305 .5 Fernleaf, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 2 bed, 4 bath
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Corona Del Mar, California 92625
This Luxury Coastal New Construction is listed at $3,500,000, reflecting a premium valuation for a unique asset relative to its $3,272,789 Fair Market Value. Boasting a Pristine Condition Rating, the 2025 residence features panoramic ocean, bay, and harbor views alongside high-end designer finishes and top-tier appliances. The inclusion of an active short-term rental permit provides rare investment flexibility in the heart of the Village. Located within the prestigious Newport Mesa Unified district, this turnkey home perfectly blends coastal elegance with income potential. It is an ideal match for Luxury-Seeking Professionals or Owner-Occupants seeking a sophisticated seaside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 305 .5 Fernleaf Subject | $3,500,000* List Price | 2 | 4 | 1,401 | $2,336 | - |
A 508 1/2 Acacia Sold | $2,795,000 | 2 | 3 | 1,417 | $1,972 | 0.2 mi |
B 506 1/2 Avocado Avenue Sold | $3,100,000 | 2 | 3 | 1,295 | $2,394 | 0.3 mi |
C 615 .5 Poppy Avenue Sold | $3,150,000 | 3 | 4 | 1,400 | $2,250 | 0.7 mi |
D 603 .5 Larkspur Ave. Sold | $2,800,000 | 3 | 3 | 1,250 | $2,240 | 0.3 mi |
E 611 .5 Jasmine Sold | $2,500,000 | 2 | 3 | 1,350 | $1,852 | 0.3 mi |
F 508 Goldenrod Avenue Sold | $4,450,000 | 3 | 4 | 1,761 | $2,527 | 0.1 mi |
G 605 1/2 Carnation Active | $3,349,000 List Price | 2 | 3 | 1,269 | $2,639 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 construction offering modern coastal architecture and high-end designer finishes. The property features top-tier appliances, custom cabinetry, and designer lighting throughout, meeting the highest current quality standards with no physical depreciation or deferred maintenance.
The property offers exceptional elevated views of the ocean, bay, and harbor, providing a rare and highly sought-after visual experience in the heart of Corona del Mar Village.
The inclusion of an active short-term rental permit provides significant investment flexibility and income potential, a rare and valuable asset in this restricted coastal market.
As a brand-new build, the residence features contemporary coastal architecture, high-end designer finishes, and top-tier appliances, ensuring a turnkey luxury lifestyle.
As a back unit with approximately 1,400 square feet of living space, the property may feel constrained for buyers accustomed to larger detached homes or more expansive floor plans.
The $3.5 million price point represents a premium valuation per square foot, which may challenge buyers focused on interior volume rather than view and rental permit utility.
Experience modern coastal living at its finest in this brand new built back unit located in the heart of Corona del Mar Village. This stunning two-bedroom, two-and-a-half-bath residence spans approximately 1,400 square feet and showcases panoramic ocean, bay, and harbor views from its elevated vantage point. Thoughtfully designed with high-end finishes, custom cabinetry, designer lighting, and top-tier appliances, the home offers a perfect blend of style and comfort. Expansive glass doors and inviting outdoor spaces maximize natural light and capture breathtaking coastal vistas. Additional highlights include an active SHORT-TERM RENTAL PERMIT, offering excellent flexibility for personal use or investment. With its ideal location just moments from the beach, boutiques, and restaurants of Corona del Mar, this home perfectly blends luxury, lifestyle, and income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 4.0 | 3.0 | 72% |
| Square foot | 1,401 | 1,708 | 26% |
| Lot Size | 3,750 | 3,542 | 67% |
| Price | $3.50M | $3.35M | 56% |
| Price per sq ft | $2.5K | $2.0K | 93% |
| Built year | 2025 | 2018 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 165 | 47% |
Nov 21, 2025
$3,500,000
Initial Listing