409 E Edgewater, Newport Beach, California 92661, Newport Beach, 92661 - 4 bed, 3 bath
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409 E Edgewater
Newport Beach, California 92661
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,732Sq Ft
3,237Lot Size
Property Price
LIST PRICE$7,998,000
EST. MARKET VALUE
$7,998,000
SUMMARY
This Premier Bayfront Residence is listed at $9,480,000, representing a stable valuation for this high-demand corridor relative to its $8,937,528 Fair Market Value. Boasting an Excellent Condition Rating following a high-end renovation, the home features a private boat dock, a modern chef’s kitchen with waterfall quartz, and unobstructed harbor views. Located within the prestigious Newport Mesa Unified district and steps from the 9/10 rated Newport Elementary, this turnkey sanctuary offers a seamless coastal lifestyle. It is the definitive choice for Luxury Homebuyers or Maritime Enthusiasts prioritizing location and water access.
Estimated Market Value
$7,998,000
Based on Realkey algorithm analyzing recent comparable sales in Newport Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 409 E Edgewater Subject | $7,998,000* List Price | 4 | 3 | 2,732 | $2,928 | - |
A 218 E Oceanfront Sold | $9,250,000 | 4 | 4 | 2,650 | $3,491 | 0.2 mi |
B 306 E Oceanfront Active | $6,850,000 List Price | 4 | 5 | 2,520 | $2,718 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1917, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a modern chef's kitchen with waterfall quartz countertops and premium appliances, updated bathrooms with contemporary fixtures, new wide-plank flooring, and recessed lighting. All visible components meet current luxury standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Premier Bayfront Location
Situated on the prestigious Balboa Peninsula, this property offers rare direct bayfront access with unobstructed views of the harbor, marina, and city lights.
- Private Boat Dock
The inclusion of a private boat dock provides immediate water access, a highly coveted and high-value amenity for boating enthusiasts in Newport Beach.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3237, living area = 2732.
- Vintage Construction
Built in 1917, the property may require significant capital investment for structural updates or modernization to meet contemporary luxury standards.
- Premium Price per Square Foot
At a listing price of nearly $9.5 million for 2,732 square feet, the property commands an aggressive premium that may be a barrier for buyers seeking more interior living space.
About 409 E Edgewater
NEWLY PRICED — RARE BAYFRONT OPPORTUNITY ON THE NEWPORT BEACH PENINSULA. An exceptional opportunity to own a distinctive waterfront residence in one of Newport Beach’s most sought-after coastal locations. This 4-bedroom, 3-bath home offers direct bay views and its own private boat dock, creating an ideal setting for the quintessential Southern California waterfront lifestyle. The residence also features a versatile bonus room ideal for a home office, den, or flex space. Enjoy harbor views from your doorstep, boating directly from your private dock, and convenient access to the Peninsula’s beaches, dining, shopping, and recreation. For buyers seeking a premier bayfront location, private dock, and the opportunity to own a truly special property on the Newport Beach Peninsula, 409 E. Edgewater deserves a closer look.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1917
- Lot Size
- 3,237 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Elementary School
Grades PK-6 • 1.0 mi
9/10
Horace Ensign Intermediate School
Grades 7-8 • 1.3 mi
7/10
Newport Harbor High School
Grades 9-12 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.8 |
| Square foot | 2,732 | 2,729.518 |
| Lot Size | 3,237 | 6,677.813 |
| Price | $8.00M | $4.20M |
| Price per sq ft | $2.9K | $1.6K |
| Built year | 1917 | 1972 |
| HOA | $0 | $414 |
| Days on market | 148 | 63 |
Pricing History
Listed for Sale
Aug 13, 2026
$7,998,000
$8,980,000
-11% Price Drop
Initial Listing
Price Change
Jun 5, 2026
$8,980,000
$9,480,000
-5% Price Drop
Initial Listing
Price Change
Apr 14, 2026
$9,480,000
Initial Listing
Sold
Apr 14, 2025
$5,741,500
Public Record