417 E Bay Newport Beach, CA 92661
Listing Courtesy of: CRMLS / Luxury Redefined / Ashkon Babaee - Contact:  949-293-9955

  417 E Bay Newport Beach, CA 92661

Active (91 Days)
$5,288,888 (USD)
5
BED
6
BATH
2,602
SQFT

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.

MLS #:
OC25276620
Lot Size
2,178 SQFT
Type
Single-Family Home
Year Built
2020
Views
Panoramic, City Lights, Back Bay, Bay, Water, Harbor, Coastline, Catalina, Pier, Mountain(s)
School District
Newport Mesa Unified
County
Orange County

Listed By

Ashkon Babaee, Luxury Redefined, Contact: 949-293-9955
Source
CRMLS
Last checked Mar 17 2026 at 3:12 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
  • Half Bathroom: 1
Interior Features
  • All Bedrooms Up
  • Laundry: Laundry Room
  • Walk-In Closet(s)
Property Features
  • Fireplace: Family Room
Heating and Cooling
  • Central Air
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Living Area
  • 2,602 sqft
Additional Information: Luxury Redefined | 949-293-9955
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.