NOT LISTED FOR SALE
8 Beds
6 Baths
4,902 Sq Ft
7,205 Sq Ft

Last Sold March 09, 2020

Last sale price $7,400,000 $1,510 Per Sq Ft

Highlights

  • Beach Front
  • Ocean View
  • Private Dock Site
  • Newport Elementary School Rated A
  • Property has ocean access
  • Boat Slip

About This Home

As of March 2020

Experience the finest of coastal living in beautiful Newport Beach with the sand at your doorstep, ocean breezes and world-class amenities just minutes away. This prime Balboa Peninsula Bayfront location is situated on a corner double lot with 100’ of private white sand beach, a private dock, and 4 large boat slips. 405 Edgewater Avenue presents a rare opportunity to own a family compound consisting of 2 attached homes that are perfectly positioned with dramatic views of the bay, Balboa Island and Newport Beach city lights. Sited on a 7100’ lot with over 4800’ of living space. The compound has recently been remodeled with hardwood flooring and granite countertops throughout. A large 4 bedroom, 2 bath, owners quarters with floor to ceiling glass and a large front patio. A beautiful 2 bedroom, 2 bath mother-in-law quarters below and 2 attached spacious studios for the kids. 3 enclosed attached garages offering parking for 5 cars and 2 outside designated parking spaces. 3 bayfront patios and seating area on the dock is sure to provide extensive outside entertainment and relaxation areas. This exceptional property would be the perfect primary residence, a wonderful beach house, great investment property or an extraordinary family compound. Don’t miss this once in a lifetime opportunity!

Last Agent to Sell the Property

Michelle Peschel

Pacific Sotheby's Int'l Realty License #01968673 Listed on: 12/18/2019

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kathy Chen

Kathy M. Chen License #01000538

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 7,203 Sq Ft Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Corner Lot
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 2 Open Parking Spaces
  • 5 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Bay
  • Views of a pier
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Modern Architecture
  • Turnkey
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,902 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Bay Window
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Loft
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Property has ocean access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Balcony
  • Tile Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3030
  • Tax Tract Number 95
  • Assessor Parcel Number 04811122

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1970 | Remodeled

Lot Details

7,203 Sq Ft Lot

Parking

5

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Ad Number: 949 413 1222
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04811122
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4902.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Beamed Ceilings, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1509.59
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Two Masters, Walk-In Closet
  • Window Features: Bay Window(s), Blinds, Double Pane Windows, Plantation Shutters, Shutters
  • Bathroom Features: Bathtub, Shower, Granite Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Second Garage Attached
  • Exterior Features: Boat Slip, Dock Private, Lighting
  • View: Bay, City Lights, Coastline, Ocean, Panoramic, Pier
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio, Tile
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage - Single Door, Garage - Two Door, Private
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Gas Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Corner Lot, Sprinklers Drip System
  • Lot Size Sq Ft: 7203.00
  • Lot Size Acres: 0.1654
  • Latitude Manual: 33.60449900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7203.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Includes Dock, Ocean Access

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 3030
  • Tax Tract Number: 95
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $7,400,000 -90.7% $1,510 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $79,950,000 -- $16,310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $82,309 $7,874,250 $7,327,430 $546,820
2024 $82,309 $7,719,853 $7,183,754 $536,099
2023 $80,383 $7,568,484 $7,042,896 $525,588
2022 $79,049 $7,420,083 $6,904,800 $515,283
2021 $77,533 $7,274,592 $6,769,412 $505,180
2020 $35,165 $3,246,922 $3,068,805 $178,117
2019 $34,446 $3,183,257 $3,008,632 $174,625
2018 $28,638 $2,633,098 $2,343,459 $289,639
2017 $28,134 $3,094,003 $2,757,168 $336,835
2016 $32,781 $3,033,337 $2,703,106 $330,231
2015 $32,470 $2,987,774 $2,662,503 $325,271
2014 $34,320 $2,929,248 $2,610,348 $318,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19282987

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-22

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