4 months on rocket

207 E Edgewater Ave, Newport Beach, CA, 92661

$10,995,000

0 Baths
Multi

Location

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Property Highlights

Home TypeDuplex
ParkingCarport, Garage, Garage Faces Rear
Garage2 spaces
Year Built1976
HeatingCentral, Fireplace(s)
CoolingCentral Air
WaterfrontBeach, Bay Front, Dock Access, Navigable Water, Ocean Access
FireplaceGreat Room
ViewBay, City Lights, Other, Harbor, Mountain(s), Neighborhood, Panoramic, Water
MLS #OC24168812
Lot Size0.06 Acres
StatusActive

About 207 E Edgewater Ave

Welcome to the epitome of California Bayfront luxury! Nestled in the heart of Newport Beach’s Balboa Peninsula, this exceptionally rare Bayfront duplex has been completely renovated from top to bottom and is located on a generous corner lot. Never lived in since the remodel, it includes a private dock to accommodate a 50'+ yacht plus a side-tie Duffy. Clearly, a rare treasure waiting to be discovered. Boasting bay views, coastal charm, and modern amenities, this property redefines Bayfront living in every way and is a fantastic addition to any investor's portfolio. This duplex offers exclusive access to a semi-private beach and an intimate rooftop deck, providing breathtaking vistas of the bay, Balboa Island, Harbor Island, and beyond. Conveniently located near popular attractions such as restaurants, the Balboa Island Ferry, the Fun Zone, and world-class beaches, you'll experience the best of Newport Beach right at your doorstep. Step into luxury as both residences have been meticulously remodeled from the studs, featuring designer upgrades and high-end finishes throughout. With a total of 5 bedrooms and 5 baths across approximately 3,000 square feet, each home offers spacious living areas and abundant natural light, creating an inviting and sophisticated atmosphere. The main residence spans nearly 2,000 square feet with 3 bedrooms and 3 baths (one bed and bath on the main level), offering indoor/outdoor living and spectacular bay views. Enjoy panoramic views from the rooftop deck, entertain guests on the waterfront patio, or relax in the luxuriously appointed primary suite with a freestanding tub and private balcony overlooking the bay. The secondary residence is ideal for guests, featuring two bedrooms, two baths, vaulted ceilings, and two bay view decks. Indulge in the latest smart-home technology, new plumbing, electrical systems, new Milgard windows, and whole-house water and air purification systems. Every detail has been carefully considered to enhance your comfort and convenience. Live in the front and keep the back for guests or rent either unit to defray costs. A two-car garage plus a carport accommodates all residents/guests. The back unit is ideal as a guest house or as a rental! Just 3 blocks from white sandy beaches and famous surf spots, this property invites you to embrace the quintessential coastal lifestyle of Newport Beach. Whether you're strolling along the boardwalk or enjoying water activities right from your doorstep.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Custom
  • Year Built: 1976
  • Stories: 3

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 235-3517
  • Listing Agent: Stephen Walsh

Interior Features

Interior Information:

  • Appliances: Stove, Convection Oven, Double Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Built-in Features, Balcony, Ceiling Fan(s), Dry Bar, Furnished, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Bedroom on Main Level, Galley Kitchen, Primary Suite, Walk-In Closet(s)
  • Fireplace: Great Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Bay Front, Dock Access, Navigable Water, Ocean Access
  • View: Bay, City Lights, Other, Harbor, Mountain(s), Neighborhood, Panoramic, Water
  • Exterior: Barbecue, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Carport, Garage, Garage Faces Rear

Virtual/3D Tour

  • Virtual Tour: 207 E Edgewater Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac, Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air

Other

Directions Information:

  • Directions: E Balboa Blvd, left on Coronado St, left on E Bay Ave, Right on Alvarado Pl

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,995,000

Tax Information:

  • Annual Amount: $45,763
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,425

Avg. Days On Market

43

# of Sold Homes

71

207 E Edgewater Ave vs Newport Beach

125 DAYS ON ROCKET

+82 Days

$10,995,000

+$7.4M More

KEY TAKEAWAY

This property is $7.4M more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24168812

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 235-3517
  • Listing Agent: Stephen Walsh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 17, 2018Home Sold
$4,000,000
Apr 17, 2014Home Sold
$3,400,000
Apr 19, 2005Home Sold
$4,250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$45,763$4,204,714
2020$45,330$4,161,600
2019$40,238$4,080,000
2018$40,238$3,663,057
2017$39,539$3,591,233

History based on county public records data.

Payment Calculator

$54.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$33K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4552602
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.86 miles

  • Public District Grades KG-6

school-card-donut-4552603
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 1.81 miles

  • Public District Grades KG-6

school-card-donut-4552604
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.81 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,301. Typical income of Newport Beach, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92661207 E Edgewater Ave

This home is located at 207 E Edgewater Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This home, which was built in 1976, sits on a 0.06 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $10,995,000.

Over 9 listings were sold over their listed price in November 2024 in Newport Beach, CA. In the same period over 48 listings were sold below the listed price and 14 listings were sold for the listed price. Between October 2024 and November 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 2.5%. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $3,500,000.

From Rocket Homes Real Estate and based on county public records data.

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