Discover a rare opportunity to own a modern beachfront home in one of Newport Beachs most coveted locations. Ideally positioned on the boardwalk at 34th Street, this three story residencewith a transferable short term lodging permitoffers 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 chefs kitchen with stainless steel appliances, Sub Zero refrigerator, custom cabinetry, and elegant countertopsperfect 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 Beachs 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 valueand a rare chance to own a proven performer in one of Southern Californias most iconic beachfront communities. (Verified income records available upon request; short term lodging permit transfers to the buyer.)