4015 Marcus Ave, Newport Beach, CA 92663
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4015 Marcus Ave Newport Beach, CA 92663

$5,350,000
  • 5 Beds
  • 3.5 Baths
  • 2,608 Sq.Ft.
For Sale
$5,350,000 Get Pre-Qualified

Map preview of 4015 Marcus Ave, Newport Beach, CA 92663

Property Overview: 4015 Marcus Ave Newport Beach, CA has 5 bedrooms, 3.5 bathrooms, 2,608 living square feet and 3,014 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Andy Stavros | BRE #01408840 | DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Last checked: 12 minutes ago | Last updated: January 19th, 2024 | Source CRMLS | DOM: 112
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Home details

Lot Sq. Ft
3,014
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
LG23223268
City
Newport Beach
County
Orange
Time on Site
137 days

Open Houses for 4015 Marcus Ave

No upcoming open houses

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Property Details for 4015 Marcus Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 3
  • Eating Area: In Kitchen
  • Flooring: Laminate, Tile
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Cooktop, Refrigerator
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Partial
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio Open
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 42305303
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Directions: W Balboa Blvd to 38th St to Marcus Ave
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 4015 Marcus Ave

Last sold on February 27th, 2019
  • December, 2023

  • Dec 12, 2023

    Date

    Active

    CRMLS: LG23223268

    $5,350,000

    Price

  • February, 2019

  • Feb 27, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2018

  • Aug 7, 2018

    Date

    Sold

    CRMLS: PW18178561

    $2,349,000

    Price

  • Jul 28, 2018

    Date

    Pending

    CRMLS: PW18178561

    $2,299,900

    Price

  • Jul 26, 2018

    Date

    Active

    CRMLS: PW18178561

    $2,299,900

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in over 40 years! This Newport Island duplex with boat dock offers: 5 bedrooms, 3.5 bathrooms, approximately 2,608 sq. ft. (not counting the sun room) and two car attached garage. Lower level has 2 bedrooms, 1.5 bathrooms, living room, eating area, kitchen plus enjoy the Newport lifestyle and entertain on your private patio overlooking the canal with ocean breezes. Upper level has 3 bedrooms, 2 bathrooms, kitchen, eating area, living room, bonus room and sun room. Laundry room is available to both units. Each level can be accessed separately. Walking distance to Newport Island Park and 38th Street Park. Enjoy strolls on the beach. Come see how you can add your personal remodeling touch and make this your dream property today!

  • August, 2018

  • Aug 7, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,349,000

    Price

Show More

Tax History for 4015 Marcus Ave

Assessed Value (2020): $2,325,117
Year Land Value Improved Value Assessed Value
2020 $2,232,112 $93,005 $2,325,117

Home Value Compared to the Market

This property vs the competition

4015 Marcus Ave is listed 24.56% higher than the median list price for the city of Newport Beach which has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $2051.38 per/sqft which puts the price per square foot 36.21% higher than the median price per square foot for the city of Newport Beach.

About 4015 Marcus Ave

Detailed summary of property

4015 Marcus Ave is a duplex located in Newport Beach, CA 92663 and is currently for sale. This duplex offers 5 bedrooms, 3.5 bathrooms, roughly 2,608 living square feet, and sits on an approximately 3,014 square foot lot. 4015 Marcus Ave was first listed on ArdentRealEstateGroup.com on December 12, 2023. The homeowner is currently asking $5,350,000. The median priced home in Newport Beach is $4,295,000 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 24.56% higher than the median priced home. Local competing homes currently for sale include 124 Turquoise Ave, 1012 & 1018 Mission Dr and 246 Fairview St. While the average home in Newport Beach, CA is selling in 72 days, 4015 Marcus Ave has a days on market of 112 days. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 4015 Marcus Ave Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 4015 Marcus Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
3,012
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
423-053-03

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,195,000
Median List Price/Sq.Ft.
$1,501
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
86
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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Related Resources to 4015 Marcus Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.