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$4,995,000
5 Beds
3.5 Baths
2,608 SqFt
0.07 Acre Lot
3,014 Sqft Lot
Status Activeundercontract
Property Type Duplex
Price Type
Year Built 1950
Neighborhood
Days on Website 55

Property Map

$4,995,000 – 4015 Marcus Avenue, Newport Beach, CA 92663

Street View

Property listed by DOUGLAS ELLIMAN OF CALIFORNIA, INC., Andy Stavros {attribution_contact}

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.

Property Details and Features

Property Access

  • Road surface type: AlleyPaved

Appliances & Equipment

  • GasCooktop
  • Disposal
  • Refrigerator

Bathrooms

  • 1 half bathroom
  • 1 main level bathroom
  • 3 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 2 main level bedrooms
  • 5 total bedrooms

Building

  • Built in 1950
  • Levels: Two
  • Living area: 2608
  • 2 stories
  • Common walls: NoCommonWalls
  • Construction materials: Adobe

Community

  • Sidewalks

Cooling

  • CentralAir

Accessibility Features

  • Accessibility features: None

Fence

  • Partial

Fireplaces

  • None

Floors

  • Laminate
  • Tile

Garage

  • 2 spaces

Heating

  • Central

Interior Features

  • EatInKitchen

Laundry

  • Inside

Listing

  • ListingID: LG24202674
  • Standard status: ActiveUnderContract
  • 45 days on market

Location

  • Country: US

Lot

  • 0.0692 acres
  • 3,014 square feet
  • Size: 3,014
  • StreetLevel

Parking

  • 2 totals parking

Pool

  • None

Property

  • Open
  • Patio
  • Bay

Roof

  • Composition

Sewer

  • PublicSewer

Spa

  • None

Utilities

  • ElectricityConnected
  • WaterConnected

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