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Sold for $4,855,000 on 02/18/25
  • Listing Provided by: 

    Andy Stavros DRE #01408840 949-290-0139,

    DOUGLAS ELLIMAN OF CALIFORNIA, INC.

    $4,855,000

    4015 Marcus Ave, Newport Beach, CA 92663

    5beds
    2,608sqft
    Duplex
    Built in 1950
    3,014 Square Feet Lot
    $-- Zestimate®
    $1,862/sqft
    $5,298 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2025 at 07:18am

    Listing Provided by:

    Andy Stavros DRE #01408840 949-290-0139,

    DOUGLAS ELLIMAN OF CALIFORNIA, INC.

    Bought with:

    Dominic Tucci, DRE #01506188

    Pacific Sotheby's Int'l Realty

    Source: CRMLS,MLS#: LG24202674MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Disposal, Refrigerator
    • Laundry: Inside
    Features
    • Eat-in Kitchen
    • Flooring: Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,608 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Open, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Partial
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    Lot
    • Size: 3,014 sqft
    • Features: Street Level
    Details
    • Parcel number: 42305303
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Materials
    • Adobe
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Newport Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Alley Paved
    Services availability