
Corona Del Mar, California 92625
This High-Potential Investment Opportunity is listed at $1,995,000, positioned well below the $2,069,282 Fair Market Value by 3%. This valuation gap provides $74,282 in Instant Equity. Featuring a Condition Rating of 3, the residence offers a Granite Kitchen and Cathedral Ceilings with significant upside for cosmetic modernization. Located in the prestigious Corona Del Mar Village near Top-Rated Schools (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Seaward Road 6 Subject | $1,995,000* List Price | 2 | 3 | 1,501 | $1,379 | - |
A 2741 Bungalow Place Sold | $2,035,000 | 2 | 2 | 1,476 | $1,379 | 0.9 mi |
B 618 Iris Avenue B Sold | $2,100,000 | 3 | 3 | 1,484 | $1,415 | 0.6 mi |
C 501 1/2 Poppy Sold | $2,175,000 | 3 | 3 | 1,542 | $1,411 | 0.1 mi |
D 407 1/2 Goldenrod Sold | $2,235,000 | 2 | 3 | 1,566 | $1,427 | 0.7 mi |
E 717 Orchid Avenue 1/2 Sold | $1,960,000 | 4 | 3 | 1,307 | $1,500 | 0.2 mi |
F 3720 Lilac Avenue 61 Sold | $2,090,000 | 2 | 2 | 1,425 | $1,467 | 0.3 mi |
G 401 Seaward Road 2 Active | $2,395,000 List Price | 3 | 3 | 1,898 | $1,262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure was built in 1991 (35 years old), the interior features a significant renovation likely completed 10-15 years ago. The kitchen and bathrooms are updated with dark wood cabinetry, granite countertops, and stainless steel appliances. The home appears well-maintained, functional, and move-in ready, though the listing description suggests it is a candidate for further cosmetic modernization.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the prestigious Corona Del Mar Village, this property offers an enviable lifestyle with private beach access and close proximity to high-end shopping, dining, and local beaches.
The interior features cathedral ceilings and an open-concept main level that maximizes natural light, creating an airy and spacious atmosphere rarely found in similar square footage.
The property is positioned as an opportunity to 'bring new life' to the home, suggesting that the interior finishes may be dated and require additional capital investment for modern upgrades.
With a monthly association fee of $800, the ongoing maintenance costs are relatively high, which may impact the overall value proposition for budget-conscious buyers or investors.
Experience the ease of Corona del Mar Village living from this light-filled residence in Villa de Este, a community within Corona Highlands. Offering approximately 1,501 square feet with two bedrooms and two-and-one-half bathrooms, the home is designed for effortless, lock-and-leave coastal living just moments from the village’s beloved shops, cafés, restaurants, beaches, and everyday conveniences. An open-concept main level welcomes natural light throughout, with cathedral ceilings enhancing the family room’s airy feel and a fireplace adding warmth and character. The well-equipped kitchen opens to the dining and living areas, creating an easy flow for daily living or entertaining, while peek-a-boo ocean views add a subtle coastal backdrop. Just beyond, the family room extends to a private balcony, where ocean breezes create a quiet place to unwind. Both bedrooms are thoughtfully located downstairs, including a spacious primary suite with an ensuite bath featuring dual sinks and a walk-in shower. Set within a secure, gated enclave, the residence also includes two dedicated subterranean parking spaces. With private beach access and close proximity to Fashion Island, Crystal Cove, Pelican Hill Resort, and the best of Corona del Mar Village, this is an exceptional opportunity to bring new life to a home in one of the coast’s most sought-after settings.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,501 | 1,554 | 48% |
| Lot Size | 43,575 | 3,542 | 90% |
| Price | $2.00M | $3.12M | 13% |
| Price per sq ft | $1.3K | $1.9K | 4% |
| Built year | 1991 | 2016 | 21% |
| HOA | $800.0 | $0 | 88% |
| Days on market | 24 | 148 | 6% |
May 13, 2026
$1,995,000
Initial Listing
Oct 25, 2010
$519,000
Public Record
Jul 17, 1997
$293,000
Public Record