2516 Bayside Drive
Corona Del Mar (newport Beach), CA 92625
- 5 beds
- 5 baths
- 2,550 sqft
- 3,540 sqft lot
- $2,254 per sqft
- 1972 build
- – on site
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
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Last updated Apr 18, 2025
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MLS# CROC25079508 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1972
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Building Area Units:Square Feet
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Construction Materials:Stucco
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Architectural Style:Mid Century Modern
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Foundation Details:Raised
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Stories:2
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Levels:Two Story
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Security Features:Smoke Detector(s)
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Accessibility Features:Other
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Other Equipment:Other
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Building Area Total:2550
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Building Area Source:Other
Interior
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Interior Features:Family Room
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Kitchen Features:Breakfast Bar, Breakfast Nook, Counter - Laminate, Counter - Tile, Gas Range/Cooktop, Other
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Flooring:Laminate
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:2550
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Living Area Units:Square Feet
Location
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Directions:CARNATION TO BAYSIDE SOUTH.
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Exterior Features:Front Yard
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Parcel Number:45911410
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Lot Features:Other
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Lot Size Area:0.0813
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Lot Size Acres:0.0813
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Lot Size SqFt:3540
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (714) 719-0670
Taxes
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Tax Tract:627.01
Beds
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Bedrooms Total:5
Baths
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Total Baths:5
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Full Baths:5
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Bath Includes:Shower Over Tub
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Range
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Laundry Features:Other
Schools
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High School District:Newport-Mesa Unified
The Community
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Association:false
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Association Amenities:Greenbelt
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# of Units In Community:3
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:8
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Parking Features:Attached
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Covered Spaces:2
Monthly cost estimate

Asking price
$5,750,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$30,789
|
Taxes | N/A |
Insurance | $1,581 |
Utilities | $193 See report |
Total | $32,563/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/16/25
Apr 16, 2025
|
Listed / Active | BRIDGE | $5,750,000 | 180.5% (22.2% / YR) |
4/14/21
Apr 14, 2021
|
Sold | BRIDGE | ||
3/6/17
Mar 6, 2017
|
CRMLS_CA | $2,050,000 |