2516 Bayside Drive

Corona Del Mar, CA 92625

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,550 Sqft
  • 3540
    Sqft(Lot)
$5,750,000

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, 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.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Mid-Century Modern

  • AD ID

    49367034

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asphalt,Composition,Flat
    • Interior Features: Beamed Ceilings,Balcony,Block Walls,Ceiling Fan(s),High Ceilings,In-Law Floorplan,Laminate Counters,Living Room Deck Attached,Multiple Staircases,Tile Counters,All Bedrooms Up
    • Property Appliances: 6 Burner Stove,Gas Range,Range Hood,Water Heater
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1972
    • Building Area Total: 2,550
    • Construction: Asphalt,Drywall,Stucco
    • Roof: Asphalt,Composition,Flat

    Foundation

    • Raised,Slab

    Security Features

    • Smoke Detector(s)

    Accessibility Features

    • No Stairs,Accessible Hallway(s)

    Pool Features

    • None

    Laundry Features

    • Electric Dryer Hookup,Gas Dryer Hookup,Inside,Stacked

    Fencing

    • Block

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0813
    • Lot Size Source: Estimated
    • Lot Size Square Feet: 3540

  • Listing Price Information

    • Original List Price: 5,750,000
    • Listing Contract Date: 2025-04-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 45911410

  • Garage and Parking

    • Garage Description: Concrete,Door-Multi,Driveway,Driveway Up Slope From Street,Garage Faces Front,Garage,Guest,Paved,Public,Private,On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities,Cable TV,Insurance

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: CS - Corona Del Mar - Spyglass
    • Postal Code Plus 4: 2854
    • Directions: CARNATION TO BAYSIDE SOUTH.
    • Source Property Type: Residential Income
    • Area: CS - Corona Del Mar - Spyglass
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 53
    • Common Walls: No Common Walls
    • Property Condition: Building Permit
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: LEVEL/SECOND LEVEL
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/25/2025 @ 01:24

  • MLS: OC25083124
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,550 sqft, 3,540 sized lot, and 2 parking. are nearby neighborhoods.