$6,250,000
For Sale

501 W Edgewater Avenue

Newport Beach, CA 92661
2267 sqft | 3 beds | 3.5 baths | 0.05 acres | #LG24236634
Listing OfficePacific Sotheby’s International Realty
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover waterfront living at its finest with this Spanish-revival 3-bedroom, 3-bathroom Balboa Peninsula bayfront home nestled on the shores of Newport Harbor. Boasting 2,267 square feet of interior space, this residence offers a unique blend of Newport Beach coastal fun.
Step inside to find a layout designed for easy living and entertaining, where each window frames a picturesque view of Newport Harbor’s turning basin and main channel, a never ending panorama of paddler's, yachts and spectacular sunrises and sunsets. The spacious great room is a vibrant spot for both relaxation and social gatherings, flowing effortlessly to the outdoor waterfront view deck.
The property features a private pier and dock capable of accommodating two boats, ideal for a Duffy cruise or boater eager to be on the water at a moment's notice. Whether it's swimming, sailing, paddle boarding, or simply enjoying the sunset, the opportunities for waterfront fun are endless.
For those who love a good walk, Newport Harbor Yacht Club, the Peninsula Library, and Balboa Pier are just a short stroll away, along with an array of waterside restaurants, attractions, and vibrant nightlife options. Fancy a bicycle ride on the beach boardwalk, surfing at the beach, or an afternoon at the famed Fun Zone? It’s all just footsteps from your door.
Whether you are looking to move right in, plan a remodel, or envision a complete rebuild to create your ultimate dream home, this property offers a foundation of potential. Don’t miss out on the chance to own a slice of the Newport Beach lifestyle, where amazing adventures await around every corner—quite literally!

  • Property Details
      • InteriorBeamedCeilings, BreakfastBar, Balcony, CeramicCounters, LivingRoomDeckAttached, OpenFloorplan, TileCounters, Unfurnished, Bar, Loft, Prima
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, UndergroundUtilities
      • ViewCityLights, Coastline, Harbor, Marina, Ocean, Pier, Water
      • Lot DescriptionCornerLot, CulDeSac, RectangularLot, Walkstreet
      • SubdivisionBalboa Peninsula (Residential) (BALP)
      • Property SubtypeSingleFamilyResidence
      • School DistrictNewport Mesa Unified
      • Sewer InformationSewerTapPaid
      • Original List Price$6,250,000
      • MLS #LG24236634
      • MLS #LG24236634
      • Property TypePurchase
      • Cost6250000
      • Acres0.0482
      • Utility SourcePublic
      • CountyOrange
      • Structure TypeHouse
      • Exterior MaterialsDock
      • Square Feet2267
      • Year Built1981
      • Bathrooms3.5
      • Bedrooms3
      • Full Baths3
      • Half Baths1
      • Stories3
      • Parking Spaces2

Location

Alex HooksReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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