1 month on rocket

421 E Edgewater, Newport Beach, CA, 92661

$7,945,000

0 Baths
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway Level, Garage, Garage Door Opener, Garage Faces Rear, One Space, Workshop in Garage
Garage2 spaces
Year Built2003
HeatingCentral, Forced Air, Fireplace(s), Natural Gas
CoolingCentral Air, Electric, Attic Fan
WaterfrontBeach, Bay Front, Dock Access, Seawall
FireplaceDining Room, Gas, Gas Starter, Great Room, Primary Bedroom
ViewBay, City Lights, Other, Mountain(s), Panoramic, Water
MLS #NP24058628
Lot Size0.07 Acres
StatusActive

About 421 E Edgewater

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 double the value of your investment in just 8 months. The APPROVED PLANS show a new roof, new siding, a new inside laundry room on the 2nd floor, new bi-fold doors, new windows, and a new glass elevator that will access all three floors. The addition on the third floor will have a fifth bedroom and full bath, a large California room with beautiful 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 with iconic views of Newport Harbor spanning from Mt. Baldy and down the Corona Del Mar coastline. This Cape Cod Contemporary home currently features a large open-concept great room and dining area, a deluxe chef’s kitchen with a 60-inch Viking range, a Sub Zero refrigerator, and a large island. The second floor is highlighted by a master bedroom suite with stunning bay views, a generous sitting area, a fireplace, and a wine refrigerator. Two spacious en suite bedrooms and a bedroom/office complete the second level. Last but certainly not least, direct access to your private beach, dock, and boat slip that can accommodate a 60-foot boat. Don't let this opportunity pass you by, call now to access the full set of plans and see the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 2003
  • Stories: 2

Listing Office:

  • Office Name: DiTolla Real Estate
  • Office Phone: (949) 228-7263
  • Listing Agent: Jodi DiTolla

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Electric Range, Range, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Stone
  • Interior: Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Wired for Data, Bar, All Bedrooms Up, Walk-In Closet(s)
  • Fireplace: Dining Room, Gas, Gas Starter, Great Room, Primary Bedroom

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Bay Front, Dock Access, Seawall
  • View: Bay, City Lights, Other, Mountain(s), Panoramic, Water
  • Exterior: Boat Slip, Dock

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, One Space, Workshop in Garage

Virtual/3D Tour

  • Virtual Tour: 421 E Edgewater

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s), Natural Gas
  • Cooling: Central Air, Electric, Attic Fan

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Balboa Blvd., left on Adams, left on Edgewater

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,945,000
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

421 E Edgewater vs Newport Beach

34 DAYS ON ROCKET

-9 Days

$7,945,000

+$4.7M More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24058628

Listing Office:

  • Office Name: DiTolla Real Estate
  • Office Phone: (949) 228-7263
  • Listing Agent: Jodi DiTolla

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$39.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2201294
9
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.00 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2201295
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.37 miles

  • Public District Grades 7-8

High School

school-card-donut-2201296
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.47 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,301. Typical income of Newport Beach, CA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 421 E Edgewater

What is the listing price of this property?

The listing price of 421 E Edgewater property is $7,945,000.

What type of property is this?

The property 421 E Edgewater is a house located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 421 E Edgewater is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 421 E Edgewater are:
Newport Elementary School: GreatSchools Rating 9/10
Horace Ensign Intermediate School: GreatSchools Rating 7/10
Newport Harbor High School: GreatSchools Rating 7/10

Which year was this property built?

The year of construction for 421 E Edgewater is 2003.
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Rocket Homes›California›Orange County›Newport Beach›92661›421 E Edgewater

This home is located at 421 E Edgewater in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This home, which was built in 2003, sits on a 0.07 acre lot. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $7,945,000.

While more than 23 listings in Newport Beach, CA in March 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 50 were sold below. In March 2024 in Newport Beach, CA there were 8.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 43 days, the median list price was $3,228,690.

From Rocket Homes Real Estate and based on county public records data.

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