2516 Bayside Drive, Corona Del Mar, CA 92625
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
2516 Bayside Drive,Corona del Mar (newport Beach), CA 92625
$4,995,000
- 5 Beds
- 5 Baths
- 2,550 sq. ft.
- Single family
- Active
Listed by: leo goldschwartz
Office: coldwell banker realty
MLS#:CROC25079508
Source:CAMAXMLS
Price summary
- Price:$4,995,000
- Price per sq. ft.:$1,958.82
About this home
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 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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Home facts
- Year built:1972
- Listing ID #:CROC25079508
- Added:224 day(s) ago
- Updated:November 26, 2025 at 03:02 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,550 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Roof:Composition, Flat
- Year built:1972
- Building area:2,550 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$4,995,000
- Price per sq. ft.:$1,958.82
Bay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 26, 2025New listings near 2516 Bayside Drive
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