521 1/2 Iris Avenue, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 2 bed, 3 bath

521 1/2 Iris Avenue, Corona Del Mar, California 92625 home-pic-0
ACTIVE$2,395,000
521 1/2 Iris Avenue, Corona Del Mar, California 92625
2Beds
3Baths
1,087Sqft
4,195Lot
Year Built
2024
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$2,203
HOA
-
Days on market
-
Sold On
-
MLS number
DW25189392
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
Deck
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $2.40M(29th), sqft - 1087(10th), beds - 2(35th), baths - 3(50th).

The Flower Streets, Tucked into the heart of Corona del Mar’s Village, 521 ½ Iris Avenue blends modern design with the relaxed charm of coastal living. This brand-new back unit built in 2024 is more than a home—it’s a lifestyle. Wake up and stroll to local cafés, spend afternoons at world-class beaches just blocks away, and enjoy evenings on your rooftop patio with panoramic city-light views. The residence offers approximately 1,100 square feet across three levels, with two bedrooms and two-and-a-half baths. An open-concept main level flows seamlessly from the living and dining areas into the kitchen and out to a covered deck, creating an effortless indoor/outdoor vibe. Thoughtfully designed with details like wide-plank white oak flooring, vaulted ceilings, custom tilework, accent walls, and indoor/outdoor audio, the home combines comfort with sophistication. The one-car garage features epoxy flooring and a modern glass roll-up door, complemented by an additional covered parking space. The chef-inspired kitchen showcases quartz countertops, white oak cabinetry, Thermador appliances—including a built-in refrigerator—open shelving, and a pot filler. Upstairs, the primary suite offers a private balcony, a walk-in closet, dual sinks, and a floating vanity. Clean, contemporary architecture enhances the exterior, while the unbeatable location puts you close to Fashion Island, Laguna Beach, boutique shops, top-rated schools, and the vibrant everyday energy of the Village.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.3mi
7/10
Abraham Lincoln Elementary School
Public,K-61.0mi
9/10
Roy O. Andersen Elementary School
Public,K-61.7mi
9/10
Newport Coast Elementary School
Public,PK-62.8mi
9/10
Corona Del Mar High School
Public,7-122.5mi

Price History

Date
Event
Price
08/21/25
Listing
$2,395,000
Condition Rating
Excellent

This property is a brand-new unit built in 2024, meeting the 'excellent' criteria for being newly built. The description highlights modern design, wide-plank white oak flooring, vaulted ceilings, and custom tilework. The kitchen is chef-inspired with quartz countertops, white oak cabinetry, and high-end Thermador appliances, including a built-in refrigerator and pot filler. Bathrooms feature modern floating vanities, dual sinks, and contemporary fixtures. All components are new, with no deferred maintenance and minimal physical depreciation, reflecting current quality standards.
Pros & Cons

Pros

Exceptional Coastal Location: Situated in the highly desirable Corona del Mar Village ('Flower Streets'), offering unparalleled walkability to beaches, cafes, and boutique shops, with easy access to Fashion Island and Laguna Beach.
Brand New, Modern Construction: Built in 2024, this property features contemporary architecture, an open-concept layout, and the benefits of new construction with minimal immediate maintenance concerns.
Premium Finishes & Chef's Kitchen: Boasts high-end details such as wide-plank white oak flooring, vaulted ceilings, custom tilework, indoor/outdoor audio, and a chef-inspired kitchen equipped with quartz countertops, white oak cabinetry, and Thermador appliances.
Rooftop Patio with City-Light Views: Provides a private and desirable outdoor living space with panoramic city-light views, enhancing the property's lifestyle appeal and entertainment potential.
Top-Rated School Access: Located within the Newport Mesa Unified School District, offering access to highly-rated elementary and high schools, a significant draw for families.

Cons

Compact Living Space for Price: With 1,087 square feet, the property offers relatively small living quarters for its $2.395M price point, which may limit appeal for buyers seeking more expansive space.
Condominium Ownership & Limited Private Yard: As a back unit condominium, it entails HOA fees and potential restrictions, and lacks a traditional private yard, with outdoor space primarily confined to a rooftop patio and covered deck.
Potential for Reduced Privacy/Noise: Being a 'back unit' in a dense village environment could lead to reduced privacy and potential for noise from adjacent units or shared spaces, common with multi-unit dwellings.

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