4015 Marcus AVE Pending

Newport Beach,CA 92663

$ 4995000

5 Beds

3.5 Baths

2608 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,608 sqft

Price per Sqft $1,915

MLS Listing ID CRLG24202674

Bedrooms 5

Full Baths 3

Half Baths 1

Originating Board California Regional MLS

Year Built 1950

Lot Size 3,014 Sqft

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 property's value and making it truly one-of-a-kind. The serene waters of Newport Harbor are ideal for paddle boarding and other water activi

Location

State CA

County Orange

Area 699 - Not Defined

Rooms

Dining Room In Kitchen

Kitchen Garbage Disposal,Other,Refrigerator

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Fireplaces Type None

Laundry Other

Exterior

Garage Spaces 2.0

Fence Partial Fencing

Pool 31,None

View Bay

Roof Type Composition

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 42305303

Special Listing Condition Not Applicable

View More
Favorite Go Tour