207 40th St Unit 2 Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated payment $13,975/month
Highlights
- Deck
- Wood Flooring
- Quartz Countertops
- Newport Elementary School Rated A
- High Ceiling
- 3-minute walk to 38th Street Park
About This Home
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 Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 949-306-8339 License #01857997 Listed on: 11/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,500
Year Built
- Built in 1983
Lot Details
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Tandem Garage
- Two Garage Doors
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 1,275 Sq Ft Home
- 1-Story Property
- High Ceiling
- Skylights
- Recessed Lighting
- Formal Dining Room
- Wood Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- All Upper Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- West Newport Beach Subdivision
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 93394020
- $389 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,500 | $1,271,020 | $1,150,478 | $120,542 |
| 2024 | $13,500 | $1,246,099 | $1,127,920 | $118,179 |
| 2023 | $13,182 | $1,221,666 | $1,105,804 | $115,862 |
| 2022 | $12,961 | $1,197,712 | $1,084,121 | $113,591 |
| 2021 | $12,714 | $1,174,228 | $1,062,864 | $111,364 |
| 2020 | $12,592 | $1,162,188 | $1,051,965 | $110,223 |
| 2019 | $12,335 | $1,139,400 | $1,031,338 | $108,062 |
| 2018 | $2,116 | $167,934 | $33,950 | $133,984 |
| 2017 | $2,081 | $164,642 | $33,285 | $131,357 |
| 2016 | $2,037 | $161,414 | $32,632 | $128,782 |
| 2015 | $2,016 | $158,990 | $32,142 | $126,848 |
| 2014 | $1,970 | $155,876 | $31,512 | $124,364 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $2,450,000 | -- | $1,922 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,139,500 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | New Conventional | |
| Previous Owner | $447,412 | Adjustable Rate Mortgage/ARM |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25254708
APN: 933-940-20
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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