4621 Hampden Rd, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 3 bed, 3 bath

4621 Hampden Rd, Corona Del Mar, California 92625 home-pic-0
ACTIVE$5,700,000
4621 Hampden Rd, Corona Del Mar, California 92625
3Beds
3Baths
2,047Sqft
13,503.6Lot
Year Built
1959
Close
-
List price
$5.7M
Original List price
$5.7M
Price/Sqft
$2,785
HOA
$1,050
Days on market
-
Sold On
-
MLS number
OC25127680
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Golf Course, Ocean, Trees/Woods
Patio
ViewPark/Greenbelt,Golf Course,Ocean,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,7 Pros. Rank: price - $5.70M(59th), sqft - 2047(24th), beds - 3(50th), baths - 3(50th).

Elegant Coastal Living | Beautifully Remodeled Home in the Coveted Cameo Shores Community! As a resident of Cameo Shores, you enjoy exclusive access to the stunning private beaches, unlocked by your key to two separate entrances. These beaches are not only breathtaking, featuring incredible rock formations, but also offer a sense of privacy that's hard to find elsewhere. Additionally, residents can take advantage of scenic beach trails that meander through the picturesque Pelican Hill Golf Course, providing a perfect blend of nature and recreation. The unique pathways in the community connect you seamlessly to Third Beach in Corona del Mar and Crystal Cove State Beach, allowing for easy enjoyment of walking and surfing. Ultimately, you also have the opportunity to explore the beautiful Crystal Cove State Park, as well as the charming Village of Corona Del Mar, thereby enhancing your coastal living experience. This stunning property is situated on a rare 0.31-acre lot with great appreciation potential, Nestled in a private corner, this home features a tranquil backyard, front yard, and side yard that ensure ample natural light and privacy. Floor-to-ceiling windows beautifully integrate the natural landscape of the yard with the open-concept layout. The spacious design includes a large kitchen, a generous master suite, two additional bedrooms, a home office, and an outdoor dining terrace, all thoughtfully arranged. The garage and front yard provide convenient parking options. The entire home has undergone extensive renovation and upgrading. .A significant highlight is the rare 0.31-acre lot, which offers the potential for an ADU expansion or the construction of a new luxury home up to 8,000 square feet, complete with architect-designed plans included. This property presents tremendous potential for appreciation. Community Amenities: The private park and playground in Cameo Shores provide a safe space for families, allowing children and pets to play freely. Excellent School District: Rated 10/10, offering outstanding educational resources.Low Property HOA: Only $1,050 per year. For more details please don't hesitate to contact Lynn Paris at 949-351-1343.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-61.2mi
7/10
Abraham Lincoln Elementary School
Public,K-61.5mi
9/10
Roy O. Andersen Elementary School
Public,K-62.2mi
9/10
Newport Coast Elementary School
Public,PK-62.3mi
9/10
Corona Del Mar High School
Public,7-123.3mi
Condition Rating
Excellent

Despite being built in 1959, the property has undergone extensive and high-quality renovations throughout, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features modern stainless steel appliances, contemporary light wood cabinetry, stone countertops, and recessed lighting. The bathroom is also updated with stylish fixtures, a modern vanity, and a charming clawfoot tub. All visible components appear new or virtually new, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13503, living area = 2047.
Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Exclusive Community Privileges: Residents enjoy exclusive access to private beaches, scenic trails through Pelican Hill Golf Course, and proximity to Crystal Cove and Corona del Mar Village, offering an unparalleled coastal lifestyle.
Significant Development Potential: A rare 0.31-acre lot includes architect-designed plans for a new 8,000 sqft luxury home or ADU expansion, promising substantial future appreciation and investment opportunity.
Extensively Renovated Interior: The entire home has undergone extensive renovation and upgrading, providing a modern, move-in ready living space with an open-concept layout and floor-to-ceiling windows.
Top-Rated School District: Located within a 10/10 rated school district, making it highly attractive for families seeking outstanding educational resources.
Desirable Views: The property offers appealing views of the park/greenbelt, golf course, ocean, and trees/woods, enhancing its aesthetic and overall value.

Cons

Perceived Overpricing: The current list price of $5.7M is significantly above the estimated value of $4.75M (a 16% difference), which may deter potential buyers or prolong market time.
Original Construction Age: Built in 1959, the property's older original construction, despite renovations, might present concerns regarding long-term maintenance or require further updates for some buyers.
Limited Current Living Space for Lot Potential: The existing 2,047 sqft home is relatively modest for a 0.31-acre lot with 8,000 sqft build potential, suggesting that a buyer's primary investment is in the land for future development rather than the current structure.

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