4015 Marcus Ave Newport Beach, CA 92663
West Newport Beach Neighborhood
5
Beds
3.5
Baths
2,608
Sq Ft
3,014
Sq Ft Lot
Highlights
- Bay View
- No HOA
- Eat-In Kitchen
- Newport Elementary School Rated A
- 2 Car Attached Garage
- 5-minute walk to 38th Street Park
About This Home
As of February 2025Welcome 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 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, you’ll experience the best of both worlds—a peaceful retreat with easy access to all Newport has to offer.
Last Agent to Sell the Property
DOUGLAS ELLIMAN OF CALIFORNIA, INC. Brokerage Phone: 949-290-0139 License #01408840
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 3,014 Sq Ft Lot
- No Common Walls
- Partially Fenced Property
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Composition Roof
- Adobe
Interior Spaces
- 2,608 Sq Ft Home
- 2-Story Property
- Living Room
- Bay Views
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Walk-in Shower
Additional Features
- Open Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 7 / 340
- Tax Tract Number 164
- Assessor Parcel Number 42305303
- $513 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $4,855,000 | -2.8% | $1,862 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | For Sale | $4,995,000 | +112.6% | $1,915 / Sq Ft |
| 08/07/2018 08/07/18 | Sold | $2,349,000 | +2.1% | $901 / Sq Ft |
| 07/28/2018 07/28/18 | Pending | -- | -- | -- |
| 07/25/2018 07/25/18 | For Sale | $2,299,900 | -- | $882 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Newport Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG24202674
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