Price Reduction - Water Views

Address

121 E Edgewater Avenue Newport Beach, CA

Type

Single Family

Price

$ 6,995,000

Property Attributes

MLS#OC20230018
TypeSingle Family
CountyORANGE
CityNewport Beach
AreaBalboa Peninsula
NeighborhoodBalboa Peninsula
Zip92661
StyleContemporary
Price$ 6,995,000
Bedrooms4
Full Bathrooms3
Half Bathrooms1
Sqr Footage3434
Lot Size3,049 SqFt

Listing Provided Courtesy Of:

Dean Lueck with Compass.

Data Source:

CRMLS

Property Description

BEST VALUE ON THE BAYFRONT-BELOW REPLACEMENT COST! BEST VIEWS! Mesmerizing harbor, city lights and mountains from this recently renovated, corner bayfront home with 45' frontage in a quiet area of the Peninsula. No expense was spared creating this magnificent home of modern coastal architecture using exceptional materials and quality craftsmanship. Enjoy the sandy beach and launch your favorite water toy while enjoying the action of Newport Harbor. Glass entry doors open to a soaring atrium with blue lava stone flooring and iron railing. The Great Room offers dining and entertaining areas with 8” white oak hardwood floors by Gaetano, limestone fireplace and new Fleetwood aluminum doors and windows opening to the stone terrace with Lynx BBQ and fire pit for alfresco dining. Kitchen features Thermador appliances, 240 bottle wine display, cabinetry of exotic Sycamore and Wengy woods, quartz waterfall island, Blue Lava stone counters and mosaic backsplash. Elegant powder room and downstairs office could double as a 4th bedroom. The master suite with covered 240 sf balcony offers “jaw-dropping” views, glowing fireplace and opulent master bath with spa tub over-looking the waterways. 2 secondary bedrooms with en-suite bathrooms as well as a loft. The 575 sf roof top deck offers views in all directions. Central A/C, Sonos, garage epoxy flooring, electric car charger. Electronic shades, new roof and full exterior remodel. Rental of dock space next door for a Duffy may be possible

Elementary School	Middle School	High School
Newport Elementary School	Ensign Middle School	Newport Harbor High School

Price History
11/6/2020	Listed $7,500,000
2/9/2021	3% - $7,295,000
4/7/2021	5% - $6,995,000

General Features

Appliances	6 Burner Stove, Built-In Range, Double Oven, Dishwasher, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water To Refrigerator
Architectural Style	Contemporary
Attached Garage	Yes
Community Features	Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Park
Construction Materials	Brick, Stucco, Wood Siding
Cooling	Central Air
Electric	220 Volts in Garage
Elementary School	Newport
Exterior Features	Barbecue, Lighting, Rain Gutters
Flooring	Stone, Wood
Garage Spaces	2
Garage Y/N	Yes
Heating	Central, Forced Air
High School	Newport Harbor
High School District	Newport Mesa Unified
Interior Features	Beamed Ceilings, Built-in Features, Balcony, Chair Rail, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Storage
Levels	Two
MLS Area	NP - Balboa Peninsula
Middle/Junior High School	Ensign
Parking Features	Direct Access, Garage, Oversized, Storage
Patio/Porch Features	Rear Porch, Covered, Deck, Open, Patio, Rooftop, Stone, Terrace
Pool Features	None
Property SubType	Single Family Residence
Property Type	Residential
PropertyCondition	Updated/Remodeled
Roof	Composition
Rooms	Kitchen, Bathroom, Wine Cellar, Office, Master Bedroom, Loft, Laundry, Kitchen, Great Room, Den
Security Features	Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer	Public Sewer
Spa Features	None
Structure Type	House
Subdivision Name	Balboa Peninsula (Residential) (BALP)
Terms	Cash, Cash to New Loan
Total Units	1
Utilities	Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View	Bay, Canal, City Lights, Coastline, Harbor, Hills, Marina, Mountain(s), Ocean, Panoramic, Water
Virtual Tour	https://vimeo.com/newportbeachmedia/121edgewater
Waterfront Features	Beach Access, Beach Front, Bay Front, Navigable Water, Ocean Access, Seawall

Interior Features

Air Conditioning Y/N	Yes
Common Walls	No Common Walls
Fireplace Features	Fire Pit, Living Room, Master Bedroom
Fireplace Y/N	Yes
Full Baths	3
Half Baths	1
Heating Y/N	Yes
Laundry Features	Laundry Room, Upper Level
Living Area	3434
Main Level Bathrooms	1
Main Level Bedrooms	1
Total Baths	4
Total Bedrooms	4
Window Features	Blinds, Custom Covering(s), Double Pane Windows, Plantation Shutters, Skylight(s)

Exterior Features

Door Features	French Doors
Foundation Details	Slab
Lot Features	Corner Lot, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Walkstreet
Lot Size Acres	0.07
Lot Size Area	3150
Lot Size Source	Assessor
Lot Size Square Feet	3150
Lot Size Units	Square Feet
Road Frontage Type	City Street
Road Surface Type	Paved
Total Parking	2
View Y/N	Yes
Water Source	Public