
Newport Beach, California 92625
This Turnkey Coastal Residence is a High-Potential Investment Opportunity, listed at $3,995,000—positioned above the $3,694,717 Fair Market Value. While priced for its premium location, the property offers an Excellent Condition Rating with high-end finishes like a chef's kitchen and panoramic ocean views. Situated in the Newport Mesa Unified district with access to 9/10 rated schools, this home provides a sophisticated lifestyle. It is an ideal acquisition for luxury owner-occupants or discerning buyers seeking a move-in ready sanctuary in the coveted Corona Del Mar community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 302 Carnation Avenue Subject | $3,995,000* List Price | 3 | 3 | 2,139 | $1,727 | - |
A 3611 Daffodil Avenue 38 Sold | $2,800,000 | 2 | 2 | 1,800 | $1,556 | 0.8 mi |
B 2525 Ocean Boulevard C-1 Sold | $3,501,200 | 4 | 3 | 2,456 | $1,426 | 0.1 mi |
C 604 1/2 Marigold Avenue Sold | $2,930,000 | 3 | 3 | 1,750 | $1,674 | 0.6 mi |
D 518 Poinsettia Avenue Sold | $4,350,000 | 3 | 4 | 1,941 | $2,241 | 0.7 mi |
E 428 Heliotrope Avenue Pending | $3,650,000 List Price | 3 | 3 | 2,119 | $1,723 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1991, the property has undergone a comprehensive, high-end renovation within the last 5 years. The interior features a modern chef's kitchen with a waterfall edge island and Sub-Zero appliances, updated spa-like bathrooms with custom herringbone tilework and freestanding tubs, and new wide-plank wood flooring, meeting the criteria for mint, turnkey condition.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Rare for the Corona del Mar area, this property features a finished 3-car garage plus a generous driveway that can accommodate an additional 3 to 6 vehicles, a significant asset in this high-density coastal neighborhood.
Situated on a quiet cul-de-sac just one block from the ocean, the home offers sweeping panoramic views of Newport Harbor, the Pacific Ocean, and Catalina Island from the primary suite terrace and expansive outdoor patio.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12877, other record lot size in square feet = 15605.
The monthly association fee of $1,104 is relatively high, which may impact the overall carrying costs and appeal for buyers comparing this to detached single-family homes in the area.
Despite its spacious feel and private amenities, the property is classified as a condominium, which may limit interest from luxury buyers specifically seeking fee-simple, detached residential ownership at the $4 million price point.
Rarely does a south of Bayside home become available. Especially one that has a combination of privacy, space, views and all of this parking in such a desired Corona Del Mar location. With a spacious master suite and ocean viewing terrace this home won't last long. Set on a quiet cul-de-sac on the coveted 300 block of Carnation Avenue, just one block from the ocean, this turnkey 3-bedroom 2.5- bath residence captures sweeping views of Newport Harbor, Fashion Island and the Pacific Ocean-all while placing the very best of CDM just moments from your door. Light- filled and beautifully designed, the home offers a spacious open-concept floor plan with wide plank wood flooring designer finishes, modern lighting, and walls of windows that frame the views and welcome fresh coastal breezes. The inviting living room centers around a contemporary fireplace and flows effortlessly into into the chefs kitchen, where an oversized waterfall edge island creates a natural gathering space. Sleek countertops, modern cabinetry, a herringbone backsplash, six burner range with double over, sub-zero refrigerator, wine fridge warming drawer andadditional premium appliances make the kitchen equally suited for everyday living and entertaining. A stylish wet bar and ice maker add even more functionality to the main living space. Upstairs, the spacious primary suite retreat, complete with its own fireplace walk-in closet, built in designer wardrobes and a beautifully appointed spa-like bath featuring dual vanities, a soaking tub, walk-in shower, skylight, and custom tilework. One of the home's standout features is the expansive outdoor patio, offering an incredible setting for dining, entertaining, or simply relaxing while taking in panoramic harbor and ocean views and spectacular coastal sunsets. Two additional bedrooms on thelower level provide flexibility for family, guests or additional workspace. A finished 3-car garage with epoxy flooring and storage is complemented by a generous driveway accomodating approximately 3-6 additional vehicles, depending on size.The garage also provides flexibility for a home gym, hobby space, or car collection. Turnkey, spacious, sand ideally positioned just steps from the beach and moments from the cafes, boutiques, and restaurants of CDM Village, this is an exceptional opportunity to enjoy Corona Del Mar lifetsyle with breathking views, abundant space, and the convienence of simply in and enjoying it!
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 1.3 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,139 | 1,509.941 |
| Lot Size | 12,877 | 43,037.647 |
| Price | $4.00M | $1.35M |
| Price per sq ft | $1.9K | $956 |
| Built year | 1991 | 1980 |
| HOA | $1104.0 | $664 |
| Days on market | 8 | 64 |
Sep 1, 2026
$3,995,000
Initial Listing
Aug 1, 2023
$3,000,000
Public Record
Sep 22, 2021
$2,440,000
Public Record