421 E Edgewater,Newport Beach,Orange

Description

Waterfront home on the prestigious Balboa Peninsula offers magnificent views spanning from the iconic Newport Harbor and down the Corona del Mar Coastline creating gorgeous California sunsets nightly. Ideally situated in proximity to the Newport Harbor Yacht Club, Balboa Island, Bay Island, the Wedge, and premier dining and shopping. This residence is perfect for those seeking the quintessential waterfront lifestyle. The open concept floor plan boasts an airy and lght-filled great room, spacious dining area, fire place and custom built-ins. Deluxe chef’s kitchen features a 60 inch Viking range with double ovens, warming oven and Sub Zero refrigerator, beautiful stone countertops with classic white cabinets, oversized island and substantial bar seating. Step outside to the patio, overlooking the beautiful Newport Harbor, perfect for outdoor entertainment with a fire pit table and direct access to your private beach. Boating aficionados will love the 16 ft wide private dock that can accommodate a 65 ft vessel along with both a Duffy and a dinghy. The second level boasts a primary suite with a spacious sitting area, fireplace, wine refrigerator, two large walk-in closets and private balcony offering breathtaking views of the Harbor and Coastline. Luxurious spa bathroom with dual vanities, oversized walk-in shower and television to enjoy while relaxing in the large soaking tub.

This home also offers an extraordinary opportunity to acquire plans approved through the Coastal Commission for the addition of a third level. Plans include the addition of a bedroom, full bathroom and large entertaining room behind folding glass doors that open up to arguably the largest roof deck in the area. The magnificent 1,000+ sq. ft. rooftop terrace will truly be an entertainer’s dream with its multiple covered and uncovered lounging areas, fire pit, swim spa, outdoor kitchen overlooking the Newport Harbor, coastline and snow capped mountains. Short Term Rental Permit is allowed and has been applied for through the city of Newport Beach. The included plans for this addition complete this rare offering to maximize your investment, making 421 E. Edgewater one of the best options out there for any discerning buyer.