207 E Edgewater Avenue

Newport Beach, CA 92661
$10,995,000
0.06 acres | #OC24168812
Courtesy of Compass

Description

Welcome to the epitome of California Bayfront luxury! Nestled in the heart of Newport Beach’s Balboa Peninsula, this exceptionally rare Bayfront duplex has been completely renovated from top to bottom and is located on a generous corner lot. Never lived in since the remodel, it includes a private dock to accommodate a 50'+ yacht plus a side-tie Duffy. Clearly, a rare treasure waiting to be discovered. Boasting bay views, coastal charm, and modern amenities, this property redefines Bayfront living in every way and is a fantastic addition to any investor's portfolio. This duplex offers exclusive access to a semi-private beach and an intimate rooftop deck, providing breathtaking vistas of the bay, Balboa Island, Harbor Island, and beyond. Conveniently located near popular attractions such as restaurants, the Balboa Island Ferry, the Fun Zone, and world-class beaches, you'll experience the best of Newport Beach right at your doorstep. Step into luxury as both residences have been meticulously remodeled from the studs, featuring designer upgrades and high-end finishes throughout. With a total of 5 bedrooms and 5 baths across approximately 3,000 square feet,each home offers spacious living areas and abundant natural light, creating an inviting and sophisticated atmosphere. The main residence spans nearly 2,000 square feet with 3 bedrooms and 3 baths (one bed and bath on the main level), offering indoor/outdoor living and spectacular bay views. Enjoy panoramic views from the rooftop deck, entertain guests on the waterfront patio, or relax in the luxuriously appointed primary suite with a freestanding tub and private balcony overlooking the bay. The secondary residence is ideal for guests, featuring two bedrooms, two baths, vaulted ceilings, and two bay view decks. Indulge in the latest smart-home technology, new plumbing, electrical systems, new Milgard windows, and whole-house water and air purification systems. Every detail has been carefully considered to enhance your comfort and convenience. Live in the front and keep the back for guests or rent either unit to defray costs. A two-car garage plus a carport accommodates all residents/guests. The back unit is ideal as a guest house or as a rental! Just 3 blocks from white sandy beaches and famous surf spots, this property invites you to embrace the quintessential coastal lifestyle of Newport Beach. Whether you're strolling along the boardwalk or enjoying water activities right from your doorstep.
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  • Property Details
      • Interior:BuiltInFeatures, Balcony, CeilingFans, DryBar, Furnished, LivingRoomDeckAttached, OpenFloorplan, StoneCounters, RecessedLighting, Storage
      • View:Bay, CityLights, Coastline, Harbor, Mountains, Neighborhood, Panoramic, Water
      • Stories:3
      • Lot description:CornerLot, CulDeSac, Level, NearPark, StreetLevel, Walkstreet
      • Exterior materials:Barbecue, Lighting
      • Acres:0.06
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1976
      • Foundation:Raised
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Subdivision:Balboa Peninsula (Residential) (BALP)
      • County:Orange
      • Original List Price:$10, 995, 000
      • MLS #:OC24168812
      • Cost:10995000
      • Property subtype:Duplex
      • MLS #:OC24168812

Location

The Alcantara GroupReal Estate Group
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10.0%

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6.0%

Tax Rate

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2.6%
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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.

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