217 E Edgewater Ave

Newport Beach, CAView Map

Asking Price: $4,100,000

  For Sale By Owner  

1,650 ft² • 3 Bedrooms • 4 Bathrooms

There are only so many homes facing the main bay, not a canal or on the back side of Balboa Island and with a large multi-boat private rebuilt dock and likely this will be one of the last to sell for under $4,000,000 ---- build your dream vacation home on this wonderfully located parcel and dock your fleet of boats right in front.

Balboa bay front home with private dock -facing the main bay with a large sand beach in front and an extra large dock that has been rebuilt using Trex and large gazebo area (no longer allowed) and a large U shaped dock to hold a 40' boat and another side that can hold several boats or a 50' plus boat as well. The long side faces onto a public beach area providing a rare end docking position with no boat adjacent. Definitely one of the largest and best private docks in terms of location and design on Edgewater ave.. The home is located on the end of a cul de sac that dead ends into a large public beach this provides an outstanding view of the main bay toward the Balboa Ferry and Balboa Island. Most of the homes on Edgewater only have a view from the front of the home while this unique property has a view of the main bay from the front and the entire right side of the home. Also the home is far enough away from any other large structure so that this view is not obstructed and the home is walking distance from the Balboa Ferry and the Fun Zone but still far enough away such that there is no noise from this tourist attraction. Behind the home is the main Balboa ocean beach as well just a five minute walk and upstairs the sound of the crashing surf can be heard at night.  The home is currently divided into two apartments-- an upstairs apartment with one bedroom, bathroom, small utility kitchen and a living room area with a fantastic view of Newport Harbor from a large Bay window. The back windows of this apartment catch the breeze from the ocean.

The front apartment has two bedrooms, three bathrooms, a full kitchen, large living room with fireplace with a large completely covered  front porch facing the bay and a door to the two car garage. The two bedrooms upstairs each have a bathroom and one has corner windows facing the bay and the master bedroom has windows that also open onto and face the main bay as well.

THis is an older home built in the 1940's and while not large what it does have is location, location, location-- with fantastic views from the front and side of the home, a recently rebuilt and updated dock that currently holds a 35' GRand Banks, an 18' Duffy and a 28' Searay with easy docking due to there not being any boats on the long side of the dock.

This property has two deeds-- one for the parcel under the main house and another deed for a parcel that is under the main section of the dock -- this is important as this protects the use and ownership of the dock and the dock parcel reduces the city dock tax.

This home does not have a mortgage and is owned free and clear by the family that acquired this property back in the 1960's. 

Home is sold "as is" -- dock boxes are not included but may be available for separate purchase. 

Reasonable offers will be entertained -- and owners will consider payment of a  2 1/2% commission to a licensed broker. 

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