$5,288,888
Est. $29,618/mo417 Bay, Newport Beach, CA 92661
About this home
Welcome to this Exceptional income producing duplex opportunity in the heart of Newport Beach. This nearly $300,000 per year revenue property features a fully transferable short-term rental license, allowing legal operation on Airbnb and VRBO a rare and highly coveted advantage. The property is consistently booked year round, offering immediate cash flow with true turnkey ease. Built in 2020 by renowned Burkhard Builders, this front and back unit configuration offers flexibility for investors, owner-users, or multi generational living. The front residence (Unit A) spans approximately 1,400 square feet and features three bedrooms and three and one half baths, while the rear residence (Unit B) offers approximately 1,200 square feet with two bedrooms and two and one half baths. Each unit is thoughtfully designed with privacy and functionality in mind. Both residences showcase designer grade finishes throughout, including Wolf appliance suites, custom cabinetry, and high end fixtures. A private ocean view rooftop balcony provides an ideal setting for entertaining and enjoying coastal sunsets. Additional highlights include a each unit with a single car attached covered garage plus one additional covered parking for each unit, a highly desirable feature in this location. Offered fully turnkey, this is a rare Newport Beach opportunity combining luxury, flexibility, and proven income performance.
infoProperty Facts
Bedrooms
5
Bathrooms
5.5
Square Feet
2,602
Property Type
Single Family Residence
Days on Market
48
HOA Fee
N/A
Garage Total
2
MLS #
OC25276620
chairInterior Details
General Interior
Interior Features
All Bedrooms Up, Walk In Closets
Fireplace
Family Room
Kitchen & Appliances
Laundry
Laundry Room
garageParking
Total Parking Spaces
2
Garage Spaces
2
Attached Garage
Yes
deckExterior & Lot
Lot & Grounds
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Biking, Dog Park, Fishing, Golf, Hiking
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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