40 E Neapolitan
Long Beach, CA, 90803
$2,975,000
MLS: PW26073604
Beds
3
Baths
4
Sq Ft
4,236
Lot
0.08 ac
Year Built
1987
MLS #
PW26073604
Days on Market
1
Listed
Apr 6, 2026
Description
Tucked into the storybook canal community of the coveted Naples Island , this custom-built 1987 residence blends timeless craftsmanship with coastal elegance. Step through a grand marble-floored entry into a home where detail takes center stage. Rich wainscoting weaves throughout, while the formal dining room showcases classic boxed ceilings, setting the tone for elevated entertaining. The living room invites you to unwind with a fireplace, built-in bookcases, and a wet bar that feels tailor-made for intimate gatherings. The thoughtfully designed layout offers 3 bedrooms, 3 full baths, and a powder room. The kitchen pairs function and charm with a breakfast sitting area, gas cooktop, and electric oven, opening seamlessly to everyday living spaces. Upstairs, a spacious second-floor family room with its own fireplace and wet bar creates the perfect retreat, alongside a dedicated office for work or creative pursuits. Crowning the home, the third-floor primary suite is a private sanctuary, complete with a generous bath featuring dual sinks and a jetted tub designed for relaxation. Outdoor living unfolds across multiple balconies, a patio, and a quaint grassy area, including a rooftop deck ideal for soaking in ocean breezes and sunset skies. A rare three-car garage, elevator access, slate roof, and newer A/C and water heater add both convenience and peace of mind. All of this, just moments from the vibrant dining and shopping along 2nd Street, in one of Long Beach’s most exclusive and sought-after coastal enclaves. (check out the 360 virtual tour using the icon under the map above).//////// This is more than a home, it’s a lifestyle written in salt air and sunlight.
Location
Long Beach, Los Angeles County, CA 90803
Open on Google Maps ↗Listed by: Kathy Shasha · Coldwell Banker Realty
Payment estimate
$20,966
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $297,500 · Loan: $2,677,500
- Principal & Interest
- $16,451
- Property tax (1.25%)
- $3,099
- Homeowners insurance
- $300
- Mortgage insurance
- $1,116
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $104,125 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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