400 40th Street, Newport Beach, CA 92663
400 40th Street, Newport Beach, CA 92663
400 40th Street, Newport Beach, CA 92663
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$7,995,000
Est. payment /mo
7 Beds
8 Baths
3,074 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,074 sqft

Price per Sqft $2,600

Subdivision Newport Island (Newi)

MLS Listing ID NP26054968

Bedrooms 7

Full Baths 4

Half Baths 2

Three Quarter Bath 2

Construction Status Turnkey

HOA Y/N No

Year Built 2022

Lot Size 2,848 Sqft

Lot Dimensions Assessor

Property Sub-Type Duplex

Property Description

Nestled on the exclusive Newport Island within the highly sought-after Balboa Peninsula, this exquisite 2022-built duplex by Matt Clayton Builders offers an unmatched blend of luxury, versatility, and prime coastal living. Whether you dream of living in one unit while generating income from the other, creating a private retreat for extended family and friends, or exploring the potential for a condo conversion, this property is rich with opportunity.

Situated on a corner lot, both units are thoughtfully designed to accommodate the future addition of an elevator, providing convenience and accessibility.

The front unit radiates elegance with three spacious bedrooms, a dedicated office, and stunning hardwood floors throughout. At its heart is a chef's dream kitchen, featuring a sprawling porcelain island and top-of-the-line appliances. The kitchen opens seamlessly to the living area, complete with a cozy fireplace. Enhancing its appeal, the front unit includes a large private patio—perfect for morning coffee, evening cocktails, or enjoying the coastal breeze. The rooftop deck is equally impressive, offering a fireplace, TV, refrigerator drawers, and a bar sink—ideal for hosting gatherings under the coastal sky. A rare two-car garage adds convenience in this coveted beachside neighborhood.

Equally captivating, the second unit offers four bedrooms and 3.5 baths, highlighted by sleek quartz countertops, double ovens, dual sinks, and a custom-built banquette providing cozy dining and additional storage. The light-filled living area features a charming fireplace. The second floor includes two generous bedrooms, a dual-sink Jack-and-Jill bathroom, a laundry room, and a powder bath. The rooftop deck serves as an entertainer's haven, complete with a sink and refrigerator for effortless alfresco dining. With a one-car garage and an additional carport, the property offers a total of four highly desirable parking spaces—a rarity in this prime location.

Beyond the home itself, Newport Island delivers an unbeatable lifestyle. Just steps from the beach and bay, as well as vibrant dining and boutique shopping, you'll enjoy the best of coastal living. At the same time, the island offers a peaceful retreat from the crowds—an under-the-radar enclave many don't know exists.

Don't miss this opportunity to own a modern masterpiece where timeless elegance meets the relaxed charm of beachside living.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 1

Interior

Interior Features Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound, Bedroom on Main Level, Walk-In Pantry, Walk-In Closet(s)

Heating Central, Forced Air, Fireplace(s)

Cooling Central Air

Flooring Wood

Fireplaces Type Family Room, Outside

Inclusions washer dryer front unit

Fireplace Yes

Appliance 6 Burner Stove, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater

Laundry Inside, Laundry Closet, Laundry Room, Stacked, Upper Level

Exterior

Exterior Feature Rain Gutters, Fire Pit

Parking Features Carport, Garage

Garage Spaces 3.0

Carport Spaces 1

Garage Description 3.0

Pool None

Community Features Sidewalks, Park

Amenities Available Playground

View Y/N Yes

View City Lights, Mountain(s), Neighborhood, Peek-A-Boo

Roof Type Asphalt

Accessibility Adaptable For Elevator

Porch Patio, Rooftop

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Corner Lot, Near Park

Dwelling Type Duplex

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Cape Cod, Traditional

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42307105

Security Features Carbon Monoxide Detector(s),Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Laurie Eastman Compass 949-280-5235, DRE #01858979

NEARBY SCHOOL & BUSINESS

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