520 Iris Avenue Corona Del Mar, 92625

Bedrooms:
6
Bathrooms:
5
Square Feet:
3,649 sqft
Price $5,195,000 .00
Approx /month
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Sale Price:
$5,195,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Open Houses

Jun 3, 1:00 pm - 4:00 pm

Virtual Tour of 520 Iris Avenue , Corona Del Mar 92625

Property Description

Experience the luxury of a completely remodeled grand-fathered oversized duplex situated on a corner lot in the heart of the village! This exquisite showpiece has been extensively renovated in 2023, leaving no detail overlooked and offering a rare opportunity to live in what feels like new construction with the benefit of more footage than new construction allows! You can never re-build this large. This special 3,649 sf property features two large units with designer touches, spacious patios and balconies, a turfed entertainment deck, an oversized 2-car garage PLUS a rare bonus 225 sf basement! This perfect investment offers the opportunity to live in one unit and rent out the other for upwards. The lower and upper units are beautifully designed open floor plans with French white oak floors throughout. The downstairs unit is a unique 3 bed, 2.5 bath, 1873sf masterpiece with an 11ft high kitchen ceiling + 9ft living area ceiling. The upstairs unit is a 3bed, 2 bath, 1776 sf with a laundry room that can be converted to a powder room + an outdoor deck that serves as an extension of the home - an outdoor room for grilling, entertaining and nights around the firepit. Both units boast custom kitchen cabinetry, granite countertops, stainless-steel appliances, drought tolerant landscaping and an eye-catching New Tech siding that never fades nor has to be oiled like Ipe. The incredible corner location bestows abundant natural light on both units from sunlight to sunset. Nestled in the heart of the Village, this divine duplex is steps to the beach, shops, neighborhood restaurants, and minutes from Fashion Island, the Freeways, Pelican Hill Golf Course, and John Wayne Airport. This distinguished home is the epitome of California coastal living and wont be available for long. Don't wait to make this stunning home yours!

General Information

Listing Attribution:
eXp Realty of Southern Ca, Inc
Listing Agent:
Steven "Bud" Mastropaolo
CalBRE#:
01976149
Price:
$5,195,000
Status:
Active
Listing Updated:
6/3/2023
List Date:
4/13/2023
Close Date
Square Feet:
3,649
Bedrooms:
6
Bathrooms:
5
Garage Spaces:
2.00
Year Built:
1973
City:
Corona Del Mar
Zip:
92625
County:
Orange
MLS ID:
NP23066303
Buyer Agency Compensation:
2.500%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Built-in Features, Balcony, Ceramic Counters, Cathedral Ceiling(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Galley Kitchen, Main Level Master
Exterior Features:
Fire Pit
Appliances:
Flooring:
Laundry:
Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks
Architectural Style:
Levels:
Two
Fireplace Features:
Gas
Cooling:
Central Air, Gas
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
CS - Corona Del Mar - Spyglass

Lot Information

Lot Size (sq feet):
3,485

Location Information

Directions:
From PCH, head east, property is on the right at the corner of Iris and 3rd Ave