Newport Beach, CA 92661,405 E Edgewater AVE

$7,400,000

$7,995,000

7.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8 Beds

6 Baths

4,902 SqFt


SOLD DATE : 03/09/2020

Key Details

Sold Price $7,400,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,902 sqft

Price per Sqft $1,509

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP19282987

Sold Date 03/09/20

Bedrooms 8

Full Baths 6

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1970

Lot Size 7,405 Sqft

Acres 0.17

Property Description

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!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Other Rooms Second Garage

Main Level Bedrooms 2

Ensuite Laundry Inside, In Garage, Upper Level

Interior

Interior Features Beamed Ceilings, Balcony, Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Open Floorplan, Bedroom on Main Level, Loft, Main Level Master, Multiple Master Suites, Walk-In Closet(s)

Laundry Location Inside,In Garage,Upper Level

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Gas, Living Room

Fireplace Yes

Appliance Built-In Range, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Dryer, Washer

Laundry Inside, In Garage, Upper Level

Exterior

Exterior Feature Boat Slip, Dock, Lighting

Garage Door-Multi, Direct Access, Door-Single, Garage, Paved, Private

Garage Spaces 5.0

Garage Description 5.0

Fence Wood

Pool None

Community Features Water Sports

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

Waterfront Description Beach Access,Beach Front,Bay Front,Dock Access,Ocean Access

View Y/N Yes

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

Accessibility Safe Emergency Egress from Home

Porch Deck, Patio, Tile

Parking Type Door-Multi, Direct Access, Door-Single, Garage, Paved, Private

Attached Garage Yes

Total Parking Spaces 7

Private Pool No

Building

Lot Description Corner Lot, Drip Irrigation/Bubblers

Story 2

Entry Level Two

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Cape Cod, Modern

Level or Stories Two

Additional Building Second Garage

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04811122

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Michelle Peschel • Pacific Sotheby's Int'l Realty
Bought with Kathy Chen • Kathy M. Chen
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 664-4349

shannon@shannonlouis.com

4040 Barranca Pkwy Suite 150, Irvine, CA, 92604

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.