MidCenturyModern

2516 Bayside Drive

Corona Del Mar , CA 92625

MLS#: OC25079508

$4,995,000

Status: Active
Listing number: OC25079508
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 6 days ago
On site: 3 months ago
Browse Properties
Corona del Mar South of PCH (CDMS) - Residential

Property

Beds

5

Full Baths

5

1/2 Baths

None

Year Built

1972

Sq.Footage

2,550

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.

Features & Amenities

Interior

  • Other Interior Features

    Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Laminate Counters, Tile Counters

  • Total Bedrooms

    5

  • Bathrooms

    5

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Main Level Bedrooms

    1

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Asphalt, Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Attached, Concrete, Driveway, Garage Faces Front, Garage, Guest, Paved, Private, On Street

  • Patio and Porch Features

    Deck, Front Porch, Patio, Terrace

  • Pool

    Yes

  • Pool Features

    None

  • View

    City Lights, Park/Greenbelt, Harbor, Ocean

Area & Lot

  • Lot Features

    Front Yard, Greenbelt, Rectangular Lot

  • Lot Size(acres)

    0.0813

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    MidCenturyModern

Price

  • Sales Price

    $4,995,000

  • Sq. Footage

    2, 550

  • Price/SqFt

    $1,958

HOA

  • Association

    NO

School District

  • Elementary School

    Harbor View

  • Middle School

    Lincoln

  • High School

    Corona Del Mar

Property Features

  • Stories

    2

  • Accessibility Features

    Accessible Hallway(s)

  • Foundation Details

    Raised, Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Orange

Elementary School

Harbor View

Middle School

Lincoln

High School

Corona Del Mar

Listing Courtesy of Leo Goldschwartz , Coldwell Banker Realty

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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.

2516 Bayside Drive

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