$6,600,000
1408 W OceanfrontNewport Beach, CA 92661Balboa Peninsula Point
Sold
4010 River Avenue sold on May 10, 2023 for $6,850,000. The details are below for reference.
4010 River Avenue, Newport Beach, CA 92663
- 2,800 sq ft
- Built 1948
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$6,850,000
The home
About 4010 River Avenue
THIS RARE WATERFRONT GEM is one of the top luxury short-term vacation rental getaways in all of Newport Beach. The exceptional offering is completely turnkey and ready for a new owner to step right into an instant flow of year-round income. PRIVATE OVER-SIZED DOCK, Reissue of 2- COVETED SHORT TERM LODGING PERMITS (STLP) and 1- adjacent MOORING PERMIT transfer are included. The property is WELL-MAINTAINED, FULLY FURNISHED and upgraded throughout, melding today's modern luxuries with a balance of elegance and casual coastal living accommodations that meet demanding expectations of even the most discerning guests. A convenient locale allows easy access to all Newport Harbor waterways and beyond for boaters, paddleboarding or kayakers and is just steps or a bike ride away from everything the famed Balboa Peninsula has to offer; the beach for some of the best surf around, beautiful parks, art galleries, upscale boutiques, fine dining and night life, while providing exclusive privacy and tranquility of a quaint residential community living experience. The RARE CORNER LOT leverages E/W exposure into both units, while an adjoining tropical garden extends a greater sense of privacy and space. BOTH UNITS FEATURE 3 BRs, 2 BAs, sweeping bay views overlooking the Rivo Alto canal, alfresco dining, natural gas BBQ grill, sunning/lounging/entertainment areas, fire pit, spacious rooms with casual and comfortable furnishings, well-appointed kitchen, HVAC system, natural gas fireplace in living room & each a private 1 car garage. LOWER UNIT-Sleeps 8- Approx. 1,291 sq.ft., lg. teak-like patio deck leading to private dock. UPPER UNIT-Sleeps 8- Approx. 1,509 sq.ft., lg. cantilevered deck. Occupy 1 unit (full or part-time) and rent the other, or rent both. This amazing owner-operated VRBO STL business was methodically designed and built by the sellers with two goals in mind: 1)to run a lucrative, efficient, streamlined business that would consistently deliver the finest available in STL, 2)to be rated as a top vacation rental in Newport Beach; they have achieved both. Neighborhood utilities were recently undergrounded. This meticulously curated and attractive business investment comes with all furnishings, including operational/replacement items on hand, recreational bay/beach toys, and impressive number of 2023 bookings. Read all reviews on VRBO. This unique TURNKEY investment strategy awaits just one fortunate investor; will you be the one?
Property details for 4010 River Avenue
This duplex sits in Newport Beach in Orange County. It has 2,800 square feet of living space. The home was built in 1948. The MLS record lists the assessor parcel number as 423-302-01. Highlights include bay and panoramic views, bay frontage, a fireplace, a two-car garage, central air, and an updated home.
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- NP21195146
- Year Built
- 1948
- Lot Size (sq ft)
- 3,036
- Lot Size (acres)
- 0.0697
- Levels
- Two
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Bay, Canal, City Lights, Panoramic
- Parcel Number
- 42330201
- On Market Date
- 2021-09-13
- Listing Terms
- Standard
Interior Features
- Appliances
- Dryer, Washer
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- Washer Hookup, Gas Dryer Hookup, In Garage
- Common Walls
- No Common Walls
Exterior Features
- Architectural Style
- Cape Cod
- Exterior Features
- Barbecue, Dock, Lighting, Rain Gutters
- Lot Features
- Zero To One Unit Acre, Corner Lot, Near Park
- Parking
- Door Multi, Garage, Garage Door Opener
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Additions Alterations, Updated Remodeled, Turnkey
- Units
- 2
Community Features
- Community Features
- Biking, Curbs, Storm Drains, Street Lights, Sidewalks, Water Sports, Park
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 4010 River Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| May 10, 2023 | Sold | $6,850,000 | |
| May 5, 2023 | Status changed to Pending | From Active Under Contract | |
| Apr 21, 2023 | Status changed to Active Under Contract | From Active | |
| Jan 19, 2023 | Price reduced | $7,125,000 | From $7,500,000 |
| Aug 26, 2022 | Status changed to Active | From Hold | |
| Aug 26, 2022 | Price increased | $7,500,000 | From $6,595,000 |
| Nov 21, 2021 | Status changed to Hold | From Active | |
| Sep 29, 2021 | Status changed to Active | From Active Under Contract | |
| Sep 15, 2021 | Status changed to Active Under Contract | From Active | |
| Sep 13, 2021 | Status changed to Active | From Coming Soon | |
| Sep 13, 2021 | Listed for sale | $6,595,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 4010 River Avenue
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 6 of 6 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 6 of 6. Fixed wireless: Verizon, up to 300 Mbps, at 6 of 6.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590635003003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (ChargePoint, 2 Level 2 ports). 114 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Newport Beach home sales, past 12 months
- Homes sold
- 33
- Median price
- $3,750,000
- Median days on market
- 50
- Median per sq ft
- $1,811
Recorded MLS closings of duplexes, Nov 2, 2025 to Nov 2, 2026. Days on market run from listing to going under contract.
Recent Newport Beach sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 210 Opal | Oct 29, 2026 | $3,750,000 | 2,024 | $1,853 | 11 |
| 224 Amethyst | Sep 29, 2026 | $3,736,710 | 2,805 | $1,332 | 115 |
| 3709 W Balboa | Sep 14, 2026 | $2,200,000 | 600 | $3,667 | 47 |
| 2212 Laurel | Sep 3, 2026 | $3,235,000 | 2,000 | $1,618 | 8 |
| 510 Avocado | Aug 27, 2026 | $3,720,000 | 3,194 | $1,165 | 8 |
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Listed by Marie Little of Arbor Real Estate
Listing information updated Jul 25, 2023 at 6:29 PM PT. Source: CRMLS.
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. The 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, the 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.