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Offered For Sale

4015 Marcus Avenue

#LG23224971

MLF

Built in 1950

$5,350,000

About the property

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. Contact Broker regarding rental potential and rental history.

Features

General

  • Accessibility None
  • Half Bathrooms 0
  • Real Estate Sub Type Duplex
  • Real Estate Type MLF
  • Square Feet 2,608
  • Stories 2
  • Year Built 1,950
  • Agent Name Andy Stavros
  • Broker Id LTPR
  • Office Name DOUGLAS ELLIMAN OF CALIFORNIA
    INC.
  • Days On Market 90
  • Status Active
  • Agent Cell 949-290-0139

Building

  • Construction Stucco
  • Cooling Central Air
  • Exterior Features Dock Private
  • Flooring Laminate
    Tile
  • Foundation Slab
  • Interior Features Balcony
    Open Floorplan
  • Roof Composition

Location

  • View Water

Location

Questions

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