FULLY APPROVED PERMIT READY PLANS are included for the addition of a third-floor bedroom, bathroom, and large California room with glass walls that open to the largest roof deck in the area with the absolute best views of the Newport Harbor. The magnificent rooftop terrace will be an entertainer's dream with its covered and uncovered lounging areas, outdoor kitchen, fire pit, and hot tub. This is a rare opportunity to substantially increase the value of your waterfront home on the iconic Balboa Peninsula in just 6-7 months. Boating aficionados will love the private beach and private dock that will accommodate a 65ft yacht. This turnkey home features a chef's kitchen with a large island, a 60-inch Viking range, Sub Zero refrigerator, a warming drawer, and three ovens make it perfect for entertaining. The Primary Suite epitomizes luxury living with high vaulted ceilings, two walk in closets, large sitting area, wine refrigerator, and a balcony with fantastic views. There are two spacious en-suites with private bathrooms and a versatile 4th flex room that can serve as an office or bedroom. Whether lounging on the beach, hosting fantastic parties, or taking your Duffy boat out for a sunset cruise, 421 Edgewater will make a fantastic addition to your real estate portfolio.me