115 41st, Newport Beach, California 92663, Newport Beach, 92663 - 5 bed, 6 bath

115 41st, Newport Beach, California 92663 home-pic-0
ACTIVE$6,600,000
115 41st, Newport Beach, California 92663
5Beds
6Baths
3,132Sqft
2,614Lot

Price Vs. Estimate

The estimated value ($6,600,000) is $0 (0%) lower than the list price ($6,600,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 3132.

Compared to the nearby listings

Price:$6.60M vs avg $4.45M (+$2,150,000)77%
Size:3,132 sqft vs avg 2,456 sqft73%
Price/sqft:$2.1K vs avg $1.8K64%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a newly constructed home. The description explicitly states it's a 'luxurious, nearly new home with top-tier appointments,' including 'designer lighting fixtures, luxury vinyl plank flooring, quartz countertops, Shaker cabinetry, top-of-the-line Wolf and Sub-Zero appliances, and boutique hotel-inspired baths.' The images confirm a pristine, modern aesthetic throughout, from the kitchens and bathrooms to the flooring and rooftop amenities. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2022
Close
-
List price
$6.6M
Original List price
$6.6M
Price/Sqft
$2,107
HOA
-
Days on market
-
Sold On
-
MLS number
OC25071123
Home ConditionExcellent
Features
Excellent View: Catalina, Ocean, Water
Deck
Spa
Patio
ViewCatalina, Ocean, Water

About this home

Built in 2022 and offered fully furnished, this luxurious, nearly new home with an Active Short Term Permit presents an outstanding investment opportunity just steps from the sand in Newport Beach. A fully appointed first-level 2 bedroom ADU is perfect for guests or additional rental income. Ocean and beach views enrich the property, which boasts a total of five bedrooms and four full and two half baths in a three-level floorplan that spans approximately 3,123 square feet. Top-tier appointments include designer lighting fixtures, luxury vinyl plank flooring, quartz countertops, Shaker cabinetry, top-of-the-line Wolf and Sub-Zero appliances, boutique hotel-inspired baths, stacked washer and dryer sets, and high-end furnishings. A private side entrance leads to the ADU, where two bedrooms and two baths are joined by a living room with in-ceiling speakers that flows directly to an open-concept kitchen. Chefs will appreciate a large island, abundant cabinetry, an inviting dining area. The living room and kitchen open to a spacious patio that is ideal for outdoor entertaining. A versatile mud/laundry room and one carport space are also featured. Upstairs, a three-bedroom design is crowned by a loft with two rooftop decks showcasing panoramic ocean, city-light and mountain views. A built-in wet bar, fireplace and hot tub ensure hours of ocean-close fun. Refinements are led by a living room fireplace, shiplap wall treatments, and a covered main-level balcony with Lynx grill and beverage refrigerator. Like the ADU, the main home reveals a stunning kitchen with built-in refrigerator, drawer microwave and six-burner range. Accented by whitewashed brick, the exterior blends modern and timeless design and features a tandem two-car garage and outdoor after-beach shower. Close to Channel Place, Sunset Ridge and 38th Street parks, this move-in-ready home with ADU is convenient to Lido Marina Village, Fashion Island, Balboa Island, Newport Harbor and award-winning schools.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.2mi
9/10
Newport Elementary School
Public,PK-61.4mi
7/10
Horace Ensign Intermediate School
Public,7-81.2mi
7/10
Newport Harbor High School
Public,9-121.4mi
Condition Rating
Excellent

This property was built in 2022, making it a newly constructed home. The description explicitly states it's a 'luxurious, nearly new home with top-tier appointments,' including 'designer lighting fixtures, luxury vinyl plank flooring, quartz countertops, Shaker cabinetry, top-of-the-line Wolf and Sub-Zero appliances, and boutique hotel-inspired baths.' The images confirm a pristine, modern aesthetic throughout, from the kitchens and bathrooms to the flooring and rooftop amenities. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
New Construction & High-End Finishes: Built in 2022, featuring top-tier appointments, designer fixtures, Wolf and Sub-Zero appliances, and boutique hotel-inspired baths, ensuring modern luxury and minimal immediate maintenance.
Exceptional Income & Versatility: Includes an active Short Term Rental (STR) permit and a fully appointed 2-bedroom ADU with a private entrance, offering significant rental income potential or flexible multi-generational living.
Prime Beach Proximity & Panoramic Views: Located 'just steps from the sand' with stunning ocean and beach views, complemented by panoramic ocean, city-light, and mountain views from two expansive rooftop decks.
Turn-Key Luxury & Amenities: Offered fully furnished with high-end furnishings and luxury amenities such as a rooftop wet bar, hot tub, fireplace, Lynx grill, and beverage refrigerator, providing a complete luxury lifestyle.
Desirable Newport Beach Location: Situated in the Balboa Peninsula, close to parks, Lido Marina Village, Fashion Island, Balboa Island, Newport Harbor, and award-winning schools, enhancing its lifestyle appeal and long-term value.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 3132.
Premium Price Point: The $6.6 million list price positions this property at the higher end of the market, which may narrow the buyer pool compared to properties with similar square footage but lower price points.
Compact Lot Size: The 2,614 sqft lot is relatively small for a luxury home in this area, potentially limiting outdoor living space beyond the decks and patio.
Tandem Garage Configuration: The tandem two-car garage, while providing parking, can be less convenient than a side-by-side setup for daily vehicle access and maneuverability.

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