436 Prospect Street

Newport Beach, CA 92663

  • 4 Bed(s)
  • 3 Bath(s)
  • 2,832 Sqft
  • 2720
    Sqft(Lot)
$4,400,000

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.

  • Property Type

    Residential

  • County

    Orange

  • Style

    Patio Home

  • AD ID

    48926424

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 3
    • Half Baths: 1

    Water/Sewer

    • Water Source : Private
    • Sewer : Public Sewer

    Interior Features

    • Exterior Property Features : Fire Pit
    • Interior Features: Eat-in Kitchen,Open Floorplan,Bedroom on Main Level,Jack and Jill Bath,Loft,Primary Suite,Walk-In Closet(s)
    • Property Appliances: Dishwasher,Freezer,Gas Range,Microwave,Refrigerator,Range Hood
    • Fireplace: Living Room
    • Flooring: Wood

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 2021

    Exterior Features

    • Fire Pit

    Pool Features

    • Community,Association

    Laundry Features

    • Laundry Room

    Patio And Porch

    • Covered,Enclosed,Patio

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0624
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 2720

  • Listing Price Information

    • Original List Price: 4,400,000
    • Listing Contract Date: 2025-02-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 04506607

  • Garage and Parking

    • Garage Description: Direct Access,Garage
    • Attached Garage: Yes

    Homeowners Association

    • Association: Yes
    • Association Amenities: Clubhouse,Sport Court,Other Courts,Playground,Pool,Tennis Court(s)
    • Association Fee: 650
    • AssociationFee Frequency: Annually
    • Calculated Total Monthly Association Fees: 650

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: N8 - West Newport - Lido
    • Postal Code Plus 4: 1918
    • Directions: PCH & Prospect Street
    • Source Property Type: Residential
    • Area: N8 - West Newport - Lido
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 4
    • Common Walls: No Common Walls
    • Property Condition: Turnkey
    • Structure Type: Single Family Residence
    • Year Built Source: Public Records
    • Total Square Feet Living: 2832
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Two
    • Building Total Stories: 2
    • Structure Type: House
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BuyOwner last updated this listing 03/13/2025 @ 17:03

  • MLS: NP25054094
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 2,832 sqft, 2,720 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Newport Beach , in zip code 92663, this Orange County Home , it is in the Lido Island (LIDO) Subdivision, are nearby neighborhoods.