This property comes with a transferable valid short-term rental license, giving you the flexibility to enjoy it whenever you desire and rent it out at your convenience. Located at 4405 Channel Place, this stunning home is fully furnished and equipped with everything you need, including furniture, artwork, accessories, patio furniture, televisions, and even solar panels. It's ready for immediate occupancy and income generation! This property is an ideal investment for those dreaming of a vacation home. With a transferable short-term rental permit, located in the picturesque Newport Beach, it presents exceptional income opportunities along the beautiful Southern California coast. Just a gentle sea breeze away from the beach and newly built in 2017, this Balboa Peninsula treasure emerges as a beacon of coastal elegance in the heart of Newport Beach, California. This fully furnished, turnkey sanctuary unfolds over three levels, offering three luxurious bedrooms, a versatile loft, and three sumptuous bathrooms. Accompanied by a single-car garage and additional covered parking, it's the rooftop terrace that truly captivates, delivering panoramic views that promise the pinnacle of relaxation and high-end entertainment. With architectural mastery at its core, the home features towering, vaulted ceilings, and grand windows that capture the radiant California sunshine, accentuating the spacious, open-plan living areas dressed in sophisticated, neutral tones. The luxury underfoot is tangible with wide-plank white oak floors, complemented by the grace of stylish pendant lighting from above. Stainless steel cable railings add a contemporary touch, leading residents through the vertical expanse of this refined urban retreat. The kitchen is a chef’s dream, resplendent with pristine white quartz countertops, a spacious island poised for entertaining, the finest stainless-steel appliances, and sleek European cabinetry. The primary suite is a secluded haven with a spa-inspired bathroom, featuring dual vanities, an expansive walk-in shower, a lavish soaking tub, and a generous walk-in closet. Sustainable living is embraced here, with solar panels fully paid for in 2018 and an exceptional Airbnb license, adding remarkable value in Newport Beach. The home’s allure includes recessed lighting, central heating, and air conditioning, with the added luxuries of a built-in wine refrigerator and a chic custom backsplash.