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 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.
Assessed Value is a combination of the land and additions.
2023
$26,931
(+3.67%)
$2,568,974
Land 2,441,142 +
Additions 127,832
2021
$25,977
(+3.1%)
$2,469,218
Land 2,346,349 +
Additions 122,869
2019
$25,196
(+980.9%)
$2,395,980
Land 2,276,755 +
Additions 119,225
2018
$2,331
(+1.76%)
$2,349,000
Land 2,232,112 +
Additions 116,888
2017
$2,291
$181,715
Land 116,409 +
Additions 65,306
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Do you have other availabilities? Add up to two additional timeframes.
Please select a valid date
Please select a valid time
Please select a valid date
Please select a valid time
How would you like to tour?
Select your preferred video platform(s).
Zoom
FaceTime
Facebook Messenger
Google Meet
WhatsApp
Other
Your health and safety are our top priority. That`s why we’ve added the option to tour properties you are interested in through a live video chat.
Additional info
Enter a valid phone number.
Any additional questions or comments?
Message (optional)
Additional Terms of Use
Before you continue, please review the VOW Terms of Use:
(a) the Registrant has received, read and understood the brochure published by the British Columbia Real Estate Association entitled "Privacy Notice and Consent";
(b) the Registrant acknowledges entering into a lawful REALTOR®/ consumer or REALTOR®/client relationship with the Member;
(c) all data obtained from the MLS® VOW is intended for and may only be used for the Registrant’s personal, non-commercial use;
(d) the Registrant has a bona fide interest in the purchase, sale or lease of real estate of the type being offered through the MLS® VOW;
(e) the Registrant will not himself, and will not permit or assist others to, directly or indirectly:
(i) copy, redistribute or retransmit any of the MLS® VOW Data or information provided;
(ii) display, post, disseminate, distribute, publish, broadcast, transfer, sell or sublicense any of the MLS® VOW Data to another person.
(iii) engage in Scraping (including "screen scraping" and "database scraping"), "data mining" or any other activity intended to collect, store, re-organize, summarize or manipulate any MLS® VOW Data or any related data;
(f) the Registrant acknowledges the Board’s ownership of, and the validity of the Board’s proprietary rights and copyright in the MLS® VOW Data, and listing information; and
(g) the Registrant expressly authorizes the Board or their duly authorized representatives, to access the MLS® VOW and Registrant’s information provided to the MLS® VOW Participant, for the purposes of verifying compliance with and pursuing enforcement of the Terms of Use and all applicable rules, regulations, bylaws, policies, and laws.
This website uses cookies to improve your experience. For more info, read our
Cookie Policy.
By clicking “Accept” or continuing to use this site, you agree to our use of cookies
Terms of Use
and
Privacy Policy.
You have access to 1 more listing!You have access to {value} more listings!
Sign up to view unlimited properties and connect with an agent.
Get connected and never miss another property
Create your free account today!
Receive timely updates on your searches
Get meaningful market data and price trends
Access the world’s largest off-market property network through your KW Agent