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Living large at 207 40th Street. Two units available, sold separately or together, each with a coveted active short-term lodging permit (yes, 2-short term permits) fully transferable to the new owner. Totally remodeled and professionally furnished, this property is ready to enjoy from day one as a getaway, family beach pad, or high income-generating rental. The interior is styled in a coastal urban-chic aesthetic with light wood accents and beach-inspired tones. With a 2-bedroom, 2-bath downstairs unit that is light, bright, and built for the beach lifestyle, including a private primary ensuite and front patio that sets the tone with a built-in bar, al fresco café window, BBQ, and dining area perfect for gathering after the beach or bay. The Upstairs unit is a 3-bedroom, 2-bath designed with dramatic vaulted ceilings throughout, including a spacious primary suite with private patio. Additional highlights for both units include air conditioning, a private outdoor shower and two tandem parking spaces in the oversized 4-car garage. Everything you need is already here from the furnishings to the beach gear making this an easy, turn-key operation. Located just 11 houses from the sand and 4 houses from the bay in one of Newport Beach's most consistently desirable zones of the Newport Peninsula.
Property Type(s):
Residential Income
| Last Updated | 11/5/2025 | Tract | West Newport Beach (WSNB) |
|---|---|---|---|
| Year Built | 1983 | Community | N8 - West Newport - Lido |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator |
| AREA | N8 - West Newport - Lido |
| EXTERIOR | Balcony |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Recessed Lighting, Walk-In Closet(s) |
| LOT | 2431 sq ft |
| PARKING | Garage, Tandem |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | West Newport Beach (WSNB) |
| UTILITIES | Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Pacific Sotheby's Int'l Realty
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