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.
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.
Property Details
Price:
$4,400,000
MLS #:
NP25054094
Status:
Active
Beds:
4
Baths:
4
Address:
436 Prospect Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Newport Shores NEWS
Neighborhood:
n8westnewportlido
City:
Newport Beach
Listed Date:
Feb 18, 2025
State:
CA
Finished Sq Ft:
2,832
ZIP:
92663
Lot Size:
2,720 sqft / 0.06 acres (approx)
Year Built:
2021
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Schools
School District:
Newport Mesa Unified
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
Interior
Appliances
Dishwasher, Freezer, Gas Range, Microwave, Range Hood, Refrigerator
Cooling
Central Air
Fireplace Features
Living Room, Fire Pit
Flooring
Wood
Heating
Central
Interior Features
Open Floorplan
Exterior
Association Amenities
Pool, Playground, Tennis Court(s), Sport Court, Other Courts, Clubhouse
Community Features
Park, Sidewalks, Street Lights
Garage Spaces
2.00
Lot Features
Patio Home
Parking Features
Direct Garage Access
Parking Spots
2.00
Pool Features
Association, Community
Sewer
Public Sewer
Spa Features
Association, Community
Stories Total
2
View
Neighborhood, Ocean
Water Source
Private
Financial
Association Fee
650.00
HOA Name
Newport Shores Community Association
Map
Community
- Address436 Prospect Street Newport Beach CA
- AreaN8 – West Newport – Lido
- SubdivisionNewport Shores (NEWS)
- CityNewport Beach
- CountyOrange
- Zip Code92663
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436 Prospect Street
Newport Beach, CA
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