421 E Edgewater Avenue Active

Newport Beach,CA 92661

$ 7345000

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP24171407

Bedrooms 4

Lot Size 3,136 Sqft

Type of Financing Cash,Conventional,Exchange

Property Description

FULLY APPROVED PERMIT READY PLANS are included for the addition of a third-floor bedroom, bathroom, and large California room with glass walls that open to the largest roof deck in the area with the absolute best views of the Newport Harbor. The magnificent rooftop terrace will be an entertainer's dream with its covered and uncovered lounging areas, outdoor kitchen, fire pit, and hot tub. This is a rare opportunity to substantially increase the value of your waterfront home on the iconic Balboa Peninsula in just 6-7 months. Boating aficionados will love the private beach and private dock that will accommodate a 65ft yacht. This turnkey home features a chef's kitchen with a large island, a 60-inch Viking range, Sub Zero refrigerator, a warming drawer, and three ovens make it perfect for entertaining. The Primary Suite epitomizes luxury living with high vaulted ceilings, two walk in closets, large sitting area, wine refrigerator, and a balcony with fantastic views. There are two spacious en-suites with private bathrooms and a versatile 4th flex room that can serve as an office or bedroom. Whether lounging on the beach, hosting fantastic parties, or taking your Duffy boat out for a sunset cruise, 421 Edgewater will make a fantastic addition to your real estate portfolio.
FULLY APPROVED PERMIT READY PLANS are included for the addition of a third-floor bedroom, bathroom, and large California room with glass walls that open to the largest roof deck in the area with the absolute best views of the Newport Harbor. The magnificent rooftop terrace will be an entertainer's dream with its covered and uncovered lounging areas, outdoor kitchen, fire pit, and hot tub. This is a rare opportunity to substantially increase the value of your waterfront home on the iconic Balboa Peninsula in just 6-7 months. Boating aficionados will love the private beach and private dock that will accommodate a 65ft yacht. This turnkey home features a chef's kitchen with a large island, a 60-inch Viking range, Sub Zero refrigerator, a warming drawer, and three ovens make it perfect for entertaining. The Primary Suite epitomizes luxury living with high vaulted ceilings, two walk in closets, large sitting area, wine refrigerator, and a balcony with fantastic views. There are two spacious en-suites with private bathrooms and a versatile 4th flex room that can serve as an office or bedroom. Whether lounging on the beach, hosting fantastic parties, or taking your Duffy boat out for a sunset cruise, 421 Edgewater will make a fantastic addition to your real estate portfolio.

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Zoning Builder

Interior

Heating Natural Gas

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Roof Type Tile/Clay

Building

Lot Description Sidewalks

Story 2

Others

Monthly Total Fees $31

Acceptable Financing Cash,Conventional,Exchange

Listing Terms Cash,Conventional,Exchange

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