Listing by: Tara McNabb, Compass, taralmcnabb@icloud.com

8 Beds

5 Baths

3,032 SqFt

Active

Picture yourself embarking on a weekend getaway, feeling the soft grains of sand beneath your toes as you bask in the splendor of breathtaking sunsets, accompanied by fine wine and cherished friends. This extraordinary opportunity invites you and your loved ones to embrace ownership of an oceanfront property, while luxuriating in the rewards of a short-term rental. This amazing property features TWO highly coveted SHORT TERM RENTAL PERMITS, this oceanfront duplex in Newport Beach offers exceptional income opportunities on the coast of Southern California. Located directly on the beach with no boardwalk between the property and the sand, the two-story design welcomes stunning ocean, beach and shoreline views from both levels. The lower-level residence features three bedrooms and 2 baths, while the second-floor unit boasts five bedrooms and 3 baths. Guests will enjoy walking out to a large beachfront patio downstairs and a spacious ocean-view deck on the top floor. Both units are open and bright, and they showcase upgrades including wood-look wide-plank tile flooring, crown molding and granite bath surrounds. Fashionable kitchens display quartz countertops, peninsulas with waterfall-style edges, stainless steel appliances and white Shaker cabinetry. Property also comes with coastal approved plans for a third floor roof deck addition. The duplex’s outstanding location is destined to be a big attraction for short-term renters. Not only is it directly on the sand, it is close to Lido Marina Village, Fashion Island, golf, parks and world-famous surf spots.

Property Details
Price $11,695,000
Bedrooms 8
Full Baths 5
Total Baths 5
Lot Size Area 2413
Lot Size Area Units Square Feet
Acres 0.0554
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 2
Year Built 1963
Subdivision Balboa Peninsula (Residential) (BALP)
View Catalina,Coastline,Ocean,Panoramic,White Water
Waterfront Beach Access,Beach Front,Ocean Access,Ocean Front
Lot Description Rectangular Lot
Laundry Features In Garage
Pool features None
Parking Spaces 3
Garage spaces 2
Association Fee 0
Geographic Data
Directions 40th to Seashore
County Orange
Latitude 33.618287
Longitude -117.937597
Market Area NP - Balboa Peninsula
Address Information
Address 4005 Seashore, Newport Beach, CA 92663
Postal Code 92663
City Newport Beach
State CA
Country United States
Listing Information
Listing Office Compass
Listing Agent Tara McNabb
Listing Agent Phone taralmcnabb@icloud.com
Buyer Agency Compensation 2.000
Attribution Contact taralmcnabb@icloud.com
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://first-class-production.aryeo.com/videos/018f128e-5ab0-7352-9554-631d32cc1d0e
School Information
District Newport Mesa Unified
MLS Information
Days on market 14
MLS Status Active
Listing Date Apr 18, 2024
Listing Last Modified May 2, 2024
Tax ID 42331303
MLS Area NP - Balboa Peninsula
MLS # OC24076287

This information is believed to be accurate, but without any warranty.
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