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502 Fernleaf Avenue, 2, Corona del Mar, CA 92625

$2.60M3bd · 3ba · 1,569 sqft
Lot 3,541 sqft•Condominium•
Active
•10d on market•MLS# NP-26222385

Property Description

Situated south of Pacific Coast Highway in Corona del Mar Village, this light and bright rear residence offers approximately 1,570 square feet, three bedrooms, and three full bathrooms, including two primary suites. With its distinctive architectural details and versatile multi-level floor plan, this home offers an appealing blend of character and comfort. A charming yellow Dutch door welcomes you inside from the courtyard. Expansive windows fill the living spaces with natural light, while high ceilings, wood flooring throughout, and two fireplaces create a warm and inviting atmosphere, complemented by central air conditioning. The second-floor primary suite features a fireplace, soaking tub, and cedar-lined closet. Upstairs, the third-floor primary suite includes a custom shower, dual sinks, and an adjoining room offering flexibility for a custom closet, home office, or personal retreat. Two rooftop decks extend the living space outdoors, creating inviting settings for morning coffee, alfresco dining, and entertaining. Recent 2026 improvements include new Milgard windows and screens throughout, a tankless water heater, and fresh interior paint. Additional amenities include motorized window shades in the living room, an attached garage, basement storage, and lockable storage cabinets in the carport. Conveniently located near the Goldenrod Footbridge, Sherman Library & Gardens, boutiques, cafés, restaurants, and beaches, this home captures the ease and appeal of the Corona del Mar coastal lifestyle.

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Fireplace(s), Forced Air
Cooling
Central Air
View
City Lights, Peek-A-Boo
Flooring
Wood
Roof
Tile, Concrete
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byCompass, Amy Baumgartner

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,121.73
Principal & Interest
Loan Amount
$2,076,000
Total Interest
$2,647,824
Total Payment Over 30 Years
$4,723,824
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

502 Fernleaf Avenue, 2, Corona del Mar, CA 92625

Corona del Mar · Condominium

$2.60M
Luxury Tier
Beds
3
Baths
3
Sqft
1,569
Lot
3,541 sqft
Year
1993
$/Sqft
$1654
Pool: No✓
Spa: No✓
View: city✓
Garage: 1-car✓

Listed 3.8% above the median closed sale of $2,500,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.60M· $1,654/sqft
Total list price
Closed comps
vs closed median $2.50M
+$95K (+3.8%)
Active comps
vs active median $2.80M
−$203K (−7.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,736
−$82 (−4.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
418 LarkspurCorona del Mar2020231,3973,543$2,003$2.80M3292
713 Larkspur AvenueCorona del Mar2008321,3883,540$2,053$2.85M8980
3741 GeraniumCorona del Mar1986221,800114,925$1,556$2.80M472
994 Bayside CoveNewport Beach1975231,5150$1,568$2.38M15369
1022 Bayside CoveNewport Beach1975221,5330$1,500$2.30M7366
Total: 5 · Average2.22.41,526.640,669.333$1,736$2.62M70.2
Median1,515$2.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
416 DahliaCorona del Mar199104/14/2026231,3463,542$2.79M$2.88M$2,1361.038691
711 MarigoldCorona del Mar201805/22/2026231,3613,541$2.35M$2.25M$1,6530.9610890
611 Narcissus AvenueCorona del Mar201805/26/2026231,3243,542$2.63M$2.50M$1,8880.958389
519 Narcissus AvenueCorona del Mar202607/11/2026231,2723,485$3.04M$2.90M$2,2800.9511588
611 Jasmine AvenueCorona del Mar202112/05/2025232,1003,539$2.69M$2.50M$1,1900.938686
Total: 5 · Average2.03.01,480.63,529.8$2.60M$2.60M$1,829.4—95.6
Median1,346$2.50M$2.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.