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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $7.5M 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
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: 11/17/2024, 12:20:55 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
DATE
EVENT
PRICE
Jan 17, 2018
Jan 17, 2018Home Sold
$4,000,000
Apr 17, 2014
Apr 17, 2014Home Sold
$3,400,000
Apr 19, 2005
Apr 19, 2005Home Sold
$4,250,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$54.9K
Per Month
Principal & Interest
$54.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$33K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.86 miles
Public District Grades KG-6
7
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.81 miles
Public District Grades KG-6
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.81 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.23 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school4.70 miles
Public District Grades KG-8
7
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.40 miles
Public District Grades 6-8
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.36 miles
Public District Grades 9-12
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.49 miles
Public District Grades 7-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.42 miles
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. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.
In October 2024, from all listings sold in Newport Beach, CA there were more than 6 sold above asking price, over 52 sold below and more than 10 were sold right at the asked price. Between September 2024 and October 2024, Newport Beach, CA real estate market has seen increase in the number of listings by 2.6%. In October 2024 median list price was $3,475,000 and the average listing age was 50 days.
From Rocket Homes Real Estate and based on county public records data.