$4,400,000
- Beds
- 4
- Baths
- 3.5
- sq ft
- 2,832
436 Prospect St, Newport Beach, CA 92663
436 Prospect St
Newport Beach, CA 92663
- 27 days on market
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.
Details
Property type
Single Family Residence
Lot size
2,720 sq ft
Price per sq ft
$1,554
Year built
2021
Monthly HOA fee
$54.17
Price History
03/11/2025

CRMLS #NP25054094
Listed
$4,400,000
+351.28%
04/18/2016

CRMLS #PW16009804
Sold
$975,000
Schools & Community
Elementary school:
Newport
Middle school:
Ensign
High school:
Newport Harbor
Community features: Pool, Park, Street Lights, Sidewalks
Community features:
Pool, Park, Street Lights, Sidewalks
High school district:
Newport Mesa Unified
Number of units in community:
440
Status: Active
Tomo last checked: 04/07/2025 at 11:40 AM
Listing updated: 03/20/2025 at 12:13 PM
Listed by: Rebecca Anderson, Surterre Properties Inc. Phone #: (949) 717-7100
MLS: CRMLS #NP25054094

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