421 Edgewater Avenue, Newport Beach

Newport Beach Home For Sale

FANTASTIC WATERFRONT INVESTMENT OPPORTUNITY INCLUDES FULLY APPROVED PLANS! Ideally located right on the bay with the absolute best views of the Newport Harbor and a private dock that will accommodate a 65 ft yacht. The Balboa Island Ferry, the world-famous body surfing spot known as "the Wedge", the Balboa Pier, the oceanfront Balboa Peninsula Park, and restaurants are just steps away from your home. This 4 bed / 4 bath turnkey property features a chef's kitchen with a large island, a 60-inch Viking range, Sub Zero refrigerator, a warming drawer, and double ovens perfect for culinary creations and entertaining. Ample counters and cabinet space are complemented by an extensive bi-level bar with seating. The Primary Suite epitomizes luxury living with a large sitting area, wine refrigerator, and a balcony with magnificent views where you can unwind and soak in the sights and sounds of the harbor. With high vaulted ceilings, plantation shutters, abundant custom built-ins, two walk-in closets, and a spa-like bathroom featuring dual vanity, vaulted ceilings, a soaking tub, and an oversized walk-in shower. Additional upstairs living spaces include two spacious en suites with private bathrooms and large closets and a versatile 4th flex room that can serve as an office or bedroom. This home is the perfect place to relax and enjoy the fun of California coastal living with your private beach, a boat dock, and a private boat slip that can accommodate a 65 ft yacht or easily be reconfigured to allow an even larger boat. Whether lounging in the sun, hosting boat parade parties, or hopping on the Duffy boat for a sunset ride, this bay-front home is a perfect investment or rental property. FULLY APPROVED PERMIT READY PLANS are included for the addition of a third-floor bedroom, bathroom, and a large California room with 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. Don't miss this amazing opportunity to increase the equity substantially!

Property Details

421 Edgewater AvenueLot Size: 0.07Bedrooms: 4Bathrooms: 4Price: $7,399,000Zip: 92661
MLS® #: NP24171407Neighborhood: Balboa Peninsula (Residential) (BALP)Levels: TwoGarages: 2School District: Listed By: Jodi Ditolla, DiTolla Real Estate

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Newport Beach
  • County:
    Orange
  • Zip:
    92661
  • MLS® #:
    NP24171407
  • Bedrooms:
    4
  • Bathrooms:
    4
  • Lot Size:
    0.07
  • Neighborhood:
    Balboa Peninsula (Residential) (BALP)
  • Levels:
    Two
  • Garages:
    2
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of August 19th, 2024 at 6:20pm PDT. 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.