Experience the finest of coastal living in beautiful Newport Beach with the sand at your doorstep, ocean breezes and world-class amenities just minutes away. This prime Balboa Peninsula Bayfront location is situated on a corner double lot with 100’ of private white sand beach, a private dock, and 4 large boat slips. 405 Edgewater Avenue presents a rare opportunity to own a family compound consisting of 2 attached homes that are perfectly positioned with dramatic views of the bay, Balboa Island and Newport Beach city lights. Sited on a 7100’ lot with over 4800’ of living space. The compound has recently been remodeled with hardwood flooring and granite countertops throughout. A large 4 bedroom, 2 bath, owners quarters with floor to ceiling glass and a large front patio. A beautiful 2 bedroom, 2 bath mother-in-law quarters below and 2 attached spacious studios for the kids. 3 enclosed attached garages offering parking for 5 cars and 2 outside designated parking spaces. 3 bayfront patios and seating area on the dock is sure to provide extensive outside entertainment and relaxation areas. This exceptional property would be the perfect primary residence, a wonderful beach house, great investment property or an extraordinary family compound. Don’t miss this once in a lifetime opportunity!