421 Edgewater, Newport Beach

$7,945,000

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5

Beds

6

Baths

0.07

Acres

Listing Agent
Jodi Ditolla - DiTolla Real Estate

About 421 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 actually double the value of your investment in just 8 months. The APPROVED PLANS show a new roof, new siding,new inside laundry room on 2nd floor, new bi-fold doors, new black windows and a new glass elevator to all three floors. The addition on the third floor will have a fifth bed room and full bath, 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, deluxe chef’s kitchen with 60 inch Viking range, Sub Zero refrigerator and large island. The second floor is highlighted by a master bedroom suite with stunning views of the bay, a generous sitting area, fireplace, and wine refrigerator. Two spacious en suite bedrooms and a bedroom/office complete the second level. Last but certainly not least, there is direct access to your private beach and dock that can accommodate a 60 ft boat. Don't let this opportunity pass you by, call now to get access to the full set of plans and see the property.

Features of 421 Edgewater

MLS® # NP24058628
Price $7,945,000
Bedrooms 5
Bathrooms 6.00
Acres 0.07
Year Built 2003
Type Residential Income
Sub-Type Single Family Residence
Style Cape Cod
Status Active

Community Information

Address 421 Edgewater
Area NP - Balboa Peninsula
Subdivision Balboa Peninsula (Residential) (BALP)
City Newport Beach
County Orange
Zip Code 92661

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Parking Spaces 3
Parking Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, One Space, Workshop in Garage
# of Garages 2
Garages Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, One Space, Workshop in Garage
View Bay, City Lights, Coastline, Mountain(s), Panoramic, Water
Is Waterfront No
Waterfront Bay Front, Beach Front, Dock Access, Seawall
Has Pool No
Pool None

Interior

Interior Carpet, Stone
Interior Features Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Bar, All Bedrooms Up, Walk-In Closet(s), Stone Counters, Wired for Data
Appliances 6 Burner Stove, Dishwasher, Electric Range, Free-Standing Range, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Water Heater, Dryer, Washer
Heating Central, Forced Air, Fireplace(s), Natural Gas
Cooling Central Air, Electric, Attic Fan
Has Basement No
Fireplace Yes
Fireplaces Dining Room, Gas, Gas Starter, Primary Bedroom, Great Room
# of Stories 2
Stories Two

Exterior

Exterior Stucco, Shingle Siding
Exterior Features Boat Slip, Dock
Lot Description 0-1 Unit/Acre
Windows Plantation Shutters
Roof Slate
Construction Stucco, Shingle Siding
Foundation Slab

Additional Information

Date Listed March 24th, 2024
Days on Market 27
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJodi Ditolla
OfficeDiTolla Real Estate

Listing Map

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