$ 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 for 2516 Bayside Dr
Status
Active
Days on Site
143
Property Type
Residential
MLS ®
OC25079508
Year Built
1972
Total Square Footage
2,550
Lot/Acreage
0.08
County
Orange
Neighborhood
Corona del Mar South of PCH (CDMS)
School District
Newport Mesa Unified
Elementary School
Harbor View
Middle School
Lincoln
High School
Corona Del Mar
Interior Details
- Bedrooms: 5
- Bathrooms: 5 Full
- Appliances: 6 Burner Stove, Gas Range, Range Hood, Water Heater Central
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: 2 Staircases,Balcony,Beamed Ceilings,Block Walls,Ceiling Fan(s),Copper Plumbing Partial,High Ceilings,In-Law Floorplan,Laminate Counters,Living Room Balcony,Living Room Deck Attached,Tile Counters
- 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: Storage,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway - Combination,Concrete,Paved,Driveway Up Slope From Street,Garage,Garage Faces Front,Garage - Two Door,Guest,Private,Public,Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 45911410
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2516 Bayside Dr Corona del Mar, CA 92625
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