Newport Beach - Beach Property For Sale #5428743

*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.