Listing by: Andy Stavros, DOUGLAS ELLIMAN OF CALIFORNIA, INC., 949-290-0139

5 Beds

4 Baths

2,608 SqFt

Active

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.

Property Details
Price $5,350,000
Bedrooms 5
Full Baths 3
Half Baths 1
Total Baths 4
Lot Size Area 3014
Lot Size Area Units Square Feet
Acres 0.0692
Property Type Residential
Sub type Duplex
MLS Sub type Duplex
Stories 2
Year Built 1950
View Bay
Roof Composition
Heating Central
Accessibility None
Lot Description Level with Street
Laundry Features Inside
Pool features None
Parking Spaces 2
Garage spaces 2
Association Fee 0
Geographic Data
Directions W Balboa Blvd to 38th St to Marcus Ave
County Orange
Latitude 33.619979
Longitude -117.93526
Market Area 699 - Not Defined
Address Information
Address 4015 Marcus Avenue, Newport Beach, CA 92663
Postal Code 92663
City Newport Beach
State CA
Country United States
Listing Information
Listing Office DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Listing Agent Andy Stavros
Listing Agent Phone 949-290-0139
Buyer Agency Compensation 2.000
Attribution Contact 949-290-0139
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://tours.previewfirst.com/ml/135529
School Information
District Newport Mesa Unified
MLS Information
Days on market 93
MLS Status Active
Listing Date Dec 12, 2023
Listing Last Modified Jan 12, 2024
Tax ID 42305303
MLS Area 699 - Not Defined
MLS # LG23223268

This information is believed to be accurate, but without any warranty.
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