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.
Property Details
Property Features
Property Information:
Year Built: 1950
Stories: 2
Listing Office:
Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Office Phone: (949) 290-0139
Listing Agent: Andy Stavros
Interior Features
Interior Information:
Appliances: Gas Cooktop, Gas Oven
Flooring Type: Laminate, Tile
Interior: Balcony, Open Floorplan
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Canal
View: Water
Exterior: Dock
Parking Information:
Garage Space: 2 spaces
Parking: Direct Access, Garage
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Cooling: Central Air
School Info
Assigned Schools Information:
Newport Harbor High School, Public District Grades 9-12
Horace Ensign Intermediate School, Public District Grades 7-8
Newport Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: W Balboa Blvd to 38th to Marcus Ave
Price Information
Listing Price Info
Price Summary:
List Price: $5,350,000
Tax Information:
Annual Amount: $25,977
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $1.9M more than the Median Sold Price in Newport Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #LG23224971
Listing Office:
Office Name: DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Office Phone: (949) 290-0139
Listing Agent: Andy Stavros
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 9:20:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 07, 2018
Aug 07, 2018Home Sold
$2,349,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$25,977
$2,420,802
2020
$25,727
$2,395,980
2019
$2,331
$2,349,000
2018
$2,331
$181,715
2017
$2,291
$178,152
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.35 miles
Public District Grades KG-6
Middle School
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.07 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.28 miles
Public District Grades 9-12
Assigned Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school1.35 miles
Public District Grades KG-6
Nearby Schools
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.02 miles
Public District Grades KG-6
4
/10
Whittier Elementary School
1800 Whittier Ave
Distance between this listing and this school1.45 miles
Public District Grades KG-6
Assigned Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.07 miles
Public District Grades 7-8
Nearby Schools
8
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school3.51 miles
Public District Grades 6-8
8
/10
Talbert (Samuel E.) Middle School
9101 Brabham Dr
Distance between this listing and this school4.66 miles
Public District Grades 6-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.28 miles
Public District Grades 9-12
Nearby Schools
5
/10
Estancia High School
2323 Placentia Ave
Distance between this listing and this school2.69 miles
Public District Grades 9-12
9
/10
Edison High School
21400 Magnolia St
Distance between this listing and this school3.00 miles
The neighbors living near this home have an average income of $114,706. Typical income of Newport Beach, CA residents is between $100k-200k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 4015 Marcus Ave in Newport Beach, CA and zip code 92663 in the Balboa Peninsula neighborhood. This home, which was built in 1950, sits on a 0.07 acre lot. It has been listed on Rocket Homes since December 15, 2023 and is currently priced at $5,350,000.
Newport Beach, CA housing market in April 2024 saw over 14 listings sold above listed price, more than 17 sold at listed price and over 57 sold below. The number of listings in Newport Beach, CA increased by 11.2% between March 2024 and April 2024. In April 2024 median list price was $3,356,190 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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