4015 Marcus Avenue
Newport Beach, CA 92663
Active Under Contract for $4,995,000
Beds: 5 Baths: 4 Structure Size: 2,608 sqft Lot Size: 3,014 sqft
| MLS | LG24202674 |
| Year Built | 1950 |
| Property Type | Duplex |
| County | Orange |
| Status | Active Under Contract |
| Active Under Contract | $4,995,000 |
| Structure Size | 2,608 sqft |
| Lot Size | 3,014 sqft |
| Beds | 5 |
| Baths | 4 |
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.
Listing information courtesy of: Andy Stavros, DOUGLAS ELLIMAN OF CALIFORNIA, INC. 949-290-0139. *Based on information from the Association of REALTORS/Multiple Listing as of 11/24/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Ovsanna Charliyan
REALTOR®
Direct: 818.802.0167
Email: Email Me
DRE: 01383944
DRE #01873088
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