2516 Bayside Drive, Corona Del Mar, CA

$4,995,000

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5

Beds

5

Baths

2,550

Square feet

0.08

Acres

About 2516 Bayside Drive

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 Countys 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 opportun

Features of 2516 Bayside Drive

MLS® # OC25079508
Price $4,995,000
Bedrooms 5
Bathrooms 5.00
Full Baths 5
Square Footage 2,550
Acres 0.08
Year Built 1972
Type Residential
Sub-Type Detached
Status Active

Community Information

Address 2516 Bayside Drive
Area OC - CORONA DEL MAR (92625)
City Corona Del Mar
County Orange
State CA
Zip Code 92625

Amenities

Utilities Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Parking Spaces 8
Parking Garage,Garage - Two Door
# of Garages 2
View Ocean,Harbor,City Lights
Is Waterfront No
Has Pool No
Pool N/K

Interior

Interior Features 2 Staircases,Balcony,Beamed Ceilings,Copper Plumbing Partial,Laminate Counters,Living Room Balcony,Living Room Deck Attached,Tile Counters
Appliances 6 Burner Stove,Gas Range
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Fireplaces N/K
# of Stories 2
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks
Roof Composition,Asphalt,Flat
Construction Stucco,Asphalt

Additional Information

Date Listed April 9th, 2025
Days on Market 134
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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