4015 Marcus Avenue
Newport Beach, CA, 92663
$4,995,000
5 Beds
4 Baths
2,608 SqFt
0.07 Acres
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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.

Property Details

Price:
$4,995,000
MLS #:
LG24202674
Status:
Active Under Contract
Beds:
5
Baths:
4
Address:
4015 Marcus Avenue
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699notdefined
City:
Newport Beach
Listed Date:
Sep 30, 2024
State:
CA
Finished Sq Ft:
2,608
ZIP:
92663
Lot Size:
3,014 sqft / 0.07 acres (approx)
Year Built:
1950
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Interior

Accessibility Features
None
Appliances
Disposal, Gas Cooktop, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate, Tile
Heating
Central

Exterior

Community Features
Sidewalks
Fencing
Partial
Garage Spaces
2.00
Lot Features
Level with Street
Parking Spots
2.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Bay
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Water Connected

Map

Community

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4015 Marcus Avenue
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