#NP25068754, Tara Foster Shapiro, Listing office: Coldwell Banker Realty

2516 Bayside Dr Corona Del Mar, CA 92625
Property details
About 2516 Bayside Dr
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, Fashion Island, walking trails, and the world-class shopping and dining of Corona del Mar and Newport Beach.Whether you're an investor seeking a premium long-term asset, a buyer looking to downsize and rent additional units, or a visionary ready to build a landmark coastal residence, this is your opportunity to own an irreplaceable piece of CDM real estate. Opportunities like this rarely come to market / Proforma on existing available.
Highlights
Summary
- Full Bathrooms: 5
- Appliances: Stove, Gas Range, Range Hood, Water Heater
- Flooring Type: Laminate
- Interior: Beamed Ceilings, Breakfast Bar, Balcony, Breakfast Area, Block Walls, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Laminate Counters, Living Room Deck Attached, Multiple Staircases, Tile Counters, All Bedrooms Up
- Fireplace: None
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Concrete, Door-Multi, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Guest, Paved, Public, Private, On Street
- View: City Lights, Park, Harbor, Ocean
- Architectural Style: Mid-Century Modern
- Heating: Central
- Cooling: Central Air
- List Price: $4,995,000
- Price/SqFt: $1,958
- HOA Amount: $0
- Annual Tax Amount: $27,481
- Tax Year: 2024
- Lot: Front Yard, Greenbelt, Lawn, Rectangular Lot, Sprinklers
- Directions: CARNATION TO BAYSIDE SOUTH.
- Year Built: 1972
- Stories: 2
- Living Area: 2,550 SqFt
- Lot Size: 0.0813 Acres
- MLS Number: OC25079508
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Phone: (714) 719-0670
- Listing Agent: Leo Goldschwartz
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 7:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,995,000
2516 Bayside Dr
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 14, 2021 | Home Sold | $2,460,000 |
Mar 06, 2017 | Home Sold | $2,050,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $2,559,384 | $27,481 |
2023 | $2,509,200 | $26,836 |
2022 | $2,460,000 | $26,390 |
2021 | $2,198,013 | $23,636 |
2020 | $2,175,476 | $23,409 |
2019 | $2,132,820 | $22,472 |
2018 | $2,091,000 | $22,472 |
2017 | $614,934 | $6,892 |
History based on county public records data.
Nearby schools
9
Harbor View Elementary School
Public District KG-6
0.5 mi
•900 Goldenrod Ave
8
Abraham Lincoln Elementary School
Public District KG-6
1.2 mi
•3101 Pacific View Dr
8
Roy O. Andersen Elementary School
Public District KG-6
1.9 mi
•1900 Port Seabourne Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $136,328. Residents of Corona Del Mar, CA typically earn $200k+ each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 2516 Bayside Dr
The listing price of 2516 Bayside Dr property is $4,995,000.
The property 2516 Bayside Dr is a house located in Corona Del Mar, California, 92625.
Active Listing: 2516 Bayside Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2516 Bayside Dr are: Harbor View Elementary School (GreatSchools Rating 9/10), Abraham Lincoln Elementary School (GreatSchools Rating 8/10), Roy O. Andersen Elementary School (GreatSchools Rating 8/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Rancho San Joaquin Middle School (GreatSchools Rating 8/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Newport Harbor High School (GreatSchools Rating 7/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $27,481 (source: MLS/based on county public records data).
The last sale was on April 14, 2021 for $2,460,000 (source: MLS/tax record).
The property at 2516 Bayside Dr has 5 bedrooms and 5 bathrooms.
The property 2516 Bayside Dr is 2,550 SqFt (source: MLS/tax record).
The year of construction for 2516 Bayside Dr is 1972.
This home is located at 2516 Bayside Dr in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 2,550 square foot home, which was built in 1972, sits on a 0.08 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $4,995,000.
In May 2025, from all listings sold in Corona Del Mar, CA there were more than 2 sold above asking price, over 17 sold below and more than 8 were sold right at the asked price. Between April and May 2025, Corona Del Mar, CA real estate market has seen no change in the number of listings . Listings spent 31 days on the market in May 2025, and had a median list price of $4,100,000 during the same period.