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207 E Edgewater Ave, Newport Beach, CA 92661

List Price: $9,999,999On Market FlagOn market
Feb 20, 20252,829 sqft5 beds5 baths
Listed by: Edward Kaminsky
License #: 00958114
Phone #: 310-798-1277
eXp Realty of California, Inc
Source:
CRMLS Logo
MLS #: SB25031620

Property Description

Some homes are rare. This one? Straight-up unicorn status. Perched on a prime corner lot in the heart of Newport Beach’s Balboa Peninsula, this completely reimagined Bayfront retreat isn’t just impressive—it’s never been lived in since its top-to-bottom transformation. That means you get to be the first to experience high-end finishes, cutting-edge smart-home tech, and jaw-dropping water views. And then there’s the private dock—with two sides, one for your Duffy and the other big enough for your 50’+ yacht. Morning coffee on the bay, sunset cruises at your doorstep… this is the kind of lifestyle that makes you wonder why you didn’t move here sooner. Spanning nearly 3,000 square feet of designer-renovated perfection, this home delivers luxury, flexibility, and coastal charm in equal measure—whether you’re after a private waterfront escape, a jaw-dropping entertainer’s haven, or a smart investment opportunity. The main residence offers nearly 2,000 square feet of beautifully curated space with three bedrooms, three baths, and seamless indoor-outdoor living. The primary suite is a true retreat, featuring a private balcony with bay views, a spa-like bath with a soaking tub, and designer touches throughout. And for even more ways to soak in the scenery? A spacious rooftop deck offers panoramic vistas of the bay, Balboa Island, and twinkling city lights beyond. The separate second residence—ideal as a guest retreat or long-term rental—features two bedrooms, two baths, vaulted ceilings, and its own private balcony off the primary suite, plus two additional bay-view decks. A private waterfront patio sits just steps from the sand, perfect for morning coffee, sunset cocktails, and soaking in the view. Modern upgrades include new Milgard windows, updated plumbing and electrical, and whole-house water and air filtration. A two-car garage plus a carport offers ample parking, making entertaining effortless. Just three blocks from world-class beaches and famous surf breaks, this home puts you steps from the Balboa Island Ferry, the Fun Zone, and top-tier dining. Waterfront living doesn’t get better than this. But don’t take our word for it—see for yourself before this rare find disappears.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$165,237

TurboHome Estimated Value

$10,507,900

$3,714 sqft

High Valuation
$11,033,295
$3900/sqft
Normal Valuation
$10,507,900
$3714/sqft
Low Valuation
$9,982,505
$3529/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$3714/sqft$10,507,900

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$6.70M

$7.10M

$7.50M

$10.00M

$10.00M

600 W Oceanfront, Newport Beach, CA 92661

Sale Price: $6,700,000

Selected Comparable

612 Harbor Island Dr, Newport Beach, CA 92660

Sale Price: $7,100,000

Selected Comparable

200 E Oceanfront, Newport Beach, CA 92661

Sale Price: $7,200,000

Selected Comparable

108 Park Ave, Newport Beach, CA 92662

Sale Price: $7,500,000

Selected Comparable

207 E Edgewater Ave, Newport Beach, CA 92661

List Price: $9,999,999

Subject Property

1111 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $10,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
207 E Edgewater Ave, Newport Beach, CA 92661

207 E Edgewater Ave, Newport Beach, CA 92661

List: $9,999,999

Listed: 2/20/2025

Area:2,829 sqft
Price/sqft:$3,535
Beds:5
Baths:5
Year Built:
Lot Size:2,614

Comparable Properties

COMPARABLE
Choose comps
1111 E Balboa Blvd, Newport Beach, CA 92661

1111 E Balboa Blvd, Newport Beach, CA 92661

Sale: $10,000,000

1/27/20250.58 mi

Area:2,962 sqft
Price/sqft:$3,376
Beds:5
Baths:5
Year Built:
Weight:22.0%
108 Park Ave, Newport Beach, CA 92662

108 Park Ave, Newport Beach, CA 92662

Sale: $7,500,000

11/14/20240.32 mi

Area:3,168 sqft
Price/sqft:$2,367
Beds:5
Baths:5
Year Built:
Weight:21.1%
200 E Oceanfront, Newport Beach, CA 92661

200 E Oceanfront, Newport Beach, CA 92661

Sale: $7,200,000

3/28/20250.16 mi

Area:2,428 sqft
Price/sqft:$2,965
Beds:5
Baths:4
Year Built:
Weight:19.4%
600 W Oceanfront, Newport Beach, CA 92661

600 W Oceanfront, Newport Beach, CA 92661

Sale: $6,700,000

12/12/20240.27 mi

Area:2,616 sqft
Price/sqft:$2,561
Beds:5
Baths:4
Year Built:
Weight:19.4%
612 Harbor Island Dr, Newport Beach, CA 92660

612 Harbor Island Dr, Newport Beach, CA 92660

Sale: $7,100,000

7/17/20250.49 mi

Area:3,337 sqft
Price/sqft:$2,128
Beds:4
Baths:5
Year Built:
Weight:18.0%

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