4015 Marcus Ave, Newport Beach, CA 92663 - View 1
4015 Marcus Ave, Newport Beach, CA 92663 - View 2
4015 Marcus Ave, Newport Beach, CA 92663 - View 3
4015 Marcus Ave, Newport Beach, CA 92663 - View 4
4015 Marcus Ave, Newport Beach, CA 92663 - View 5
4015 Marcus Ave, Newport Beach, CA 92663 - View 6
4015 Marcus Ave, Newport Beach, CA 92663 - View 7

4015 Marcus Ave, Newport Beach, CA 92663

Sale Price: $4,855,000
Sep 30, 20242,608 sqft5 beds4 baths
Listed by: Andy Stavros
License #: 01408840
Phone #: 949-290-0139
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Source:
CRMLS Logo
MLS #: LG24202674

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 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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$82,695

TurboHome Estimated Value

$5,254,000

$2,015 sqft

High Valuation
$5,516,700
$2115/sqft
Normal Valuation
$5,254,000
$2015/sqft
Low Valuation
$4,991,300
$1914/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2015/sqft$5,254,000

Neighborhood

Loading map...

Comparative Value

$3.42M

$4.17M

$4.30M

$4.86M

$5.00M

$5.00M

129 45th St, Newport Beach, CA 92663

Sale Price: $3,417,000

Selected Comparable

1809 W Bay Ave, Newport Beach, CA 92663

Sale Price: $4,175,000

Selected Comparable

212 Via Koron, Newport Beach, CA 92663

Sale Price: $4,300,000

Selected Comparable

4015 Marcus Ave, Newport Beach, CA 92663

Sale Price: $4,855,000

Selected Comparable

4015 Marcus Ave, Newport Beach, CA 92663

List Price: $4,995,000

Subject Property

409 39th St, Newport Beach, CA 92663

Sale Price: $5,000,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4015 Marcus Ave, Newport Beach, CA 92663

4015 Marcus Ave, Newport Beach, CA 92663

List: $4,995,000

Listed: 9/30/2024

Area:2,608 sqft
Price/sqft:$1,915
Beds:5
Baths:4
Year Built:
Lot Size:3,014

Comparable Properties

COMPARABLE
Choose comps
4015 Marcus Ave, Newport Beach, CA 92663

4015 Marcus Ave, Newport Beach, CA 92663

Sale: $4,855,000

2/18/20250.00 mi

Area:2,608 sqft
Price/sqft:$1,862
Beds:5
Baths:4
Year Built:
Weight:23.2%
129 45th St, Newport Beach, CA 92663

129 45th St, Newport Beach, CA 92663

Sale: $3,417,000

3/20/20250.22 mi

Area:2,322 sqft
Price/sqft:$1,472
Beds:5
Baths:4
Year Built:
Weight:21.3%
1809 W Bay Ave, Newport Beach, CA 92663

1809 W Bay Ave, Newport Beach, CA 92663

Sale: $4,175,000

6/11/20250.99 mi

Area:3,078 sqft
Price/sqft:$1,356
Beds:5
Baths:4
Year Built:
Weight:19.5%
409 39th St, Newport Beach, CA 92663

409 39th St, Newport Beach, CA 92663

Sale: $5,000,000

7/9/20250.08 mi

Area:3,020 sqft
Price/sqft:$1,656
Beds:4
Baths:4
Year Built:
Weight:18.3%
212 Via Koron, Newport Beach, CA 92663

212 Via Koron, Newport Beach, CA 92663

Sale: $4,300,000

11/15/20241.11 mi

Area:3,022 sqft
Price/sqft:$1,423
Beds:5
Baths:4
Year Built:
Weight:17.8%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times