4802 Neptune Ave, Newport Beach, CA 92663

Newport Beach
Local realty services provided by:ERA North Orange County Real Estate
4802 Neptune Ave,Newport Beach, CA 92663
$4,050,000
  • - Beds
  • 4 Baths
  • 2,304 sq. ft.
  • Multi-family
  • Active
Listed by: brendan horgan
Office: meehan estates, inc.949-715-8181
MLS#:LG26212290
Source:CRMLS

Price summary

  • Price:$4,050,000
  • Price per sq. ft.:$1,757.81

About this home

**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...

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Home facts

  • Year built:1962
  • Subdivision & Development:Balboa Peninsula (Residential) (BALP)
  • Listing ID #:LG26212290
  • Added:58 day(s) ago
  • Updated:October 10, 2026 at 10:45 AM

Rooms and interior

  • Total bathrooms:4
  • Kitchen Description:Built In Range, Dishwasher, Disposal
  • Living area:2,304 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1962
  • Building area:2,304 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Contemporary
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,050,000
  • Price per sq. ft.:$1,757.81

Features and amenities

  • Appliances:Built In Range, Dishwasher, Disposal
  • Laundry features:Inside
  • Amenities:Balcony, Block Walls, Ceiling Fans, Foyer Entrance, Granite Counters, Living Room Deck Attached, Open Floor Plan, Recessed Lighting

Parking

  • Total parking spaces:2
  • Parking description:Door-Single, Driveway, Garage, Garage Faces Front
  • Garage:Yes
  • Garage spaces:2
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