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$5,750,000

Est. payment - /mo

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5 Beds

5 Baths

2,550 SqFt

Active

2516 Bayside Drive Corona Del Mar, CA 92625

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Barbara Truglio

Hunter & Maddox Real Estate

barbara.truglio@gmail.com +1(760) 809-6548

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $2,254

MLS Listing ID OC25079508

Style Detached

Bedrooms 5

Full Baths 5

Construction Status Building Permit

HOA Y/N No

Year Built 1972

Lot Size 3,540 Sqft

Acres 0.0813

Property Sub-Type Detached

Property Description

Rare Coastal Investment & Dream Build Opportunity in Corona del Mar Perched above Bayside Drive with harbor and ocean views, this rare multi-unit income property offers endless possibilities in one of Coastal Orange Countys most coveted zip codes. Zoned R2 and featuring three well-maintained units, this unique lot also comes with plans set for approval by renowned architect Chris Brandon, showcasing a future architectural masterpiece a modern coastal home with floor-to-ceiling glass, open-concept design, and a stunning rooftop deck with covered outdoor living space to soak in harbor views.Currently configured as a charming mid-century modern triplex, each unit boasts its own address:2516 & 2518 feature 2 beds, 2 baths, 1-car garages, vaulted wood-beamed ceilings, A/C, in-unit laundry, updated appliances, and expansive windows to capture the harbor views.2516 is a private studio with a covered patio, side yard, and dedicated storage ideal for guests, rental income, or a private workspace.The property sits on a special entitlement lot spaciously set back via a private drive , offering privacy, abundant parking, and a park-like atmosphere. Located just one block from picturesque Begonia Park, walking distance to the beach and famed ocean blvd , the village,Newport Harbor, Fashion Island, walking trails, and the world-class shopping and dining of Corona del Mar and Newport Beach.Whether you're an investor seeking a premium long-term asset, a buyer looking to downsize and rent additional units, or a visionary ready to build a landmark coastal residence, this is your opportun
Rare Coastal Investment & Dream Build Opportunity in Corona del Mar Perched above Bayside Drive with harbor and ocean views, this rare multi-unit income property offers endless possibilities in one of Coastal Orange Countys most coveted zip codes. Zoned R2 and featuring three well-maintained units, this unique lot also comes with plans set for approval by renowned architect Chris Brandon, showcasing a future architectural masterpiece a modern coastal home with floor-to-ceiling glass, open-concept design, and a stunning rooftop deck with covered outdoor living space to soak in harbor views.Currently configured as a charming mid-century modern triplex, each unit boasts its own address:2516 & 2518 feature 2 beds, 2 baths, 1-car garages, vaulted wood-beamed ceilings, A/C, in-unit laundry, updated appliances, and expansive windows to capture the harbor views.2516 is a private studio with a covered patio, side yard, and dedicated storage ideal for guests, rental income, or a private workspace.The property sits on a special entitlement lot spaciously set back via a private drive , offering privacy, abundant parking, and a park-like atmosphere. Located just one block from picturesque Begonia Park, walking distance to the beach and famed ocean blvd , the village,Newport Harbor, Fashion Island, walking trails, and the world-class shopping and dining of Corona del Mar and Newport Beach.Whether you're an investor seeking a premium long-term asset, a buyer looking to downsize and rent additional units, or a visionary ready to build a landmark coastal residence, this is your opportunity to own an irreplaceable piece of CDM real estate. Opportunities like this rarely come to market / Proforma on existing available.

Location

State CA

County Orange

Area Oc - Corona Del Mar (92625)

Interior

Interior Features 2 Staircases, Balcony, Beamed Ceilings, Copper Plumbing Partial, Laminate Counters, Living Room Balcony, Living Room Deck Attached, Tile Counters

Cooling Central Forced Air

Flooring Laminate

Equipment 6 Burner Stove, Gas Range

Appliance 6 Burner Stove, Gas Range

Laundry Closet Stacked, Inside

Exterior

Exterior Feature Stucco, Asphalt

Parking Features Garage, Garage - Two Door

Garage Spaces 2.0

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Ocean, Harbor, City Lights

Roof Type Composition,Asphalt,Flat

Total Parking Spaces 8

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Construction Status Building Permit

Others

Miscellaneous Value in Land,Gutters

Acceptable Financing Cash, Conventional, Exchange, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, Cash To New Loan

Special Listing Condition Standard

Listed by Leo Goldschwartz • Coldwell Banker Realty

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Barbara Truglio

Agent | License ID: 01907988

+1(760) 809-6548

2516 Bayside Drive Corona Del Mar, CA 92625

Barbara Truglio

Key Details

Location

Interior

Exterior

Building

Others

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2516 Bayside Drive