$4,995,000

beds

baths

2,550

square ft

2516 Bayside Drive

Corona Del Mar, California 92625

Active / MLS #OC25079508 / Single Family / Corona Del Mar

Listing information updated 10/31/2025 at 5:22pm

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.

Full Features

Architecture Style:

Mid Century Modern

Exterior Type:

Asphalt, Drywall, Stucco

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Central

Appliances:

Six Burner Stove, Gas Range, Range Hood, Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

53 Years

Roof Type:

Asphalt, Composition, Flat

Parking Type:

Concrete, Door Multi, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Guest, Paved, Public, Private, On Street

Parking Spaces:

Garage:

Attached - 2 Car(s)

Water Features:

Ocean Side Of Highway

Square Feet:

2,550

Lot Size:

3540 Square Feet

Acreage:

0.0813

Internal Features:

Beamed Ceilings, Breakfast Bar, Balcony, Breakfast Area, Block Walls, Ceiling Fans, High Ceilings, In Law Floorplan, Laminate Counters, Living Room Deck Attached, Multiple Staircases, Tile Counters, All Bedrooms Up

External Features:

Patio/Porch

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

92625

City:

Corona Del Mar

County:

Orange

Schools

School District(s):

Newport Mesa Unified

Elementary School:

Harbor View

Middle School:

Lincoln

High School:

Corona Del Mar

Architecture Style:

Mid Century Modern

Exterior Type:

Asphalt, Drywall, Stucco

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Central

Appliances:

Six Burner Stove, Gas Range, Range Hood, Water Heater

Main Level Primary Bedroom:

Yes

Pool:

Age:

53 Years

Roof Type:

Asphalt, Composition, Flat

Parking Type:

Concrete, Door Multi, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Guest, Paved, Public, Private, On Street

Parking Spaces:

Garage:

Attached - 2 Car(s)

Water Features:

Ocean Side Of Highway

Square Feet:

2,550

Lot Size:

3540 Square Feet

Acreage:

0.0813

Internal Features:

External Features:

Patio/Porch

Tax Amount:

N/A

Tax Year:

N/A

Zip Code:

92625

City:

Corona Del Mar

County:

Orange

School District(s):

Newport Mesa Unified

Elementary School:

Harbor View

Middle School:

Lincoln

High School:

Corona Del Mar

Listing Office: Coldwell Banker Realty

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.