40 E Neapolitan Lane
Long Beach, CA, 90803
$2,749,000
MLS: RS26222210
Beds
4
Baths
4
Sq Ft
4,236
Lot
0.08 ac
Year Built
1987
MLS #
RS26222210
Days on Market
1
Listed
Oct 14, 2026
Description
Situated in the heart of prestigious Naples Island, this distinctive custom residence offers an exceptional combination of architectural character, generous living spaces, and refined coastal living. Built in 1987, the home showcases quality craftsmanship and sophisticated detailing throughout, from its impressive marble entry and extensive custom millwork to elegant ceiling treatments and beautifully appointed entertaining spaces. A formal dining room provides an inviting setting for memorable gatherings, while the main living room features a fireplace, custom built-ins, and a wet bar. The well-appointed kitchen offers a gas cooktop, electric oven, and charming breakfast area, creating a comfortable space for everyday living. Designed across three levels, the residence provides exceptional versatility, with multiple areas for entertaining, relaxation, and working from home. The second level features an expansive family room complete with a fireplace and wet bar, along with a generously sized office featuring two closets that can easily function as an additional bedroom or be reconfigured to accommodate both uses. Occupying the third floor, the private primary suite offers a peaceful escape with a spacious ensuite bathroom featuring dual vanities and a jetted soaking tub. Multiple balconies, an inviting patio, a grassy outdoor area, and an impressive rooftop deck provide an abundance of opportunities to enjoy the Southern California climate and refreshing coastal breezes. Additional highlights include an elevator serving the residence, a highly desirable three-car garage, a distinctive slate roof, and recently updated air conditioning and water heater. Ideally positioned within one of Long Beach's most established waterfront neighborhoods, the property enjoys convenient access to the picturesque Naples canals, Alamitos Bay, and the celebrated restaurants, boutiques, and entertainment of Belmont Shore's Second Street. Offering an uncommon combination of space, flexibility, and architectural distinction, this is a remarkable opportunity to experience the very best of Naples Island living.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: David Goodwin · Fiv Realty Co
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$21,325
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $274,900 · Loan: $2,474,100
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $17,130
- Property tax (1.25%)
- $2,864
- Homeowners insurance
- $300
- Mortgage insurance
- $1,031
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $96,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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