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520 Iris, Corona del Mar, CA 92625

$4.8M0ba · 3,649 sqft
Lot 3,485 sqft•Duplex•
Active
•11d on market•MLS# NP-26097495

Property Description

TWO DISTINCT RESIDENCES. ONE EXCEPTIONAL COASTAL ADDRESS. AN OPPORTUNITY NOT TO BE MISSED. SELLING BY AUCTION | OWNER’S INSTRUCTIONS ARE CLEAR | 14-DAY SALE CAMPAIGN What if your next property offered more than a place to live? Imagine the freedom to bring family together, generate potential income, invest in your future, or embrace a new way of coastal living. Welcome to 520 Iris Avenue, Corona del Mar. Beautifully reimagined and thoughtfully remodeled, this distinctive property offers approximately 3,649 square feet across two separate three-bedroom residences, combining coastal sophistication, versatility, and long-term opportunity. For multigenerational families, enjoy the privilege of living close to loved ones while preserving the privacy and independence of separate residences. For homeowners, embrace the Corona del Mar lifestyle while exploring the potential for rental income from the second residence. For investors, discover the appeal of two residences within one property in one of Southern California’s most desirable coastal communities. Situated in the heart of Corona del Mar Village, 520 Iris Avenue places you moments from charming cafés, acclaimed restaurants, boutique shopping, and the breathtaking coastline. Yet what truly distinguishes this property extends beyond its beautifully remodeled interiors and coveted location. It’s the possibilities. YOUR OPPORTUNITY IS NOW. The owner has issued firm instructions to sell and authorized a focused 14-day auction campaign through Sellers Reserve. Unlike a traditional open-ended listing, this property is being offered through a defined, time-sensitive competitive sale process, bringing interested buyers together within a limited window of opportunity. The auction date is set. The campaign is underway. The opportunity to act is limited. Whether you’re seeking a sophisticated coastal residence, a multigenerational living arrangement, or a compelling investment opportunity, 520 Iris Avenue deserves your immediate attention. ONE ADDRESS. MORE POSSIBILITIES. ONE OPPORTUNITY. Presented by Bud Mastrapolo | Ocean Collective Auction and marketing campaign powered by Sellers Reserve. Sale subject to published auction terms and seller’s reserve, if applicable.

Features & Amenities

FeeBuilt 2023

Property Details

Land Type
Fee
Year Built
2023
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 byeXp Realty of Southern Ca, Inc, Steven "Bud" M. Mastropaolo

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$24,271.41
Principal & Interest
Loan Amount
$3,840,000
Total Interest
$4,897,708
Total Payment Over 30 Years
$8,737,708
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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