$8,995,000 507 W Edgewater Avenue Newport Beach, CA

MLS: OC18186730   Type: Single Family   County: Orange   City: Newport Beach   Area: Balboa Peninsula   Neighborhood: Balboa Peninsula   Zip: 92661     Stories: 2

Mortgage $42,230 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

5

2

3

3,897

3,500

2003

Presenting 507 W. Edgewater: a stunning custom-built 5 bedroom, 4 ½ bath estate with expansive, unobstructed main channel & turning basin views in one of Orange County’s most prime & sought-after locations. Situated on a rare, corner lot, this elegant yet current design effortlessly exudes the southern California lifestyle of seamless indoor/outdoor living. At nearly 3,900 square feet, the light-filled property boasts attention to detail, creating a striking canvas for the finest materials and finishes. The exterior is beautifully detailed with smooth hand-colored & applied stucco, stone masonry highlights & slate roof reminiscent of a French style chateau. With 50 feet of bay frontage, recently redone seawall & private dock designed for a 63' vessel & a side tie, grassy area & a roomy patio for alfresco dining, this home was created for year-round entertaining. Handsome limestone & hardwood flooring flow throughout the open floor plan & accentuate the numerous highlights, including a gorgeous staircase with wrought iron design, stone-clad fireplace, custom wood built-ins in the living room, state of the art chef’s kitchen with professional-grade appliances, custom wood cabinetry & stone counters, & a generous master suite featuring panoramic harbor & water views. Large guest rooms, upstairs laundry room, whole-house surround sound, 2-car garage, & close proximity to world class shopping, dining & pristine beaches make this property the ultimate coastal waterfront retreat.

Elementary School

Middle School

High School

Newport
Distance: N/A Miles
Ensign
Distance: 11.95 Miles
Newport Harbor
Distance: 1.25 Miles

Price History

8/2/2018 Listed $8,995,000

Accessibility Doors - Swing In
Attached Structure Detached
Community Features Curbs, Sidewalks, Suburban
Directions Take Newport Blvd toward Balboa Peninsula, turns into W Balboa Blvd, turn left onto Lindo Ave, turn right onto Edgewater
HOA Fee 0.00
HOA Y/N No
High School Newport Harbor
High School 2 NEWHAR
Lease Considered Y/N No
Levels Two
Listing Agent John Cain - BRE#01467294
Listing Agent State License 01467294
MLS Area NP - Balboa Peninsula
Price Per Square Foot 2308.19
Property Attached Y/N No
Property SubType Single Family Residence
School District Newport Mesa Unified
Security Features Smoke Detector
Senior Community Y/N No
Spa Features None
Special Listing Conditions Standard
Subdivision Balboa Peninsula (Residential) (BALP)
Subdivision Name Balboa Peninsula (Residential) (BALP)

Interior Features

3/4 Baths 2
Air Conditioning Y/N Yes
Appliances 6 Burner Stove, Dishwasher, Freezer, Gas Oven, Gas Stove, Microwave, Refrigerator, Trash Compactor
Appliances Y/N Yes
Common Walls No Common Walls
Cooling Zoned
Eating Area Dining Room
Fireplace Features Living Room, Master Bedroom
Fireplace Y/N Yes
Flooring Stone, Wood
Full + 3/4 Baths 4
Full Baths 2
Half Baths 1
Heating Zoned
Heating Y/N Yes
Interior Features Balcony, Built-Ins, Coffered Ceiling(s), Crown Moldings, Open Floor Plan, Stone Counters, Wired for Data, Wired for Sound
Laundry Features Area
Laundry Y/N Yes
Main Level Bathrooms 2
Main Level Bedrooms 1
Room Type Family Room, Formal Entry, Guest/Maid's Quarters, Jack & Jill, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office
Utilities Cable Available, Phone Connected, Water Connected

Exterior Features

Attached Garage Yes
Construction Materials Stucco
Exterior Features Boat Slip, Dock Private, Lighting, Rain Gutters
Fence Y/N Yes
Fencing Good Condition
Garage Spaces 2.00
Land Lease Y/N No
Lot Features Corner Lot
Lot Size Source Assessor
Lot Size Square Feet 3500.00
Lot Size Units Square Feet
Parking Features Garage - Rear Entry, Garage - Single Door
Parking Y/N Yes
Patio Y/N Yes
Patio/Porch Features Patio
Pool Features None
Private Pool Y/N No
Roof Shake, Slate
Spa No
Total Parking 2.00
View Bay, Bridge, City Lights, Harbor, Neighborhood, Trees/Woods
Water Source Public
Waterfront Features Bay Front

Property Schools



Direct Link:

https://www.kurtrealestate.com/property/25-OC18186730-507-W-Edgewater-Avenue-Newport-Beach-CA-92661

Gallery (32 photos)

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Property vs Zip Code Avg (92661)

Price 8.99M Avg 6.01M

Sqr Feet 3,897 Avg 3,378

Cost / Sqr Ft $2,308 Avg $1,782

Acres 0.080349 Avg 0.08

Visits 98 Avg 248

Days on Site 20 Avg 116

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Listing Provided Courtesy Of: John Cain with Pacific Sotheby's Int'l Realty.




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Location & Address

The Kurt Real Estate Group - Kurt Galitski
2973 Harbor Blvd. #532
Costa Mesa, CA
714-975-9705


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