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 ½ 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
MLS #
CROC25079508
MLS Source
California Regional MLS
Days on Site
7
Bedrooms
Other
Kitchen
Other
Appliances
Hood Over Range, Other, Oven Range - Gas
Dining Room
Breakfast Bar, Breakfast Nook
Family Room
Other
Fireplace
None
Flooring
Laminate
Laundry
Other, Stacked Only
Cooling
Ceiling Fan, Central Forced Air
Heating
Central Forced Air
Roof
Composition, Flat
Foundation
Raised, Slab
Pool
None
Garage/Parking
Attached Garage, Common Parking - Public, Garage, Guest / Visitor Parking, Off-Street Parking, Other, Private / Exclusive, Garage: 2 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
2516 Bayside Dr is a Single Family Residence in Corona Del Mar, CA 92625. This 2,550 square foot property sits on a 3,337 Sq Ft Lot and features 5 bedrooms & 5 full bathrooms. It is currently priced at $5,750,000 and was built in 1972.
This address can also be written as 2516 Bayside Dr, Corona Del Mar, CA 92625.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 16, 2025. For the most current information, please contact Leo Goldschwartz, (714) 719-0670