$2,699,000 - 203 Cedar Street # A & B, Newport Beach

Newport Beach Home For Sale

Exceptional Newport Beach Duplex – Steps from the Sand. This rare short-term rental permitted duplex presents an incredible opportunity for both investors and owner-users. Just two blocks from the beach, the property offers versatility with two distinct residences: a spacious 3-bedroom, 2-bath upper unit and a 1-bedroom, 1-bath lower unit. The upper residence showcases vaulted wood-beamed ceilings, abundant natural light, and a private roof deck with ocean views. Glass sliders create seamless indoor-outdoor living. The lower unit features its own private patio with French doors—perfect for entertaining—as well as air conditioning for year-round comfort. Both units are thoughtfully updated with stainless steel appliances, cozy fireplaces, en suite primary bedrooms, double-pane windows, fresh paint, and laminate/tile flooring. Additional highlights include washer/dryer, a 2-car garage, 2 carport spaces, and a prime Newport Shores location. Live in one unit and rent the other, or maximize income with both—this property is ideal for investment, rental income, or 1031 exchange. Enjoy the best of coastal living along with award-winning schools, world-class dining, coffee spots, and entertainment—all just moments from your door.