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Sold

4015 Marcus Avenue sold on February 18, 2025 for $4,855,000, 2.8% below the $4,995,000 asking price after 312 days on the market, including an earlier listing. The buyer financed the purchase. The details are below for reference.

DuplexSold · Feb 18, 2025

4015 Marcus Avenue, Newport Beach, CA 92663

  • 5 beds
  • 4 baths
  • 2,608 sq ft
  • Built 1950

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$4,855,000

MLS# LG24202674

The home

About 4015 Marcus Avenue

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.

Property details for 4015 Marcus Avenue

This 5-bedroom, 4-bath duplex sits in Newport Beach in Orange County. It has 2,608 square feet of living space. The home was built in 1950. The MLS record lists the assessor parcel number as 423-053-03. Highlights include bay views, an attached two-car garage, and central air.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
LG24202674
Year Built
1950
Living Area (sq ft)
2,608
Living Area Source
Public Records
Lot Size (sq ft)
3,014
Lot Size (acres)
0.0692
Levels
Two
Bedrooms
5
Full Baths
3
Half Baths
1
Garage Spaces
2
Parking Spaces
2
View
Bay
Parcel Number
42305303
On Market Date
2024-09-30
Listing Terms
Standard

Interior Features

Interior Features
Eat In Kitchen
Appliances
Gas Cooktop, Disposal, Refrigerator
Flooring
Laminate, Tile
Heating
Central
Cooling
Central Air
Fireplace
None
Laundry
Inside
Main Level Bedrooms
2
Main Level Bathrooms
1
Entry Level
1
Common Walls
No Common Walls
Accessibility
None

Exterior Features

Roof
Composition
Construction
Adobe
Lot Features
Street Level
Patio and Porch
Open, Patio
Fencing
Partial
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Electricity Connected, Water Connected
Units
2

Community Features

Community Features
Sidewalks

The record

Property History for 4015 Marcus Avenue

DateEventPriceNote
Feb 18, 2025 Sold $4,855,000
Dec 18, 2024 Status changed to Pending From Active Under Contract
Nov 14, 2024 Status changed to Active Under Contract From Active
Sep 30, 2024 Relisted $4,995,000
Aug 7, 2018 Sold $2,349,000 Keller Williams Realty

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 4015 Marcus Avenue

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.

Liquefaction zone

Inside a Seismic Hazard Zone for liquefaction.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.

Tsunami hazard area

Inside the Tsunami Hazard Area on the State's evacuation planning map.

California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: AT&T, up to 5,000 Mbps, at 7 of 9 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 9 of 9. Fixed wireless: Verizon, up to 300 Mbps, at 9 of 9.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590635002006, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.3 miles away (ChargePoint, 2 Level 2 ports). 114 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Next steps

Looking for something similar

4015 Marcus Avenue is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.

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Selling near 4015 Marcus Avenue

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The neighborhood

About Newport Beach

Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.

Newport Beach home sales, past 12 months

Homes sold
33
Median price
$3,750,000
Median days on market
50
Median per sq ft
$1,811

Recorded MLS closings of duplexes, Nov 3, 2025 to Nov 3, 2026. Days on market run from listing to going under contract.

Recent Newport Beach sales

AddressClosedPriceSq ftPer sq ftDays on market
210 Opal Oct 29, 2026 $3,750,000 2,024 $1,853 11
224 Amethyst Sep 29, 2026 $3,736,710 2,805 $1,332 115
3709 W Balboa Sep 14, 2026 $2,200,000 600 $3,667 47
2212 Laurel Sep 3, 2026 $3,235,000 2,000 $1,618 8
510 Avocado Aug 27, 2026 $3,720,000 3,194 $1,165 8

Schools

School District for 4015 Marcus Avenue

As listed in the MLS record. Confirm attendance boundaries with the school district.

The MLS record lists the school district as Newport Mesa Unified.

Living in Newport Beach covers its schools, parks and beaches.

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Listed by Andy Stavros of DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Listing information updated Feb 20, 2025 at 7:18 AM PT. Source: CRMLS.

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