Located just steps from the sand on the coveted 100 block of 41st Street, 115 41st Street presents a rare opportunity to own a recently built (2022) single-family residence plus an ADU designed for both exceptional personal enjoyment and outstanding income potential. Offered fully furnished and benefiting from an active Short-Term Lodging Permit for the main residence, the property combines a thoughtfully designed three-bedroom, three-and-one-half-bath primary residence with a private two-bedroom, two-bath ADU, creating remarkable flexibility for personal use, multi-generational living, or premium vacation rental income. Currently generating more than $360,000 in annual income through the ADU and permitted short-term rentals, the property offers a rare combination of coastal lifestyle and proven investment performance. The first level features a private-entry two-bedroom ADU complete with an open-concept living area, full kitchen, laundry, and direct access to a generous private patio, making it equally suited for guests, extended family, or additional rental income. The main residence is designed to embrace Newport Beach's indoor-outdoor lifestyle. Light-filled living spaces open to a covered balcony with a built-in Lynx barbecue and beverage refrigerator, while the chef's kitchen is appointed with Wolf and Sub-Zero appliances, a generous center island, custom Shaker cabinetry, quartz countertops, and abundant storage. Designer lighting, luxury vinyl plank flooring, boutique-inspired bathrooms, shiplap detailing, in-ceiling speakers, and curated furnishings create a refined yet relaxed coastal aesthetic throughout. The upper levels culminate in an inviting loft that opens to approximately 1,350 square feet of beautifully finished outdoor living space, including two rooftop decks with sweeping views of the Pacific Ocean, city lights, surrounding neighborhoods, and distant mountains. A built-in wet bar, fireplace, and spa create an exceptional setting for entertaining or enjoying Newport Beach sunsets year-round. Additional amenities include a tandem two-car garage, covered carport, outdoor beach shower, and separate laundry facilities for both residences. 115 41st Street offers a rare opportunity to own a recently built coastal property that seamlessly combines thoughtful design, exceptional flexibility, and established income potential in one of Newport Beach's most desirable beachside locations.
Bedrooms
5
Bathrooms
6
Square Feet
2,900
Lot Size
2,614 sqft
Year Built
2022
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
Garage Total
2
MLS #
NP26150062
Interior Features
Wet Bar, Built In Features, Balcony, Ceiling Fans, Furnished, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Bar, Bedroom On Main Level, Jack And Jill Bath, Loft, Main Level Primary, Primary Suite, Walk In Closets
Flooring
Tile, Vinyl
Fireplace
Family Room, Outside
Appliances
Six Burner Stove, Barbecue, Dishwasher, Free Standing Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer
Laundry
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Main Level Bedrooms
2
Main Level Bathrooms
2
Cooling
Central Air, Electric
Heating
Forced Air, Natural Gas
Total Parking Spaces
3
Garage Spaces
2
Carport Spaces
1
Attached Garage
Yes
Parking Features
Attached Carport, Carport, Door Single, Garage, Garage Door Opener, Tandem
Patio & Porch
Concrete, Covered, Deck, Open, Patio, Rooftop, Screened, Terrace
Security
Fire Sprinkler System
Foundation
Slab
Roof
Asphalt
Lot Features
Level, Near Public Transit
Spa Features
Above Ground, Private, Roof Top
Sewer
Public Sewer
Water Source
Public
Biking, Fishing, Park, Storm Drains, Street Lights, Sidewalks, Water Sports
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features