436 Prospect Street, Newport Beach, CA 92663
-
Listed Price :
$4,400,000
-
Beds :
4
-
Baths :
4
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Property Size :
2,832 sqft
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Year Built :
2021
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 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.
Interior Features
| Laundry Information |
| Location(s) |
Laundry Room |
| Bedroom Information |
| Bedrooms |
4 |
| Bathroom Information |
| Bathrooms |
4 |
| Flooring Information |
| Material |
Wood |
| Interior Information |
| Features |
Eat-in Kitchen, Open Floorplan, Bedroom on Main Level, Jack and Jill Bath, Loft, Primary Suite, Walk-In Closet(s) |
| Cooling Type |
Central Air |
| Heating Type |
Central |
Listing Information
| Address |
436 Prospect Street |
| City |
Newport Beach |
| State |
CA |
| Zip |
92663 |
| County |
Orange |
| Listing Agent |
Rebecca Anderson DRE #01913892 |
| Courtesy Of |
Surterre Properties Inc. |
| List Price |
$4,400,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
2,832 |
| Lot Size |
2,720 |
| Year Built |
2021 |
Listing information courtesy of: Rebecca Anderson, Surterre Properties Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 12th, 2025 at 1:32 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
