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2511 Seaview Avenue

Corona Del Mar, CA 92625
  • $5,650,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: OC22245926
UPDATED: 61 min ago
$5,650,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,611
    SQFT
  • $2,164
    $/SQFT
Type:
Single-Family Home
Built:
1961
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Obeid Habibi of Luxe Real Estate (949-484-0387) and Paul Daftarian of ()


Description

Embodying arguably every characteristic of what one looks for in a charming Corona Del Mar Village Lot, seldom does an opportunity like this rare offering present itself. 2511 Seaview Ave is one of the last oversized parcels, featuring 45 feet plus of frontage, 118 feet of depth, sited on an R-2 zoned corner, oceanside of Pacific Coast Hwy inclusive of currently both Outdoor Yard space, and Bay + City Light Views. The potential stretches as far as ones imagination allows on this approx. 5,641 Sqft lot; currently functioning as a Duplex, and included in the sale is the lower unit at 2501 Seaview Ave. Find joy in a designated active lifestyle encouraging walkability; being just steps to multiple world class beaches including CDM State Beach, Little Corona, China Cove, and a short stroll to the CDM village shops and restaurants, all while having immediate proximity to Fashion Island & South Coast Plaza, award winning schools, the resort at Pelican Hill, renowned Crystal Cove promenade and Nature Preserve trails. The existing humble structure features a 3/2 up and 2/1 down, 2 car garage for upper unit, 1 for lower, along with dedicated laundry room. Live in one unit and rent the other, keep the property as a pure investment and benefit from the appreciation over time, rent both units while drawing and submitting plans, redevelop and build your dream home, or spec 2 units; the options are without exception and as comprehensive as they come. The building envelop lends itself to push up well past the existing structure and realize the appropriate potential with a roof deck showcasing premier 360 degree views of Ocean, Catalina, Newport Harbor, Coastline, City Lights, Boat activity, majestic year-round Sunsets, and all the beauty that is the California Riviera. Breathe life into what could very well be the space youve been looking for. *Seller financing option available. Seller also open to consider taking a property on trade. Contact for more details.*

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T14:32:17.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/135041706
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2511 Seaview Avenue Corona Del Mar, CA 92625

  • Price: $5,650,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 61 min ago
  • ID#: OC22245926
5
Beds
3
Baths
0
½ Baths
0.13
Acres
2,611
SQFT
$2,164
$/SQFT
1961
Built
Neighborhood:
CS - Corona Del Mar - Spyglass
County:
Orange
Area:
CS - Corona Del Mar - Spyglass
Elementary School:
Harbor View
Middle School:
Corona Del Mar
High School:
Corona Del Mar
School District:
Newport Mesa Unified
Property Description
Embodying arguably every characteristic of what one looks for in a charming Corona Del Mar Village Lot, seldom does an opportunity like this rare offering present itself. 2511 Seaview Ave is one of the last oversized parcels, featuring 45 feet plus of frontage, 118 feet of depth, sited on an R-2 zoned corner, oceanside of Pacific Coast Hwy inclusive of currently both Outdoor Yard space, and Bay + City Light Views. The potential stretches as far as ones imagination allows on this approx. 5,641 Sqft lot; currently functioning as a Duplex, and included in the sale is the lower unit at 2501 Seaview Ave. Find joy in a designated active lifestyle encouraging walkability; being just steps to multiple world class beaches including CDM State Beach, Little Corona, China Cove, and a short stroll to the CDM village shops and restaurants, all while having immediate proximity to Fashion Island & South Coast Plaza, award winning schools, the resort at Pelican Hill, renowned Crystal Cove promenade and Nature Preserve trails. The existing humble structure features a 3/2 up and 2/1 down, 2 car garage for upper unit, 1 for lower, along with dedicated laundry room. Live in one unit and rent the other, keep the property as a pure investment and benefit from the appreciation over time, rent both units while drawing and submitting plans, redevelop and build your dream home, or spec 2 units; the options are without exception and as comprehensive as they come. The building envelop lends itself to push up well past the existing structure and realize the appropriate potential with a roof deck showcasing premier 360 degree views of Ocean, Catalina, Newport Harbor, Coastline, City Lights, Boat activity, majestic year-round Sunsets, and all the beauty that is the California Riviera. Breathe life into what could very well be the space youve been looking for. *Seller financing option available. Seller also open to consider taking a property on trade. Contact for more details.*
Exterior Features

Attached Garage YN Yes Entry Location 1 Up1 Down Lot Features 0-1 Unit/AcreCorner LotFront YardLandscapedNear ParkRectangular LotValue In LandYard Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Sign On Property YN Yes Spa Features None Spa YN No View BayCity LightsHarborMountain(S)Ocean View YN Yes

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Interior Features All Bedrooms UpAll Bedrooms DownBedroom On Main Level Main Level Bathrooms 1 Main Level Bedrooms 2

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsFishingGolfGutter(S)HikingMountainousSidewalksWater SportsPark Contingency Buyer To Verify Lot SizeSquare FootageYear BuiltHoaSpecial Assessments (If Any)And Property Details if Factor in Purchase. Garage YN Yes Land Lease YN No Laundry Features In GarageLaundry Room Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning R-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T14:32:17.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Obeid Habibi of Luxe Real Estate (949-484-0387) and Paul Daftarian of ()