$6,250,000
SOLD FEB 28, 2022
3 Beds
3.5 Baths
2,384 Sq Ft
3,136 Sq Ft Lot

Recently Sold

$2,622 Per Sq Ft

4% Below List Price

37 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • Bay View
  • Newport Elementary School Rated A
  • Boat Slip
  • Cape Cod Architecture

About This Home

As of February 2025

Situated on the bay front walking distance to the Fun Zone and the Balboa ferry, this 3 bedroom 3.5 bath Cape Cod style home is perfect for full time or part time living. The kitchen boasts a large island with granite countertops and top of the line appliances including a Viking range with 6 gas burners, a Sub Zero refrigerator and a Bosch dishwasher. The downstairs living area offers limestone flooring, a fireplace with built ins, a wet bar and a spacious dining area. Upstairs there are two en-suite guest bedrooms with beautiful natural light and their own bathrooms as well as a small room that could serve as an office, a baby's nursery or a small 4th bedroom. The primary suite overlooks the bay and has a sitting area with a fireplace, a large primary bathroom with double sinks, a soaking tub and a separate shower, as well as two separate walk in closets. Enjoy afternoons on the private sandy beach in front of the house or dock your yacht in the private slip that can accommodate up to 50 feet. With so much activity right at your back door living at 421 Edgewater feels like a vacation everyday.

Last Agent to Sell the Property

Allison Root

Compass License #01368988 Listed on: 12/16/2021

Compass

Last Buyer's Agent

Jodi DiTolla

DiTolla Real Estate License #01969994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,813

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

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Cape Cod Architecture
  • Patio Home
  • Turnkey
  • Slab Foundation
  • Slate Roof
  • Shingle Siding

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Plantation Shutters
  • French Doors
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Trash Compactor

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Patio
  • Exterior Lighting
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Tankless Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Tax Tract Number 95
  • Assessor Parcel Number 04811132
  • $360 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,813

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04811132
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2384.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2621.64
  • Room Type: All Bedrooms Up, Living Room
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Master Bath, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, City Lights
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Rear Porch, Stone
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Trash Compactor
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 3136.00
  • Lot Size Acres: 0.0720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3136.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Front, Includes Dock, Seawall

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 628.00
  • Tax Lot: 4
  • Tax Tract Number: 95
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

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
DiTolla Real Estate
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
5.33%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Interest Rate
3.37%
Mortgage Type
New Conventional

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $7,155,000 Lawyers Title Company
Grant Deed -- Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $3,590,000 Stewart Title
Grant Deed $2,340,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,500,000 Credit Line Revolving
Previous Owner $1,361,000 New Conventional
Previous Owner $1,460,000 New Conventional
Previous Owner $1,475,000 New Conventional
Previous Owner $1,500,000 New Conventional
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Rent $35,000 0.0% --
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
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
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
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: NP21264983

California Regional Multiple Listing Service (CRMLS)

APN: 048-111-32