312 35th Street, Newport Beach, California 92663, Newport Beach, 92663 - 6 bed, 6 bath

312 35th Street, Newport Beach, California 92663 home-pic-0
ACTIVE$7,495,000
312 35th Street, Newport Beach, California 92663
6Beds
6Baths
2,735Sqft
2,377Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Premium Price Point: The list price of $7.495 million represents a substantial investment, potentially narrowing the buyer demographic.

Compared to the nearby listings

Price:$7.50M vs avg $3.20M (+$4,295,000)88%
Size:2,735 sqft vs avg 2,440 sqft72%
Price/sqft:$2.7K vs avg $1.5K96%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old and virtually new. The description highlights 'high-end finishes,' 'gourmet kitchen with Sub-Zero and Bosch appliances,' and 'sleek quartz countertops.' The images confirm a modern, minimalist aesthetic throughout, with contemporary kitchen cabinets, fixtures, and appliances. Bathrooms feature modern vanities, large format tiling, rain shower heads, and glass enclosures, all in pristine condition. Flooring is consistent and appears new. All major systems, including central air and heating, are new and meet current quality standards, indicating no deferred maintenance. The property is in impeccable, move-in ready condition.
Year Built
2019
Close
-
List price
$7.5M
Original List price
$8M
Price/Sqft
$2,740
HOA
-
Days on market
-
Sold On
-
MLS number
NP25030313
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Just moments from the tranquil Rivo Alto Channel and two blocks from Newport Beach’s golden shores, this stunning duplex seamlessly blends elegance, coastal living, and a rare investment opportunity—each unit holds a coveted short-term rental permit. Thoughtfully designed with high-end finishes, it offers incredible flexibility for homeowners and investors alike. Live in one unit and rent the other for passive income, or lease both for optimal returns—this property is designed to maximize its potential. Unit A spans approximately 1,596 SF across three levels, featuring four bedrooms and four full bathrooms, while Unit B offers approximately 1,139 SF over two levels with two bedrooms and two full bathrooms. Unit A embraces indoor-outdoor living, with an expansive rooftop deck accessible from the third-level bedroom. The light-filled open-concept living space is anchored by a cozy fireplace, while the gourmet kitchen boasts sleek quartz countertops, a Sub-Zero refrigerator, and premium Bosch appliances. The primary suite features an en-suite bath and private balcony, perfect for enjoying the coastal breeze. Unit B provides a private coastal retreat with its own rooftop space and a modern kitchen equipped with quartz countertops and high-end Sub-Zero and Bosch appliances—ideal as a guest space, rental, or personal getaway. Beyond the home, the best of Newport Beach is at your doorstep—sunset strolls at Marina Park, boutique shopping and waterfront dining in Lido Marina Village, and the vibrant energy of Cannery Village and Balboa Fun Zone. Additional highlights include central air and heating, in-unit laundry for both units, and a two-car garage with sleek epoxy flooring. Whether you're seeking a primary coastal residence, a luxury getaway, or a high-performing investment, this exceptional duplex offers the best of Newport Beach living.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-60.9mi
9/10
Newport Elementary School
Public,PK-61.1mi
7/10
Horace Ensign Intermediate School
Public,7-81.0mi
7/10
Newport Harbor High School
Public,9-121.2mi
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old and virtually new. The description highlights 'high-end finishes,' 'gourmet kitchen with Sub-Zero and Bosch appliances,' and 'sleek quartz countertops.' The images confirm a modern, minimalist aesthetic throughout, with contemporary kitchen cabinets, fixtures, and appliances. Bathrooms feature modern vanities, large format tiling, rain shower heads, and glass enclosures, all in pristine condition. Flooring is consistent and appears new. All major systems, including central air and heating, are new and meet current quality standards, indicating no deferred maintenance. The property is in impeccable, move-in ready condition.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Exceptional Investment Opportunity: Each unit holds a coveted short-term rental permit, offering significant income potential and flexibility for investors or owner-occupiers.
Prime Coastal Location: Situated just two blocks from Newport Beach's golden shores and moments from the Rivo Alto Channel, with easy access to Marina Park, Lido Marina Village, and other vibrant coastal attractions.
Modern Construction & Luxury Finishes: Built in 2019, featuring high-end materials, gourmet kitchens with Sub-Zero and Bosch appliances, quartz countertops, central air, and in-unit laundry for both units.
Versatile Duplex Configuration: Offers the flexibility to live in one unit and rent the other for passive income, or lease both for maximized returns, catering to diverse buyer needs.
Private Rooftop Decks: Both Unit A and Unit B include private rooftop spaces, providing desirable outdoor living and entertainment areas characteristic of coastal luxury.

Cons

Premium Price Point: The list price of $7.495 million represents a substantial investment, potentially narrowing the buyer demographic.
Limited Lot Size: The 2,377 sqft lot is compact, which is typical for the area but offers minimal private ground-level outdoor space beyond the building footprint.
Lack of Direct Ocean Views: Despite its proximity to the beach, the property offers 'Neighborhood' views rather than direct, expansive ocean vistas, which some buyers might expect at this coastal price point.

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