436 Prospect Street Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $1,553
MLS Listing ID NP25054094
Style Detached
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Turnkey
HOA Fees $54/ann
HOA Y/N Yes
Year Built 2021
Lot Size 2,720 Sqft
Acres 0.0624
Property Sub-Type Detached
Property Description
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 chefs 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.
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 chefs 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.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Cooling Central Forced Air
Flooring Wood
Fireplaces Type FP in Living Room,Fire Pit
Equipment Dishwasher,Microwave,Refrigerator,Freezer,Gas Range
Appliance Dishwasher,Microwave,Refrigerator,Freezer,Gas Range
Laundry Laundry Room
Exterior
Parking Features Direct Garage Access
Garage Spaces 2.0
Pool Community/Common,Association
View Ocean,Neighborhood
Total Parking Spaces 2
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Private
Level or Stories 2 Story
Construction Status Turnkey
Others
Monthly Total Fees $54
Acceptable Financing Cash,Cash To New Loan
Listing Terms Cash,Cash To New Loan
Special Listing Condition Standard