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211 E Edgewater Ave, Newport Beach, CA 92661

Sale Price: $5,650,000
Mar 3, 20242,665 sqft4 beds3 baths
Listed by: Paul Daftarian
License #: 01317949
Phone #: 949-484-0387
Luxe Real Estate
Source:
CRMLS Logo
MLS #: OC24041157

Property Description

Welcome to 211 East Edgewater; an extraordinary bay front residence entering the market for the first time. Experience the rarity of coastal living at its finest and the opportunity to build your dream home with this extraordinary Balboa Peninsula bay-front residence. Boasting unparalleled panoramic views of the Newport Bay, Linda Isle, and Balboa Island with direct access to sandy beaches. The unique lot location allows for remarkable views down the main channel from both the front and the entire south side of the home. This exceptional opportunity offers a private dock, primed for customization, capable of accommodating vessels exceeding 60 feet in length. Further indulge in the luxury of your own semi-private beach, complete with a convenient "beach rack" for storing paddle boards and other aquatic gear. Enjoy a short walk to the Wedge, the harbor entrance, the Balboa Island Ferry, Balboa Fun Zone, and some of Southern California’s most desirable beaches. A perfect full time residence or beach getaway, don't miss out on this market debut and the opportunity to own in an unparalleled location.
Assignment
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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

$66,729

TurboHome Estimated Value

$5,723,300

$2,148 sqft

High Valuation
$6,009,465
$2255/sqft
Normal Valuation
$5,723,300
$2148/sqft
Low Valuation
$5,437,135
$2040/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2148/sqft$5,723,300

Neighborhood: Balboa Peninsula Point (BLPP)

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Comparative Value

$3.80M

$4.00M

$4.44M

$5.65M

$7.00M

307 Sapphire Ave, Newport Beach, CA 92662

Sale Price: $3,800,000

Selected Comparable

130 E Balboa Blvd, Newport Beach, CA 92661

Sale Price: $4,000,000

Selected Comparable

123 Diamond Ave, Newport Beach, CA 92662

Sale Price: $4,075,000

Selected Comparable

205 Garnet Ave, Newport Beach, CA 92662

Sale Price: $4,437,500

Selected Comparable

211 E Edgewater Ave, Newport Beach, CA 92661

Sale Price: $5,650,000

Selected Comparable

211 E Edgewater Ave, Newport Beach, CA 92661

List Price: $6,998,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
211 E Edgewater Ave, Newport Beach, CA 92661

211 E Edgewater Ave, Newport Beach, CA 92661

List: $6,998,000

Listed: 3/3/2024

Area:2,665 sqft
Price/sqft:$2,626
Beds:4
Baths:3
Year Built:
Lot Size:2,456

Comparable Properties

COMPARABLE
Choose comps
211 E Edgewater Ave, Newport Beach, CA 92661

211 E Edgewater Ave, Newport Beach, CA 92661

Sale: $5,650,000

11/21/20240.00 mi

Area:2,665 sqft
Price/sqft:$2,120
Beds:4
Baths:3
Year Built:
Weight:24.7%
130 E Balboa Blvd, Newport Beach, CA 92661

130 E Balboa Blvd, Newport Beach, CA 92661

Sale: $4,000,000

10/2/20240.12 mi

Area:2,681 sqft
Price/sqft:$1,492
Beds:4
Baths:4
Year Built:
Weight:21.3%
205 Garnet Ave, Newport Beach, CA 92662

205 Garnet Ave, Newport Beach, CA 92662

Sale: $4,437,500

1/6/20250.34 mi

Area:2,241 sqft
Price/sqft:$1,980
Beds:4
Baths:4
Year Built:
Weight:18.5%
307 Sapphire Ave, Newport Beach, CA 92662

307 Sapphire Ave, Newport Beach, CA 92662

Sale: $3,800,000

4/8/20250.59 mi

Area:2,130 sqft
Price/sqft:$1,784
Beds:4
Baths:4
Year Built:
Weight:18.1%
123 Diamond Ave, Newport Beach, CA 92662

123 Diamond Ave, Newport Beach, CA 92662

Sale: $4,075,000

1/30/20250.53 mi

Area:2,354 sqft
Price/sqft:$1,731
Beds:3
Baths:3
Year Built:
Weight:17.5%

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