4015 Marcus Avenue, Newport Beach, CA 92663 - MLS#CRLG24202674

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Paolo Ocampo

paolo.ocampo@exprealty.com +1(510) 736-3886

Listed by Andy Stavros • DOUGLAS ELLIMAN OF CALIFORNIA, INC.

$4,995,000

Est. payment - /mo

5 Beds

4 Baths

2,608 SqFt

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UPDATED:

12/11/2024 11:53 PM

Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,608 sqft

Price per Sqft $1,915

MLS Listing ID CRLG24202674

Bedrooms 5

Full Baths 3

HOA Y/N No

Originating Board Datashare California Regional

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

Location

State CA

County Orange

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Range, Refrigerator

Laundry Inside

Exterior

Garage Spaces 2.0

Pool None

View Bay

Handicap Access None

Private Pool false

Building

Lot Description Other

Story 2

Water Public

Schools

School District Newport-Mesa Unified

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Paolo Ocampo

+1(510) 736-3886

Agent | CA BRE #02127190

Agent CA BRE #02127190