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Sold for $12,750,000
  • Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. • John Stanaland • Contact: 949-689-9047
    Bought with: Arbor Real Estate
    $12,750,000

    505 W Edgewater Ave, Newport Beach, CA 92661

    4beds
    3,208sqft
    Single Family Residence
    Built in 2004
    2,800 Square Feet Lot
    $12,912,400 Zestimate®
    $3,974/sqft
    $7,995 Estimated rent

    Home value

    $12,912,400

    $11.88M - $14.07M

    $7,995/mo

    Zestimate® history
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    What's special

    Waterfront lotPrivate dockStately fireplaceNatural stoneSumptuous bathroomElegant interiorsCurated finishes and materials
    Occupying a forty-foot-wide waterfront lot in a premier and rarely available Bayfront location, this distinguished residence with a private dock commands captivating views of the Newport Harbor. Meticulously reimagined utilizing the best of curated finishes and materials, including generous use of natural stone and bespoke millwork, the property adheres to the principles of traditional Northeastern Seaboard style. Panoramic vistas of the turning basin take center stage on the main level, a sophisticated setting for everyday enjoyment and entertaining alike. A water-facing living room, anchored by a stately fireplace, abounds in classic details and creates a well-proportioned primary area along with the adjoining dining section and the kitchen. The professional-grade culinary heart of this home features a walnut center island, plentiful storage and counter space, integrated refrigeration, and a showstopping BlueStar range. The brick front patio is a perfect open-air extension of the interior, with ample space for sitting and dining, and a Hestan grill. The wood-paneled butler’s pantry, as stylish as it is practical, offers additional preparation space, refrigeration and cabinetry - a perfect complement for the most discerning culinary enthusiast. A powder room and a guest suite comprising a bedroom and a bath round out this floor. Upstairs, the primary suite spans the entire bay-facing width of the residence. Panoramic views are the focal point of the owner’s retreat, which features a generous sitting area with a fireplace, a sumptuous bathroom, and a balcony. Two tranquil, substantial secondary bedrooms, each with an en-suite bath, a multipurpose den, and a laundry room complete this level of the home. With uncommonly elegant interiors, views, and a private dock, this property provides a truly unique opportunity to embrace the Newport Beach lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Stanaland DRE #01223768 949-689-9047,

    DOUGLAS ELLIMAN OF CALIFORNIA, INC.

    Bought with:

    Ron Millar, DRE #01191748

    Arbor Real Estate

    Source: CRMLS,MLS#: LG25126227MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Den, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Pantry
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Closet, Dual Sinks, Enclosed Toilet, Full Bath on Main Level, Granite Counters, Stone Counters, Soaking Tub, Separate Shower, Upgraded
    Kitchen
    • Features: Butler's Pantry, Kitchen Island, Pots & Pan Drawers, Stone Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen, Utility Sink, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: 6 Burner Stove, Barbecue, Double Oven, Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater
    • Laundry: Inside, Laundry Room, Upper Level
    Features
    • Beamed Ceilings, Wet Bar, Built-in Features, Balcony, Crown Molding, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Pantry, Paneling/Wainscoting, Quartz Counters, Stone Counters, Recessed Lighting, See Remarks, Storage, Bedroom on Main Level, Entrance Foyer, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Stone, Wood
    • Windows: Custom Covering(s)
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas Starter, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,208 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway Level, Door-Single, Garage, Garage Faces Rear
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Brick, Open, Patio, See Remarks, Terrace
    • Exterior features: Awning(s), Barbecue, Dock, Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Excellent Condition
    • Has view: Yes
    • View description: Bay, City Lights, Park/Greenbelt, Harbor, Mountain(s), Neighborhood, Panoramic, Water
    • Has water view: Yes
    • Water view: Bay,Harbor,Water
    • Waterfront features: Bayfront, Dock Access, Navigable Water, Ocean Side Of Highway, Seawall
    Lot
    • Size: 2,800 Square Feet
    • Features: Landscaped, Street Level, Walkstreet
    Details
    • Parcel number: 04805240
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Park, Street Lights, Sidewalks, Urban, Water Sports
    • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $3,974/sqft
    • Tax assessed value: $6,693,113
    • Annual tax amount: $70,532
    • Date on market: 6/7/2025
    • Cumulative days on market: 53 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    9/25/2025Sold$12,750,000-5.6%$3,974/sqft
    Source: CRMLS #LG25126227 Report a problem
    7/30/2025Pending sale$13,500,000$4,208/sqft
    Source: Douglas Elliman #LG25126227 Report a problem
    7/30/2025Listed for sale$13,500,000$4,208/sqft
    Source: Douglas Elliman #LG25126227 Report a problem
    7/30/2025Contingent$13,500,000$4,208/sqft
    Source: CRMLS #LG25126227 Report a problem
    6/7/2025Listed for sale$13,500,000+125%$4,208/sqft
    Source: CRMLS #LG25126227 Report a problem
    2/28/2019Sold$6,000,000-7.7%$1,870/sqft
    Source: Public Record Report a problem
    2/22/2019Pending sale$6,499,900$2,026/sqft
    Source: Keller Williams Realty #OC19004767 Report a problem
    1/14/2019Listed for sale$6,499,900+35.6%$2,026/sqft
    Source: Keller Williams Realty #OC19004767 Report a problem
    4/16/2004Sold$4,795,000$1,495/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$70,532 +1.6%$6,693,113 +2%
    2024$69,438 +2.4%$6,561,876 +2%
    2023$67,819 +1.7%$6,433,212 +2%
    2022$66,704 +2%$6,307,071 +2%
    2021$65,422 +1%$6,183,403 +1%
    2020$64,795 $6,120,000 +2.1%
    2019$64,795 +2.3%$5,991,685
    2018$63,352 +1.9%$5,991,685 +2%
    2017$62,197 $5,874,201 +2%
    2016$62,197 +2.3%$5,759,021 +1.5%
    2015$60,792 +3.4%$5,672,516 +2%
    2014$58,803 $5,561,400 +0.5%
    2013-- $5,536,266 +8%
    2012-- $5,126,808
    2011-- $5,126,808 +0.8%
    2010-- $5,088,492
    2009-- $5,088,492
    2008-- $5,088,492
    2007-- $5,088,492 +2%
    2006-- $4,988,718 +2%
    2005-- $4,890,900 +119.7%
    2004-- $2,226,417
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $12,912,400
    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
    $12,912,400