204 44th Street Newport Beach, CA 92663

Multi-Family (2-4 Units) MLS #: OC24202880 Courtesy Of Compass

$7,000,000

9 beds | 6 baths | 1 half baths | 4,000 sq ft
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Estimated monthly payments: $30,600/mo.* (recalculate)

Property InformationDescription

*Modern Cape Cod Gem in Newport Beach with 2 Highly Coveted STR Permits**

Welcome to 204 44th Street, an extraordinary Modern Cape Cod estate located in the heart of Newport Beach. This unique property spans an impressive 4,000 square feet and features two standalone homes seamlessly connected by stairs and a catwalk.

**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 outdoor 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. An investor packet detailing the breakdown of revenue and expenses is available upon request. Whether you're looking for a luxurious family residence or an income-generating property, 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. Contact us today to schedule a private showing.
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Features

  • Age: 41-50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Heating System: Central Furnace

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204 44th Street, Newport Beach, CA 92663
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School Information

204 44th Street, Newport Beach, CA 92663

Elementary School
Grades KG-6 | Public School
NEWPORT ELEMENTARY SCHOOL
Newport Beach, CA 92661
1327 W Balboa Blvd
949.­515.6965
Distance: 1.5 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
308
Middle School
Grades 7-8 | Public School
ENSIGN INTERMEDIATE SCHOOL
Newport Beach, CA 92663
2000 Cliff Dr
949.­515.6910
Distance: 1.2 mi
School Rating
A-
Student:Teacher Ratio
23:1
Total Students
977
High School
Grades 9-12 | Public School
NEWPORT HARBOR HIGH SCHOOL
Newport Beach, CA 92663
600 Irvine Ave
949.­515.6300
Distance: 1.4 mi
School Rating
B+
Student:Teacher Ratio
28:1
Total Students
2266
Other Nearby Schools Distance Type Grades School Rating
Carden Hall 0.7 mi Private PK-8
Newport Heights Elementary School 1.1 mi Public KG-6 B+
Whittier Elementary School 1.4 mi Public KG-6 C-
Harper 1.8 mi Public KG
Mariners Elementary School 2.0 mi Public KG-6 B+
Pomona Elementary School 2.1 mi Public KG-6 C
Victoria Elementary School 2.1 mi Public KG-6 C+
Rea Elementary School 2.2 mi Public KG-6 B-
John H. Eader Elementary School 2.3 mi Public KG-5 A
Page Academy 2.3 mi Private PK-8
Christ Lutheran School 2.3 mi Private PK-8
Woodland Child Devt Center 2.4 mi Private PK-5
Wilson Elementary School 2.4 mi Public KG-6 C-
Woodland Elementary School 2.4 mi Public KG-2
Estancia High School 2.6 mi Public 9-12 B-
The Waldorf School Of Orange County 2.6 mi Private PK-12
International School For Science And Culture 2.6 mi Public KG-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newport Beach, CA 92663

Median Age: 46.6
Married: 37%
Number of Households: 9,436
Households with Children: 13.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.