This unrivaled perspective of Newport Island, 408 38th Street is the ultimate haven for entertainers. This stunning bayfront Cape Cod-style residence with a wood shingle faade, is perfectly situated to offer uninterrupted views down the channel, has been meticulously maintained, and sits in a highly sought after location of Newport Beach. The expansive stone patio and private dock with a Duffy (available for lease under separate contract) make it an ideal spot for enjoying entertaining or just relaxing by the water. Designed for seamless year-round outdoor living, the great room features retractable doors that lead effortlessly from the kitchen to a covered, heated porch. The home showcases elegant hardwood flooring, air conditioning, custom stained-glass windows, limestone fireplaces, surround sound, and a built-in Lynx barbecue grill. The primary bedroom showcases bespoke cabinetry, a generous walk-in closet, panoramic water views, and a luxurious marble bathroom. The 4th upstairs den/bedroom, is bathed in natural light and equipped with skylights. Newport Island, a tranquil enclave, is just a short boat ride or walk from pristine beaches, surfing spots, and the newly revamped Lido Marina Village with its shopping and dining options. This home has every possible sport equipment which may be negotiated with the lease. JAN 15th - JUNE 28th ONLY. Price range from $15k to $20k per month depending on the month. May and June are $20k each. Owner occupies the other months.