$4,995,000
For Sale

4015 Marcus Avenue

Newport Beach, CA 92663
2608 sqft | 5 beds | 3.5 baths | 0.07 acres | #LG24116457
Listing OfficeDOUGLAS ELLIMAN OF CALIFORNIA, INC.
Browse 31 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

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.

  • Interior Details
      • Bathrooms3.5
      • Bedrooms5
      • Full Baths3
      • Half Baths1
  • Property Details
      • Lot DescriptionStreetLevel
      • ViewBay
      • Stories2
    • Measurements
      • Acres0.0692
      • Square Feet2608
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictNewport Mesa Unified
      • CountyOrange
  • Financial Details
      • Original List Price$4,995,000
  • Other
      • MLS #LG24116457

Location

Pam and Carson Real EstateReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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