2618 Cove Street, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 3 bed, 4 bath

2618 Cove Street, Corona Del Mar, California 92625 home-pic-0
ACTIVE$4,999,000
2618 Cove Street, Corona Del Mar, California 92625
3Beds
4Baths
1,896Sqft
2,174Lot
Year Built
2009
Close
-
List price
$5M
Original List price
$5.7M
Price/Sqft
$2,637
HOA
-
Days on market
-
Sold On
-
MLS number
OC24255404
Home ConditionExcellent
Features
Excellent View: Neighborhood, Ocean, Panoramic
Deck
Patio
ViewNeighborhood, Ocean, Panoramic

About this home

We found 4 Cons,6 Pros. Rank: price - $5.00M(49th), sqft - 1896(14th), beds - 3(50th), baths - 4(61th).

Look no further than 2618 Cove St. in the exclusive neighborhood of China Cove! Just steps from the sandy beach of Newport Harbor, you will enjoy fantastic panoramic ocean and harbor views from the rooftop deck perfect for entertaining guests or taking in a spectacular sunset. With a modern architectural design, the home offers bi-folding doors throughout to create an indoor-outdoor living experience. The gourmet kitchen has been beautifully appointed with gorgeous modern design, SubZero refrigerator, Viking stainless steel appliances and an island with barstool seating. The family room boasts a handsome fireplace, surround sound and bi-folding doors opening up to the private backyard. From the second floor, one can relax and enjoy the ocean breeze from the beautiful Primary Suite where you will find a spacious spa-like retreat including a jacuzzi tub, a walk-in glass shower with a rainfall shower head, dual vanities, and two walk-in closets. Down the hall are two secondary bedrooms each with an ensuite bath, as well as an upstairs laundry room. A spiral staircase leads to the rooftop where you'll find 180-degree views of the harbor. This is an incredible opportunity to own a home in China Cove just steps from pristine sandy beaches of Newport Harbor and centrally located just walking distance to the Village of Corona del Mar. We look forward to sharing this incredible China Cove property with you!

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.7mi
7/10
Abraham Lincoln Elementary School
Public,K-61.4mi
9/10
Roy O. Andersen Elementary School
Public,K-62.1mi
9/10
Newport Coast Elementary School
Public,PK-63.2mi
9/10
Corona Del Mar High School
Public,7-122.7mi
Condition Rating
Excellent

Built in 2009, this property presents in virtually new condition with a modern architectural design. The gourmet kitchen features high-end SubZero and Viking stainless steel appliances, contemporary cabinetry, and sleek countertops. Bathrooms are spa-like, particularly the primary suite with its jacuzzi tub, rainfall shower, and dual vanities, all showcasing modern fixtures and pristine tiling. High-quality flooring and lighting are consistent throughout, with no visible signs of wear, tear, or deferred maintenance, meeting current luxury standards.
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Prime Coastal Location: Situated in the exclusive China Cove neighborhood, just steps from the sandy beaches of Newport Harbor and within walking distance to the Village of Corona del Mar, offering unparalleled access to coastal living and amenities.
Panoramic Ocean & Harbor Views: Features a spectacular rooftop deck providing fantastic 180-degree panoramic views of the ocean and Newport Harbor, ideal for entertaining and enjoying sunsets.
Modern Architectural Design & Indoor-Outdoor Living: Boasts a modern architectural design with bi-folding doors throughout, seamlessly blending indoor and outdoor spaces for an expansive living experience.
Gourmet Chef's Kitchen: Equipped with a beautifully appointed gourmet kitchen featuring modern design, high-end SubZero refrigerator, Viking stainless steel appliances, and an island with barstool seating.
Luxurious Primary Suite: The primary suite offers a spacious spa-like retreat with a jacuzzi tub, walk-in glass shower with rainfall shower head, dual vanities, and two walk-in closets, providing a private sanctuary.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2174, living area = 1896.
Compact Lot Size: The property sits on a relatively small lot of 2,174 sqft, which may limit extensive outdoor living space beyond the private backyard and rooftop deck.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $5,699,000 to $4,999,000, which could indicate a previous overvaluation or market resistance.
Modest Interior Square Footage for Price Point: With 1,896 sqft of living space, the interior square footage might be considered modest for a luxury home in this exclusive coastal market at a nearly $5 million price point.

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