Thank you
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
949-270-0440
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.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1052414379 | 3 | 5 | 3 | 0 |
Water Source : Public
Sewer : Public Sewer
Roof : Composition
Exterior Property Features : Dock
Interior Features: Balcony,Open Floorplan
Windows: Bay Window(s)
Property Appliances: Gas Cooktop,Gas Oven
Fireplace: None
Flooring: Laminate,Tile
Central Air
Air Conditioning
Fireplace Features: None
Has Fireplace: 0
Year Built: 1950
Building Area Total: 2,608
Construction: Stucco
Roof: Composition
Dock
Slab
None
None
Inside
Partial
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0692
Lot Size Source: Assessor
Lot Size Square Feet: 3014
Original List Price: 5,350,000
Listing Contract Date: 2023-12-12
Listing Agreement: Exclusive Right To Sell
Parcel Number: 42305303
Garage Description: Direct Access,Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 3238
Directions: W Balboa Blvd to 38th to Marcus Ave
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Duplex
Property Age: 74
Common Walls: 1 Common Wall
Property Condition: Updated/Remodeled
Structure Type: Duplex
Year Built Source: Public Records
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
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 @ 09:26
MLS: LG23224971
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.