$2,000,000 - 434 Fernleaf Avenue, Corona Del Mar

  • 4Beds
  • 2Baths
  • 1,878SQ. Feet
  • 0.08Acres

Luxury Live Auction! Bidding to start from $2,000,000! Great opportunity to build your dream home in one of the most sought after neighborhoods in Orange County! This single family home is located on the sunny side of the street in The Village and is situated on a 3,540 sq ft R2 lot. Currently a 2 level, 4 bedroom home with a garage, structural and engineering plans for a new build are nearly complete. Add value to this space with a 1,944 sqft, 3 level (plus optional full basement) in addition to the existing home, or build two new construction condos totaling 3,822 sqft. Close to restaurants and shops and the Goldenrod Footbridge giving access to Corona Del Mar Beach. Soils report complete for full basement. Appraised for $2.4M on Sept 19, 2018 as a 3 bedroom and appraised for $2.85M on April 7,2020 as a 4 bedroom. Averaging $6,811 per month income from AirBnB (Nov 2019 - Mar 2020). Property Video: https://youtu.be/N8dIACdnCIo . Virtual Tour: https://my.matterport.com/show/?m=PhFHVYameAT&mls=1

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:OC20087854
  • Price:$2,000,000
  • Bedrooms:4
  • Bathrooms:2.00
  • Full Baths:2
  • Square Footage:1,878
  • Acres:0.08
  • Year Built:1956
  • Type:Residential
  • Sub-Type:Single Family
  • Status:Active Under Contract

Community Information

  • Address:434 Fernleaf Avenue
  • Area:Corona Del Mar - Spyglass (CS)
  • Subdivision:Corona del Mar South of PCH (CDMS)
  • City:Corona Del Mar
  • County:Orange
  • State:CA
  • Zip Code:92625

Amenities

  • Parking Spaces:2
  • # of Garages:2
  • View:Neighborhood
  • Pool:None

Interior

  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:Living Room, Gas, Decorative, Masonry, Raised Hearth
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Back Yard, 21-25 Units/Acre

School Information

  • District:Newport Mesa Unified

Additional Information

  • Date Listed:May 13th, 2020
  • Days on Market:20
  • HOA Fees:0.00

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Provided By: Westley Williams(01974291), Harcourts Prime Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of June 3rd, 2020 at 5:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.