$13,500,000

505 W Edgewater Ave Newport Beach, CA 92661

4 beds
4 full, 1 partial
3,208 sqft
0.06 acres
$4,208 / sqft
House

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

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air, Zoned
Size3,208 sqft
Lot size0.0643 Acres
Year built2004
ParkingDirect Access, Driveway Level, Door-Single, Garage, Garage Faces Rear, See Remarks
MLS #NP25009524
Attached garage2 spaces
WaterfrontBay Front, Dock Access, Navigable Water, Seawall
FireplaceGas Starter, Living Room, Primary Bedroom
ViewBay, City Lights, Harbor, Mountain(s), Neighborhood, Panoramic, Water

Virtual tour

Summary

  • MLS Number: NP25009524
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 478-7781
  • Listing Agent: Tara Foster Shapiro

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: 3/16/2025, 6:20:52 AM 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

DateEventPrice
Feb 28, 2019
Home Sold
$6,000,000

Tax history

YearAssessmentProperty 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.

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. The most common type of family is single, no kids. Most 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 505 W Edgewater Ave

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.

In February 2025, from all listings sold in Newport Beach, CA there were more than 12 sold above asking price, over 51 sold below and more than 13 were sold right at the asked price. Between January and February 2025, Newport Beach, CA real estate market has seen increase in the number of listings by 19%. In February 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $3,532,144.

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

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