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.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/13/2025 at 2:37 PM UTC

 

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