405 E Edgewater Avenue, Newport Beach

$7,995,000

8 Beds
6 Baths
4,902 Sqft
7,405 Sqft
5 Garages

Experience the finest of coastal living in beautiful Newport Beach with the sand at your doorstep, ocean breezes and world-class amenities just minutes away. This prime Balboa Peninsula Bayfront location is situated on a corner double lot with 100’ of private white sand beach, a private dock, and 4 large boat slips. 405 Edgewater Avenue presents a rare opportunity to own a family compound consisting of 2 attached homes that are perfectly positioned with dramatic views of the bay, Balboa Island and Newport Beach city lights. Sited on a 7100’ lot with over 4800’ of living space. The compound has recently been remodeled with hardwood flooring and granite countertops throughout. A large 4 bedroom, 2 bath, owners quarters with floor to ceiling glass and a large front patio. A beautiful 2 bedroom, 2 bath mother-in-law quarters below and 2 attached spacious studios for the kids. 3 enclosed attached garages offering parking for 5 cars and 2 outside designated parking spaces. 3 bayfront patios and seating area on the dock is sure to provide extensive outside entertainment and relaxation areas. This exceptional property would be the perfect primary residence, a wonderful beach house, great investment property or an extraordinary family compound. Don’t miss this once in a lifetime opportunity!

Essential Information
MLS® #NP19282987
Price$7,995,000
Bedrooms8
Bathrooms6.00
Full Baths6
Square Footage4,902
Lot Square Footage7,405
Year Built1970
TypeResidential
Sub-TypeSingle Family
StyleCape Cod, Modern
StatusActive Under Contract
Community Information
Address405 E Edgewater Avenue
AreaBalboa Peninsula (NP)
CityNewport Beach
CountyOrange
StateCA
Zip Code92661
Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities
Parking Spaces7
# of Garages5
Is WaterfrontYes
PoolNone
Utilities

Cable Available, Electricity Available, Natural Gas Available, Water Available

Parking

Direct Garage Access, Driveway - Pavers, Garage - Single Door, Garage - Two Door, Private

View

Bay View, City Lights View, Coastline View, Ocean View, Panoramic View, Pier View

Waterfront

Bay Front, Lot has Beach Access, Beach Front, Lot Includes Dock, Lot has Ocean Access

Interior
HeatingCentral Furnace
CoolingCentral A/C
FireplaceYes
FireplacesLiving Room, Gas
# of Stories2
StoriesTwo
Interior Features

Turnkey, Balcony, Beamed Ceilings, Granite Counters, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, In-Law Floorplan

Appliances

Built In Range, Dishwasher, Electric Oven, Electric Range, Electric Stove, Electric Water Heater, Gas Water Heater

Exterior
FoundationConcrete Perimeter
Exterior Features

Lighting, Boat Slipway, Dock Private

Lot Description

Corner Lot, Sprinklers Drip System

Windows

Bay/Bow, Window Blinds, Double Pane Windows, Plantation Shutters, Window Shutters

School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedDecember 18th, 2019
Days on Market59
HOA Fees0.00
Listing Details
AgentMichelle Peschel(01968673)
OfficePacific Sotheby's Int'l Realty
Property History
Status Changed from Active to Active Under Contract
LISTING MAP

Based on information from California Regional Multiple Listing Service, Inc. as of February 16th, 2020 at 2:10pm PST. 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.

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