Discover a rare opportunity to own a modern beachfront home in one of Newport Beach’s most coveted locations. Ideally positioned on the boardwalk at 34th Street, this three-story residence—with a transferable short-term lodging permit—offers sweeping ocean and Catalina Island views, high-end design, and effortless coastal living just steps from the sand. Designed to maximize natural light and capture panoramic vistas, the home features floor-to-ceiling infinity glass doors on all three levels, seamlessly blending indoor and outdoor spaces. The main level showcases an open-concept layout anchored by a chef’s kitchen with stainless steel appliances, Sub-Zero refrigerator, custom cabinetry, and elegant countertops—perfect for both everyday living and entertaining. Upstairs, three spacious bedrooms each offer ensuite baths and walk-in closets. The luxurious primary suite opens to a private ocean-facing deck and includes a spa-style bath with soaking tub, steam shower, separate water closet, and expansive closet space. A third-floor bonus room with a full bath opens to the rooftop deck, where a boardwalk-facing hot tub, lounge seating, and retractable awning create the perfect space to unwind or entertain. Additional amenities include a full-size laundry room with generous storage, smart TVs throughout, USB-integrated outlets, a modern security system with exterior cameras, and a two-car garage with EV charging outlets. Currently operated as one of Newport Beach’s highest-performing short-term vacation rentals, this property delivers strong, consistent income. It has been professionally managed for over a decade, and the current owner has maintained it in pristine condition. Its prime oceanfront location, turnkey condition, and rare transferable permit make it a standout investment for buyers seeking a hybrid of lifestyle and income potential. Whether you're looking for a full-time residence, second home, or income-producing coastal retreat, this exceptional property offers immediate value—and a rare chance to own a proven performer in one of Southern California’s most iconic beachfront communities. (Verified income records available upon request; short-term lodging permit transfers to the buyer.)