Property Detail

436 Prospect

Newport Beach CA 92663

$4,400,000

Status: Active

Property Details

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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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