505 Edgewater Avenue

Newport Beach, CA 92661

$15,000,000
Price
4
Beds
4
Baths
1
1/2 Bath
3,208 Sq. Ft.
$4,676 / Sq. Ft.
3,208
Sq. Ft.
$4,676
per Sq. Ft.

Description

Situated in a premier and rarely available Bayfront location with captivating Newport Harbor turning basin views, this exquisitely remodeled and immaculately designed four bedroom, four-and-a-half-bath home embraces traditional East Coast elegance and style at every turn. Poised on a forty-foot-wide waterfront lot along the charming tree-lined walkway near Bay Island, this magical residence displays the timeless character of a classic New England beach house. Past the Dutch door entry, the well-proportioned...Situated in a premier and rarely available Bayfront location with captivating Newport Harbor turning basin views, this exquisitely remodeled and immaculately designed four bedroom, four-and-a-half-bath home embraces traditional East Coast elegance and style at every turn. Poised on a forty-foot-wide waterfront lot along the charming tree-lined walkway near Bay Island, this magical residence displays the timeless character of a classic New England beach house. Past the Dutch door entry, the well-proportioned living room is highlighted by a fireplace, gleaming millwork and exceptional ceiling detail. Designed for entertaining the foyer, living, dining and kitchen areas flow from one to the next and adjoin the sunny bay front terrace replete with Hestan grill. For the true gourmand, the professional-grade kitchen is anchored by a handcrafted walnut island and features generous prep and storage areas, abundant refrigeration, and an impressive BlueStar range and oven. Adjoining the kitchen, the jewel-box butler’s pantry shimmers with lacquer-finish wood paneled walls, and houses additional storage, refrigeration, and a commercial ice maker. A graceful staircase ascends to the second floor. Here, the serene primary suite embraces water views from ever vantage point and is highlighted by a separate sitting room with cozy fireplace, a private terrace, artisan millwork, and a luxurious spa bath with stone-clad walls and custom mosaic marble details. Two beautifully appointed, grand-scale guest rooms, each with walk-in closet and en-suite bath, and a den/office complete the second level of the home. An additional guest suite with private bath is thoughtfully located on the first floor of the residence. Enjoying panoramic views of the harbor, sparkling city lights, and the San Bernadino mountains in the distance, this gracious home with its timeless architectural appeal presents a rare opportunity to enjoy truly turn-key waterfront living. Dine al fresco on the terrace or relax with a glass of wine on your private dock at sunset. This one-of-a-kind property invites you to slow down, relax, and enjoy all that makes this one of Newport Beach’s most desired locations.
  1. Listed by Tara Foster Shapiro • DRE #01892201 • Brokerage DRE #02187306 • EQTY Forbes Global Properties • 949-478-7781

Property Details for 505 Edgewater Avenue

Architectural Style
Cape Cod
View
Bay, City Lights, Harbor, Mountain(s), Neighborhood, Panoramic, See Remarks, Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air, Zoned Area(s)
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 10/24/2024 06:22 AM

Property Details for 505 Edgewater Avenue

StatusActive
MLS #NP24157854
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2004
Lot Size0.06 AC / 2,800 SF
CountyOrange County

Virtual Tour

Building Information for 505 Edgewater Avenue

Stories2Year Built2004Building Size-Lot Size0.06 AC / 2,800 SF

Property Information for 505 Edgewater Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 220
  • Tax Census Tract: 628.00
  • CFD/Mello-Roos Fee: $380
  • Tax Lot: 107
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Park, Watersports, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, 6 Burner Stove, Double Oven, Freezer, Gas Stove, Ice Maker, Self Cleaning Oven, Barbecue
  • Interior Features: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Pantry, Quartz Counters, Recessed Lighting, Stone Counters, Storage, Wet Bar
  • Room Type: Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Suite, Retreat, See Remarks, Walk-In Closet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Room Bathroom Features: Shower, Double Sinks in Primary Bath, Granite Counters, Main Floor Full Bath, Quartz Counters, Separate tub and shower, Soaking Tub, Stone Counters, Upgraded, Walk-in shower
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Pots & Pan Drawers, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers, Stone Counters, Utility sink
  • Eating Area: See Remarks
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Hookup
  • Laundry Location: Laundry Room, Inside
  • Laundry Utilities: Washer Hookup
  • Fireplace Features: Living Room, Primary Retreat, Gas Starter
  • Fireplace Rooms: Gas Starter, Living Room
  • Fireplace: FP in Living Room, Gas Starter
  • Cooling: Central Air, Zoned
  • Heating Type: Forced Air, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Forced Air, Natural Gas
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Wood
  • Flooring: Wood
  • Virtual Tour URL Unbranded: https://vimeo.com/994290160
Exterior Features
  • Window Features: Custom Covering
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Exterior Features: Awning(s), Barbecue Private, Lighting
  • Entry Location: Street level
  • Fence: Yes
  • Fencing: Excellent Condition
  • Structure Type: House
  • Property Condition: Turnkey
  • Miscellaneous: Urban
  • View Description: Bay, City Lights, Harbor, Panoramic, Water
  • Waterfront Features: Bay Front, Includes Dock, Navigable Water, Seawall
  • Patio: Yes
  • Patio: Brick, Other/Remarks, Patio Open, Terrace
  • Patio And Porch Features: Brick, Patio Open, See Remarks, Terrace
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Landscaped, Level with Street, Walkstreet
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance, Garage - 1 Car
  • Parking Non-Garage: See Remarks
  • Parking Garage Spaces: 2
  • Parking Garage: Direct Garage Access, Garage - Single Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Driveway Level, Garage Faces Rear, Garage - Single Door, See Remarks
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
  • Architectural Style: Cape Cod
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 505 Edgewater Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Edgewater Avenue

Taxable ValueLand$5,854,090Additions$707,786Total$6,561,876
Tax Record2024$69,438 ($5,787 / month)
Home Facts
Beds4Baths4.5Total Finished SqFt3,100 SqFtAbove Grade Finished SqFt3,100 SqFtLot Size2,800 SqFtStyleSingle Family ResidenceYear Built2003CountyORANGEAPN048-052-40

Schools near 505 Edgewater Avenue

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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505 Edgewater Avenue is a single family home for sale in Newport Beach, CA 92661. This property was listed for sale on July 31, 2024 by EQTY Forbes Global Properties, it's currently listed at $15,000,000. It has been on the market for a total of 112 days and was last sold on February 28, 2019. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 505 Edgewater Avenue is a 4-bed, 4.5-bath, 3,208 sqft single family home built in 2004.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EQTY Forbes Global Properties, Tara Foster Shapiro, DRE #01892201

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.