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Nicole Van Parys & Gary Nesen

nicole.vanparys@engelvoelkers.com +1(805) 795-1880

Listed by Leo Goldschwartz • Coldwell Banker Realty

$ 5,750,000

Est. payment -/mo

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2516 Bayside Drive Corona Del Mar, CA 92625

5 Beds

5 Baths

2,550 SqFt

UPDATED:

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

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

Nicole Van Parys & Gary Nesen

2516 Bayside Drive Corona Del Mar, CA 92625

Key Details

Location

Interior

Exterior

Building

Schools

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2516 Bayside Drive