$7,000,000
For Sale

204 44th Street

Newport Beach, CA 92663
4000 sqft | 6 beds | 5 baths | 0.07 acres | #OC24204441
Listing OfficeCompass
Browse 18 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

*TWO SIDE BY SIDE STAND-ALONE Modern Cape Cods in Newport Beach with 2 Highly Coveted STR Permits**
Live in the main house and rent out the back house! CASA SURF is an extraordinary Modern Cape Cod located in the heart of Newport Beach’s Peninsula. This unique property spans an impressive 4,000 square feet and features TWO STANDALONE side by side homes seamlessly connected by stairs and a catwalk on one large lot.
**Main House:**
- **Size:** 2,700 sqft
- **Layout:** 4 Bedrooms, 4 Bathrooms
- **Highlights:** Spacious, open-concept living areas, gourmet kitchen, luxurious primary suite with a private beach view deck. The front house boasts a cool industrial roll-up glass door that opens up the home to your private front patio.
**Second House:**
- **Size:** 1,300 sqft
- **Layout:** 2 Bedrooms + Loft, 2 Bathrooms
- **Highlights:** Cozy yet modern design, additional living space ideal for guests or extended family, and a versatile loft area.
**Additional Features:**
- **Short-Term Rental Permits:** 2 STR permits
- **Parking:** 4-car garage
- **Furnishing:** Both homes are fully furnished and move-in ready
- **Turnkey Business:** Professionally managed with projected revenue of $275,000 annually
- **Custom Local Art:** Walls adorned with unique local artwork included
- **Outdoor Gear:** Paddle boards and surf gear included
- **Artistic Flair:** Cool custom mural painted by a renowned local artist
- **Prime Location:** Steps to the bay for launching your SUPs and just a block from Tower 44 Beach
- **Outdoor Amenities:** Private outdoor shower between both homes
- **Entertainment Space:** Entertainer's outdoor front patio lounge reminiscent of a beach club vibe in the Hamptons
- **Unique Features:** A cool spiral staircase leads you to the third-floor upper-level bedroom suite with a private bathroom and access to the deck
- **Private Entrances:** Homes have multiple private entrances
- **Rental Flexibility:** The homes can be rented individually or as one home for large groups
This property is more than just a home; it's a lucrative investment opportunity. Whether you're looking for a luxurious family residence, an income-generating property or like the idea of both options to help with the costs, 204 44th Street offers unparalleled potential and value.
Don't miss out on this rare opportunity to own a piece of Newport Beach's finest real estate. For more photos or information please inquire.
Price reflect SFR possibilities.

  • Interior Details
      • InteriorAllBedroomsUp, AllBedroomsDown, BedroomOnMainLevel, Loft
    • Beds & Baths
      • Bedrooms6
      • Bathrooms5
      • Full Baths5
  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • ViewNeighborhood
      • Stories2
    • Measurements
      • Acres0.07
      • Square Feet4000
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1983
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBalboa Peninsula (Residential) (BALP)
    • Location
      • School DistrictNewport Mesa Unified
      • CountyOrange
  • Financial Details
      • Original List Price$7,000,000
  • Other
      • MLS #OC24204441

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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