Under contract

Active Under Contract

4015 Marcus Avenue

Newport Beach CA, 92663

$4,995,000


$1,915.26 per sqft

Under contract

Active Under Contract

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

November 14, 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

45


Garage

Yes


Garage Spaces

2


Parking Total

2


View

Yes


View Description

Bay


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

11/14/2024

Under contract

Listing Contact: 949-270-0440 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/14/2024. 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 11/14/2024 at 5:41 PM UTC

 

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