2516 BAYSIDE DRIVE, CORONA DEL MAR CA 92625

  • 5 beds
  • 5.00 baths
  • 2,550 sq.ft.
  • 3,540 sq.ft. lot
offered at $4,995,000
MLS#:OC25079508
Status: Active // Property Type: Single Family Residence
Project/Tract: Corona del Mar South of PCH (CDMS) // County: Orange // Year Built: 1972

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 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 Courtesy of Leo Goldschwartz, Coldwell Banker Realty

Interior Features

Interior Features: 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 // Heating: Central

Exterior Features

Exterior Features: Biking, Curbs, Gutters, Park, Sidewalks, Street Lights // Roof: Asphalt, Composition, Flat // Fence: Block
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj
  • christina boladian
    Realtor |
    CalBRE# 01948459
    • cell 714.501.8585
    • office 714.482.6362
    email Christina

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