NOT LISTED FOR SALE

Estimated Value: $6,739,983 - $8,111,000

4 Beds
4 Baths
2,614 Sq Ft
$2,818/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $7,155,000 $2,737 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $44,217/month

77 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • Coastline Views
  • Newport Elementary School Rated A
  • Boat Slip
  • Ocean Side of Highway 1

About This Home

As of February 2025

CALL WITH OFFERS! Welcome to 421 E. Edgewater, Newport Beach's most desired view of the the iconic Newport Harbor. You will lose yourself in the beauty and tranquility of the ultimate vacation lifestyle of living on the water, overlooking your private beach and boat dock that can accommodate a 65 ft vessel. Launch your paddle boards or kayaks on your water playground! Bay front homes with this view, a private beach and such a large boat slip rarely become available at this price, and promise to provide generational wealth for their owners. FULLY APPROVED PERMIT READY PLANS are included to add a third floor and roof top patio, giving you the potential to unlock millions of dollars in equity! This fantastic option allows you to add a new third-floor bedroom, bathroom, and large California room with glass walls that open up to arguably the largest roof deck in the area. Become the envy of all your friends and passers-by as they sail through the channel and see your fabulous outdoor living area with built-in barbecue, large outdoor television, hot tub and fire pit. Discover Newport Beach's finest restaurants located right on the water. Just pull up in your boat and valet park to find refined dining and amazing shopping. Don't wait! You won't want to miss all the fun and festivities of the Newport Harbor Christmas Boat Parade! It's time to stop your search and come home to the front row of Newport Beach's best kept secret: the Balboa Peninsula, where luxury meets leisure.

Last Agent to Sell the Property

Jodi DiTolla

Coldwell Banker Realty Brokerage Phone: 949-228-7263 License #01969994 Listed on: 08/19/2024

Coldwell Banker Realty

Last Buyer's Agent

Kevin Truong

Kevin L Truong, Broker License #01454533

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 3,136 Sq Ft Lot
  • Beach Front
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • Fenced
  • Stucco Fence
  • Fence is in excellent condition
  • Level Lot
  • On-Hand Building Permits

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Coastline
  • Bay
  • Harbor

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Interior Block Wall
  • Tile Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2,614 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • French Doors
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Stone Flooring
  • Attic Fan

Kitchen

  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Indoor Grill
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Fire Pit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Tax Tract Number 95
  • Assessor Parcel Number 04811132
  • $380 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Property can be purchased furnished or unfurnished. Approved plans through the city of Newport Beach and the Coastal Commission are included with the purchase.
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Building Permit
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 04811132
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Attic Fan, Balcony, Block Walls, Built-in Features, Ceiling Fan(s), Crown Molding, Furnished, Living Room Deck Attached, Pantry, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings, Vacuum Central, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Primary Bedroom, Gas, Fire Pit, Great Room
  • Levels: Two
  • Price Per Square Foot: 2737.18
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Walk-In Closet
  • Window Features: Plantation Shutters

Exterior Features

  • Foundation: Raised
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, Coastline, Harbor, Water
  • Fence: Yes
  • Fencing: Excellent Condition, Stucco Wall
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Fiber Cement, Shingle Siding, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00
  • 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, Convection Oven, Dishwasher, Double Oven, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size: 3160
  • Lot Size Sq Ft: 3136.00
  • Lot Size Acres: 0.0720
  • Latitude Manual: 33.60395500

Multi Family

  • Lot Size Area: 3136.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No
  • Waterfront Features: Bay Front, Beach Front, Includes Dock, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 628.00
  • Tax Lot: 4
  • Tax Tract Number: 95
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2025
Sold by
Mai Viet Q
Bought by
421 E Edgewater Llc
Current Estimated Value
$7,366,996

Purchase Details

Listed on
Aug 19, 2024
Closed on
Jan 29, 2025
Sold by
Southern California Ch Lp
Bought by
Exeter 25667 Wy Llc and Mai
Seller's Agent
Jodi DiTolla
Coldwell Banker Realty
Buyer's Agent
Kevin Truong
Kevin L Truong, Broker
List Price
$7,345,000
Sold Price
$7,155,000
Premium/Discount to List
-$190,000
-2.59%
Views
347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
May 3, 2022
Sold by
Sedrak and Silvia
Bought by
Southern California Ch Lp

Purchase Details

Closed on
Aug 1, 2020
Sold by
Watson Richard C and The Sandra L Stos 2012 Irrevoc
Bought by
Stos Sandra L

Purchase Details

Closed on
Jul 27, 2020
Sold by
Stos Sandra L
Bought by
Stos Charles J and Stos Sandra L

Purchase Details

Closed on
May 20, 2020
Sold by
Wells Fargo Bank Na
Bought by
Watson Richard C and Stos Sandra L

Purchase Details

Closed on
Dec 21, 2012
Sold by
Stos Charles J
Bought by
Wells Fargo Bank Na and The Sandra L Stos 2012 Irrevocable Trust

Purchase Details

Closed on
Mar 8, 2010
Sold by
Schultz Martin R and Schultz Linnie S
Bought by
Stos Charles J and Stos Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Pelican Bluffs Llc
Bought by
Schultz Martin R and Schultz Linnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
421 E Edgewater Llc -- Lawyers Title Company
Mai Viet Q -- Lawyers Title Company
Exeter 25667 Wy Llc $7,155,000 Lawyers Title Company
Southern California Ch Lp -- Ticor Title
Stos Sandra L -- None Available
Stos Charles J -- None Available
Watson Richard C -- None Available
Wells Fargo Bank Na -- None Available
Stos Charles J -- None Available
Stos Charles J -- None Available
Stos Charles J -- None Available
Stos Charles J $3,590,000 Stewart Title
Schultz Martin R $2,340,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stos Charles J $1,500,000
Previous Owner Schultz Martin R $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2025 02/06/25 Sold $7,155,000 0.0% $2,737 / Sq Ft
02/06/2025 02/06/25 Sold $7,155,000 -2.6% $2,737 / Sq Ft View Prior Sale
11/04/2024 11/04/24 Pending -- -- --
11/04/2024 11/04/24 Pending -- -- --
10/31/2024 10/31/24 Price Changed $7,345,000 0.0% $2,810 / Sq Ft
10/24/2024 10/24/24 For Sale $7,345,000 +2.7% $2,810 / Sq Ft
10/24/2024 10/24/24 Off Market $7,155,000 -- --
09/26/2024 09/26/24 Price Changed $7,345,000 -0.7% $2,810 / Sq Ft
08/19/2024 08/19/24 Price Changed $7,399,000 0.0% $2,831 / Sq Ft
08/19/2024 08/19/24 For Sale $7,399,000 -1.2% $2,831 / Sq Ft
06/01/2024 06/01/24 For Sale $7,490,000 0.0% $2,865 / Sq Ft
07/12/2022 07/12/22 Rented $35,000 -16.7% --
07/04/2022 07/04/22 Under Contract -- -- --
06/27/2022 06/27/22 Price Changed $42,000 -12.5% $16 / Sq Ft
06/10/2022 06/10/22 Price Changed $48,000 -26.2% $18 / Sq Ft
04/30/2022 04/30/22 For Rent $65,000 0.0% --
02/28/2022 02/28/22 Sold $6,250,000 -3.8% $2,622 / Sq Ft View Prior Sale
01/22/2022 01/22/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $6,500,000 -- $2,727 / 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 $68,813 $6,632,550 $6,155,007 $477,543
2024 $68,813 $6,502,500 $6,034,320 $468,180
2023 $67,209 $6,375,000 $5,916,000 $459,000
2022 $46,297 $4,366,777 $4,038,780 $327,997
2021 $45,408 $4,281,154 $3,959,588 $321,566
2020 $44,972 $4,237,257 $3,918,988 $318,269
2019 $44,034 $4,154,174 $3,842,145 $312,029
2018 $43,154 $4,072,720 $3,766,809 $305,911
2017 $42,389 $3,992,863 $3,692,950 $299,913
2016 $41,433 $3,914,572 $3,620,539 $294,033
2015 $41,046 $3,855,772 $3,566,155 $289,617
2014 $40,077 $3,780,243 $3,496,299 $283,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24171407

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-32