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

home-pic
ACTIVE$7,495,000
312 35th Street, Newport Beach, California 92663
0Bed
0Bath
2,735Sqft
2,377Lot
Year Built
2019
Close
-
List price
$7.5M
Original List price
$8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25062350
Home ConditionExcellent
Features
Good View: Neighborhood
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
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds06
Baths04
Square foot2,7352,467
64%
Lot Size2,3772,614
24%
Price$7.5M$3.2M
92%
Price per square foot$2,740$1,404
92%
Built year20191965
96%
HOA
Days on market154168
40%
Condition Rating
Excellent

Built in 2019, this duplex features modern kitchens with quartz countertops and high-end appliances (Sub-Zero, Bosch). The bathrooms are also modern with sleek finishes. The property shows minimal wear and tear and meets current quality standards.
Pros & Cons

Pros

Investment Opportunity: Duplex with short-term rental permits for both units, offering significant income potential.
Prime Location: Located in West Newport Beach, close to the Rivo Alto Channel and a short walk to the beach, Marina Park, Lido Marina Village, and Cannery Village.
High-End Finishes: Both units feature modern kitchens with quartz countertops, Sub-Zero refrigerators, and Bosch appliances, along with in-unit laundry and central AC/heating.
Rooftop Decks: Both units offer private rooftop spaces, enhancing the living experience and providing outdoor entertainment areas.
New Construction: Built in 2019, the property offers modern construction and updated systems, reducing potential maintenance costs.

Cons

Price Point: The list price of $7,495,000 is relatively high, potentially limiting the pool of potential buyers.
Lot Size: The lot size of 2,377 sqft is relatively small, which may limit outdoor space and potential for expansion.
Price Reduction: The property has already experienced a price reduction of $500,000, which may raise concerns about its market value.

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