$ 4,995,000
-
$4,995,000
Price -
5
Bed -
5
Bath -
2,550
SqFt
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About the Listing I939 - SGOLDLEO
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 County’s 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 ½ 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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 5 Full
- Appliances: 6 Burner Stove, Gas Range, Range Hood, Water Heater
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Beamed Ceilings,Breakfast Bar,Balcony,Breakfast Area,Block Walls,Ceiling Fan(s),High Ceilings,In-Law Floorplan,Laminate Counters,Living Room Deck Attached,Multiple Staircases,Tile Counters,All Bedrooms Up
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,Front Yard,Greenbelt,Lawn,Rectangular Lot,Sprinklers Timer,Tear Down,Value In Land,Walkstreet,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 8
- Roof: Asphalt,Composition,Flat
- Others: Building Permit,Asphalt,Drywall,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Concrete,Door-Multi,Driveway,Driveway Up Slope From Street,Garage Faces Front,Garage,Guest,Paved,Public,Private,On Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 45911410
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2516 Bayside Dr Corona Del Mar, CA 92625
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