207 E Edgewater Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated payment $59,495/month
Highlights
- Property has ocean access
- Docks
- Home fronts navigable water
- Newport Elementary School Rated A
- Attached Guest House
- Coastline Views
About This Home
Some homes are rare. This one? Straight-up unicorn status. Perched on a prime corner lot in the heart of Newport Beach’s Balboa Peninsula, this completely reimagined Bayfront retreat isn’t just impressive—it’s never been lived in since its top-to-bottom transformation. That means you get to be the first to experience high-end finishes, cutting-edge smart-home tech, and jaw-dropping water views.
And then there’s the private dock—with two sides, one for your Duffy and the other big enough for your 50’+ yacht. Morning coffee on the bay, sunset cruises at your doorstep... this is the kind of lifestyle that makes you wonder why you didn’t move here sooner.
Spanning nearly 3,000 square feet of designer-renovated perfection, this home delivers luxury, flexibility, and coastal charm in equal measure—whether you’re after a private waterfront escape, a jaw-dropping entertainer’s haven, or a smart investment opportunity.
The main residence offers nearly 2,000 square feet of beautifully curated space with three bedrooms, three baths, and seamless indoor-outdoor living. The primary suite is a true retreat, featuring a private balcony with bay views, a spa-like bath with a soaking tub, and designer touches throughout. And for even more ways to soak in the scenery? A spacious rooftop deck offers panoramic vistas of the bay, Balboa Island, and twinkling city lights beyond.
The separate second residence—ideal as a guest retreat or long-term rental—features two bedrooms, two baths, vaulted ceilings, and its own private balcony off the primary suite, plus two additional bay-view decks.
A private waterfront patio sits just steps from the sand, perfect for morning coffee, sunset cocktails, and soaking in the view. Modern upgrades include new Milgard windows, updated plumbing and electrical, and whole-house water and air filtration. A two-car garage plus a carport offers ample parking, making entertaining effortless.
Just three blocks from world-class beaches and famous surf breaks, this home puts you steps from the Balboa Island Ferry, the Fun Zone, and top-tier dining. Waterfront living doesn’t get better than this. But don’t take our word for it—see for yourself before this rare find disappears.
Listing Agent
eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #00958114 Listed on: 02/20/2025
Co-Listing Agent
eXp Realty of California Inc Brokerage Phone: 310-427-2414 License #01275750
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $74,596
Year Built
- Built in 1976
Lot Details
- 2,614 Sq Ft Lot
- Home fronts navigable water
- Property Fronts a Bay or Harbor
- South Facing Home
- Glass Fence
- Stone Wall
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- 1 Open Parking Space
- 1 Carport Space
- Parking Available
- Rear-Facing Garage
Property Views
- Coastline
- Bay
- Harbor
- Panoramic
- City Lights
- Mountain
- Neighborhood
Home Design
- Custom Home
- Craftsman Architecture
- Entry on the 1st floor
- Raised Foundation
- Composition Roof
Interior Spaces
- 2,829 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Furnished
- Built-In Features
- Dry Bar
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Entryway
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Storage
Kitchen
- Eat-In Galley Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Double Convection Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Microwave
- Ice Maker
- Water Line To Refrigerator
- ENERGY STAR Qualified Appliances
- Stone Countertops
- Pots and Pans Drawers
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- 5 Full Bathrooms
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Multiple Shower Heads
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Kitchen
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Property has ocean access
- Beach Access
- Docks
- Balcony
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Electronic Air Cleaner
- Attached Guest House
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 4 / C
- Tax Tract Number 511
- Assessor Parcel Number 04810202
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Fishing
- Dog Park
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $74,596 | $10,710,000 | $10,208,084 | $501,916 |
| 2024 | $74,596 | $7,038,000 | $6,324,000 | $714,000 |
| 2023 | $72,856 | $6,900,000 | $6,200,000 | $700,000 |
| 2022 | $46,397 | $4,288,808 | $3,861,399 | $427,409 |
| 2021 | $45,763 | $4,204,714 | $3,785,685 | $419,029 |
| 2020 | $45,330 | $4,161,600 | $3,746,867 | $414,733 |
| 2019 | $44,443 | $4,080,000 | $3,673,399 | $406,601 |
| 2018 | $40,238 | $3,663,057 | $3,249,558 | $413,499 |
| 2017 | $39,539 | $3,591,233 | $3,185,841 | $405,392 |
| 2016 | $38,668 | $3,520,817 | $3,123,373 | $397,444 |
| 2015 | $38,348 | $3,467,932 | $3,076,457 | $391,475 |
| 2014 | $47,475 | $4,354,680 | $3,936,621 | $418,059 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Price Changed | $9,999,999 | -8.7% | $3,535 / Sq Ft |
| 02/20/2025 02/20/25 | For Sale | $10,950,000 | +58.7% | $3,871 / Sq Ft |
| 07/13/2022 07/13/22 | Sold | $6,900,000 | +6.2% | $2,300 / Sq Ft |
| 07/04/2022 07/04/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $6,500,000 | +62.5% | $2,167 / Sq Ft |
| 01/17/2018 01/17/18 | Sold | $4,000,000 | -11.0% | $1,333 / Sq Ft |
| 12/03/2017 12/03/17 | Pending | -- | -- | -- |
| 06/20/2017 06/20/17 | For Sale | $4,495,000 | +32.2% | $1,498 / Sq Ft |
| 04/17/2014 04/17/14 | Sold | $3,400,000 | -2.8% | $1,133 / Sq Ft |
| 02/21/2014 02/21/14 | Pending | -- | -- | -- |
| 01/29/2014 01/29/14 | For Sale | $3,499,000 | -- | $1,166 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $10,500,000 | Chicago Title | |
| Grant Deed | $6,900,000 | Lawyers Title | |
| Deed | -- | Zubrin Douglas B | |
| Grant Deed | $4,000,000 | California Title Co | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Grant Deed | $3,400,000 | Nextitle | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Equity Title Company | |
| Grant Deed | $4,250,000 | Multiple | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,450,000 | New Conventional | |
| Previous Owner | $2,300,000 | New Conventional | |
| Previous Owner | $2,889,000 | New Conventional | |
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $2,380,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,480,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $2,975,000 | Purchase Money Mortgage | |
| Previous Owner | $302,300 | Unknown | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $227,150 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25031620
APN: 048-102-02
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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. Properties may or may not be listed by the office/agent presenting the information
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