436 Prospect Street Newport Beach, CA 92663

4 Beds
3 full, 1 half Baths
2,832 Sqft
2,718 Sqft lot
0.06 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 2021
Neighborhood: Newport Shores (news)
Days on Website: 70

Property listed by {listing_office_name}, {listing_agent_name} {attribution_contact}

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 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.

Open House

Property Details and Features

  • Dishwasher
  • Freezer
  • GasRange
  • Microwave
  • Refrigerator
  • RangeHood
  • 1 half bathroom
  • 2 main level bathrooms
  • 3 full bathrooms
  • 4 total bathrooms
  • 1 main level bedroom
  • 4 total bedrooms
  • Built in 2021
  • Levels: Two
  • Living area: 2832
  • 2 stories
  • Architectural style: PatioHome
  • Common walls: NoCommonWalls
  • Park
  • StreetLights
  • Sidewalks
  • Pool
  • CentralAir
  • FirePit
  • LivingRoom
  • Wood
  • 2 spaces
  • Central
  • Association fee: $650
  • Association amenities: Clubhouse,SportCourt,OtherCourts,Playground,Pool,TennisCourts
  • EatInKitchen
  • OpenFloorplan
  • BedroomOnMainLevel
  • JackAndJillBath
  • Loft
  • PrimarySuite
  • WalkInClosets
  • LaundryRoom
  • ListingID: NP25054094
  • Standard status: Active
  • 9 days on market
  • Country: US
  • Subdivision name: Newport Shores (NEWS)
  • 0.0624 acres
  • 2,720 square feet
  • Size: 2,720
  • 2 totals parking
  • DirectAccess
  • Garage
  • Community
  • Association
  • SeeRemarks
  • Covered
  • Enclosed
  • Patio
  • Neighborhood
  • Ocean
  • AcrossTheRoadFromLakeOcean
  • BeachAccess
  • OceanAccess
  • Elementary school: Newport
  • Middle or junior school: Ensign
  • High school: Newport Harbor
  • PublicSewer
  • Association
  • Community