436 Prospect ST new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $1,553
Subdivision Newport Shores (News)
MLS Listing ID NP25054094
Bedrooms 4
Full Baths 3
Half Baths 1
Condo Fees $650
HOA Fees $54/ann
Year Built 2021
Lot Size 2,718 Sqft
Property Sub-Type Single Family Residence
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.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Living Room
Laundry Laundry Room
Exterior
Exterior Feature Fire Pit
Parking Features Direct Access,Garage
Garage Spaces 2.0
Garage Description 2.0
Pool Community,Association
Community Features Park,Street Lights,Sidewalks,Pool
Amenities Available Clubhouse,Sport Court,Other Courts,Playground,Pool,Tennis Court(s)
Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access
View Y/N Yes
View Neighborhood,Ocean
Building
Dwelling Type House
Story 2
Sewer Public Sewer
Water Private
New Construction No
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard