#LG25047863, John Stanaland, Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC.

505 W Edgewater Ave Newport Beach, CA 92661
Property details
About 505 W Edgewater Ave
Situated in a premier and rarely available, Bayfront location with captivating Newport Harbor turning basin views, this impeccably remodeled, turn-key designer four bedroom, four-and-a-half-bath home embraces traditional East Coast elegance and style at every turn. Poised on a forty-foot-wide waterfront lot along the charming tree-lined walkway near Bay Island, this magical residence displays the timeless character of a classic New England beach house. Past the Dutch door entry, the well-proportioned living room is highlighted by a fireplace, gleaming millwork and exceptional ceiling detail. Designed for entertaining the foyer, living, dining and kitchen areas flow from one to the next and adjoin the sunny bay front terrace replete with Hestan grill. For the true gourmand, the professional-grade kitchen is anchored by a handcrafted walnut island and features generous prep and storage areas, abundant refrigeration, and an impressive BlueStar range and oven. Adjoining the kitchen, the jewel-box butler’s pantry shimmers with lacquer-finish wood paneled walls, and houses additional storage, refrigeration, and a commercial ice maker. A graceful staircase ascends to the second floor. Here, the serene primary suite embraces water views from ever vantage point and is highlighted by a separate sitting room with cozy fireplace, a private terrace, artisan millwork, and a luxurious spa bath with stone-clad walls and custom mosaic marble details. Two beautifully appointed, grand-scale guest rooms, each with walk-in closet and en-suite bath, and a den/office complete the second level of the home. An additional guest suite with private bath is thoughtfully located on the first floor of the residence. Enjoying panoramic views of the harbor, sparkling city lights, and the San Bernadino mountains in the distance, this gracious home with its timeless architectural appeal presents a rare opportunity to enjoy move-in-ready waterfront living, that could be available furnished. Dine al fresco on the terrace or relax with a glass of wine on your private dock at sunset. This one-of-a-kind property invites you to slow down, relax, and enjoy all that makes this one of Newport Beach’s most desired locations.
Highlights
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Stove, Range, Double Oven, Dishwasher, Freezer, Gas Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Dryer
- Flooring Type: Wood
- Interior: Beamed Ceilings, Wet Bar, Built-in Features, Balcony, Crown Molding, Cathedral Ceiling(s), High Ceilings, Pantry, Quartz Counters, Stone Counters, Recessed Lighting, See Remarks, Storage, Bedroom on Main Level, Entrance Foyer, Primary Suite, Walk-In Closet(s)
- Fireplace: Gas Starter, Living Room, Primary Bedroom
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Direct Access, Driveway Level, Door-Single, Garage, Garage Faces Rear, See Remarks
- Waterfront: Bay Front, Dock Access, Navigable Water, Seawall
- View: Bay, City Lights, Harbor, Mountain(s), Neighborhood, Panoramic, Water
- Exterior: Awning(s), Barbecue, Lighting
- Architectural Style: Cape Cod
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Zoned
- List Price: $13,500,000
- Price/SqFt: $4,208
- Annual Tax Amount: $69,438
- Tax Year: 2024
- Lot: Landscaped
- Directions: E. Balboa Blvd to Island St. - Island to Bayfront - Turn left to property
- Year Built: 2004
- Stories: 2
- Living Area: 3,208 SqFt
- Lot Size: 0.0643 Acres
- MLS Number: NP25009524
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Phone: (949) 478-7781
- Listing Agent: Tara Foster Shapiro
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: 5/7/2025, 10:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$13,500,000
505 W Edgewater Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 28, 2019 | Home Sold | $6,000,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $6,561,876 | $69,438 |
2023 | $6,433,212 | $67,819 |
2022 | $6,307,071 | $66,704 |
2021 | $6,183,403 | $65,421 |
2020 | $6,120,000 | $64,794 |
2019 | $5,991,685 | $63,319 |
2018 | $5,991,685 | $63,319 |
2017 | $5,874,201 | $62,196 |
History based on county public records data.
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.
Neighborhood
The neighbors living near this home have an average income of $105,357. The majority of Newport Beach, CA residents have income between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 505 W Edgewater Ave
The listing price of 505 W Edgewater Ave property is $13,500,000.
The property 505 W Edgewater Ave is a house located in Newport Beach, California, 92661.
Active Listing: 505 W Edgewater Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 W Edgewater Ave are: Newport Elementary School (GreatSchools Rating 8/10), Newport Heights Elementary School (GreatSchools Rating 7/10), Mariners Elementary School (GreatSchools Rating 7/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $69,438 (source: MLS/based on county public records data).
The last sale was on February 28, 2019 for $6,000,000 (source: MLS/tax record).
The property at 505 W Edgewater Ave has 4 bedrooms and 4 full and 1 half bathrooms.
The property 505 W Edgewater Ave is 3,208 SqFt (source: MLS/tax record).
The year of construction for 505 W Edgewater Ave is 2004.
This home is located at 505 W Edgewater Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 3,208 square foot home, which was built in 2004, sits on a 0.06 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $13,500,000.
While more than 8 listings in Newport Beach, CA in April 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 64 were sold below. The inventory of homes for sale in Newport Beach, CA between March and April 2025 increased by 6.9%. In April 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $3,600,000.