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417 E Bay

Newport Beach, CA 92661
  • $5,288,888
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: OC25276620
UPDATED: 72 min ago
$5,288,888
  • 5
    BEDS
  • 0.05
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 2,602
    SQFT
  • $2,033
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2020
County:

School Ratings & Info

School District:
Listing Agent(s): Ashkon Babaee of Luxury Redefined (949-293-9955)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-14T23:26:20.387. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.
www.actionrealtyca.com/homes/171422331
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417 E Bay Newport Beach, CA 92661

  • Price: $5,288,888
  • Status: Active
  • On Site: 60 Days
  • Updated: 72 min ago
  • ID#: OC25276620
5
Beds
5
Baths
1
½ Baths
0.05
Acres
2,602
SQFT
$2,033
$/SQFT
2020
Built
Neighborhood:
NP - Balboa Peninsula
County:
Orange
Area:
NP - Balboa Peninsula
School District:
Newport Mesa Unified
Property Description
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.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View BayBack BayCatalinaCity LightsCoastlineHarborMountain(s)PanoramicPierWater View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Interior Features All Bedrooms UpWalk-In Closet(s) Main Level Bathrooms 2 Main Level Bedrooms 0

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkFishingGolfHiking Garage YN Yes Land Lease YN No Laundry Features Laundry Room Lease Considered YN No Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-14T23:26:20.387. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.
 
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Action Realty
1664 Montgomery St
Oroville CA, 95965
Listing Agent(s): Ashkon Babaee of Luxury Redefined (949-293-9955)