4015 Marcus Avenue, Newport Beach, CA 92663

$4,995,000
5
BD
4
BA
2,608
SqFt
List Price
$4,995,000
Status
ACTIVE
MLS#
LG24116457
Year Built
1950
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,608
Lot Size
3,014
Acres
0.07
Lot Location
Street Level
Days on Market
6
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
Two Levels

Property Description

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.

Additional Information

Appliances
Gas Cooktop, Disposal, Refrigerator
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Bay
Exterior Construction
Adobe
Patio
Open, Patio
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Andy Stavros (andy.stavros@elliman.com) from Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC..

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.