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Closed
- Listed price
- $3,450,000
- Listed Nov 26, 2014
- Sold price
- $3,250,000
- Sold Apr 3, 2015
3,150 sqft lot|1910 Built|134 MLS days on market
307 E Edgewater Ave, Newport Beach, CA 92661
Property Description
A five-unit apartment building located at 307 East Edgewater Avenue in Newport Beach, California. The location of this building cannot be beat. It is located on Newport Peninsula directly on the water of Newport Bay. The frontage of the property allows tenants to sit on a beach five steps outside the building or relax on a private income producing dock that is included in the purchase of the property. The property consists of five apartment units and a dock. The unit mix consists of two two-bedroom/two-bathroom units, one two-bedroom/one-and-one-half-bathroom unit, and two non-conforming studios. There is also a boat dock that can accommodate three boats. The front units have amazing bay views. The units have been updated. The building is in a world class location. It is within walking distance of a three-mile stretch of sandy beach, world famous surf, and many famous Newport Beach hot spots. The hot spots include the Balboa Island Ferry, which transports passengers and cars from the Peninsula to Balboa Island. The property is a great investment for an investor looking for a location in a prime coastal area.
Listing agent: Steven BogoyevacDRE #01332755steve.bogoyevac@marcusmillichap.com, Listing office: Steven M. Bogoyevac, Broker
MLS data updated 10/27/2026, 4:06:32 PM PT
Source: CRMLSMLS #: PW14249282
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,250,000
Apr 3, 2015
Available records22014–2015
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92661 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.