2516 Bayside Dr, Corona Del Mar, CA 92625

Corona Del Mar
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2516 Bayside Dr,Newport Beach, CA 92625
$5,498,000
  • 5 Beds
  • 5 Baths
  • 2,550 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, Oct 10
    01:00 pm - 04:30 pm
  • Sun, Oct 11
    01:00 pm - 04:00 pm
Listed by: antoine raffouly, paul daftarian
Office: luxe real estate
MLS#:OC26216438
Source:San Diego MLS via CRMLS

Price summary

  • Price:$5,498,000
  • Price per sq. ft.:$2,156.08

About this home

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...

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Home facts

  • Year built:1972
  • Subdivision & Development:Corona del Mar South of PCH (CDM
  • Listing ID #:OC26216438
  • Added:3 day(s) ago
  • Updated:October 09, 2026 at 03:34 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Disposal, Electric Oven, Electric Range, Freezer, Ice Maker, Microwave
  • Living area:2,550 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air
  • Heating:Forced Air Unit

Structure and exterior

  • Roof:Asphalt, Composition, Flat
  • Year built:1972
  • Building area:2,550 sq. ft.
  • Construction Materials:Asphalt, Stucco
  • Exterior Features:Deck, Patio, Patio Open, Terrace, Wood
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$5,498,000
  • Price per sq. ft.:$2,156.08

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Freezer, Ice Maker, Microwave, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
  • Parking description:Direct Garage Access, Garage, Garage - Two Door
  • Garage spaces:2
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