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Ghio Panissidi And Associates

jgghio@gmail.com +1(619) 261-3002

$ 3,600,000

Est. payment -/mo

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501 Poinsettia Avenue Corona Del Mar, CA 92625

3 Beds

2 Baths

1,990 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,990 sqft

Price per Sqft $1,809

Subdivision Corona Del Mar North Of Pch (Cnh

MLS Listing ID NP26094654

Style Craftsman/Bungalow

Bedrooms 3

Full Baths 2

Year Built 1961

Lot Size 3,540 Sqft

Property Sub-Type Townhome

Property Description

DEVELOPMENT OPPORTUNITY: Positioned on a coveted corner parcel in the heart of Corona del Mars beloved Flower Streets, 501 Poinsettia presents a rare and compelling opportunity that extends far beyond its existing charm. Encompassing approximately 1,990 square feet, this duplex offers both immediate livability and exceptional potential for future development. The front residence features a thoughtfully designed two-bedroom, one-bath layout, complemented by a versatile den or dedicated office space. Privately set at the rear, the one-bedroom, one-bath unit includes its own washer and dryer and a secluded patio, creating an ideal retreat for guests or supplemental income. Framed by a fenced front yard and enhanced by a spacious two-car garage, the property enjoys an abundance of natural light thanks to its premier corner positioning. What truly distinguishes this offering is its extraordinary development potential. Situated on an enviable, flat parcel just a few blocks from the beach, the property presents a rare opportunity to reimagine the site with either two newly constructed luxury condominiums or a bespoke single-family residence, each option capturing the essence of elevated coastal living. Enjoy all the benefits of The Villagea world-renowned seaside community known for its walkable charm, beautiful beaches, boutique shops, acclaimed restaurants, weekly farmers market, and welcoming atmosphere. Just moments from Fashion Island, Pelican Hill Resort and Golf Course, cultural landmarks, and John Wayne Airport, this home offers an unbeatable location.

Location

State CA

County Orange

Direction PCH to Poinsettia

Interior

Heating Forced Air Unit

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Washer, Freezer

Exterior

Parking Features Garage

Garage Spaces 2.0

Fence Wood

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Composition

Accessibility No Interior Steps

Porch Enclosed

Total Parking Spaces 2

Building

Story 2

Sewer Sewer Paid

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 45921621

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Andre White, DRE#01873658 Pacific Sotheby's Int'l Realty

NEARBY SCHOOL & BUSINESS

Ghio Panissidi And Associates

Broker Associate | License ID: 01308806

+1(619) 261-3002

Ghio Panissidi And Associates

501 Poinsettia Avenue Corona Del Mar, CA 92625

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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501 Poinsettia Avenue