2727 Ocean Boulevard, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 3 bed, 5 bath

2727 Ocean Boulevard
Corona Del Mar, California 92625
Property Price
SUMMARY
Analysis of 2727 Ocean Boulevard, Corona Del Mar, California 92625 reveals a Fairly Priced Property with a current list price of $9,995,000 aligned with the estimated $10,117,160 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Corona Del Mar Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2727 Ocean Boulevard Subject | $9,995,000* List Price | 3 | 5 | 3,684 | $2,746 | - |
A 222 Orchid Avenue Active | $7,995,000 List Price | 4 | 5 | 3,415 | $2,341 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, the home is well-maintained and has been 'refreshed' with new paint and updated bathrooms, ensuring immediate livability. However, the kitchen remains dated with older cabinetry and appliances, and the overall architectural style and systems reflect its original era rather than a full modern renovation, meeting the criteria for fair condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Iconic Coastal Views
Perched above China Cove, the property offers unparalleled panoramic views of Newport Harbor, the Wedge, and Catalina Island, representing some of the most coveted vistas in Corona del Mar.
- Prime Location & Lifestyle
Situated on the prestigious Ocean Boulevard, the home provides immediate access to world-class beaches, village shops, and acclaimed dining, epitomizing the luxury coastal lifestyle.
CONSRISKS & DEFICIENCIES
- Dated Architectural Era
Originally built in 1956, the home’s layout and core systems may lack the modern open-concept flow and high-tech amenities expected by contemporary luxury buyers.
- Premium Land Value
The $9.995M price point is heavily weighted toward the land and location, which may require a substantial additional investment for a full-scale renovation or reconstruction.
About 2727 Ocean Boulevard
Perched above the picturesque shoreline of China Cove, this rare offering captures some of the most captivating views in all of Corona del Mar. From this elevated vantage point, enjoy sweeping panoramas of Newport Harbor, the world-famous Wedge, sparkling city lights, Catalina Island, and the expansive Pacific Ocean. The residence has been thoughtfully refreshed with fresh interior paint throughout and updated bathrooms, creating a light, clean, and welcoming coastal retreat that is ready to be enjoyed today. Whether used as a primary residence, beach getaway, or investment property, the home offers immediate livability paired with timeless charm. For those looking ahead, the property also presents a compelling long-term opportunity, with the potential to reimagine or rebuild a custom estate, perfectly positioned to maximize the extraordinary views. Situated along Ocean Boulevard just moments from the beach, village shops, and acclaimed restaurants, 2727 Ocean Blvd embodies the essence of coastal living—offering both instant enjoyment and future potential in one of Corona del Mar’s most iconic settings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,240 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Corona Del Mar Unified Schools
Harbor View Elementary School
Grades PK-6 • 0.7 mi
Abraham Lincoln Elementary School
Grades K-6 • 1.4 mi
Roy O. Andersen Elementary School
Grades K-6 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 5.0 | 4.0 | 70% |
| Square foot | 3,684 | 2,796 | 74% |
| Lot Size | 6,240 | 9,176 | 30% |
| Price | $9.99M | $5.75M | 81% |
| Price per sq ft | $2.7K | $2.0K | 83% |
| Built year | 1956 | 1974 | 11% |
| HOA | $0 | $192 | 23% |
| Days on market | 29 | 208 | 2% |
Pricing History
Listed for Sale
Feb 6, 2026
$9,995,000
Initial Listing





















































