2516 Bayside Drive new Save Request In-Person Tour Request Virtual Tour
Corona Del Mar,CA 92625
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $2,254
Subdivision Corona Del Mar South Of Pch
MLS Listing ID OC-25079508
Style Mid Century Modern
Bedrooms 5
Full Baths 5
Year Built 1972
Lot Size 3,540 Sqft
Property Sub-Type Single Family Residence
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 1/2 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 Cs - Corona Del Mar - Spyglass
Interior
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
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Inclusions NEGOTIABLE
Laundry Gas & Electric Dryer Hookup,Inside,Stackable
Exterior
Parking Features Concrete
Garage Spaces 2.0
Pool None
Community Features Biking,Curbs,Gutters,Park,Sidewalks,Street Lights
Utilities Available Sewer Connected,Water Connected,Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected
View Y/N Yes
View City Lights,Harbor,Ocean,Park/Greenbelt
Building
Lot Description Sprinklers,Front Yard,Greenbelt,Lawn,Rectangular Lot,Sprinklers Timer,Tear Down,Value In Land,Walkstreet,2-5 Units/Acre
Sewer Public Sewer
Schools
Elementary Schools Harbor View
Middle Schools Lincoln
High Schools Corona Del Mar