OPEN SUN 12PM - 3PM
$755K PRICE DROP
2516 Bayside Dr Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated payment $32,661/month
Total Views
14,261
2
Beds
3
Baths
2,550
Sq Ft
$1,959
Price per Sq Ft
Highlights
- Ocean View
- Ocean Side of Highway 1
- Midcentury Modern Architecture
- Harbor View Elementary School Rated A
- Dual Staircase
- 1-minute walk to Begonia Park
About This Home
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.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 714-719-0670 License #01704591 Listed on: 04/15/2025
Open House Schedule
-
Sunday, July 20, 202512:00 to 3:00 pm7/20/2025 12:00:00 PM +00:007/20/2025 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Year Built
- Built in 1972
Lot Details
- 3,540 Sq Ft Lot
- Northwest Facing Home
- Block Wall Fence
- Rectangular Lot
- Sprinklers on Timer
- Lawn
- Front Yard
- Density is 2-5 Units/Acre
- Value in Land
- On-Hand Building Permits
- Tear Down
Parking
- 2 Car Garage
- 6 Open Parking Spaces
- Public Parking
- Front Facing Garage
- Two Garage Doors
- Combination Of Materials Used In The Driveway
- Driveway Up Slope From Street
- Guest Parking
- On-Street Parking
Property Views
- Ocean
- Harbor
- City Lights
- Park or Greenbelt
Home Design
- Midcentury Modern Architecture
- Flat Roof Shape
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Interior Block Wall
- Composition Roof
- Asphalt Roof
- Partial Copper Plumbing
- Asphalt
- Stucco
Interior Spaces
- 2,550 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Family Room
- Living Room with Attached Deck
- Laminate Flooring
- Fire and Smoke Detector
Kitchen
- Six Burner Stove
- Gas Range
- Range Hood
- Tile Countertops
- Laminate Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- In-Law or Guest Suite
- 3 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Accessible Home Design
- Halls are 36 inches wide or more
- No Interior Steps
Outdoor Features
- Ocean Side of Highway 1
- Living Room Balcony
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Utilities
- Central Heating and Cooling System
- 220 Volts in Garage
- Natural Gas Connected
- Central Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 331
- Tax Tract Number 186
- Assessor Parcel Number 45911410
Community Details
Overview
- No Home Owners Association
- Corona Del Mar South Of Pch Subdivision
- Greenbelt
Recreation
- Park
- Bike Trail
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Rent | $4,900 | 0.0% | -- |
| 06/10/2025 06/10/25 | For Sale | $4,995,000 | -13.1% | $1,959 / Sq Ft |
| 05/07/2025 05/07/25 | Off Market | $5,750,000 | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $5,750,000 | 0.0% | $2,255 / Sq Ft |
| 01/24/2024 01/24/24 | Rented | $4,200 | 0.0% | -- |
| 01/24/2024 01/24/24 | Off Market | $4,200 | -- | -- |
| 01/22/2024 01/22/24 | For Rent | $4,200 | +17.2% | -- |
| 06/04/2019 06/04/19 | Rented | $3,585 | +1.7% | -- |
| 05/30/2019 05/30/19 | Price Changed | $3,525 | +0.7% | $3 / Sq Ft |
| 05/29/2019 05/29/19 | For Rent | $3,500 | +4.2% | -- |
| 04/25/2017 04/25/17 | Rented | $3,360 | +1.8% | -- |
| 03/24/2017 03/24/17 | For Rent | $3,300 | 0.0% | -- |
| 03/06/2017 03/06/17 | Sold | $2,050,000 | -16.3% | $858 / Sq Ft |
| 12/02/2016 12/02/16 | Price Changed | $2,450,000 | -9.3% | $1,026 / Sq Ft |
| 09/06/2016 09/06/16 | Price Changed | $2,700,000 | -6.9% | $1,131 / Sq Ft |
| 07/27/2016 07/27/16 | For Sale | $2,900,000 | -- | $1,214 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Corona Del Mar, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25083124
APN: 459-114-10
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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