Asking Price: $848,000

New Co-Ownership Opportunity: Own one-eighth of this professionally managed, turnkey home. Newport Beach living is all about the beach, and this 3-bedroom, 4-bath home is just steps from the shores of the Pacific. This modern three-story home includes a 600-square-foot rooftop deck with water views, built-in fireplace and a covered loggia for year-round entertaining. Sun pours into the light, bright open concept interior, connected to outdoor living spaces by folding glass doors. A sleek, black tile fireplace anchors the living room, and the chef's kitchen includes custom cabinets, quartz countertops and island, lighted floating shelves and high-end stainless steel appliances. The second floor primary suite features a large balcony with folding glass doors and a luxurious en suite bath with a dual sink vanity, a tiled walk-in shower and a spacious walk-in closet. The two guest bedrooms have their own balconies and share a bathroom. The third floor offers a loft retreat that connects to the outdoor entertaining space. A full bathroom allows the loft space to be used as a fourth bedroom. The home is in the heart of Balboa, close not only to the beach but also to shops and restaurants. The home, which includes a 2-car garage and laundry area, comes fully furnished and professionally decorated.