#NP25105874, Danielle Shaw, Listing office: Pacific Sotheby's Int'l Realty
#NP25105885·
Listing office: Pacific Sotheby's Int'l Realty·
Listing agent: Danielle Shaw·
Listing office phone: 949-205-9598
$2,800,000 List price
516 Iris Ave Corona Del Mar, CA 92625
0.08 acres
Multi-Family
Property details
About 516 Iris Ave
Coastal Living at Its Finest – Exceptional Beach-Adjacent Duplex in Corona del Mar Welcome to this rare and remarkable opportunity in the heart of Corona del Mar Village, just steps from the sparkling sands and stunning shoreline of Southern California’s most coveted beaches. This charming duplex offers the perfect blend of investment potential and relaxed coastal lifestyle in one of Orange County’s premier seaside communities. 514 Iris Ave. also available for sale and is a near duplicate property. Situated on an oversized lot, this two-unit property features a main floor and upstairs residence, each with private entrances, spacious living areas, and generous outdoor spaces ideal for entertaining or soaking up the ocean breeze. The upstairs unit features 3 bedrooms and 2 baths, highlighted by an inviting rear patio perfect for morning coffee or sunset gatherings. The downstairs unit, offering 3 bedrooms and 2 baths, includes a deck in the front and rear of the property. Additional amenities include an attached garage, in-unit laundry, and ample storage. Whether you're seeking a primary residence with income potential, a vacation home, or a long-term investment, this duplex delivers flexibility and exceptional value in an unbeatable location. Live the ultimate beachside lifestyle – stroll to renowned restaurants, upscale boutiques, scenic parks, and the iconic Corona del Mar State Beach. Properties like this don’t come along often. Don’t miss your chance to own a slice of paradise.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
Lot size0.081 Acres
Year built1963
ParkingGarage Faces Rear
MLS #NP25105885
Garage2 spaces
Summary
- Flooring Type: Vinyl
- Fireplace: None
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Garage Faces Rear
- Architectural Style: Bungalow
- Heating: Central
- Cooling: None
- List Price: $2,800,000
- HOA Amount: $0
- Annual Tax Amount: $14,494
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: Head North on PCH, turn R onto Iris
- Year Built: 1963
- Stories: 2
- Lot Size: 0.081 Acres
- MLS Number: NP25105885
- MLS Name: CRMLS
- Office Name: Pacific Sotheby's Int'l Realty
- Office Phone: (949) 205-9598
- Listing Agent: Danielle Shaw
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: 7/24/2025, 1:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 27, 1993 | Home Sold | $435,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,324,212 | $14,494 |
| 2023 | $1,298,248 | $14,151 |
| 2022 | $1,272,793 | $13,912 |
| 2021 | $1,247,837 | $13,647 |
| 2020 | $1,235,042 | $13,516 |
| 2019 | $1,210,826 | $12,981 |
| 2018 | $1,187,085 | $12,981 |
| 2017 | $1,163,809 | $12,752 |
History based on county public records data.
Nearby schools
9
Harbor View Elementary School
Public District KG-6
0.3 mi
•900 Goldenrod Ave
8
Abraham Lincoln Elementary School
Public District KG-6
1.0 mi
•3101 Pacific View Dr
8
Roy O. Andersen Elementary School
Public District KG-6
1.7 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 $98,544. Typical income of Corona Del Mar, CA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
36%
35k-100k
29%
100k-200k
21%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
6%
Single, with Kids
21%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
28%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Soccer
Skiing/snowboarding
Men's Tennis
Where do the neighbors shop?
The Container Store
Nordstrom
Bloomingdales
Where do the neighbors go to eat?
Starbucks
California Pizza Kitchen
Bonefish Grill
What do the neighbors drive?
BMW
Lexus
Acura
What do the neighbors listen to?
Alternative
Talk/Personality
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Iris Ave
The listing price of 516 Iris Ave property is $2,800,000.
The property 516 Iris Ave is a multi located in Corona Del Mar, California, 92625.
Active Listing: 516 Iris Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 516 Iris Ave 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 $14,494 (source: MLS/based on county public records data).
The last sale was on May 27, 1993 for $435,000 (source: MLS/tax record).
The year of construction for 516 Iris Ave is 1963.
This home is located at 516 Iris Ave in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $2,800,000.
In June 2025, from all listings sold in Corona Del Mar, CA there were more than 0 sold above asking price, over 12 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Corona Del Mar, CA between May and June 2025 decreased by 3.6%. While the average time on the market in June 2025 was 46 days, the median list price was $4,100,000.
From Rocket Homes Real Estate and based on county public records data.