Active
436 Prospect Street
Newport Beach CA, 92663
$4,400,000
$1,553.67 per sqft
Active
4 Beds
4 Baths
2,832 sqft
Residential
Built in 2021
Listed by Rebecca Anderson with Surterre Properties Inc. [email protected]
INVESTOR OPPORTUNITY - PRIME NEWPORT SHORES LEASEBACK
This stunning contemporary home, built in 2022, offers a rare investment opportunity in Newport Shores, a sought-after beachside community. The sellers are seeking a two-year leaseback, making this an ideal turn-key investment.
Spanning over 2,800 sq. ft., this bright and modern two-story home features 4 bedrooms, 3 full baths, and 2 half baths, plus a versatile bonus room. The first floor includes a guest suite, while upstairs hosts the primary suite with a spa-like bath, oversized walk-in closet, and a private deck. The bonus room, complete with a wet bar and private deck access, could easily be converted into a fifth bedroom.
High-end finishes throughout include wide-plank hardwood flooring, designer lighting, and custom bathrooms and kitchen. The chef's kitchen boasts top-of-the-line appliances, sleek cabinetry, and an oversized island. Additional upgrades include fully paid solar panels and whole-home water filtration.
Designed for easy coastal living, the home features a charming front patio with a built-in bench seat and lush landscaping, plus a low-maintenance backyard with a built-in BBQ, fire pit and outdoor shower.
Located in the Newport Shores community, residents enjoy resort-style amenities, including a lap pool, tennis court, and sand volleyball court. With restaurants and the beach just steps away, this is an unbeatable opportunity to own a luxury coastal property with built-in rental income.
NP25054094
MLSⓇ ID
March 11, 2025
Listed
March 13, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Interior Features
Eat-in Kitchen, Open Floorplan, Bedroom on Main Level, Jack and Jill Bath, Loft, Primary Suite, Walk-In Closet(s)
Appliances
Dishwasher, Freezer, Gas Range, Microwave, Refrigerator, Range Hood
Laundry Description
Laundry Room
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.06 Acres
Exterior Features
Fire Pit
Architectural Style
Patio Home
Sewer
Public Sewer
Patio And Porch
Covered, Enclosed, Patio
School Information
School District
Newport Mesa Unified
High School
Newport Harbor
Elementary School
Newport
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
2
Association Fee
$650
Association Fee Frequency
Yearly
Association Amenities
Clubhouse, Sport Court, Other Courts, Playground, Pool, Tennis Court(s)
Garage
Yes
Garage Spaces
2
Parking
Direct Access, Garage
Parking Total
2
View
Yes
View Description
Neighborhood, Ocean
County
Orange
Water Source
Private
Pool Features
Community, Association
Waterfront
Yes
Waterfront Features
Across the Road from Lake/Ocean, Beach Access, Ocean Access
Listing Contact: 949-717-7100
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/13/2025. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/13/2025 at 2:37 PM UTC