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$15,000,000
112 Days On Site

505 W Edgewater Avenue
Newport Beach, CA 92661

For Sale|Single Family Residence|Active
4
Beds
4
Full Baths
1
Partial Bath
3,208
SqFt
$4,676
/SqFt
2004
Built
Subdivision:
Balboa Peninsula (Residential) (BALP)
County:
Orange
Listed by Tara Foster Shapiro of EQTY Forbes Global Properties tshapiro@homgroup.com
505 W Edgewater Avenue505 W Edgewater Avenue505 W Edgewater Avenue505 W Edgewater Avenue
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Monthly Payment (Est.)

$68,436
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$15,000,000
Days On Site 
112 Days
Bedrooms 
4
Inside Area (SqFt) 
3,208 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.0643 Acres
Year Built 
2004
MLS® Number 
NP24157854
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 months agoStatus changed to Active
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.0643
Attached Garage 
Yes
Disclosures 
Coastal Commission RestrictionsCoastal ZoneEasement(s)
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Direct AccessGarageGarage Faces RearSee RemarksAttached
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Style 
Cape Cod
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
CooktopRangeOvenBuilt-In RangeDouble OvenDishwasherFreezerGas CooktopDisposalIce MakerMicrowaveRefrigeratorRange HoodSelf Cleaning OvenWater HeaterDryer
Cooling 
Central AirZoned
Fireplace 
Yes
Fireplace Features 
Gas StarterLiving RoomMaster Bedroom
Flooring 
Wood
Heating 
Forced AirNatural Gas
Interior 
Beamed CeilingsWet BarBuilt-in FeaturesCrown MoldingCathedral Ceiling(s)High CeilingsPantryStone CountersRecessed LightingSee RemarksStorageEntrance FoyerWalk-In Closet(s)Master Downstairs
Laundry Features 
Washer HookupInsideLaundry RoomUpper Level
Main Level Bedrooms 
1
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Exterior Features
Exterior 
BarbecueBalconyAwning(s)Lighting
Frontage 
Bay/Harbor
Lot Features 
Landscaped
Patio And Porch 
PatioSee RemarksTerrace
Pool Features 
None
Spa Features 
None
View 
CityBayCity LightsHarborMountain(s)NeighborhoodPanoramicWater
Waterfront Features 
Navigable WaterSeawall
Waterview 
CityBayCity LightsHarborMountain(s)NeighborhoodPanoramicWater
Community Features
Building Access 
Street level
Community Features 
ParkStreet LightsSidewalks
Financing Terms Available 
CashConventional
MLS Area 
NP - Balboa Peninsula
School District 
Newport Mesa Unified
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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