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Listed by Leo Goldschwartz • Coldwell Banker Realty

$4,995,000

Est. payment - /mo

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3,540 Sqft Lot

Price Dropped by $755K

2516 Bayside DR Corona Del Mar, CA 92625

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25083124

Year Built 1972

Lot Size 3,540 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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 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

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Kitchen Hood Over Range, Other, Oven Range - Gas

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Laundry Other, 38, Stacked Only

Exterior

Parking Features Attached Garage, Private / Exclusive, Garage, Guest / Visitor Parking, Off-Street Parking, Other, Common Parking - Public

Garage Spaces 8.0

Pool 31, None

View Greenbelt, Marina, Ocean, City Lights

Roof Type Flat / Low Pitch,2,Composition

Building

Foundation Raised, Concrete Slab

Water Hot Water, District - Public

Others

Tax ID 45911410

Special Listing Condition Not Applicable

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321