$7,995,000
4Beds4Baths2,987SqFt
1002 E Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
507 W Edgewater Avenue sold on March 25, 2019 for $7,650,000, 4.3% below the $7,995,000 asking price after 209 days on the market; it was first listed at $8,995,000. The buyer paid cash. The details are below for reference.
507 W Edgewater Avenue, Newport Beach, CA 92661
- 5 beds
- 5 baths
- 3,897 sq ft
- 3,500 sq ft lot
- Built 2003
Own 507 W Edgewater Avenue? Request a free home valuation to see what it is worth today.
$7,650,000
Subdivision Balboa Peninsula (Residential)
27 single-family homes sold in the past 12 months · median $7,300,000
The home
About 507 W Edgewater Avenue
Presenting 507 W. Edgewater: a stunning custom-built 5 bedroom, 4 ½ bath estate with expansive, unobstructed main channel & turning basin views in one of Orange County’s most prime & sought-after locations. Situated on a rare, corner lot, this elegant yet current design effortlessly exudes the southern California lifestyle of seamless indoor/outdoor living. At nearly 3,900 square feet, the light-filled property boasts attention to detail, creating a striking canvas for the finest materials and finishes. The exterior is beautifully detailed with smooth hand-colored & applied stucco, stone masonry highlights & slate roof reminiscent of a French style chateau. With 50 feet of bay frontage, recently redone seawall & private dock designed for a 63' vessel & a side tie, grassy area & a roomy patio for alfresco dining, this home was created for year-round entertaining. Handsome limestone & hardwood flooring flow throughout the open floor plan & accentuate the numerous highlights, including a gorgeous staircase with wrought iron design, stone-clad fireplace, custom wood built-ins in the living room, state of the art chef’s kitchen with professional-grade appliances, custom wood cabinetry & stone counters, & a generous master suite featuring panoramic harbor & water views. Large guest rooms, upstairs laundry room, whole-house surround sound, 2-car garage, & close proximity to world class shopping, dining & pristine beaches make this property the ultimate coastal waterfront retreat.
Property details for 507 W Edgewater Avenue
This 5-bedroom, 5-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 3,897 square feet of living space on a 3,500-square-foot lot. The home was built in 2003. The MLS record lists the assessor parcel number as 048-052-39. Highlights include harbor and bay views, bay frontage, a fireplace, an attached two-car garage, air conditioning, and a turnkey home.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC18186730
- Year Built
- 2003
- Living Area (sq ft)
- 3,897
- Lot Size (sq ft)
- 3,500
- Lot Size (acres)
- 0.0803
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, Bridges, City Lights, Harbor, Neighborhood, Trees Woods
- Parcel Number
- 04805239
- On Market Date
- 2018-08-02
- Listing Terms
- Standard
Interior Features
- Interior Features
- Built In Features, Balcony, Crown Molding, Coffered Ceilings, Separate Formal Dining Room, Open Floorplan, Stone Counters, Wired For Data, Wired For Sound, Bedroom On Main Level, Jack And Jill Bath, Primary Suite
- Appliances
- Six Burner Stove, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Trash Compactor
- Flooring
- Stone, Wood
- Heating
- Zoned
- Cooling
- Zoned
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Common Area
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 2
- Common Walls
- No Common Walls
- Accessibility
- Accessible Doors
Exterior Features
- Architectural Style
- French Provincial
- Exterior Features
- Dock, Lighting, Rain Gutters
- Roof
- Shake, Slate
- Construction
- Stucco
- Lot Features
- Corner Lot
- Patio and Porch
- Patio
- Parking
- Door Single, Garage, Garage Faces Rear
- Fencing
- Good Condition
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Connected, Water Connected
- Condition
- Turnkey
- Units
- 2
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Curbs, Suburban, Sidewalks
- Security
- Smoke Detectors
The record
Property History for 507 W Edgewater Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 25, 2019 | Sold | $7,650,000 | |
| Aug 2, 2018 | Listed for sale | $8,995,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 507 W Edgewater Avenue
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 36 of 37 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 37. Cable: Spectrum, up to 1,000 Mbps, at 37 of 37.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004010, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.8 miles away (Tesla Destination, 1 Level 2 port). 156 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
507 W Edgewater Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 507 W Edgewater Avenue
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Peninsula (Residential) home sales, past 12 months
- Homes sold
- 27
- Median price
- $7,300,000
- Median days on market
- 35
- Median per sq ft
- $2,501
Recorded MLS closings of single-family homes, Nov 3, 2025 to Nov 3, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1123 E Balboa | Oct 25, 2026 | $10,900,000 | 2,851 | $3,823 | 36 |
| 915 W Bay Avenue | Oct 19, 2026 | $4,921,000 | 2,270 | $2,168 | 3 |
| 3603 Lake Avenue | Oct 5, 2026 | $4,550,000 | 2,200 | $2,068 | 0 |
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
Schools for 507 W Edgewater Avenue
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
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Listed by John Cain of Pacific Sotheby's Int'l Realty
Listing information updated Jun 27, 2026 at 9:58 AM PT. Source: CRMLS.
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.