#NP25105885, Danielle Shaw, Listing office: Pacific Sotheby's Int'l Realty
#NP25139099·
Listing office: Newport Properties·
Listing agent: Ernie Caponera·
Listing office phone: 714-606-0926
$3,200,000 List price
617 Iris Ave Corona Del Mar, CA 92625
0.08 acres
Multi-Family
Property details
About 617 Iris Ave
Exceptional Duplex Opportunity in Coveted Corona Del Mar – R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units – Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental – Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts – Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready – Two separate sets of solar panels help minimize utility costs. Upgraded electrical to 200 amp service. Trexs front patio decking. Outdoor Living – Front unit features a large private patio with brand-new decking and elegant wrought iron railing—perfect for entertaining or relaxing. Garage & Parking – Shared double garage with ample additional street parking. Prime Location – Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beach’s most desirable neighborhoods—this property delivers.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size0.076 Acres
Year built1965
ParkingGarage
MLS #NP25139099
Garage2 spaces
FireplaceElectric
Summary
- Appliances: Range, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Water Heater
- Flooring Type: Laminate, Tile
- Interior: Ceiling Fan(s), Cathedral Ceiling(s), Furnished, High Ceilings, Open Floorplan, All Bedrooms Up
- Fireplace: Electric
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Garage
- Exterior: Rain Gutters
- Architectural Style: Mid-Century Modern
- Heating: Forced Air
- Cooling: Central Air
- List Price: $3,200,000
- HOA Amount: $0
- Annual Tax Amount: $16,406
- Tax Year: 2024
- Directions: Iris Ave between Fourth and Third Avenues
- Year Built: 1965
- Stories: 2
- Lot Size: 0.076 Acres
- MLS Number: NP25139099
- MLS Name: CRMLS
- Office Name: Newport Properties
- Office Phone: (714) 606-0926
- Listing Agent: Ernie Caponera
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: 6/24/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,200,000
617 Iris Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 15, 2010 | Home Sold | $1,200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,507,263 | $16,406 |
| 2023 | $1,477,709 | $16,019 |
| 2022 | $1,448,735 | $15,749 |
| 2021 | $1,420,329 | $15,450 |
| 2020 | $1,405,766 | $15,301 |
| 2019 | $1,378,202 | $14,693 |
| 2018 | $1,351,179 | $14,693 |
| 2017 | $1,324,686 | $14,435 |
History based on county public records data.
Nearby schools
9
Harbor View Elementary School
Public District KG-6
0.2 mi
•900 Goldenrod Ave
8
Abraham Lincoln Elementary School
Public District KG-6
0.9 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. Residents of Corona Del Mar, CA typically earn between $35k-100k each year. The most common type of family is 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 617 Iris Ave
The listing price of 617 Iris Ave property is $3,200,000.
The property 617 Iris Ave is a multi located in Corona Del Mar, California, 92625.
Active Listing: 617 Iris Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 617 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 $16,406 (source: MLS/based on county public records data).
The last sale was on July 15, 2010 for $1,200,000 (source: MLS/tax record).
The year of construction for 617 Iris Ave is 1965.
This home is located at 617 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 June 22, 2025 and is currently priced at $3,200,000.
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.
From Rocket Homes Real Estate and based on county public records data.