714-914-4996

4015 Marcus Avenue,
Newport Beach, CA 92663

$4,995,000

Welcome to 4015 Marcus Avenue, a rare and captivating property located in the heart of Newport Island in Newport Beach. This unique opportunity offers not only a remodeled and updated residence but also the potential to design and build your dream modern custom home on this prime piece of real estate. With sunset-facing views and a private dock, you can enjoy the luxury of keeping your own Duffy or larger boat right at your waterfront doorstep. Imagine cruising along the tranquil waters, soaking in stunning sunsets, or indulging in the beauty of Newport Harbor. The existing home is beautifully remodeled, offering 5 bedrooms, 4 bathrooms, and 2 kitchens across two separate units. Whether you choose to live in the entire house, rent out one unit while residing in the other, or lease both for income-generating potential, the flexibility is unparalleled. This property is a perfect blend of lifestyle and investment, providing an opportunity to enjoy a waterfront lifestyle while generating a steady income stream. For those with an eye toward the future, this lot offers the perfect canvas to design and build a modern custom home enhancing the property’s value and making it truly one-of-a-kind. The serene waters of Newport Harbor are ideal for paddle boarding and other water activities, and the thriving Newport Beach community provides a coastal lifestyle like no other. With nearby access to Peninsula beaches, Lido Marina Village, upscale shopping, and premier dining at Fashion Island, you’ll experience the best of both worlds—a peaceful retreat with easy access to all Newport has to offer.

Basic Information

MLS #:
LG24202674

Price:
$4,995,000

Price
(per sq ft):
$1,915.00

Address:
4015 Marcus Avenue ,
Newport Beach, CA 92663

MLS Area:
699 - Not Defined

Subdivision:

Property
Type:
Duplex

Days on Market:
51

Status:
Active Under Contract

Bedrooms:
5

Bathrooms:
4

Full Baths:
3

Size (sq ft):
2,608 sq ft

Lot Size:
3,014 sq ft

Year Built:
1950

Sale Type:
Standard

Rooms in Home

Rooms:
Kitchen, Laundry, Living Room

Eating Area:
In Kitchen

Laundry:
Inside

Entry Location:
1

Interior Features

Fireplace:
None

Cooling:
Central Air

Heating:
Central

Floor:
Laminate, Tile

Appliances:
Disposal, Gas Cooktop, Refrigerator

Interior Features:

Security:

Accessibility:
None

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:
Electricity Connected,Water Connected

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:
None

Patio:
Patio Open

View:
Bay

Construction:
Adobe

Foundation:

Roof:
Composition

Windows:

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
Level with Street

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
DOUGLAS ELLIMAN OF CALIFORNIA, INC. , Andy Stavros , 01408840

Co-Listed:

Last
Updated:
11/21/2024 1:33 AM

4015 Marcus Avenue,
Newport Beach, CA 92663