tomo logo

$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

CRMLS #NP25054094

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

CRMLS #PW16009804

Sold
$975,000

Schools & Community

Elementary school: 

Newport

Middle school: 

Ensign

High school: 

Newport Harbor

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

CRMLS logo

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