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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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417 E Bay, Newport Beach – $5,288,888

  • 5 Beds
  • 6 Baths
  • 2,602 Sqft
  • ½ Acres
  • 5 Beds
  • 6 Baths
  • 2,602 Sqft
  • ½ Acres

417 E Bay

Welcome to this Exceptional income producing duplex opportunity in the heart of Newport Beach. This nearly $300,000 per year revenue property features a fully transferable short-term rental license, allowing legal operation on Airbnb and VRBO a rare and highly coveted advantage. The property is consistently booked year round, offering immediate cash flow with true turnkey ease. Built in 2020 by renowned Burkhard Builders, this front and back unit configuration offers flexibility for investors, owner-users, or multi generational living. The front residence (Unit A) spans approximately 1,400 square feet and features three bedrooms and three and one half baths, while the rear residence (Unit B) offers approximately 1,200 square feet with two bedrooms and two and one half baths. Each unit is thoughtfully designed with privacy and functionality in mind. Both residences showcase designer grade finishes throughout, including Wolf appliance suites, custom cabinetry, and high end fixtures. A private ocean view rooftop balcony provides an ideal setting for entertaining and enjoying coastal sunsets. Additional highlights include a each unit with a single car attached covered garage plus one additional covered parking for each unit, a highly desirable feature in this location. Offered fully turnkey, this is a rare Newport Beach opportunity combining luxury, flexibility, and proven income​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​​‌‌​‌‌​​‌​​​‌‌​ performance.

Essential Information

  • MLS® #OC25276620
  • Price$5,288,888
  • Bedrooms5
  • Bathrooms6.00
  • Full Baths5
  • Half Baths1
  • Square Footage2,602
  • Acres0.05
  • Year Built2020
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address417 E Bay
  • AreaNP - Balboa Peninsula
  • CityNewport Beach
  • CountyOrange
  • Zip Code92661

Amenities

  • Parking Spaces2
  • # of Garages2
  • PoolNone

View

City Lights, Mountain(s), Panoramic, Back Bay, Bay, Catalina, Coastline, Harbor, Pier, Water

Interior

  • CoolingCentral Air
  • FireplaceYes
  • FireplacesFamily Room
  • # of Stories2
  • StoriesThree Or More

Interior Features

All Bedrooms Up, Walk-In Closet(s)

Exterior

  • Lot DescriptionZeroToOneUnitAcre

School Information

  • DistrictNewport Mesa Unified

Additional Information

  • Date ListedDecember 16th, 2025
  • Days on Market36

Listing Details

  • AgentAshkon Babaee
  • OfficeSide, Inc
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Ashkon Babaee, Side, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of January 21st, 2026 at 9:26am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.