$5,350,000 - 4015 Marcus Avenue, Newport Beach

  • 5Beds
  • 3Baths
  • 0SQ. Feet
  • 0.07Acres

Welcome to 4015 Marcus Drive, a captivating property nestled in the heart of Newport Island in Newport Beach. This extraordinary residence boasts a private dock, granting you the privilege of harboring your very own Duffy or larger boat at your waterfront home. Picture the sheer joy of gliding along the pristine waters, watching sunsets, or immersing yourself in the picturesque allure of Newport Harbor at your leisure. More than a haven for a fantastic waterfront lifestyle, this property presents a lucrative investment opportunity. Comprising two separate remodeled and upgraded units totaling 5 bedrooms, it offers flexible options to generate income. Rent out one or both units monthly, establishing a steady stream of revenue. Alternatively, reside in one unit while leasing the other, relishing the comfort of home alongside an additional income source. For paddle boarding enthusiasts, the tranquil harbor presents an ideal canvas for indulging in this popular coastal activity, offering serene and inviting waters for your enjoyment. Newport Beach, renowned for its stunning coastline and vibrant social scene, sets the stage for a life of leisure and enjoyment. Immerse yourself in the thriving Newport Island community, where luxury yachts, waterfront residences, and a vibrant boating culture converge to create an unrivaled coastal experience. As you explore the area, discover the relaxed yet glamorous atmosphere prevalent in Newport Island, nearby Peninsula beaches, Lido Marina Village's upscale shopping, delectable dining options at Fashion Island, and many more along the coast. Contact Broker regarding rental potential and rental history.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:LG23224971
  • Price:$5,350,000
  • Bedrooms:5
  • Bathrooms:3.00
  • Acres:0.07
  • Year Built:1950
  • Type:Residential Income
  • Sub-Type:Duplex
  • Status:Active
  • Listing Agent:Andy Stavros
  • Listing Office:DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Community Information

  • Address:4015 Marcus Avenue
  • Area:699 - Not Defined
  • City:Newport Beach
  • County:Orange
  • Zip Code:92663

Amenities

  • Utilities:Electricity Connected, Sewer Connected, Water Connected
  • Parking Spaces:2
  • Parking:Direct Access, Garage
  • # of Garages:2
  • Garages:Direct Access, Garage
  • View:Water
  • Waterfront:Canal Front
  • Pool:None

Interior

  • Interior:Laminate, Tile
  • Interior Features:Balcony, Open Floorplan
  • Appliances:Gas Cooktop, Gas Oven
  • Cooling:Central Air
  • Fireplaces:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Exterior:Stucco
  • Exterior Features:Dock
  • Lot Description:Street Level
  • Windows:Bay Window(s)
  • Roof:Composition
  • Construction:Stucco
  • Foundation:Slab

Additional Information

  • Date Listed:December 12th, 2023
  • Days on Market:138

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 11:55pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.