Seller's Agent in 2020
Michelle Peschel
Pacific Sotheby's Int'l Realty
(949) 413-1222
7 Total Sales
405 E Edgewater Ave Newport Beach, CA 92661
Central Newport Beach Neighborhood
8
Beds
6
Baths
4,902
Sq Ft
7,203
Sq Ft Lot
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 2020Experience 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
Pacific Sotheby's Int'l Realty License #01968673 Listed on: 12/18/2019
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
Recreation
- Water Sports
Additional Features
- No Home Owners Association
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2019
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
Michelle Peschel
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kathy Chen
Kathy M. Chen
List Price
$79,950,000
Sold Price
$7,400,000
Premium/Discount to List
-$72,550,000
-90.74%
Purchase Details
Closed on
Dec 11, 2018
Sold by
Bought by
Purchase Details
Closed on
Mar 20, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$794,500
Interest Rate
0.0365%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2013
Sold by
Bought by
Purchase Details
Closed on
Feb 21, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $7,200,000 | First American Title Company | ||
| $115,500 | First American Title Company | ||
| -- | None Available | ||
| -- | Title 365 | ||
| -- | Title 365 | ||
| -- | First American Title Company | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $5,000,000 | ||
| Previous Owner | $794,500 | ||
| Previous Owner | $801,950 | ||
| Previous Owner | $398,412 | ||
| Previous Owner | $417,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Michelle Peschel
-
Kathy Chen
K
Buyer's Agent in 2020
Kathy Chen
Kathy M. Chen
(949) 584-9938
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19282987
APN: 048-111-22
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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