$4,995,000
Accepting Backup Offers

4015 Marcus Avenue

Newport Beach, CA 92663
2608 sqft | 5 beds | 3.5 baths | 0.07 acres | #LG24202674
Listing OfficeDOUGLAS ELLIMAN OF CALIFORNIA, INC.
Browse 42 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • InteriorEatInKitchen
    • Beds & Baths
      • Bathrooms3.5
      • Bedrooms5
      • Full Baths3
      • Half Baths1
  • Property Details
      • Lot DescriptionStreetLevel
      • ViewBay
      • Stories2
    • Measurements
      • Acres0.0692
      • Square Feet2608
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictNewport Mesa Unified
      • CountyOrange
  • Financial Details
      • Original List Price$4,995,000
  • Other
      • MLS #LG24202674

Location

Christopher PereaReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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