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$4,995,000

Est. payment - /mo

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5 BD

4 BA

2,608 SqFt

Active

4015 Marcus Avenue Newport Beach, CA 92663

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

10/20/2024 12:22 PM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,608 sqft

Price per Sqft $1,915

MLS Listing ID LG24202674

Style Townhome

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1950

Lot Size 3,014 Sqft

Acres 0.0692

Property Description

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 propertys 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, youll experience the best of both worldsa peaceful retreat with easy access to all Newport has to
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 propertys 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, youll experience the best of both worldsa peaceful retreat with easy access to all Newport has to offer.

Location

State CA

County Orange

Area Oc - Newport Beach (92663)

Interior

Cooling Central Forced Air

Flooring Laminate, Tile

Equipment Disposal, Refrigerator, Gas Stove

Appliance Disposal, Refrigerator, Gas Stove

Laundry Inside

Exterior

Exterior Feature Adobe

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Connected, Water Connected

View Bay

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $42

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Andy Stavros • DOUGLAS ELLIMAN OF CALIFORNIA, INC.

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

4015 Marcus Avenue Newport Beach, CA 92663

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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4015 Marcus Avenue