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.
This is a genuine once-in-a-lifetime opportunity to acquire the finest bayfront parcel in Corona del Mar. Set on a sloping bluff cascading down to its private cove, this property affords unequalled panoramic views of the harbor, ocean, Catalina and sunsets from its elevated pad area. Included in the offering are the initial phase of construction improvements (grading, shoring, and extensive new foundation construction). Now the project is ready for a new owner to step in and complete the construction of the spectacular contemporary home of 7,270 square feet that was designed by renowned architect Chris Brandon. From the moment one steps inside the two-story entry hall, the new home when completed will feel as though it is floating above the cove and harbor below. Extraordinary ceiling heights complement spacious rooms in the open plan. Floor-to-ceiling walls of glass bring the out of doors in, making the home at one with its scintillating setting at the water's edge. Several outdoor terraces, an entertaining cabana, elevated infinity pool and private gardens will complete the home. Also included in a massive private dock with accommodations for several water craft. Over ten years in the making, this was an extraordinary undertaking to plan and receive permits to build; permits that would not likely be granted again. The construction, too, required the very best team to bring it to life. With the "difficult" part of the project now complete, a new owner will be able to create the home of their dreams in a relatively short period of time.
Commanding attention from its prominent corner homesite, this custom Tuscan-inspired estate reflects the talents of Oatman Architects, Ziccardi Designs, and Corbin Reeves Construction, and is among the finest on Corona del Mar’s prestigious Ocean Boulevard. Unobstructed ocean, Catalina Island, sunset and Newport Harbor channel views stretch 180º from the elevated entry terrace clad in stone and featuring ample room for outdoor dining and an open-air fireplace. Breathtaking views continue indoors beyond a 10' tall mahogany entry door while oversized Riviera bronze windows and doors welcome natural light into a fireplace-warmed living room. On the opposite side of the foyer, a magazine-worthy kitchen boasts leathered marble countertops, a stunning brick-finished triple-barrel ceiling, custom cutting board, butler’s pantry, and breakfast room with terrace access and pizza oven. Appliances are top-tier and include a Le Cornue range and integrated Sub-Zero refrigerator. Down the center hall, two temperature-controlled wine displays flank a fireplace in the family room, which opens to a private courtyard with custom fountain. A mud room with outdoor access and full beach bath, and an attached three-car garage are also featured on the first level. A three-stop elevator, which can be accessed in the garage for true no-step living, and a magnificent travertine spiral staircase provide access to the second level which is home to all four bedrooms (one currently used as an office), an ocean-view sitting room, and a bonus/ craft room with wet bar and Murphy bed. Ocean views are on full display in the luxurious primary suite, where a custom repurposed floor inlay, fireplace, sitting area, two-door entry, and two walk-in closets can be enjoyed. Crowned by an enormous skylight, the primary bath showcases a stunning, custom-commissioned hand-carved solid marble tub that was lowered by crane through the skylight during construction. Every detail of the approximate 5,325 square foot home is exquisite, including custom millwork, dramatic stone-finished archways, French oak flooring, Crestron home automation, Lutron lighting, beamed and groin-vaulted ceilings, and custom window treatments. Moments from John Wayne International Airport, premium dining, shopping, and recreation, 3428 Ocean Boulevard offers inspired daily living that few are fortunate to experience.
MASSIVE PRICE REDUCTION!!! Wake up to the sound of the ocean, watch the sunsets paint Catalina in gold, and let your property work for you - because with this opportunity, you get it ALL! Rarely do duplexes open up on CDM's Ocean Blvd. Rarer still are ones with views like this and just moments away from Corona del Mar’s village shops, restaurants, Fashion Island, Lido Marina Village, and award-winning schools. Built in the early 90's, this two story duplex boasts a 2 bedroom ground-floor unit and a 3 bedroom 2nd floor unit with a rooftop deck. Two car garage plus covered tandem parking for two more cars PLUS street front parking means you and your guests are never far from the breathtaking views of the Jetty, China Cove and the spectacular Catalina Island sunsets you'll be toasting from your deck or patio. Best of all, this duplex has two separate APN's (meaning that you could remodel one or both & sell them off separately) or rebuild a large front home and a small back studio. Fix & Flip, remodel, rebuild, renovate or just rent - all are great choices for this phenomenal CDM duplex opportunity! See supplements for floor plans.
Corona Del Mar is located in California.
