501 W Edgewater Ave Newport Beach, CA 92661

$6,250,000
3 beds
3 full, 1 partial
2,267 sqft
0.05 acres
$2,757 / sqft
House

Property details

About 501 W Edgewater Ave

Discover waterfront living at its finest with this Spanish-revival 3-bedroom, 3-bathroom Balboa Peninsula bayfront home nestled on the shores of Newport Harbor. Boasting 2,267 square feet of interior space, this residence offers a unique blend of Newport Beach coastal fun. Step inside to find a layout designed for easy living and entertaining, where each window frames a picturesque view of Newport Harbor’s turning basin and main channel, a never ending panorama of paddler's, yachts and spectacular sunrises and sunsets. The spacious great room is a vibrant spot for both relaxation and social gatherings, flowing effortlessly to the outdoor waterfront view deck. The property features a private pier and dock capable of accommodating two boats, ideal for a Duffy cruise or boater eager to be on the water at a moment's notice. Whether it's swimming, sailing, paddle boarding, or simply enjoying the sunset, the opportunities for waterfront fun are endless. For those who love a good walk, Newport Harbor Yacht Club, the Peninsula Library, and Balboa Pier are just a short stroll away, along with an array of waterside restaurants, attractions, and vibrant nightlife options. Fancy a bicycle ride on the beach boardwalk, surfing at the beach, or an afternoon at the famed Fun Zone? It’s all just footsteps from your door. Whether you are looking to move right in, plan a remodel, or envision a complete rebuild to create your ultimate dream home, this property offers a foundation of potential. Don’t miss out on the chance to own a slice of the Newport Beach lifestyle, where amazing adventures await around every corner—quite literally!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
Size2,267 sqft
Lot size0.0482 Acres
Year built1981
ParkingDoor-Single, Garage
MLS #LG24236634
Attached garage2 spaces
WaterfrontBeach, Bay Front, Seawall
FireplaceGas, Living Room
ViewCity Lights, Other, Harbor, Marina, Ocean, Pier, Water

Summary

  • MLS Number: LG24236634
  • MLS Name: CRMLS
  • Office Name: Pacific Sotheby’s International Realty
  • Office Phone: (949) 874-4724
  • Listing Agent: Steve High

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 2:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view at dusk featuring a water view

$6,250,000

501 W Edgewater Ave

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Price information

Property sales

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Tax history

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Nearby schools

8

Newport Elementary School

Public District KG-6

0.7 mi

1327 W Balboa Blvd

7

Newport Heights Elementary School

Public District KG-6

1.7 mi

300 E 15th St

7

Mariners Elementary School

Public District KG-6

1.8 mi

2100 Mariners Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $105,357. Most Newport Beach, CA residents have annual incomes between $100k-200k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

20%
<35k
28%
35k-100k
38%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
4%
Single, with Kids
25%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
35%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 W Edgewater Ave

This home is located at 501 W Edgewater Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 2,267 square foot home, which was built in 1981, sits on a 0.05 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $6,250,000.

In December 2024 more than 8 listings in Newport Beach, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 46 were sold below. The number of listings in Newport Beach, CA decreased by 7.4% between November and December 2024. While the average time on the market in December 2024 was 54 days, the median list price was $3,526,690.

From Rocket Homes Real Estate and based on county public records data.

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