FOR SALE
Listed by Arthur Dorr, Balboa Realty, (949) 734-7419
323 Iris Ave
Corona Del Mar, CA 92625
Corona del Mar
6 Beds
4 Baths
2,492 sqft
- 6 Beds
- 4 Baths
- 2,492 sqft
6 Beds
4 Baths
2,492 sqft
Local Information
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Commute Destination
Description
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.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$1,483
Listed
35 days ago
Home Details for 323 Iris Ave
Interior Features |
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Interior Details Number of Rooms: 1Types of Rooms: Bathroom |
Beds & Baths Number of Bedrooms: 6Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 2492 Square Feet |
Appliances & Utilities Appliances: Gas Range, RefrigeratorLaundry: InsideRefrigerator |
Heating & Cooling Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Living RoomHas a Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Ground |
View Has a ViewView: Bluff, City Lights, Hills, Mountain(s), Neighborhood, Park/Greenbelt, See Remarks |
Exterior Features |
|---|
Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 35 |
Property Information |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 05208323 |
Price & Status |
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Price List Price: $3,695,000Price Per Sqft: $1,483 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Corona del MarCommunity: Corona del Mar South of PCH (CDMS) |
School Information Jr High / Middle School: Corona Del MarHigh School: Corona Del MarHigh School District: Newport Mesa Unified |
Agent Information |
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Listing Agent Listing ID: NP24045921 |
Community |
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Community Features: Biking, Curbs, Fishing, Hiking, Park, UrbanNot Senior Community |
HOA |
|---|
Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 4356 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.25Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: NP24045921Attribution Contact: 9495009832 |
Additional Information |
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BikingCurbsFishingHikingParkUrban |
Last check for updates: about 11 hours ago
Listing Provided by: Arthur Dorr DRE #01899740, (949) 500-9832
Balboa Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#NP24045921
Also Listed on CRMLS.
Price History for 323 Iris Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/07/2024 | $3,695,000 | Listed For Sale | CRMLS #NP24045921 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $6,122 |
| Assessment | $533,597 |
Home facts updated by county records
Comparable Sales for 323 Iris Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $3,275,000 | 02/05/24 | 5 | 4 | 2,672 | |
0.11 | Single-Family Home | $4,975,000 | 03/01/24 | 4 | 4 | 3,280 | |
0.09 | Single-Family Home | $5,238,000 | 07/10/23 | 4 | 3 | 1,594 | |
0.25 | Single-Family Home | $3,900,000 | 09/20/23 | 5 | 3 | 2,400 | |
0.26 | Single-Family Home | $5,200,000 | 07/03/23 | 5 | 3 | 2,611 | |
0.10 | Single-Family Home | $5,000,000 | 06/21/23 | 5 | 7 | 4,098 | |
0.12 | Single-Family Home | $7,512,750 | 06/21/23 | 4 | 5 | 4,293 | |
0.17 | Single-Family Home | $7,150,000 | 10/27/23 | 5 | 6 | 4,307 | |
0.27 | Single-Family Home | $7,425,000 | 02/15/24 | 4 | 3 | 2,360 | |
0.43 | Single-Family Home | $3,200,000 | 04/01/24 | 5 | 4 | 2,350 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Corona del Mar
- Jen.mcgilloway
- Resident
- 3y ago
"Stunning sunset views , clean quiet neighborhood , adorable cottages , friendly people for the most part "
- Katherine V.
- Resident
- 3y ago
"The “jewel of the sea” is the perfect enclave in Newport Beach. Friendly neighborhood that is close to the beach"
- Erngbrh50
- Resident
- 3y ago
"The beaches and walking to restaurants is the best. People are super friendly and happy. It’s expensive to live here. "
- Kyle
- Resident
- 4y ago
"Not a lot of young families in this neighborhood but there are some. There are a few small but well equipped parks. Yards are small at most houses so, in most cases, there is not a lot of space for kids to play unless they go to a park. "
- Bruce C.
- Resident
- 4y ago
"Safe neighborhood, great people live here, very walkable with ocean breezes and the beach in walking distance. "
- Bruce C.
- Resident
- 4y ago
"This is a very dog-friendly neighborhood. Several parks for dogs to visit and owners are very courteous. "
- hoffman l.
- Resident
- 5y ago
"I work from home when not in meetings. So I guess you could say it take 15 minutes to commute to JWA and anywhere from 45 min to 3 hours to get to LAX. "
- Katherine V.
- Resident
- 5y ago
"CDM is a great community with lots off things to do and everything is in walking distance. Neighbors are friendly and if you can live through the constant construction it is a wonderful place to live"
- Katherine V.
- Resident
- 5y ago
"Great community, mix of home owners and renters and variety of home styles. Basically a quiet little Beach town that shuts down around 10. University students at fire pits at Corona Del Mar State Beach are cleared out by 10 via police patrols."
- Katherine V.
- Resident
- 5y ago
"Mix of homes and people make CDM unique and the proximity of the Ocean make it truly unique. The people are friendly and kind"
- Jwprpro
- Resident
- 5y ago
"Many rentals are not dog friendly. I am looking for a new place and I’m having a very hard time finding a dog friendly rental. "
- Julie L.
- Resident
- 5y ago
"The village is wonderful as you can walk to the beach or walk to the shops and restaurants. This home is beautiful and makes a wonderful shorter term lease or a longer term lease."
- Katherine V.
- Resident
- 5y ago
"Truly a diversity of ages in the area, everyone is friendly and look out for one another. You can walk to stores, restaurant and the beach"
- Katherine V.
- Resident
- 5y ago
"Wonderful community, with variety of ages and interests. Close to Ocean and within walking distance of shops, bars and restaurants "
- Brandon C.
- Resident
- 5y ago
"It’s a quite town on the beach. What’s not to love? Everything is within walking distance with plenty of live during the day and night! "
- Maryjohausman
- Resident
- 5y ago
"It is very pretty, great for walkers, or running. The restaurants are amazing, family friendly. They have concerts in the park in the summer. You can walk to the movies as well."
- Michael
- Resident
- 5y ago
"Small little village that is very quant, quiet and small enough where you can walk around to restaurants, shops or bars."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Arthur Dorr, Balboa Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
323 Iris Ave, Corona Del Mar, CA 92625 is a 6 bedroom, 4 bathroom, 2,492 sqft single-family home built in 1977. 323 Iris Ave is located in Corona del Mar, Corona Del Mar. This property is currently available for sale and was listed by CRMLS on Mar 7, 2024. The MLS # for this home is MLS# NP24045921.