$3,999,800
7Beds5Baths2,371SqFt
1320 W Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
4802 Neptune Ave, Newport Beach, CA 92663
- 6 beds
- 4 baths
- 2,304 sq ft
- Built 1962
$4,050,000
Est. $26,775/mo with 20% down, 30-year fixed
$1,758 a sq ft against a $2,554 Balboa Peninsula (Residential) median. Ask how it comparesSubdivision Balboa Peninsula (Residential)
6 duplexes sold in the past 12 months · median $5,475,000
This property is also on the market under MLS LG26212290 (Residential Income).
The home
About 4802 Neptune Ave
**Investment Property Opportunity with Value-Added Potential**
This property is currently appraised at $4,050,000 (MAI Appraisal). As a short-term rental, the estimated value increases to $4,555,000. Additionally, the large lot has the potential for constructing an Accessory Dwelling Unit (ADU) in the back, which could push the total value of the property to well over $6,000,000. You won’t find other properties on the Peninsula that offer this type of opportunity.
This rare investment is just steps from the beach, located in one of Newport Beach’s most desirable coastal communities. It features a two-car garage and offers peak ocean views from the balcony. The property is conveniently situated just a quick drive from all that Orange County has to offer, including:
- Pelican Hill Golf and Resort (10 minutes)
- John Wayne Airport (10 minutes)
- Angel Stadium & Honda Center (15 minutes)
- Disneyland (20 minutes)
- Knotts Berry Farm (20 minutes)
- Laguna Beach (15 minutes)
- Huntington Beach Pier (5 minutes)
- Newport Harbor Fun Zone (3 minutes)
- Fashion Island (5 minutes)
- Segerstrom Hall & South Coast Plaza (15 minutes)
Furthermore, this property presents an excellent opportunity for use as a primary residence. The upstairs can serve as a living space while the lower unit can be rented out as an income-producing property.
Both units are currently rented on a month-to-month basis. Please contact the agent for showings.
Property details for 4802 Neptune Ave
This 6-bedroom, 4-bath duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,304 square feet of living space and is listed at $4,050,000, about $1,758 per square foot. The home was built in 1962. The MLS record lists the assessor parcel number as 424-463-11. Highlights include peek-a-boo ocean views, an attached two-car garage, central air, a turnkey home, and contemporary architecture.
Photographs
Photos of 4802 Neptune Ave, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- LG26176637
- Year Built
- 1962
- Living Area (sq ft)
- 2,304
- Living Area Source
- Appraiser
- Lot Size (sq ft)
- 3,358
- Lot Size (acres)
- 0.0771
- Levels
- Two
- Bedrooms
- 6
- Full Baths
- 4
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Ocean, Peek A Boo
- Parcel Number
- 42446311
- On Market Date
- 2026-08-12
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony, Block Walls, Ceiling Fans, Granite Counters, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Entrance Foyer
- Appliances
- Built In Range, Dishwasher, Disposal
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Inside
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- One Common Wall
- Windows
- Blinds, Bay Windows
- Doors
- French Doors
- Rooms
- Foyer, Family Room
Exterior Features
- Architectural Style
- Contemporary
- Lot Features
- Two To Five Units Acre
- Patio and Porch
- Brick, Concrete
- Parking
- Door Single, Driveway, Garage Faces Front, Garage
- Fencing
- Block, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Condition
- Turnkey
- Units
- 2
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Street Lights, Suburban, Water Sports
The record
Property History for 4802 Neptune Ave
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 12, 2026 | Listed for sale | $4,050,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 4802 Neptune Ave
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 06059C0377K 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 16 of 16 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 16 of 16. Fixed wireless: T-Mobile, up to 100 Mbps, at 2 of 16.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590635006045, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.4 miles away (Blink, 4 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
Cost of ownership
Estimated monthly payment
7.18% · 30-yr fixed$
$31,037/mo
10% down · 30-year fixed · $405,000 down
Principal & interest$24,692
Mortgage insurance (est., over 80% LTV)$1,519
Property tax (est. 1.08%)$3,645
Home insurance (rough est., varies widely)$1,181
HOANot reported, not included
$26,775/mo
20% down · 30-year fixed · $810,000 down
Principal & interest$21,949
Property tax (est. 1.08%)$3,645
Home insurance (rough est., varies widely)$1,181
HOANot reported, not included
$24,031/mo
30% down · 30-year fixed · $1,215,000 down
Principal & interest$19,205
Property tax (est. 1.08%)$3,645
Home insurance (rough est., varies widely)$1,181
HOANot reported, not included
Estimated carrying cost
$4,826/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$3,645
Home insurance (rough est., varies widely)$1,181
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.18% (week of Nov 5, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 4802 Neptune Ave
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Selling near 4802 Neptune Ave
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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.
Balboa Peninsula (Residential) home sales, past 12 months
- Homes sold
- 6
- Median price
- $5,475,000
- Median days on market
- 19
- Median per sq ft
- $2,554
Recorded MLS closings of duplexes, Nov 2, 2025 to Nov 2, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Balboa Peninsula (Residential) sales
At $1,758 per square foot, this home's asking price is 31% below the Balboa Peninsula (Residential) median of $2,554 for duplexes that closed in the past 12 months.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 5901 Seashore Drive | Jul 31, 2026 | $9,500,000 | 3,185 | $2,983 | 40 |
| 213 33rd Street | May 28, 2026 | $2,616,000 | 1,451 | $1,803 | 7 |
| 1204 E Balboa Boulevard | Feb 5, 2026 | $6,600,000 | 2,516 | $2,623 | 183 |
| 4103 Seashore | Jan 8, 2026 | $9,200,000 | 2,724 | $3,377 | 31 |
| 4208 River | Dec 16, 2025 | $4,350,000 | 1,750 | $2,486 | 6 |
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 4802 Neptune Ave
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.
Location
Location
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Listed by Brendan Horgan of MEEHAN ESTATES, INC.
Listing information updated Oct 29, 2026 at 9:57 AM PT. Source: CRMLS.
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. The 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, the 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.