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Sold for $6,600,000
    • Listed by: Arbor Real Estate • Jake Janz • Contact: 949-673-7600
    Bought with: RE/MAX ONE
    $6,600,000

    423 E Edgewater Ave, Newport Beach, CA 92661

    3beds
    2,289sqft
    Single Family Residence
    Built in 2002
    3,124 Square Feet Lot
    $7,910,600 Zestimate®
    $2,883/sqft
    $7,640 Estimated rent

    Home value

    $7,910,600

    $7.20M - $8.78M

    $7,640/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Janz DRE #02113323 949-673-7600,

    Arbor Real Estate

    Bought with:

    Jeb Adams, DRE #01391620

    RE/MAX ONE

    Source: CRMLS,MLS#: NP23212373MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Other, Pantry
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Kitchen
    • Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Inside, Laundry Room, Stacked, Upper Level
    Features
    • Built-in Features, Balcony, Granite Counters, All Bedrooms Up, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Windows: Blinds, Drapes, Skylight(s)
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,289 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Door-Single, Garage, Garage Faces Rear, One Space
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Concrete
    • Exterior features: Barbecue, Boat Slip
    • Pool features: None
    • Has view: Yes
    • View description: Bay, City Lights, Harbor, Panoramic, Water
    • Has water view: Yes
    • Water view: Bay,Harbor,Water
    • Waterfront features: Beach Access, Bayfront, Ocean Access, Ocean Side Of Freeway, Seawall
    Lot
    • Size: 3,124 Square Feet
    • Features: 0-1 Unit/Acre, No Landscaping
    Details
    • Parcel number: 04811131
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Traditional
    • Property subtype: Single Family Residence
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Fishing, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Water Sports
    • Security: Prewired, Security System, Fire Detection System, Fire Sprinkler System, Smoke Detector(s), Security Lights
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $2,883/sqft
    • Tax assessed value: $6,844,791
    • Annual tax amount: $72,120
    • Date on market: 11/16/2023
    • Cumulative days on market: 179 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    6/2/2024Listing removed--
    Source: CRMLS #NP24074640 Report a problem
    5/31/2024Sold$6,600,000-1.4%$2,883/sqft
    Source: CRMLS #NP23212373 Report a problem
    5/7/2024Price change$6,695,000-3.6%$2,925/sqft
    Source: CRMLS #NP23212373 Report a problem
    4/17/2024Price change$6,945,000-0.7%$3,034/sqft
    Source: CRMLS #NP23212373 Report a problem
    4/16/2024Listed for rent$17,000-5.6%$7/sqft
    Source: CRMLS #NP24074640 Report a problem
    2/13/2024Price change$6,995,000-4.1%$3,056/sqft
    Source: CRMLS #NP23212373 Report a problem
    12/8/2023Listed for sale$7,295,000$3,187/sqft
    Source: CRMLS #NP23212373 Report a problem
    12/6/2023Contingent$7,295,000$3,187/sqft
    Source: CRMLS #NP23212373 Report a problem
    11/17/2023Listed for sale$7,295,000+13.1%$3,187/sqft
    Source: CRMLS #NP23212373 Report a problem
    10/27/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/5/2023Price change$18,000-10%$8/sqft
    Source: Zillow Rentals Report a problem
    9/21/2023Price change$20,000-20%$9/sqft
    Source: Zillow Rentals Report a problem
    9/12/2023Listed for rent$25,000$11/sqft
    Source: Zillow Rentals Report a problem
    6/6/2022Sold$6,450,000-4.4%$2,818/sqft
    Source: Public Record Report a problem
    5/24/2022Pending sale$6,749,000$2,948/sqft
    Source: CRMLS #LG22067213 Report a problem
    5/9/2022Contingent$6,749,000$2,948/sqft
    Source: CRMLS #LG22067213 Report a problem
    4/19/2022Listed for sale$6,749,000+23.3%$2,948/sqft
    Source: CRMLS #LG22067213 Report a problem
    12/28/2020Sold$5,475,000-0.4%$2,392/sqft
    Source: CRMLS #NP20197027 Report a problem
    12/8/2020Pending sale$5,495,000$2,401/sqft
    Source: Villa Real Estate #NP20197027 Report a problem
    9/21/2020Listed for sale$5,495,000+15.7%$2,401/sqft
    Source: Villa Real Estate #NP20197027 Report a problem
    7/27/2016Listing removed$4,750,000$2,075/sqft
    Source: HOM Sotheby's International Realty #np16091418 Report a problem
    11/13/2015Price change$4,750,000-4.9%$2,075/sqft
    Source: HOM Sotheby's International Realty #NP15058011 Report a problem
    9/12/2015Price change$4,995,000-4.8%$2,182/sqft
    Source: HOM Sotheby's International Realty #NP15058011 Report a problem
    9/10/2015Price change$5,248,000+5.1%$2,293/sqft
    Source: HOM Sotheby's International Realty #NP15058011 Report a problem
    9/3/2015Price change$4,995,000-4.8%$2,182/sqft
    Source: HOM Sotheby's International Realty #NP15058011 Report a problem
    3/20/2015Listed for sale$5,248,000+22.2%$2,293/sqft
    Source: HOM Sotheby's International Realty #NP15058011 Report a problem
    6/12/2013Listing removed$4,295,000+3.5%$1,876/sqft
    Source: HOM Sotheby's International Realty #NP13022259 Report a problem
    5/16/2013Sold$4,150,000+22.1%$1,813/sqft
    Source: Public Record Report a problem
    4/2/2010Sold$3,400,000$1,485/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$72,120 +1.6%$6,844,791 +2%
    2024$71,002 +2.4%$6,710,580 +2%
    2023$69,348 +15.5%$6,579,000 +17.8%
    2022$60,041 -5.6%$5,584,500 +2%
    2021$63,610 +25.3%$5,475,000 +17.2%
    2020$50,752 $4,672,835 +2%
    2019$50,752 +2%$4,581,211 +2%
    2018$49,754 +3.5%$4,491,384 +2%
    2017$48,074 $4,403,318 +2%
    2016$48,074 +2.3%$4,316,979 +1.5%
    2015$47,009 +3.3%$4,252,134 +2%
    2014$45,511 $4,168,841 +25.2%
    2013-- $3,330,000 -4.7%
    2012-- $3,494,113 +2%
    2011-- $3,425,601 +22.1%
    2010-- $2,805,069 -0.2%
    2009-- $2,811,733 +2%
    2008-- $2,756,601 +2%
    2007-- $2,702,550 +2%
    2006-- $2,649,559 +2%
    2005-- $2,597,607 +2%
    2004-- $2,546,674 +317.9%
    2002-- $609,437 +2%
    2001$6,472 +2.6%$597,488 +2%
    2000$6,310 $585,773
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $7,910,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,910,600

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