503 Marguerite, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 5 bed, 6 bath
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Corona Del Mar, California 92625
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $5,498,000 against a $4,719,029 Fair Market Value. While priced above the current estimation, the property offers a Mint Condition Rating with high-end modern renovations, including custom kitchens and spa-inspired baths. Located in the prestigious Newport Mesa Unified district with access to 9/10 rated schools, this asset provides exceptional flexibility for multi-generational living or rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 503 Marguerite Subject | $5,498,000* List Price | 5 | 6 | 2,802 | $1,684 | - |
A 603 Begonia Sold | $3,950,000 | 6 | 4 | 2,784 | $1,419 | 0.5 mi |
B 603 Begonia Sold | $3,950,000 | 0 | 0 | 2,784 | $1,419 | 0.5 mi |
C 707 Larkspur Avenue Active | $5,350,000 List Price | 5 | 6 | 3,108 | $1,721 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, this duplex has undergone a comprehensive, high-end remodel within the last 5 years. The property features a custom kitchen with stainless steel appliances, spa-inspired bathrooms with modern fixtures, new vinyl flooring, recessed lighting, and dual-pane windows. It is in mint, turnkey condition with no immediate maintenance required.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
As a fully remodeled turnkey duplex, this property offers exceptional versatility for generating rental income, multi-generational living, or allowing an owner-occupant to live in one unit while renting out the other.
Situated in the highly desirable heart of Corona del Mar, the property provides immediate access to renowned beaches, upscale dining, boutiques, Fashion Island, and top-rated schools.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2802, other record living area = 2598.
Despite the premium multi-million dollar price point in a luxury coastal community, the property only offers neighborhood views rather than ocean or panoramic vistas.
Listed at nearly $5.5 million for 2,802 square feet, the high cost per square foot may compress initial capitalization rates and rental yields for traditional real estate investors.
Rare opportunity to own a beautifully remodeled duplex in the heart of Corona del Mar, offering exceptional flexibility for owner-occupants, investors, or multi-generational living. The front residence features 3 bedrooms and 2.5 baths with an open-concept floor plan, custom kitchen with stainless steel appliances, center island, skylights, abundant natural light, vinyl flooring, interior laundry, and an attached two-car garage with epoxy flooring. The spacious primary suite offers a walk-in closet and spa-inspired bath with dual sinks and a multi-head walk-in shower. A large private front patio provides the perfect setting for entertaining and enjoying the coastal lifestyle. The rear residence offers 2 bedrooms and 2 baths and has been thoughtfully remodeled with quartz countertops, stainless steel appliances, vinyl flooring, recessed lighting, dual-pane windows, and an open living area filled with natural light. The primary suite features dual sinks and a walk-in closet, while a private patio with skylight creates a tranquil outdoor retreat. Located just moments from Corona del Mar's renowned restaurants, boutiques, beaches, Fashion Island, and John Wayne Airport, this turnkey duplex presents an incredible opportunity in one of Orange County's most sought-after coastal communities.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 2,802 | 2,784 |
| Lot Size | 3,537 | 3,537 |
| Price | $5.50M | $4.45M |
| Price per sq ft | $2.0K | $1.8K |
| Built year | 1970 | 1965 |
| HOA | $0 | $0 |
| Days on market | 27 | 144 |
Jun 25, 2026
$5,498,000
Initial Listing
Sep 23, 2020
$1,900,000
Public Record