714-914-4996

436 Prospect Street,
Newport Beach, CA 92663

$4,400,000

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.

Basic Information

MLS #:
NP25054094

Price:
$4,400,000

Price
(per sq ft):
$1,553.00

Address:
436 Prospect Street ,
Newport Beach, CA 92663

MLS Area:
N8 - West Newport - Lido

Subdivision:
Newport Shores (NEWS)

Property
Type:
Single Family Residence

Days on Market:
23

Status:
Active

Bedrooms:
4

Bathrooms:
4

Full Baths:
3

Size (sq ft):
2,832 sq ft

Lot Size:
2,720 sq ft

Year Built:
2021

Sale Type:
Standard

Rooms in Home

Rooms:
Jack & Jill, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Primary Suite, Walk-In Closet

Eating Area:
In Kitchen

Laundry:
Individual Room

Entry Location:
1

Interior Features

Fireplace:
Living Room, Fire Pit

Cooling:
Central Air

Heating:
Central

Floor:
Wood

Appliances:
Dishwasher, Freezer, Gas Range, Microwave, Range Hood, Refrigerator

Interior Features:
Open Floorplan

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Direct Garage Access

Home Owners Association

HOA Dues 1:
$650.00 / Annually

HOA Dues 2:
$

HOA Amenities: 
Pool, Playground, Tennis Court(s), Sport Court, Other Courts, Clubhouse

Utilities

Water:
Private

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:
ENSIGN

High:
NEWHAR

Exterior Features

Pool:
Association, Community

Spa:
Association, Community

Patio:
Covered, Enclosed, Patio

View:
Neighborhood, Ocean

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
Patio Home

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Park, Sidewalks, Street Lights

Other Structures:

Structure Condition:
Turnkey

Direction Faces:

Listed by:
Surterre Properties Inc. , Rebecca Anderson , 01913892

Co-Listed:

Last
Updated:
4/3/2025 4:18 PM

436 Prospect Street,
Newport Beach, CA 92663