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520 Iris, Corona del Mar, CA 92625

$5,795,000
  • 520 Iris, Corona del Mar, CA 92625 Main Photo

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Active
BEDS6 BATHS4 full SQUARE FEET3,649 MLS#NP26103955
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCorona del Mar North of PCH (CNHW) SCHOOLNewport Mesa Unified

Listing Courtesy of: eXp Realty of Southern Ca, Inc
Agency Phone: 888-584-9427
Associate Name: Steven Bud Mastropaolo
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

Experience refined coastal living in this fully remodeled, grandfathered oversized duplex on a prime corner lot in the heart of the Village. Reimagined in 2023 with meticulous attention to detail, this exceptional property delivers the feel of brand-new construction, while offering a scale and square footage that simply cant be replicated today. Spanning 3,649 square feet, the residence features two expansive units, each thoughtfully designed with high-end finishes, open-concept layouts, and seamless indoor-outdoor living. Enjoy spacious patios and balconies, a turfed entertainment deck, an oversized two-car garage, and a rare 225-square-foot basement, an uncommon bonus in this area. The lower unit is a standout 3-bedroom, 2.5-bath home offering 1,873 square feet, highlighted by soaring 10-foot ceilings in the kitchen and 9-foot ceilings in the living area. Upstairs, the 1,776-square-foot unit includes 3 bedrooms and 2 baths, plus a versatile laundry room that can be converted into a powder room. Its expansive outdoor deck serves as an additional living space, perfect for entertaining, dining, or relaxing by the fire pit. Both units feature French white oak flooring, custom cabinetry, granite countertops, stainless steel appliances, and drought-tolerant landscaping. The exterior is finished with striking New Tech siding for lasting durability and low maintenance. Positioned on a coveted corner, the home is filled with natural light from sunrise to sunset. This rare investment opportunity allows for flexible living, occupy one unit while generating income from the other. Ideally located just steps from the beach, shops, and local dining, and minutes from premier destinations and major conveniences, this property captures the essence of elevated California coastal living. A truly one-of-a-kind offering, dont miss your chance to own it.

520 Iris | MLS# NP26103955

This multi-family property located at 520 Iris, Corona del Mar, CA 92625 is currently listed for sale with an asking price of $5,795,000. Iris is located within the Newport Mesa Unified school district. Search Corona Del Mar real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: CentralAir, Gas
Garage: 2 car attached
Heating: Central
Home Style: Modern
Lot Size: 0.08 Acres
Stories: 2.0
Year Built: 1973

Amenities

BreakfastBar
Balcony
OpenFloorplan
QuartzCounters
RecessedLighting
PrimarySuite

Feature Descriptions

Appliances: Dishwasher, Disposal, GasRange, RangeHood
Community Features: Curbs, Gutters, Sidewalks
Days on Site: 10
Door Features: SlidingDoors
Fireplace: FamilyRoom, Gas
Flooring: Wood
Laundry: ElectricDryerHookup, GasDryerHookup, Inside, LaundryRoom, SeeRemarks
Lot: TwoToFiveUnitsAcre, CornerLot, DripIrrigationBubblers, Garden, NearPublicTransit
Parcel#: 45918607
Parking: Garage
Parking Notes: Garage
Security: CarbonMonoxideDetectors, SmokeDetectors
Sewer: PublicSewer
Spa: None
Special View Info: Neighborhood, Panoramic
Units: 2
Water: Public
Window: DoublePaneWindows

Local Schools

High School: Corona Del Mar
Elementary School: Harbor View
School District: Newport Mesa Unified

Listed By / Shown By

Listed By

Agency Name: eXp Realty of Southern Ca, Inc
Agent Name: Steven Bud Mastropaolo
Agency Phone: 888-584-9427

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 14,587.37 per month $12,897.16 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,690.21 Homeowner's Insurance

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