$2,450,000

207 40th Street 2, Newport Beach, CA 92663

3 beds |
2 baths |
1,275 sqft

Condominium
Built in 1983
2,431sqft lot
2 car garage
$1,922/sqft
Listed 2 months ago

Property Description

Soaring ceilings, light, bright, and open 207 40th Street, Unit B upstairs! A rare blend of quality, value and space. One of two available units, sold separately or together, each with a coveted active short-term lodging permit fully transferable to the new owner. The 3-bedroom, 2-bath layout is designed for the beach lifestyle, with dramatic vaulted ceilings throughout, including a spacious primary suite with private patio. Totally remodeled and professionally furnished, this property is ready to enjoy from day one, whether 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 and air conditioning. 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. (see the upstairs unit also for sale @ 207 40th St)

Listing Status:: Active
Date Added:: November 6, 2025 at 06:00AM
Listing Office:: Pacific Sotheby's Int'l Realty : 949-554-1200
Listing Agent:: Nicolai Glazer : 949-554-1200
MLS ID:: NP25254708

General: Breakfast BarSeparate/Formal Dining RoomHigh CeilingsQuartz CountersRecessed LightingAll Bedrooms Up
Appliances: DishwasherGas OvenGas RangeMicrowaveRefrigerator
Laundry: InsideLaundry Closet
Flooring: Wood
A/C: Central Air
Heating: Forced Air
Fireplace: None

General: None
Pool: None
Parking: Door-MultiGarageTandemParking spaces: 2

Windows: Skylight(s)
General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
School District: Newport Mesa Unified
County: Orange

Zoning: 93394020
View: NeighborhoodView

Utilities: Water Connected
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Nicolai Glazer, Pacific Sotheby's Int'l Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Newport Heights Elementary School

300 E 15th St, Newport Beach, CA, 92663

Grades KG-6

1.12 miles away

Ensign Intermediate School

2000 Cliff Dr, Newport Beach, CA, 92663

Grades 7-8

1.12 miles away

Newport Harbor High School

600 Irvine Ave, Newport Beach, CA, 92663

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.