5 months on rocket

423 E Edgewater Ave, Newport Beach, CA, 92661

$6,945,000

3 Bedrooms
3 Full Baths, 1 Partial
2,289 SqFt
$3,034/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDirect Access, Door-Single, Garage, Garage Faces Rear, One Space
Attached Garage2 spaces
Year Built2002
CoolingCentral Air
WaterfrontBeach, Bay Front, Ocean Access, Seawall
FireplaceFamily Room, Gas, Primary Bedroom
ViewBay, City Lights, Harbor, Panoramic, Water
MLS #NP23212373
Lot Size0.07 Acres
StatusActive

About 423 E Edgewater Ave

Indulge in the epitome of waterfront luxury at 423 E. Edgewater, an opulent bayfront masterpiece nestled on the prestigious Balboa Peninsula in Newport Beach. Meticulously designed for the discerning connoisseur, this turnkey residence unveils a seamless fusion of sophistication and entertainment. The expansive open layout boasts gleaming hardwood floors and a pristine palette of crisp whites, creating an inviting ambiance for both relaxation and social gatherings. Immerse yourself in panoramic harbor vistas and refreshing sea breezes from the living room's intimate fireplace or the resplendent primary suite, featuring its own fireplace and a private balcony overlooking the enchanting harbor. A culinary haven awaits in the chef's dream kitchen, adorned with custom white cabinetry, glistening countertops, top-of-the-line stainless steel appliances, and a capacious island with a breakfast bar. The luxurious primary ensuite has dual vanities, a glass-enclosed shower, a large soaking tub, and a spacious walk-in closet. Step outside to the beautiful patio, overlooking the beautiful Newport Harbor, a haven for outdoor entertainment with a fire pit table, built-in BBQ, and direct access to your private beach, promising endless sun-soaked days. Boating enthusiasts will love the private dock that can accommodate a 50 ft vessel, and there's also a bonus slip with ample space for a Duffy, ensuring effortless access to the bay's allure. Additional features include a two-car garage and a convenient indoor laundry room. Ideally situated in proximity to the Newport Harbor Yacht Club, Bay Island, the Balboa Fun Zone, the Wedge, and the area's premier dining, shopping, and entertainment. This residence is perfect for those who seek an unparalleled waterfront lifestyle. Schedule your exclusive tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Traditional
  • Year Built: 2002
  • Stories: 2
  • Living Area: 2,289 SqFt

Listing Office:

  • Office Name: Arbor Real Estate
  • Office Email: jjanz@arborrealestate.com
  • Listing Agent: Jake Janz

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Built-in Features, Balcony, Granite Counters, All Bedrooms Up, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Gas, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Bay Front, Ocean Access, Seawall
  • View: Bay, City Lights, Harbor, Panoramic, Water
  • Exterior: Barbecue, Boat Slip

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Door-Single, Garage, Garage Faces Rear, One Space

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

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: Take Balboa to Adams. Left on Adams. Take Adams to Edgewater.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,945,000
  • Price Per SqFt: $3,034/SqFt

Tax Information:

  • Annual Amount: $59,176
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

423 E Edgewater Ave vs Newport Beach

164 DAYS ON ROCKET

+121 Days

$6,945,000

+$3.7M More

$3,034/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $1.6K/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP23212373

Listing Office:

  • Office Name: Arbor Real Estate
  • Office Email: jjanz@arborrealestate.com
  • Listing Agent: Jake Janz

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, 4:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 28, 2020Home Sold
$5,475,000
May 16, 2013Home Sold
$4,150,000
Apr 02, 2010Home Sold
$3,400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$59,176$5,475,000
2020$50,751$4,672,835
2019$48,927$4,581,211
2018$48,927$4,491,384
2017$48,074$4,403,318

History based on county public records data.

Payment Calculator

$34.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.8K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2411933
9
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.00 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2411934
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.38 miles

  • Public District Grades 7-8

High School

school-card-donut-2411935
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.48 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. Residents of Newport Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 423 E Edgewater Ave

What is the listing price of this property?

The listing price of 423 E Edgewater Ave property is $6,945,000.

What type of property is this?

The property 423 E Edgewater Ave is a house located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 423 E Edgewater Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 423 E Edgewater Ave are:
Newport Elementary School: GreatSchools Rating 9/10
Horace Ensign Intermediate School: GreatSchools Rating 7/10
Newport Harbor High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $59,176 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 28, 2020 for $5,475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 423 E Edgewater Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 423 E Edgewater Ave is 2,289 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 423 E Edgewater Ave is 2002.
Rocket Homes logo

Interested in 423 E Edgewater Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaOrange CountyNewport Beach92661423 E Edgewater Ave

This home is located at 423 E Edgewater Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 2,289 square foot home, which was built in 2002, sits on a 0.07 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $6,945,000.

Over 23 listings were sold over their listed price in March 2024 in Newport Beach, CA. In the same period over 50 listings were sold below the listed price and 13 listings were sold for the listed price. The number of listings in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. In March 2024 median list price was $3,228,690 and the average listing age was 43 days.

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

More Resources