4802 Neptune Ave, Newport Beach, CA 92663
Local realty services provided by:ERA North Orange County Real Estate
4802 Neptune Ave,Newport Beach, CA 92663
$4,050,000
- 6 Beds
- 4 Baths
- 2,304 sq. ft.
- Multi-family
- Active
Listed by: brendan horgan
Office: meehan estates, inc.
MLS#:LG26176637
Source:MLSListings
Price summary
- Price:$4,050,000
- Price per sq. ft.:$1,757.81
About this home
This is a rare investment opportunity just steps from the beach and surf in one of Newport Beach’s most desirable coastal communities. An appraisal conducted on June 19, 2026, valued the property at $4,050,000. The appraisal was performed by a Certified Member of the Appraisal Institute (MAI) and utilized all three approaches to value. This property is one of the few oversized lots in the area, offering significant potential for value enhancement. The backyard has ample space to add an additional accessory dwelling unit (ADU). Another option is to redevelop the site to build several new units, both of which could effectively maximize the potential of this large lot. Furthermore, the property presents an excellent opportunity for use as a primary residence. The upstairs can be used as a primary living space while renting out the lower unit as an income-producing property. Each of these options offers considerable value addition, whichever route you choose to pursue. These property features will allow for an effective and stable exit strategy in the future. Additionally, the home features a two-car attached garage and offers a peak ocean view from the patio. Conveniently located one street back from the beach, it is just a leisurely walk to Marina Village, fine dining, sho...
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Home facts
- Year built:1962
- Listing ID #:LG26176637
- Added:1 day(s) ago
- Updated:August 14, 2026 at 12:07 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Built-in Oven/Range Combo, Dishwasher, Garbage Disposal
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air
Structure and exterior
- Year built:1962
- Building area:2,304 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Contemporary
- Exterior Features:Patio
Utilities
- Water:District - Public
Finances and disclosures
- Price:$4,050,000
- Price per sq. ft.:$1,757.81
Features and amenities
- Amenities:Balcony or Patio, Bay Window(s), Ceiling Fan(s), Window Covering(s)
Parking
- Parking description:Garage, Other
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