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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