2516 Bayside Drive Corona Del Mar, CA 92625
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Leo Goldschwartz - Contact:  714-719-0670

  2516 Bayside Drive Corona Del Mar, CA 92625

Active (3 Days)
$5,750,000
5
BED
5
BATH
2,550
SQFT

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.

MLS #:
OC25079508
Lot Size
3,540 SQFT
Type
Single-Family Home
Year Built
1972
Style
Mid-Century Modern
Views
City Lights, Harbor, Ocean, Park/Greenbelt
School District
Newport Mesa Unified
County
Orange County
Community
Corona Del Mar South of Pch (Cdms)

Listed By

Leo Goldschwartz, DRE #01704591 CA, Coldwell Banker Realty, Contact: 714-719-0670
Source
CRMLS
Last checked Apr 19 2025 at 2:11 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • All Bedrooms Up
  • Balcony
  • Beamed Ceilings
  • Block Walls
  • Breakfast Area
  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • In-Law Floorplan
  • Laminate Counters
  • Living Room Deck Attached
  • Multiple Staircases
  • Tile Counters
  • Laundry: Electric Dryer Hookup
  • Laundry: Gas Dryer Hookup
  • Laundry: Inside
  • Laundry: Stacked
  • Gas Range
  • Range Hood
  • Water Heater
Subdivision
  • Corona Del Mar South Of Pch (Cdms)
Lot Information
  • Front Yard
  • Greenbelt
  • Lawn
  • Rectangular Lot
  • Sprinklers Timer
  • Tear Down
  • Value In Land
  • Walkstreet
Property Features
  • Foundation: Raised
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Laminate
Exterior Features
  • Roof: Asphalt
  • Roof: Composition
  • Roof: Flat
Utility Information
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Harbor View
  • Middle School: Lincoln
  • High School: Corona Del Mar
Parking
  • Concrete
  • Door-Multi
  • Driveway
  • Driveway Up Slope From Street
  • Garage
  • Garage Faces Front
  • Guest
  • On Street
  • Paved
  • Private
  • Public
Stories
  • 2
Living Area
  • 2,550 sqft
Additional Information: Newport Beach | 714-719-0670
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.