323 Iris Avenue
Corona del Mar, CA 92625
2492 sqft | 6 beds | 4 baths | 0.10 acres | #NP24045921
Description
Welcome to a rare and exceptional opportunity in the heart of Corona Del Mar village, where coastal living meets investment potential. This cosmetically remodeled duplex, nestled in a prime location south of Pacific Coast Hwy and Bayside Drive, offers an unparalleled lifestyle with close proximity to the renowned beaches of CDM.
Zoned R2, this property boasts a commanding view of the park/playground below, the charming neighborhood, and the picturesque hills of Newport Coast. At the end of a tranquil cul-de-sac, this duplex provides a peaceful retreat while being within walking distance of the sun-soaked shores.
Both units, currently occupied on a month-to-month basis, feature a desirable 3-bedroom, 2-bathroom layout with upgraded kitchens and bathrooms. The large balcony upstairs presents an idyllic spot to soak in the panoramic views of the park and surrounding neighborhood.
This spacious duplex not only offers a comfortable residence but also unlocks various income opportunities. With excellent walkability, residents can explore world-class dining options in the village, access renowned schools, indulge in shopping, traverse scenic hiking trails, and tee off at nearby golf courses.
Whether you're considering redevelopment or seeking to enhance the revenue of a trophy cash-flowing asset, this property is primed for success. Seize the chance to own a piece of Corona Del Mar's coveted real estate, where every day is an opportunity for coastal bliss and investment prosperity.
Interior Details
- InteriorGraniteCounters, BedroomonMainLevel
Beds & Baths
- Bedrooms6
- Bathrooms4
- Full Baths4
Property Details
- ViewBluff, CityLights, ParkGreenbelt, Hills, Mountains, Neighborhood
- Lot DescriptionBluff, CornerLot
- Stories2
Measurements
- Square Feet2492
- Acres0.1
Parking
- Parking Spaces2
Construction Details
- Property TypePurchase
Condition
- Year Built1977
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionCorona del Mar South of PCH (CDMS)
Location
- School DistrictNewport Mesa Unified
- Middle SchoolCorona Del Mar
- High SchoolCorona Del Mar
- CountyOrange
Financial Details
- Original List Price$3,695,000
Other
- MLS #NP24045921
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Arthur Dorr (#U41137)
Listing Office: Balboa Realty (#U6779)
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