323 Iris Avenue, Corona del Mar

Corona del Mar Home For Sale

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.

Property Details

323 Iris AvenueLot Size: 0.10Bedrooms: 6Bathrooms: 4Price: $3,695,000Zip: 92625
MLS® #: NP24045926Neighborhood: Corona del Mar South of PCH (CDMS)Levels: TwoGarages: 2School District: Days on Market: 56Listed By: Arthur Dorr, Balboa Realty

Sales Agent

Beach Cities Real Estate
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Additional Information

  • City:
    Corona del Mar
  • County:
    Orange
  • Zip:
    92625
  • MLS® #:
    NP24045926
  • Bedrooms:
    6
  • Bathrooms:
    4
  • Lot Size:
    0.10
  • Neighborhood:
    Corona del Mar South of PCH (CDMS)
  • Levels:
    Two
  • Garages:
    2
  • HOA Dues:
    $
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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 2:40pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.