421 E Edgewater AVE Pending

Newport Beach,CA 92661

$ 7345000

4 Beds

4 Baths

2614 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,614 sqft

Price per Sqft $2,809

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP24110798

Bedrooms 4

Full Baths 4

Year Built 2003

Lot Size 3,136 Sqft

Property Description

CALL WITH OFFERS! Welcome to 421 E. Edgewater, Newport Beach's most desired view of the the iconic Newport Harbor. You will lose yourself in the beauty and tranquility of the ultimate vacation lifestyle of living on the water, overlooking your private beach and boat dock that can accommodate a 65 ft vessel. Launch your paddle boards or kayaks on your water playground! Bay front homes with this view, a private beach and such a large boat slip rarely become available at this price, and promise to provide generational wealth for their owners. FULLY APPROVED PERMIT READY PLANS are included to add a third floor and roof top patio, giving you the potential to unlock millions of dollars in equity! This fantastic option allows you to add a new third-floor bedroom, bathroom, and large California room with glass walls that open up to arguably the largest roof deck in the area. Become the envy of all your friends and passers-by as they sail through the channel and see your fabulous outdoor living area with built-in barbecue, large outdoor television, hot tub and fire pit. Discover Newport Beach's finest restaurants located right on the water. Just pull up in your boat and valet park to find refined dining and amazing shopping. Don't wait! You won't want to miss all the fun and festivities of the Newport Harbor Christmas Boat Parade! It's time to stop your search and come home to the front row of Newport Beach's best kept secret: the Balboa Peninsula, where luxury meets leisure.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Heating Central,Forced Air,Fireplace(s),Natural Gas

Cooling Central Air,Electric,Attic Fan

Flooring Stone

Fireplaces Type Gas,Great Room,Primary Bedroom

Inclusions Property can be purchased furnished or unfurnished. Approved plans through the city of Newport Beach and the Coastal Commission are included with the purchase.

Laundry Washer Hookup,Gas Dryer Hookup

Exterior

Exterior Feature Boat Slip,Dock,Fire Pit

Parking Features Door-Multi,Direct Access,Garage Faces Front,Garage,Garage Door Opener

Garage Spaces 2.0

Garage Description 2.0

Fence Excellent Condition,Stucco Wall

Pool None

Community Features Sidewalks,Water Sports

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Waterfront Description Beach Front,Bayfront,Dock Access,Ocean Side Of Highway,Seawall

View Y/N Yes

View Bay,Coastline,Harbor,Water

Roof Type Tile

Building

Lot Description Level

Dwelling Type House

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

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