521 1/2 Iris Avenue, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 2 bed, 3 bath
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Corona Del Mar, California 92625
This Luxury New Construction Coastal Sanctuary is listed at $2,295,000, representing a stable and fair valuation for a 2024 custom build relative to its $2,229,304 Fair Market Value. Boasting a Pristine Condition Rating, the residence features a chef-inspired kitchen with Thermador appliances, wide-plank white oak flooring, and a private rooftop patio with panoramic city-light views. Located in the prestigious "Flower Streets," the home offers elite walkability and access to Top-Rated 9/10 Schools including Harbor View Elementary and Corona Del Mar High. This turn-key village home is an ideal match for Luxury Home Seekers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 1/2 Iris Avenue Subject | $2,295,000* List Price | 2 | 3 | 1,087 | $2,051 | - |
A 603 .5 Larkspur Ave. Sold | $2,800,000 | 3 | 3 | 1,250 | $2,240 | 0.2 mi |
B 714 1/2 Iris Avenue Sold | $2,285,000 | 2 | 2 | 1,219 | $1,874 | 0.1 mi |
C 503 503.5 Poinsettia Sold | $1,900,000 | 2 | 3 | 1,165 | $1,631 | 0.4 mi |
D 508 1/2 Acacia Sold | $2,795,000 | 2 | 3 | 1,417 | $1,972 | 0.4 mi |
E 611 .5 Jasmine Sold | $2,500,000 | 2 | 3 | 1,350 | $1,852 | 0.1 mi |
F 416 Dahlia A2 Sold | $2,875,000 | 2 | 3 | 1,346 | $2,136 | 0.2 mi |
G 512 1/2 Marigold Avenue Pending | $2,850,000 List Price | 2 | 3 | 1,200 | $2,375 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 construction in pristine condition. It features high-end luxury finishes including Thermador appliances, wide-plank white oak flooring, quartz countertops, and custom tilework. The modern design includes floating vanities, vaulted ceilings, and integrated smart home features, meeting the highest current quality standards with no deferred maintenance.
Elementary School: Roy O. Andersen Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated in the prestigious 'Flower Streets' of Corona del Mar, the property offers unparalleled walkability to world-class beaches, luxury boutiques, and gourmet dining in the heart of the Village.
Built in 2024, this home features high-end contemporary finishes including Thermador appliances, wide-plank white oak flooring, and vaulted ceilings, providing a sophisticated, turn-key luxury experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4195, other record lot size in square feet = 3527. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1087, other record living area = 2168.
At approximately 1,100 square feet, the living space is relatively compact for the $2.295M price point, which may be a constraint for buyers requiring more room.
As a back-unit condominium, the property lacks a traditional front yard and may offer less privacy and street presence than a front-unit or detached residence in the same area.
Located within the coveted Flower Streets of Corona del Mar’s Village, 521 ½ Iris Avenue presents a rare opportunity to own a brand-new coastal residence just moments from the area’s best beaches, dining, and boutique shopping. Built in 2024, this thoughtfully designed back unit spans approximately 1,100 square feet across three levels, offering 2 bedrooms and 2.5 bathrooms with a seamless blend of modern design and everyday functionality. The open-concept main level connects the living and dining areas to a chef-inspired kitchen, all flowing effortlessly to a covered deck—ideal for indoor-outdoor living. The kitchen is appointed with quartz countertops, white oak cabinetry, Thermador appliances including a built-in refrigerator, open shelving, and a pot filler, delivering both style and performance. Throughout the home, wide-plank white oak flooring, vaulted ceilings, custom tilework, accent walls, and integrated indoor-outdoor audio create a clean, elevated aesthetic. Upstairs, the primary suite serves as a private retreat, complete with its own balcony, walk-in closet, dual sinks, and a floating vanity. A rooftop patio crowns the home, offering panoramic city-light views and an ideal setting for relaxing or entertaining. Additional highlights include a one-car garage with epoxy flooring and a modern glass roll-up door, along with a covered parking space for added convenience. Perfectly positioned in the heart of the Village, the home is just blocks from the beach and within close proximity to Fashion Island, Laguna Beach, top-rated schools, and the vibrant coastal lifestyle that defines Corona del Mar
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,087 | 1,708 | 7% |
| Lot Size | 4,195 | 3,542 | 74% |
| Price | $2.29M | $3.15M | 28% |
| Price per sq ft | $2.1K | $2.0K | 58% |
| Built year | 2024 | 2018 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 165 | 7% |
Apr 15, 2026
$2,295,000
Initial Listing
Nov 12, 2024
$2,120,000
Public Record
Oct 10, 2024
$4,100,000
Public Record
Nov 17, 2020
$2,000,000
Public Record