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$5,750,000
3 Days On Site

2516 Bayside Drive
Corona Del Mar, CA 92625

For Sale|Single Family Residence|Active
0
Beds
0
Full Baths
0
Partial Baths
2,550
SqFt
$2,255
/SqFt
1972
Built
Subdivision:
Corona del Mar South of PCH (CDMS)
County:
Orange
Listed by Leo Goldschwartz of Coldwell Banker Realty [email protected]

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949.370.7140
2516 Bayside Drive2516 Bayside Drive2516 Bayside Drive2516 Bayside Drive
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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.

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Listing Snapshot
Price 
$5,750,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,550 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0813 Acres
Year Built 
1972
MLS® Number 
OC25083124
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.0813
Direction Faces 
Northwest
Foundation 
RaisedSlab
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
ConcreteDrivewayGarage Faces FrontGarageGuestPavedPrivateOn Street
Parking Spaces 
8
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2550
Stories 
Two
Style 
MidCenturyModern
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas RangeRange HoodWater HeaterWasher/Dryer Stacked
Cooling 
Central Air
Electric 
220 Volts in Garage
Fireplace Features 
None
Flooring 
Laminate
Heating 
Central
Interior 
Beamed CeilingsCeiling Fan(s)High CeilingsIn-Law FloorplanLaminate CountersTile Counters
Laundry Features 
Electric Dryer HookupGas Dryer HookupInside
Bedroom 
Family Room 
Kitchen 
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Exterior Features
Construction Details 
AsphaltStucco
Exterior 
Balcony
Fencing 
Block
Lot Features 
Front YardGreenbeltRectangular Lot
Other Structures 
Storage
Pool Features 
None
Road Frontage 
City Street
Roof 
AsphaltCompositionFlat
Spa Features 
None
View 
City LightsPark/GreenbeltHarborOcean
Waterview 
City LightsPark/GreenbeltHarborOcean
Community Features
Accessibility Features 
Accessible Hallway(s)
Building Access 
LEVEL/SECOND LEVEL
Community Features 
CurbsParkStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
CS - Corona Del Mar - Spyglass
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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