4802 Neptune Ave, Newport Beach, CA 92663
Local realty services provided by:CENTURY 21 Masters
4802 Neptune Ave,Newport Beach, CA 92663
$4,050,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brendan horgan
Office: meehan estates, inc.
MLS#:LG26212290
Source:MLSListings
Price summary
- Price:$4,050,000
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 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 t...
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Home facts
- Year built:1962
- Listing ID #:LG26212290
- Added:24 day(s) ago
- Updated:October 23, 2026 at 04:56 PM
Rooms and interior
- Kitchen Description:Built-in Oven/Range Combo, Dishwasher, Garbage Disposal
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air
Structure and exterior
- Year built:1962
- Lot area:0.08 Acres
- Architectural Style:Contemporary
Utilities
- Water:District - Public
Finances and disclosures
- Price:$4,050,000
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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