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

2727 Ocean Boulevard, Corona Del Mar, California 92625 home-pic-0

2727 Ocean Boulevard

Corona Del Mar, California 92625

ACTIVE
CONDITION: FAIR
3Beds
5Baths
3,684Sq Ft
6,240Lot Size

Property Price

LIST PRICE$9,995,000
EST. MARKET VALUE
$10,117,160

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

$10,117,160
Based on Realkey algorithm analyzing recent comparable sales in Corona Del Mar.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2727 Ocean Boulevard
Subject
$9,995,000*
List Price
353,684$2,746-
A
222 Orchid Avenue
Active
$7,995,000
List Price
453,415$2,3410.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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

9/10

Abraham Lincoln Elementary School

Grades K-6 • 1.4 mi

7/10

Roy O. Andersen Elementary School

Grades K-6 • 2.1 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
47%
Baths5.04.0
70%
Square foot3,6842,796
74%
Lot Size6,2409,176
30%
Price$9.99M$5.75M
81%
Price per sq ft$2.7K$2.0K
83%
Built year19561974
11%
HOA$0$192
23%
Days on market29208
2%

Pricing History

Listed for Sale

Feb 6, 2026

$9,995,000

Initial Listing

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