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Listed by Andy Stavros • DOUGLAS ELLIMAN OF CALIFORNIA, INC.
$4,995,000
Est. payment /mo
5 BD
4 BA
2,608 SqFt
Pending
4015 Marcus Avenue Newport Beach, CA 92663
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UPDATED:
12/20/2024 06:16 AM
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $1,915
MLS Listing ID LG-24202674
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1950
Lot Size 3,014 Sqft
Property 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.
Location
State CA
County Orange
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks
Utilities Available Water Connected, Electricity Connected
View Y/N Yes
View Bay
Building
Lot Description Level with Street
Sewer Public Sewer
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