118 39th Street, Newport Beach, CA 92663

Welcome to your dream beachside retreat on the coveted Balboa Peninsula! This stunning custom-built home, just over 10 years old, offers the perfect blend of luxury, comfort, and investment potential. Ideally situated between the beach and the bay, this property is steps from the sand and within walking distance of the boardwalk, top-tier dining, lively bars, boutique shops, world class surf and a plethora of other outdoor activities.Featuring 3 bedrooms and 3 bathrooms, this meticulously designed residence features travertine and hardwood flooring, granite countertops, stainless steel appliances, and central AC for year-round comfort. The rooftop patio offers views of this charming coastal community and is perfect for entertaining or unwinding after a day at the beach. Parking is no problem here with an attached garage and covered carport.What truly sets this home apart is its highly sought-after Short-Term Lodging Permit, making it a prime income-generating opportunity. This beach house will be sold fully furnished, making it a seamless investment for those looking to generate rental income whenever they are not personally enjoying the coastal lifestyle themselves.Don’t miss this rare opportunity to own a turnkey coastal escape in one of Southern California’s most desirable beach communities!