
Corona Del Mar, California 92625
This Coastal Residential Property represents a Strong Value Opportunity, listed at $7,000,000—positioned well below the $7,887,533 Fair Market Value by 11%. This valuation gap offers $887,533 in Instant Equity. Featuring panoramic harbor and ocean views, a view deck, and private patio access, the home maintains a Condition Rating of 4. Located in the top-tier Newport Mesa Unified district, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier coastal lifestyle with significant upside potential.
Stunning 3-bed Corona Del Mar home with panoramic ocean views. Listed at $7M, offering $887k in instant equity. Top-rated schools, prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2712 Shell Street Subject | $7,000,000* List Price | 3 | 4 | 1,672 | $4,717 | - |
A 2708 Shell Street Active | $8,990,000 List Price | 3 | 3 | 1,685 | $5,335 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962 with a renovation that appears to be over 20 years old. While the home is well-maintained and staged, the kitchen features dated white square tile with diamond accents, older raised-panel cabinetry, and white appliances consistent with a late 1990s or early 2000s remodel. The property is functional and move-in ready but requires cosmetic updates to the kitchen and baths to meet modern luxury standards.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated 'South of PCH' and just one home back from the beach, this property offers a premier location with immediate proximity to the sand and harbor.
The home captures stunning harbor, marina, and ocean views from the primary suite and the main open-concept living areas, maximizing its coastal appeal.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1800, living area = 1672.
With a list price of $7 million for 1,672 square feet, the property carries a significant premium that may be a hurdle for value-conscious buyers.
The modest 1,800 square foot lot and compact interior square footage may feel restrictive for those seeking a more expansive luxury estate.
Just one home back from the beach, this 3-bedroom, 3-bath retreat offers nearly 1,700 square feet of living space. Harbor and ocean views stretch across the main living areas, kitchen, dining space, and primary suite. The water is never out of sight whether you're cooking dinner, hosting guests, or waking up to the coastline. The primary suite complemented by dual sinks and abundant storage also captures views of the sand and harbor. Downstairs, two secondary bedrooms share a hall bath and each opens directly to the back patio. This layout gives guests or family their own private access to the outdoors, ideal for morning coffee or an easy transition from bedroom to backyard. The main level is built for taking it all in: an open living room, kitchen, and dining space flows out to a viewing deck, made for watching the boats go by on the water. When it's time to unwind further, the back patio offers even more room to stretch out, with space to dine al fresco and enjoy the coastal air. Whether you're after a laid-back beach getaway or a full-time coastal residence, 2712 Shell delivers the perfect location, the light, and the layout. The home is also elevator-ready, offering the flexibility to add one down the line.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-6 • 1.4 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 3.4 |
| Square foot | 1,672 | 2,925.697 |
| Lot Size | 1,800 | 6,988.576 |
| Price | $7.00M | $6.26M |
| Price per sq ft | $4.2K | $2.1K |
| Built year | 1962 | 1984 |
| HOA | $0 | $678 |
| Days on market | 41 | 82 |
Jul 30, 2026
$7,000,000
Initial Listing
Feb 15, 2005
$2,100,000
Public Record