2516 Bayside Drive, Corona Del Mar, CA 92625

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Tracy Baker

tracy@tracybbaker.com +1(619) 507-4230

$ 4,995,000

Est. payment | -/mo

5 Beds

5 Baths

2,550 SqFt

Save

$ 4,995,000

Est. payment | -/mo

Save

5 Beds

5 Baths

2,550 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $1,958

Subdivision Corona Del Mar South Of Pch (Cdm

MLS Listing ID OC25079508

Bedrooms 5

Full Baths 5

Year Built 1972

Property Sub-Type Detached

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 Countys 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 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 opportun

Location

State CA

County Orange

Direction CARNATION TO BAYSIDE SOUTH.

Interior

Interior Features 2 Staircases, Balcony, Beamed Ceilings, Copper Plumbing Partial, Laminate Counters, Living Room Balcony, Living Room Deck Attached, Tile Counters

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate

Fireplace No

Appliance 6 Burner Stove, Gas Range

Laundry Gas & Electric Dryer HU

Exterior

Parking Features Garage, Garage - Two Door

Garage Spaces 2.0

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Ocean, Harbor, City Lights

Roof Type Asphalt,Composition,Flat

Accessibility 36 Inch+ Wide Halls, No Interior Steps

Porch Deck, Patio, Patio Open, Slab, Terrace, Wood

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 45911410

Special Listing Condition Standard

Listed by Leo Goldschwartz Coldwell Banker Realty

+1(619) 507-4230

tracy@tracybbaker.com

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2516 Bayside Drive Corona Del Mar, CA 92625