$5,350,000

4015 Marcus Avenue, Newport Beach 92663

5

Beds

3

Baths

3,014

Lot Size

2

# Of Units

Listing Agent
Andy Stavros - DOUGLAS ELLIMAN OF CALIFORNIA, INC.

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.

Facts & Features

MLS® # LG23224971
Price $5,350,000
Bedrooms 5
Bathrooms 3.00
Lot Size 3,014
Year Built 1950
Type Residential Income
Sub-Type Duplex
Status Active
# Of Units 2

Community Information

Address 4015 Marcus Avenue
Area 699 - Not Defined
City Newport Beach
County Orange
Zip Code 92663

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Parking Spaces 2
Parking Direct Access, Garage
# of Garages 2
Garages Direct Access, Garage
View Water
Is Waterfront No
Waterfront Canal Front
Has Pool No
Pool None

Interior

Interior Laminate, Tile
Interior Features Balcony, Open Floorplan
Appliances Gas Cooktop, Gas Oven
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

Exterior Stucco
Exterior Features Dock
Lot Description Street Level
Windows Bay Window(s)
Roof Composition
Construction Stucco
Foundation Slab

Additional Information

Date Listed December 12th, 2023
Days on Market 146
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAndy Stavros
OfficeDOUGLAS ELLIMAN OF CALIFORNIA, INC.

Listing Map

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