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2516 Bayside Dr, Newport Beach
$5,498,000
5 Beds ⋅ 5 Baths ⋅ OC26216438 MLS ⋅ Active Status
A rare harbor-view opportunity in the heart of Corona del Mar, 2516 Bayside Drive combines immediate income potential with a fully approved, permit-ready path to an exceptional new custom residence. Positioned on an approximately 3,540-square-foot lot, the property enjoys prominent harbor views and additional on-site parking while currently offering two 2-bedroom, 2-bath residences plus a studio, with projected gross rental income of approximately $14,000 per month, or $168,000 annually. Two of the three units are currently vacant, with only the larger 2-bedroom residence tenant-occupied, providing a future owner with added flexibility for leasing, personal use, or future redevelopment while determining the optimal timing for construction. The property's defining opportunity is its fully approved architectural plans for an approximately 3,500-square-foot, three-level contemporary single-family residence, with the building permit ready for pickup. Originally designed by Brandon Architects and subsequently completed and finalized by Horst Architects, the residence has been thoughtfully conceived to maximize the property's harbor views and exceptional coastal setting. Renderings included in the listing photos are conceptual architectural renderings of the approved proposed residence and are provided for illustrative purposes only. The sophisticated design features expansive glazing and seamless indoor-outdoor living, a dramatic great room with fireplace, and a large eat-in kitchen with island and pantry. The residence offers four full bedrooms and four full bathrooms, including en-suite secondary bedrooms and a luxurious primary suite with fireplace and walk-in closet, plus two additional powder rooms—one conveniently located on the main level and another on the rooftop. Additional highlights include an elevator, two-car garage, expansive outdoor living areas, and a spectacular rooftop entertaining deck complete with a covered cabana and powder room. Unlike a typical development opportunity requiring a lengthy architectural, entitlement, and approval process, 2516 Bayside offers the flexibility of income today together with a substantially advanced path toward creating a new luxury residence. Harbor views. Immediate income potential. Two units currently vacant. Fully approved plans. Building permit ready for pickup. An exceptional opportunity to create a signature coastal residence in Corona del Mar.

2516 Bayside Dr, Newport Beach

310 Fernleaf, Corona Del Mar
$4,500,000
NP26204035 MLS ⋅ Active Status
A compelling development opportunity south of Pacific Coast Highway in Corona del Mar, positioned just one block from the beach and moments from the Village. The 35-foot-wide parcel offers dimensions notably wider than many Village properties, complemented by smaller setbacks that create an advantageous building envelope and greater design flexibility. The frontage allows for a generous architectural presence and improved interior proportions. Currently providing a three-bedroom, two-bath front residence with ocean views from the front patio and a two-bedroom, one-bath rear residence with city and park views, the property offers existing improvements ahead of future redevelopment. With the beach at the end of the block, a south-of-PCH location, favorable lot dimensions, reduced setbacks, and meaningful buildable square footage, the property presents a strong foundation for a thoughtfully designed Corona del Mar redevelopment project.

310 Fernleaf, Corona Del Mar

310 Fernleaf, Corona Del Mar
$4,500,000
5 Beds ⋅ 3 Baths ⋅ NP26203811 MLS ⋅ Active Status
A compelling development opportunity south of Pacific Coast Highway in Corona del Mar, positioned just one block from the beach and moments from the Village. The 35-foot-wide parcel offers dimensions notably wider than many Village properties, complemented by smaller setbacks that create an advantageous building envelope and greater design flexibility. The frontage allows for a generous architectural presence and improved interior proportions. Currently providing a three-bedroom, two-bath front residence with ocean views from the front patio and a two-bedroom, one-bath rear residence with city and park views, the property offers existing improvements ahead of future redevelopment. With the beach at the end of the block, a south-of-PCH location, favorable lot dimensions, reduced setbacks, and meaningful buildable square footage, the property presents a strong foundation for a thoughtfully designed Corona del Mar redevelopment project.

310 Fernleaf, Corona Del Mar

713 Larkspur Avenue, Corona Del Mar
$2,995,000
3 Beds ⋅ 2 Baths ⋅ OC26152827 MLS ⋅ Active Status
Ideally positioned in one of Corona del Mar Village's most desirable pockets, this front-unit, timeless 3-bedroom residence embodies refined coastal living just minutes from the sand. Tucked in the heart of CDM, the home offers an easy stroll to Grant Howald Park, and sits just steps from world-class shopping, celebrated restaurants, and the area's famed beaches. Thoughtfully designed for both everyday comfort and effortless entertaining, the home unfolds across generous indoor and outdoor spaces framed by natural light, with French doors opening from the living area to create an amazing indoor-outdoor flow. The gourmet kitchen features a bespoke coffee bar and a 150-bottle wine fridge, a true centerpiece for hosting. The adjoining living room offers an open, airy layout with a fireplace, surround sound, and effortless coastal ease. Two first-floor bedrooms and a full bath offer flexibility as a guest suite or private office, while the second-floor primary retreat is a study in luxury: a fireplace, private balcony, generous walk-in closet, and a dedicated boutique-style closet for handbags and shoes. The spa-inspired primary bath features a clawfoot soaking tub, a steam shower with bench seating, and dual vanities. Crowning the home is a sprawling rooftop deck with ocean and Catalina Island views, the perfect perch to soak in the coastal lifestyle and salt air that define life so close to the water. A detached one-car garage with an additional carport provides ample parking and storage, and a newly installed dual-zone climate control system delivers effortless, whisper-quiet comfort throughout the home, upstairs and down, year-round. A rare offering in the heart of Corona del Mar Village, where elevated design meets timeless coastal charm, moments from the park, shops, and shoreline that make this neighborhood so beloved.

713 Larkspur Avenue, Corona Del Mar

312 Carnation Avenue, Corona Del Mar
$6,399,000
3 Beds ⋅ 5 Baths ⋅ NP26150943 MLS ⋅ Active Status
Sited on a prime and private cul-de-sac residence has been completely renovated from top to bottom, with a modern coastal sensibility. Set on an ocean-facing rise, the home is immersed with natural light, ocean breezes, framed by stunning views. A series of outdoor entertaining spaces includes a large front yard replete with fireplace and covered lounge; a viewing deck; dining terrace; and sprawling primary balcony with built-in bar. The architecture opens with soaring ceilings, custom millwork, and an open-concept floor plan that highlights the meticulous renovation. The chef’s kitchen is appointed with Sub-Zero refrigeration, a Viking six-burner commercial-grade range with double ovens, potfiller, supplemental wall oven, a generous island, custom cabinetry, wine storage, breakfast nook, and full serving bar with prep sink and secondary dishwasher. Multiple living spaces are enhanced by stone fireplaces, designer finishes, and seamless transitions to the reimagined outdoor spaces. The home offers four bedrooms (including two en-suites) plus a powder room. The fully renovated primary suite boasts high ceilings, sitting area with fireplace, private balcony, a large walk-in closet, and stunning spa bath with dual marble vanities, makeup vanity, separate tub and glass enclosed shower. The rooftop deck showcases infinite panoramas of the Pacific Ocean, Newport Harbor, sunsets, and the nearby Begonia Park. Completing this one-of-a-kind offering is a 3-car garage plus an additional reserved space, a rare luxury in this prime location. Just steps from China Cove Beach and moments from the world-class shopping and dining of Corona del Mar Village and Fashion Island.

312 Carnation Avenue, Corona Del Mar

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.