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Listed by: Brendan Horgan (949) 510-6162 DRE #01919910 | MEEHAN ESTATES, INC. (949) 715-8181
$4,050,000
6 Beds
- 4 Baths
4 full baths
2,304sqft
4802 Neptune Ave, Newport Beach, CA 92663
$4,050,000
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Duplex
Built in 1962
$-- HOA
3,358 sqft lot
$1,758/sq.ft
Description
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.
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Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
2,304 sqft
Lot Size
3,358 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
LG26176637
MLS Status
Active
Days on Market
11
Cumulative Days on Market
7
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