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Key Details
Sold Price $4,855,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $1,861
MLS Listing ID LG24202674
Sold Date 02/18/25
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1950
Property Sub-Type Townhome
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 propertys 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, youll experience the best of both worldsa peaceful retreat with easy access to all Newport has to
Location
State CA
County Orange
Direction W Balboa Blvd to 38th St to Marcus Ave
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Flooring Laminate, Tile
Fireplace No
Appliance Disposal, Refrigerator, Gas Stove
Exterior
Garage Spaces 2.0
Fence Partial
Utilities Available Electricity Connected, Water Connected
View Y/N Yes
Water Access Desc Public
View Bay
Roof Type Composition
Accessibility None
Porch Patio Open
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 42305303
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with Dominic Tucci Pacific Sotheby's Int'l Realty
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