4015 Marcus Avenue, Newport Beach, CA 92663
- $4,995,000
- 5
- BD
- 4
- BA
- 2,608
- SqFt
- List Price
- $4,995,000
- Status
- ACTIVE
- MLS#
- LG24202674
- Year Built
- 1950
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 2,608
- Lot Size
- 3,014
- Acres
- 0.07
- Lot Location
- Street Level
- Days on Market
- 8
- Property Type
- Single Family Residential
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Appliances
- Gas Cooktop, Disposal, Refrigerator
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Bay
- Exterior Construction
- Adobe
- Patio
- Open, Patio
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Interior Features
- Eat-in Kitchen
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Andy Stavros (andy.stavros@elliman.com) from Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.