2516 Bayside Drive, Corona Del Mar, CA 92625 - MLS#OC25079508

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Gloria Shepard

gloria@gshepardhomes.com +1(619) 889-8498

$ 4,995,000

Est. payment | -/mo

5 Beds

5 Baths

2,550 SqFt

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$ 4,995,000

Est. payment | -/mo

Save

5 Beds

5 Baths

2,550 SqFt

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 $1,958

Subdivision Corona Del Mar South Of Pch (Cdm

MLS Listing ID OC25079508

Bedrooms 5

Full Baths 5

Year Built 1972

Lot Size 3,540 Sqft

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

Location

State CA

County Orange

Direction CARNATION TO BAYSIDE SOUTH.

Interior

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

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate

Fireplace No

Appliance 6 Burner Stove, Gas Range

Laundry Gas & Electric Dryer HU

Exterior

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 Y/N Yes

Water Access Desc Public

View Ocean, Harbor, City Lights

Roof Type Composition,Asphalt,Flat

Accessibility No Interior Steps, 36 Inch+ Wide Halls

Porch Deck, Slab, Patio, Patio Open, Terrace, Wood

Total Parking Spaces 8

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 45911410

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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Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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2516 Bayside Drive Corona Del Mar, CA 92625

Gloria Shepard

Key Details

Location

Interior

Exterior

Building

Others

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2516 Bayside Drive