NOT LISTED FOR SALE

Estimated Value: $2,570,000 - $2,984,000

2 Beds
2 Baths
1,118 Sq Ft
$2,524/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $2,415,000 $2,160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,970/month

31 Days on Market

Highlights

  • Beach Access
  • Guest House
  • Cottage
  • Harbor View Elementary School Rated A
  • In Ground Pool
  • Eat-In Kitchen

About This Home

As of December 2024

This rare development opportunity in the coveted Corona Highlands community of Corona Del Mar offers incredible potential for transformation. Situated on a 6,000 sqft R-2 lot, the 2-bedroom, 2-bathroom home also includes a Pool House/ADU, perfect for hosting guests, housing extended family, or earning rental income. The private pool offers a tranquil retreat for both relaxation and entertaining. With exclusive gated access to a private beach through the Shorecliffs community and nearby Corona Del Mar Village, 5-star Pelican Hill Resort, and upscale shopping and dining at Crystal Cove and Fashion Island, this property's location is truly exceptional! Whether you’re looking to restore, reside, or invest, this property offers unlimited possibilities for entering this prime neighborhood.

Last Agent to Sell the Property

Kory Kaghazi

Beach City Brokers Brokerage Phone: 3109086620 License #02000002 Listed on: 10/04/2024

Beach City Brokers

Last Buyer's Agent

Mike Lolo

Hanu Reddy Realty License #01272003

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,000 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Cottage
  • Entry on the 1st floor
  • Fixer Upper
  • Brick Exterior Construction
  • Raised Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Gas Heated Pool

Outdoor Features

  • Beach Access
  • Patio

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Additional Features

  • Guest House
  • Central Heating

Community Details

  • Corona Highlands Property Owners Association
  • Corona Highlands Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1237
  • Assessor Parcel Number 45916317
  • $380 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

6,000 Sq Ft Lot

HOA Fees

$17 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Corona Highlands (CORH)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45916317
  • Year Built: 1951
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1118.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2160.11
  • Room Type: All Bedrooms Down
  • Window Features: Blinds
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Guest House
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Features: Private, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Other
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Annually
  • Association Name: Corona Highlands Property Owners Association
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Corona Highlands Property Owners Association

Schools

  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 8
  • Tax Tract Number: 1237
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 11, 2024
Sold by
Mary Alys Gilchrist Revocable Trust and Gaona Carol
Bought by
Lolo Family Trust and Lolo
Seller's Agent
Kory Kaghazi
Beach City Brokers
Buyer's Agent
Mike Lolo
Hanu Reddy Realty
List Price
$2,699,000
Sold Price
$2,415,000
Premium/Discount to List
-$284,000
-10.52%
Views
58
Current Estimated Value
$2,821,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,646
Avg. Annual Appreciation
14.10%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Alys Gilchrist Mary
Bought by
Gilchrist Mary Alys and Mary Alys Gilchrist Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lolo Family Trust $2,415,000 First American Title
Gilchrist Mary Alys -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $2,415,000 -10.5% $2,160 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $2,699,000 0.0% $2,414 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $2,699,000 +11.8% $2,414 / Sq Ft
10/23/2024 10/23/24 Off Market $2,415,000 -- --
10/04/2024 10/04/24 For Sale $2,699,000 -- $2,414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,516 $2,415,000 $2,315,353 $99,647
2024 $5,516 $493,828 $396,254 $97,574
2023 $5,382 $484,146 $388,485 $95,661
2022 $5,287 $474,653 $380,867 $93,786
2021 $5,187 $465,347 $373,399 $91,948
2020 $5,136 $460,576 $369,570 $91,006
2019 $5,034 $451,546 $362,324 $89,222
2018 $4,934 $442,693 $355,220 $87,473
2017 $4,847 $434,013 $348,255 $85,758
2016 $4,740 $425,503 $341,426 $84,077
2015 $4,692 $419,112 $336,297 $82,815
2014 $4,581 $410,903 $329,710 $81,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24206554

California Regional Multiple Listing Service (CRMLS)

APN: 459-163-17

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