207 E Edgewater Avenue, Newport Beach, California 92661, Newport Beach, 92661 - 5 bed, 5 bath

207 E Edgewater Avenue, Newport Beach, California 92661 home-pic-0
ACTIVE$9,999,999
207 E Edgewater Avenue, Newport Beach, California 92661
5Beds
5Baths
2,829Sqft
2,614Lot

Price Vs. Estimate

The estimated value ($9,505,698.19) is $494,300.81 (4%) lower than the list price ($9,999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Unparalleled Waterfront Location & Access: Situated on a prime corner lot on the Balboa Peninsula, this property boasts a private two-sided dock capable of accommodating a 50'+ yacht, a private waterfront patio, and immediate access to bay activities.
Top Cons:
High Price Point: The list price of nearly $10 million represents a significant investment, which will naturally narrow the potential buyer pool despite the property's luxury offerings and prime location.

Compared to the nearby listings

Price:$10.00M vs avg $4.22M (+$5,774,999)81%
Size:2,829 sqft vs avg 2,046 sqft73%
Price/sqft:$3.5K vs avg $2.8K77%

More Insights

Built in 1976 (49 years old).
Condition: Despite being built in 1976, the property has undergone a 'top-to-bottom transformation' with 'high-end finishes' and 'cutting-edge smart-home tech,' and has 'never been lived in since' the renovation. This indicates a very recent and extensive renovation, including new Milgard windows, updated plumbing and electrical, and whole-house water and air filtration. The description explicitly mentions a 'spa-like bath with a soaking tub, and designer touches throughout,' confirming modern, high-quality bathrooms. The exterior image also reflects a newly updated and pristine condition, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1976
Close
-
List price
$10M
Original List price
$10.95M
Price/Sqft
$3,535
HOA
-
Days on market
-
Sold On
-
MLS number
SB25031620
Home ConditionExcellent
Features
Excellent View: Bay, City Lights, Coastline, Harbor, Mountain(s), Neighborhood, Panoramic, Water
Deck
Patio
ViewBay,City Lights,Coastline,Harbor,Mountain(s),Neighborhood,Panoramic,Water

About this home

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.

Nearby schools

9/10
Newport Elementary School
Public,PK-60.9mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.4mi
Condition Rating
Excellent

Despite being built in 1976, the property has undergone a 'top-to-bottom transformation' with 'high-end finishes' and 'cutting-edge smart-home tech,' and has 'never been lived in since' the renovation. This indicates a very recent and extensive renovation, including new Milgard windows, updated plumbing and electrical, and whole-house water and air filtration. The description explicitly mentions a 'spa-like bath with a soaking tub, and designer touches throughout,' confirming modern, high-quality bathrooms. The exterior image also reflects a newly updated and pristine condition, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Unparalleled Waterfront Location & Access: Situated on a prime corner lot on the Balboa Peninsula, this property boasts a private two-sided dock capable of accommodating a 50'+ yacht, a private waterfront patio, and immediate access to bay activities.
Extensive, High-End Renovation: The home has undergone a complete, top-to-bottom transformation, never lived in since its reimagining, featuring high-end finishes, cutting-edge smart-home technology, and modern system upgrades including new windows, plumbing, electrical, and whole-house filtration.
Panoramic Water & City Views: Offers jaw-dropping water views, panoramic vistas of the bay, Balboa Island, and twinkling city lights from multiple vantage points, including a spacious rooftop deck and primary suite balconies.
Flexible Living & Income Potential: Includes a separate second residence with its own amenities, ideal for a guest retreat, long-term rental, or multi-generational living, significantly enhancing the property's versatility and investment appeal.
Proximity to Coastal Amenities: Located just three blocks from world-class beaches, famous surf breaks, the Balboa Island Ferry, Fun Zone, and top-tier dining, offering an exceptional and convenient coastal lifestyle.

Cons

High Price Point: The list price of nearly $10 million represents a significant investment, which will naturally narrow the potential buyer pool despite the property's luxury offerings and prime location.
Limited Lot Size: With a lot size of 2,614 sqft, the property offers less expansive outdoor space compared to some other luxury properties, potentially limiting options for larger gardens or recreational areas beyond the waterfront patio.
Potential for High Maintenance Costs: The extensive high-end finishes, cutting-edge smart-home technology, and waterfront location may lead to higher ongoing maintenance and specialized repair costs compared to a standard property.

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