Home | Orange County | Newport Beach | 92663 | 4802 Neptune Ave
MLS: CRLG26176637 | Status: Active | Price: $4,050,000
Beds/Baths: 6 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 6 | 4 | 2,304 | 3,358 | 1962 |
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
| Field | Value |
|---|---|
| MLS # | CRLG26176637 |
| MLS Source | California Regional MLS |
| Days on Site | 32 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Garbage Disposal, Other, Oven Range - Built-In |
| Family Room | Other |
| Fireplace | None |
| Laundry | Other |
| Cooling | Ceiling Fan, Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Style | Contemporary |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Other, Garage: 2 Car(s) |
| Elementary District | Newport-Mesa Unified |
| High School District | Newport-Mesa Unified |
| HOA Fee | $0 |
Brendan Horgan
MEEHAN ESTATES, INC.
License #: 01919910
Phone: (949) 510-6162
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1320 W Balboa Bld | $3,999,800 | 7 | 5 | 2,371 | Active |
| 4704 Seashore Dr | $4,800,000 | 6 | 3 | 2,890 | Active |
| 1527 W Balboa | $3,995,000 | 5 | 3 | 2,000 | Active |
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This listing information is up-to-date as of August 31, 2026. For the most current information, please contact Brendan Horgan, (949) 510-6162.