123 44th Street
Newport Beach, CA 92663
$8,000,000
About This Home
Welcome to 123 44th, a newly constructed coastal masterpiece located just steps from the sand on one of the Peninsula’s most desirable streets in Upper West Newport. Sold fully furnished and offering an active short-term lodging permit currently generating over $300,000 annually with near year-round occupancy and five-star reviews, this property presents a rare opportunity to own a turnkey luxury residence and high-performing investment property in one. Spanning approximately 2,812 square feet across three levels with elevator access, the home offers 6 bedrooms and 5 full bathrooms, including a self-contained ADU guest suite complete with kitchenette, full bath, and private alley entrance. Designed with exceptional craftsmanship throughout, the residence features steel-beam construction, 9-foot tongue-and-groove ceilings with exposed beams, wide-plank white oak flooring, custom oak cabinetry with black hardware, automated blinds, and whole-home reverse osmosis water filtration. A custom blue Dutch door welcomes you into the south-facing great room where a whitewashed stone fireplace anchors the space and an automated four-panel glass wall opens completely to the front patio. Designed for true indoor-outdoor living, the patio features a natural gas fire pit, rain shower, integrated heater lamps, and flush-mounted speakers. The gourmet kitchen is outfitted with a 48-inch Sub-Zero refrigerator, 48-inch Wolf gas range with griddle, dual Wolf wall ovens, farmhouse sink, oversized island, and designer lighting. The primary suite opens to a private deck and includes a spa-inspired bathroom with soaking tub, rain shower, dual vanities, dedicated makeup station, and pebble-stone tile finishes. Additional highlights include a full laundry room with dual stacked washer and dryer sets, an oversized side-by-side two-car garage with epoxy flooring and Tesla charger, four natural gas fireplaces, solar panels, and integrated smart home, audio, and security systems. The rooftop deck delivers a true resort experience with covered lounge space, outdoor fireplace and TV, Lynx natural gas grill, custom stone countertops, six-person jacuzzi, panoramic ocean and Catalina views, fitness area, Plunge cold plunge, and a rooftop steam shower with automated skylight. South-facing and sun-drenched, this exceptional home sits just houses from the sand, river jetties, and Newport’s best surf breaks.
Property Details
Schools
Elementary
Newport
Middle School
Ensign
High School
Newport Harbor
Location
Listed by
Arthur Dorr
Balboa Realty
MLS# U41137
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