$6,600,000
3Beds3Baths2,562SqFt
1303 E Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
121 E Edgewater Avenue sold on June 11, 2021 for $6,700,000, 4.2% below the $6,995,000 asking price after 172 days on the market; it was first listed at $7,500,000. The buyer financed the purchase. The details are below for reference.
121 E Edgewater Avenue, Newport Beach, CA 92661
- 4 beds
- 4 baths
- 3,434 sq ft
- 3,150 sq ft lot
- Built 1992
Own 121 E Edgewater Avenue? Request a free home valuation to see what it is worth today.
$6,700,000
Subdivision Balboa Peninsula (Residential)
28 single-family homes sold in the past 12 months · median $7,112,500
The home
About 121 E Edgewater Avenue
BEST VALUE ON THE BAYFRONT-BELOW REPLACEMENT COST! BEST VIEWS! Mesmerizing harbor, city lights and mountains from this recently renovated, corner bayfront home with 45' frontage in a quiet area of the Peninsula. No expense was spared creating this magnificent home of modern coastal architecture using exceptional materials and quality craftsmanship. Enjoy the sandy beach and launch your favorite water toy while enjoying the action of Newport Harbor. Glass entry doors open to a soaring atrium with blue lava stone flooring and iron railing. The Great Room offers dining and entertaining areas with 8” white oak hardwood floors by Gaetano, limestone fireplace and new Fleetwood aluminum doors and windows opening to the stone terrace with Lynx BBQ and fire pit for alfresco dining. Kitchen features Thermador appliances, 240 bottle wine display, cabinetry of exotic Sycamore and Wengy woods, quartz waterfall island, Blue Lava stone counters and mosaic backsplash. Elegant powder room and downstairs office could double as a 4th bedroom. The master suite with covered 240 sf balcony offers “jaw-dropping” views, glowing fireplace and opulent master bath with spa tub over-looking the waterways. 2 secondary bedrooms with en-suite bathrooms as well as a loft. The 575 sf roof top deck offers views in all directions. Central A/C, Sonos, garage epoxy flooring, electric car charger. Electronic shades, new roof and full exterior remodel.
Property details for 121 E Edgewater Avenue
This 4-bedroom, 4-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 3,434 square feet of living space on a 3,150-square-foot lot. The home was built in 1992. The MLS record lists the assessor parcel number as 048-062-01. Highlights include ocean and coastline views, beach frontage, a fireplace, an attached two-car garage, central air, and an updated home.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC20230018
- Year Built
- 1992
- Living Area (sq ft)
- 3,434
- Lot Size (sq ft)
- 3,150
- Lot Size (acres)
- 0.0723
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, Canal, City Lights, Coastline, Harbor, Hills, Marina, Mountains, Ocean, Panoramic, Water
- Parcel Number
- 04806201
- On Market Date
- 2020-11-05
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Breakfast Bar, Built In Features, Balcony, Chair Rail, Ceiling Fans, Crown Molding, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Two Story Ceilings, Bedroom On Main Level, Loft, Primary Suite, Wine Cellar, Walk In Closets
- Appliances
- Six Burner Stove, Built In Range, Double Oven, Dishwasher, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water To Refrigerator
- Flooring
- Stone, Wood
- Heating
- Central, Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room, Primary Bedroom
- Laundry
- Laundry Room, Upper Level
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Common Walls
- No Common Walls
- Windows
- Blinds, Custom Coverings, Double Pane Windows, Plantation Shutters, Skylights
- Doors
- French Doors
Exterior Features
- Architectural Style
- Contemporary
- Exterior Features
- Barbecue, Lighting, Rain Gutters, Fire Pit
- Roof
- Composition
- Construction
- Brick, Stucco, Wood Siding
- Foundation
- Slab
- Lot Features
- Corner Lot, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Walkstreet
- Patio and Porch
- Rear Porch, Covered, Deck, Open, Patio, Rooftop, Stone, Terrace
- Parking
- Direct Access, Garage, Oversized, Storage
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking, Curbs, Gutters, Storm Drains, Street Lights, Sidewalks, Park
- Security
- Security System, Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 121 E Edgewater Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Jun 11, 2021 | Sold | $6,700,000 | |
| May 25, 2021 | Status changed to Pending | From Active Under Contract | |
| Apr 28, 2021 | Status changed to Active Under Contract | From Active | |
| Apr 7, 2021 | Price reduced | $6,995,000 | From $7,295,000 |
| Feb 9, 2021 | Price reduced | $7,295,000 | From $7,500,000 |
| Nov 5, 2020 | Listed for sale | $7,500,000 | |
| Apr 24, 2014 | Sold | $4,155,000 | Villa Real Estate |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 121 E 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 06059C0382K 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 30 of 31 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 31. Cable: Spectrum, up to 1,000 Mbps, at 31 of 31.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003004, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 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
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Selling near 121 E 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
- 28
- Median price
- $7,112,500
- Median days on market
- 36
- Median per sq ft
- $2,558
Recorded MLS closings of single-family homes, Nov 2, 2025 to Nov 2, 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 121 E 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 Dean Lueck of Compass
Listing information updated Jun 12, 2021 at 6:32 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.