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Marissa Buss & Danny Lampert

marissabussre@gmail.com +1(818) 515-7131

Listed by Andre White • Pacific Sotheby's Int'l Realty

$ 3,600,000

Est. payment | -/mo

3 Beds

2 Baths

1,990 SqFt

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$ 3,600,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,990 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,990 sqft

Price per Sqft $1,809

MLS Listing ID NP-26094654

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1961

Lot Size 3,540 Sqft

Property Sub-Type Duplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

DEVELOPMENT OPPORTUNITY: Positioned on a coveted corner parcel in the heart of Corona del Mar's beloved Flower Streets, 501 Poinsettia presents a rare and compelling opportunity that extends far beyond its existing charm. Encompassing approximately 1,990 square feet, this duplex offers both immediate livability and exceptional potential for future development. The front residence features a thoughtfully designed two-bedroom, one-bath layout, complemented by a versatile den or dedicated office space. Privately set at the rear, the one-bedroom, one-bath unit includes its own washer and dryer and a secluded patio, creating an ideal retreat for guests or supplemental income. Framed by a fenced front yard and enhanced by a spacious two-car garage, the property enjoys an abundance of natural light thanks to its premier corner positioning. What truly distinguishes this offering is its extraordinary development potential. Situated on an enviable, flat parcel just a few blocks from the beach, the property presents a rare opportunity to reimagine the site with either two newly constructed luxury condominiums or a bespoke single-family residence, each option capturing the essence of elevated coastal living. Enjoy all the benefits of “The Village”—a world-renowned seaside community known for its walkable charm, beautiful beaches, boutique shops, acclaimed restaurants, weekly farmers market, and welcoming atmosphere. Just moments from Fashion Island, Pelican Hill Resort and Golf Course, cultural landmarks, and John Wayne Airport, this home offers an unbeatable location.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Interior

Interior Features Storage

Heating Forced Air

Cooling None

Fireplaces Type None

Inclusions Washer & Dryer

Laundry Dryer Included, Washer Included

Exterior

Garage Spaces 2.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected, Water Connected, Natural Gas Connected

View Y/N Yes

Building

Lot Description Corner Lot

Sewer Sewer Paid

Schools

Elementary Schools Harbor View

Middle Schools Corona Del Mar

High Schools Corona Del Mar

Nearby Locations

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Marissa Buss & Danny Lampert

Lic# 01770909 | 01834114

marissabussre@gmail.com

+1(818) 515-7131

2475 Townsgate Rd Ste. 160, Westlake Village, CA, 91361

501 Poinsettia Avenue Corona Del Mar, CA 92625

Marissa Buss & Danny Lampert

Key Details

Location

Interior

Exterior

Building

Schools

Nearby Locations

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501 Poinsettia Avenue