$5,787,000 - $7,763,950
RENTED FEB 26, 2025
3 Beds
4 Baths
2,576 Sq Ft
$2,578 Price per Sq Ft

Last Sold October 20, 2021

Last sale price $5,150,000 $1,999 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $40,862/month

Highlights

  • Ocean Front
  • Private Dock Site
  • Fishing
  • Newport Elementary School Rated A
  • Golf Course Community
  • Primary Bedroom Suite

About This Home

As of February 2025

Short-Term permit. Weekly & Monthly rentals allowed!

Flexible rental! Welcome to the epitome of luxury living in the heart of Newport Beach, California. Nestled in an exclusive enclave along the pristine waterfront, 413 E Edgewater offers a unique blend of modern sophistication and coastal charm. This brand-new development stands as a testament to architectural brilliance, showcasing impeccable craftsmanship and attention to detail at every corner.

This stunning residence boasts a contemporary design, featuring 3 spacious bedrooms, a versatile sleeping loft, and a separate Accessory Dwelling Unit (ADU) complete with its own private entry, fully-equipped kitchen, and laundry facilities. The seamless flow of the floor plan creates an open, airy ambiance, accentuated by an abundance of natural light that filters through large, strategically placed windows.

Step into the main residence, where the interior unfolds with impeccable style. The gourmet kitchen is a chef's dream, appointed with top-of-the-line appliances, custom cabinetry, and a center island that invites gatherings and culinary creations. The living and dining areas seamlessly connect, providing an ideal space for entertaining guests or relaxing with family. The home is equipped with a private elevator that accesses all levels of the home. The master suite is a sanctuary of luxury, featuring a spa-inspired ensuite bathroom, separate tub, fireplace, ocean-view balcony, and ample closet space, offering a peaceful retreat.

The separate ADU, with its independent entry, is a testament to thoughtful design and functionality. Boasting a well-appointed kitchen, comfortable living area, and a private laundry, it provides an ideal space for guests or extended family.

Beyond the interiors, embrace the coastal lifestyle of California, enjoying both the bayfront and a close stroll to the oceanside's sandy beach. Enjoy al fresco dining on the patio or rooftop, with your fully equipped kitchen and bbq area, or simply revel in the breathtaking water views that surround this property.

In Summary, this brand-new development at 413 E Edgewater presents an unparalleled opportunity to experience the epitome of Newport Beach living. With its thoughtfully designed interiors, versatile spaces, and a separate ADU for added flexibility, this property is not just a home; it's a lifestyle.

Last Agent to Rent the Property

Michael Hahn

Compass Brokerage Phone: 949-402-3411 License #02141502 Listed on: 10/20/2023

Compass

Last Renter's Agent

Regina Hunter

Axos Proerties Inc License #01314718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,687

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • Ocean Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Rectangular Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • 2 Carport Spaces
  • Oversized Parking
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Bay
  • Harbor
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Mixed Roof Materials
  • Composition Roof
  • Asphalt Roof
  • Cement Siding
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Panel Doors
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Loft
  • Game Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet

Flooring

  • Stone
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Fireplace in Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

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

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Newport Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes all utilities, association dues, cable TV, electricity, gardener, gas, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 10/23/23
  • Legal Lot and Block 8 / 2
  • Tax Tract Number 95
  • Assessor Parcel Number 04811104

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,687

Year Built

Built in 1917 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-10-23
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Other: 500
  • Deposit Pets: 2000
  • Deposit Security: 15000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Access Road, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04811104
  • Year Built: 1917
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2576.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Elevator, Furnished, High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting, Wet Bar
  • Stories: 2
  • Entry Location: side
  • Common Walls: No Common Walls
  • Flooring: Concrete, Stone, Tile, Vinyl
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: ENERGY STAR Qualified Doors, Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Bath, Bonus Room, Den, Family Room, Primary Bedroom, Primary Retreat, Outside, Patio, Electric, Gas, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 13.59
  • Room Type: All Bedrooms Up, Bonus Room, Den, Dressing Area, Family Room, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Retreat, Two Primaries, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Concrete Perimeter, Slab
  • Exterior Features: Awning(s), Barbecue Private, Dock Private
  • View: Bay, City Lights, Coastline, Harbor, Hills, Mountain(s), Ocean, Panoramic
  • Fence: No
  • Patio And Porch Features: Concrete, Covered, Deck, Patio, Patio Open, Porch, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Asphalt, Composition, Mixed, Shingle
  • Spa: No
  • Construction Materials: Cement Siding, Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Concrete, Paved, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Oversized, Private
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s)
  • Laundry Features: Dryer Included, In Closet, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, 6 Months, Month To Month, Negotiable, Short Term Lease
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: All Utilities, Association Dues, Cable TV, Electricity, Gardener, Gas, Sewer, Trash Collection, Water
  • Waterfront Features: Bay Front, Beach Access, Includes Dock, Navigable Water, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 628.00
  • Tax Lot: 8
  • Tax Tract Number: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Sep 20, 2021
Sold by
Fluter Russell E and Jl Oceanfront Llc
Bought by
Bh Belgravia Llc
Seller's Agent
Tara McNabb
Compass
Buyer's Agent
Michael Hahn
Compass
List Price
$5,150,000
Sold Price
$5,150,000
Current Estimated Value
$6,641,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,491,988
Avg. Annual Appreciation
6.72%
Original Mortgage
$4,377,500
Outstanding Balance
$4,034,933
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,607,055

Purchase Details

Closed on
Aug 11, 2021
Sold by
Fluetr Russell E and Collins Jim B
Bought by
City Of Newport Beach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,377,500
Outstanding Balance
$4,034,933
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,607,055

Purchase Details

Closed on
Mar 11, 2020
Sold by
C Henry And Nesta Kiar Fam Prtnrshp Lp
Bought by
Fluter Russell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2017
Sold by
Henry The C
Bought by
The C Henry And Nesta Klar Family P The C
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bh Belgravia Llc $5,150,000 First Amer Ttl Co Res Div
City Of Newport Beach -- None Available
Fluter Russell E $3,125,000 Fidelity National Title
The C Henry And Nesta Klar Family P The C -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bh Belgravia Llc $4,377,500
Previous Owner Fluter Russell E $1,875,000
Previous Owner C Henry And Nesta Klar Fam Prtnrshp Lp $1,000,000
Closed The C Henry And Nesta Klar Family P The C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Rented $35,000 0.0% --
12/02/2024 12/02/24 Price Changed $35,000 +16.7% $14 / Sq Ft
10/20/2023 10/20/23 For Rent $30,000 0.0% --
10/20/2021 10/20/21 Sold $5,150,000 0.0% $1,849 / Sq Ft
10/20/2021 10/20/21 For Sale $5,150,000 -- $1,849 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $65,687 $6,329,495 $5,306,040 $1,023,455
2024 $65,687 $6,205,388 $5,202,000 $1,003,388
2023 $57,153 $5,449,873 $5,100,000 $349,873
2022 $55,586 $5,150,000 $5,000,000 $150,000
2021 $37,440 $3,400,000 $3,250,000 $150,000
2020 $18,349 $1,585,247 $1,533,400 $51,847
2019 $18,034 $1,554,164 $1,503,333 $50,831
2018 $17,839 $1,523,691 $1,473,856 $49,835
2017 $17,538 $1,493,815 $1,444,957 $48,858
2016 $17,166 $1,464,525 $1,416,625 $47,900
2015 $17,048 $1,442,527 $1,395,346 $47,181
2014 $16,642 $1,414,270 $1,368,013 $46,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23194840

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-04