Active
4015 Marcus Avenue
Newport Beach CA, 92663
$4,995,000
$1,915.26 per sqft
Active
5 Beds
4 Baths
2,608 sqft
Multi-family
Built in 1950
Listed by Andy Stavros with DOUGLAS ELLIMAN OF CALIFORNIA, INC. 949-290-0139
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.
LG24202674
MLSⓇ ID
September 30, 2024
Listed
October 27, 2024
Updated
Map
4015 Marcus Avenue
Newport Beach CA, 92663
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Interior Features
Eat-in Kitchen
Appliances
Gas Cooktop, Disposal, Refrigerator
Laundry Description
Inside
Floor Description
Laminate, Tile
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Street Level
Roof
Composition
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
Other Property Details
Area Name
699 - Not Defined
Days on Market
26
Garage
Yes
Garage Spaces
2
Parking Total
2
View
Yes
View Description
Bay
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 949-270-0440
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/27/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 10/27/2024 at 10:42 AM UTC