505 W Edgewater Avenue, Newport Beach, CA 92661 (MLS # NP24157854) - Beverly Hills Real Estate

PRICE	$15,000,000
BEDS	4
BATHS	5
HOME SIZE	3,208 sqft
LOT SIZE	2,801 sqft

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Situated in a premier and rarely available Bayfront location with captivating Newport Harbor turning basin views, this exquisitely remodeled and immaculately designed four bedroom, four-and-a-half-bath home embraces traditional East Coast elegance and style at every turn. Poised on a forty-foot-wide waterfront lot along the charming tree-lined walkway near Bay Island, this magical residence displays the timeless character of a classic New England beach house. Past the Dutch door entry, the well-proportioned living room is highlighted by a fireplace, gleaming millwork and exceptional ceiling detail. Designed for entertaining the foyer, living, dining and kitchen areas flow from one to the next and adjoin the sunny bay front terrace replete with Hestan grill. For the true gourmand, the professional-grade kitchen is anchored by a handcrafted walnut island and features generous prep and storage areas, abundant refrigeration, and an impressive BlueStar range and oven. Adjoining the kitchen, the jewel-box butler’s pantry shimmers with lacquer-finish wood paneled walls, and houses additional storage, refrigeration, and a commercial ice maker. A graceful staircase ascends to the second floor. Here, the serene primary suite embraces water views from ever vantage point and is highlighted by a separate sitting room with cozy fireplace, a private terrace, artisan millwork, and a luxurious spa bath with stone-clad walls and custom mosaic marble details. Two beautifully appointed, grand-scale guest rooms, each with walk-in closet and en-suite bath, and a den/office complete the second level of the home. An additional guest suite with private bath is thoughtfully located on the first floor of the residence. Enjoying panoramic views of the harbor, sparkling city lights, and the San Bernadino mountains in the distance, this gracious home with its timeless architectural appeal presents a rare opportunity to enjoy truly turn-key waterfront living. Dine al fresco on the terrace or relax with a glass of wine on your private dock at sunset. This one-of-a-kind property invites you to slow down, relax, and enjoy all that makes this one of Newport Beach’s most desired locations.

DAYS ON MARKET	106	LAST UPDATED	10/24/2024
TRACT	Balboa Peninsula (Residential) (BALP)	YEAR BUILT	2004
COMMUNITY	Balboa Peninsula	GARAGE SPACES	2.0
COUNTY	Orange	STATUS	Active
PROPERTY TYPE(S)	Single Family

SCHOOLS

School District	Newport Mesa Unified

ADDITIONAL DETAILS
AIR	Central Air, Zoned
AIR CONDITIONING	Yes
APPLIANCES	6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
AREA	Balboa Peninsula
EXTERIOR	Awning(s), Barbecue, Lighting
FIREPLACE	Yes
GARAGE	Direct Access, Door-Single, Driveway Level, Garage, Garage Faces Rear, See Remarks, Yes
HEAT	Forced Air, Natural Gas
HOA DUES	0
INTERIOR	Balcony, Beamed Ceilings, Bedroom on Main Level, Built-in Features, Cathedral Ceiling(s), Crown Molding, Entrance Foyer, High Ceilings, Pantry, Primary Suite, Quartz Counters, Recessed Lighting, See Remarks, Stone Counters, Storage, Walk-In Closet(s), Wet Bar
LOT	2800 sq ft
LOT DESCRIPTION	Landscaped, Street Level, Walkstreet
PARKING	Direct Access,Driveway Level,Door-Single,Garage,Garage Faces Rear,See Remarks
POOL DESCRIPTION	None
SEWER	Public Sewer
STORIES	2
STYLE	Cape Cod
SUBDIVISION	Balboa Peninsula (Residential) (BALP)
UTILITIES	Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
VIEW	Yes
VIEW DESCRIPTION	Bay,City Lights,Harbor,Mountain(s),Neighborhood,Panoramic,Water
WATER	Public
WATERFRONT	Yes
WATERFRONT DESCRIPTION	Bayfront,Dock Access,Navigable Water,Seawall

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Listed with EQTY Forbes Global Properties

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/14/24 2:16 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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