USACANewport BeachBalboa Peninsula (Residential) (Balp)4802 Neptune Ave
Listing image | Image 1

4802 Neptune Ave, Newport Beach, CA

House

For Sale

Listed price in listed location currency (USD).
$4,050,000

642

MLS® LG26176637

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 2304 sqft
Garage Yes
Taxes 
Days Active 61
Lot Size 0.0771 Acres
Approx. Age 1962
Avg. Price Per Sqft $1,757
MLS® Number LG26176637

Property Address: 4802 Neptune Ave, Newport Beach, CA, 92663-2466

Average square foot calculated using Size range provided by listing agent.

Description

**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 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.
MLS® NumberLG26176637
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1962
Basement
DrivewayDoor Single, Driveway, Garage Faces Front, Garage
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 12, 2026List Date
$4,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
4802 Neptune Ave, Newport Beach, CA

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