4802 Neptune Ave, Newport Beach, CA 92663
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
4802 Neptune Ave,Newport Beach, CA 92663
$4,050,000
- 6 Beds
- 4 Baths
- 2,304 sq. ft.
- Townhouse
- Active
Listed by: brendan horgan
Office: meehan estates, inc.
MLS#:LG26176637
Source:San Diego MLS via 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 wont 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 Beachs 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....
Contact an agent
Home facts
- Year built:1962
- Subdivision & Development:Balboa Peninsula (Residential) (
- Listing ID #:LG26176637
- Added:47 day(s) ago
- Updated:September 29, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Dishwasher, Disposal
- Living area:2,304 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Year built:1962
- Building area:2,304 sq. ft.
- Architectural Style:Contemporary
- Exterior Features:Brick, Concrete
- 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:Dishwasher, Disposal
Parking
- Total parking spaces:2
- Parking description:Garage, Garage - Single Door
- Garage spaces:2
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