0.jpg
1 / 75

520 Iris, Corona del Mar, CA 92625

$5.50M0ba · 3,649 sqft
Lot 3,485 sqft•Duplex•
Active
•153d on market•MLS# NP-26097495

Property Description

Experience refined coastal living in this fully remodeled, grandfathered oversized duplex on a prime corner lot in the heart of the Village. Taken down to the studs in 2023, this exceptional property delivers the feel of brand-new construction, while offering a scale and square footage that simply can’t be replicated today. Spanning 3,649 square feet, the residence features two expansive units, each thoughtfully designed with high-end finishes, open-concept layouts, and seamless indoor-outdoor living. Enjoy spacious patios and balconies, a turfed entertainment deck, an oversized two-car garage, and a rare 225-square-foot basement, an uncommon bonus in this area. The lower unit is a standout 3-bedroom, 2.5-bath home offering 1,873 square feet, highlighted by soaring 10-foot ceilings in the kitchen and 9-foot ceilings in the living area. Upstairs, the 1,776-square-foot unit includes 3 bedrooms and 2 baths, plus a versatile laundry room that can be converted into a powder room. Its expansive outdoor deck serves as an additional living space, perfect for entertaining, dining, or relaxing by the fire pit. Both units feature French white oak flooring, custom cabinetry, granite countertops, stainless steel appliances, and drought-tolerant landscaping. The exterior is finished with striking New Tech siding for lasting durability and low maintenance. Positioned on a coveted corner, the home is filled with natural light from sunrise to sunset. This rare investment opportunity allows for flexible living, occupy one unit while generating income from the other. Ideally located just steps from the beach, shops, and local dining, and minutes from premier destinations and major conveniences, this property captures the essence of elevated California coastal living. A truly one-of-a-kind offering, don’t miss your chance to own it.

Features & Amenities

FeeBuilt 1973

Property Details

Land Type
Fee
Year Built
1973
Property Type
Residential Income
Property Subtype
Duplex
Parking Spaces
2
Garage Spaces
2
Heating
Central
View
Panoramic, Mountain(s), Hills
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byUnknown Office, Steven "Bud" Mastropaolo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$27,785.71
Principal & Interest
Loan Amount
$4,396,000
Total Interest
$5,606,856
Total Payment Over 30 Years
$10,002,856
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Generating Comparative Market Analysis...