• 4015 Marcus Avenue Newport Beach, CA 92663

  • $5,350,000
  • 5
    Bed(s)
  • 3
    Baths
  • 2,608
    Sq Ft
  • 3014
    Sqft
  • Listed By: Andy Stavros, DOUGLAS ELLIMAN OF CALIFORNIA, INC., DRE #01408840
  • Source: CRMLS

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.

Property Type :

Residential

County :

Orange

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Total Baths: 4

Full Baths: 3

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

Property Appliances: Gas Cooktop,Disposal,Refrigerator

Fireplace: None

Flooring: Laminate,Tile

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1950

Construction: Adobe

Roof: Composition

Accessibility Features

None

Pool Features

None

Laundry Features

Inside

Patio And Porch

Open,Patio

Fencing

Partial

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0692

Lot Size Source: Assessor

Lot Size Square Feet: 3014

Listing Price Information

Original List Price: 5,350,000

Listing Contract Date: 2023-12-11

Lease Information

Listing Agreement: Exclusive Right With Exception

Tax Information

Parcel Number: 42305303

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 699 - Not Defined

Postal Code Plus 4: 3238

Directions: W Balboa Blvd to 38th St to Marcus Ave

Source Property Type: Residential

Area: 699 - Not Defined

Property SubType: Duplex

Building and Construction

Property Age: 74

Common Walls: No Common Walls

Structure Type: Duplex

Year Built Source: Public Records

Total Square Feet Living: 2608

Entry Level: 1

Entry Location: 1

Levels or Stories: Two

Building Total Stories: 2

Structure Type: Duplex

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
601 Lido Park Drive #3A, Newport Beach, CA,92663 $22,000 2 2 1,873 --
2600 Newport Boulevard .., Newport Beach, CA,92663 $2,885,000 4 2 2,000 --
2209 Cliff Drive, Newport Beach, CA,92663 $14,995,000 5 5 6,800 7405 Sqft
2711 W Balboa Boulevard, Newport Beach, CA,92663 $3,649,000 5 4 2,474 2178 Sqft
119 Via Jucar, Newport Beach, CA,92663 $7,295,000 4 4 4,793 4840 Sqft
110 Via Trieste, Newport Beach, CA,92663 $10,995,000 5 5 5,507 6160 Sqft
5308 Seashore Drive, Newport Beach, CA,92663 $4,975,000 4 4 2,570 3200 Sqft
2316 Cliff Drive, Newport Beach, CA,92663 $8,200,000 7 6 5,500 5625 Sqft
4800 Seashore Drive, Newport Beach, CA,92663 $5,295,000 6 -- 2,900 3237 Sqft
309 Via Lido Soud, Newport Beach, CA,92663 $39,750,000 4 4 8,868 9450 Sqft

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ByOwner last updated this listing 05/06/2024 @ 16:48

MLS: LG23223268
LISTED BY: Andy Stavros, DOUGLAS ELLIMAN OF CALIFORNIA, INC.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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