
Corona Del Mar, California 92625
This Bayfront Residential Estate is a High-Potential Investment Opportunity, listed at $16,495,000—positioned slightly above the $16,006,333 Fair Market Value. While the home maintains a Condition Rating of 4, the 1993 remodel offers a canvas for modernization to reach current ultra-luxury standards. Featuring 51’ of harbor frontage, a shared boat dock, and a three-car garage, the property provides rare amenities in a premier location. With access to top-rated schools like Harbor View Elementary and Corona Del Mar High, this is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2027 Bayside Drive Subject | $16,495,000* List Price | 4 | 4 | 4,921 | $3,253 | - |
A 2800 Ocean Boulevard Active | $14,995,000 List Price | 4 | 4 | 4,770 | $3,144 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a major remodel from 1993 (31 years old), placing it at the edge of the 'Fair' and 'Poor' age brackets. While the home is exceptionally well-maintained with high-end Wolf/SubZero appliances and new carpeting, the kitchen's white laminate cabinetry and the bathrooms' tile and vanity styles are aesthetically dated and require modernization to meet current luxury standards.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Boasting 51 feet of harbor frontage, the property offers unparalleled panoramic views of the Newport Harbor jetty, Balboa Pavilion, and Balboa Island from nearly every room.
The residence includes a rare three-car garage with motorcourt turn-around access and a shared boat dock accommodating vessels up to 50 feet, a significant advantage on Bayside Drive.
Although high-quality, the last major remodel was completed in 1993, meaning some interior finishes and systems may require updating to meet modern ultra-luxury standards.
The boat dock is a shared amenity rather than private, which may be a drawback for high-end buyers seeking total exclusivity for their maritime activities.
Where harbor light dances across the water and nearly every window seems to frame a postcard, this bayfront residence remodeled in 1993 by acclaimed architect Brion Jeannette presents one of the most captivating settings along Newport Harbor’s coveted Bayside Drive, with approximately 51’ of frontage and sweeping views spanning the harbor from the jetty to the Balboa Pavilion. Multiple bayfront terraces and a spa extend the living experience outdoors, while a shared boat dock accommodating vessels up to 50’ puts Newport Harbor’s boating lifestyle right at the doorstep. Spanning appx. 4,921 SF with 4 bedrooms and 4 bathrooms, the residence balances generous scale with an intimate, livable flow. A gated entry, tucked beneath a canopy of mature trees and framed by a dramatic stone archway, leads to leaded-glass front doors and opens to a motorcourt with rare turn-around access and a three-car attached garage, a true rarity on Bayside Dr. Inside, walls of glass, Vermont slate flooring, and a spiral staircase rising beneath a skylight set the tone for a home designed around the harbor. A tiled fireplace anchors the living room, which flows directly onto the bayfront patio where sailboats and yachts glide by just beyond the glass railing. Nearby, a dining area is wrapped in windows framing sweeping views of Newport Harbor, Balboa Peninsula and Peninsula Point, Balboa Island, and the passing parade of boats. The kitchen features granite countertops and backsplash, built-in Wolf and SubZero appliances, a mounted TV, and desk nook. Just beyond, a stone courtyard with a bubbling fountain and al fresco dining area creates a peaceful outdoor retreat. The main level continues with two bedrooms—one en suite—along with a bonus room and full bathroom. Upstairs, the primary suite unfolds with a private balcony, fireplace, sitting area, built-in shelving, and new carpet, all drinking in views of the harbor below. A flexible bonus space, perfectly suited to an exercise area, bridges the primary bathroom and the walk-in closet. Rounding out the second level is an office with built-in desk and shelving, temperature-controlled wine cellar, and secondary en suite bedroom distinguished by an artist-designed round leaded-glass window. Shaped by water, light, and privacy, this exceptional residence captures the very best of Newport Harbor living.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.4 |
| Square foot | 4,921 | 2,925.697 |
| Lot Size | 8,160 | 6,988.576 |
| Price | $16.50M | $6.26M |
| Price per sq ft | $3.4K | $2.1K |
| Built year | 1957 | 1984 |
| HOA | $0 | $678 |
| Days on market | 29 | 82 |
Aug 11, 2026
$16,495,000
Initial Listing