newport Beach real estate market information and local insights to help you price your home appropriately. From there, we will market it aggressively to prospective buyers.


Based on information from California Regional Multiple Listing Service, Inc. as of April 16, 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, 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. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.