430 Fernleaf Avenue, Corona del Mar, CA

$3,850,000

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0.08

Acres

Listing Agent
Stephanie Peterson - Arbor Real Estate

430 Fernleaf Avenue Listing Summary

430 Fernleaf Avenue, MLS#: NP22166390 is located in the Corona del Mar South of PCH (CDMS) neighborhood of Corona del Mar, CA, Zip Code: 92625. The property is 0.08 acres in total The vacant land has been on the market for 14 days. It’s currently listed at $3,850,000.

About 430 Fernleaf Avenue

Ideally situated on the coveted 400 block of Fernleaf Ave, this original 1950s cottage offers a unique investment opportunity for either developers or those looking to build their dream home. This property is zoned R-2 (Two-Unit Residential) and is on a 30-foot-wide lot which allows either a single-family home or duplex to be built. The current cottage has three beds, two baths, and a detached two-car garage – a total lot size of 3,540 square feet. The purchase price includes plans by the prestigious Mark Teale of Teale Architecture. The meticulously planned duplex is set to feature a 1,900 square foot, three bed, three bath front home, as well as a rear home of 1,230 square feet, featuring 2 beds and two and a half baths. Plans are fully paid for and have been submitted to the City of Newport Beach for approval. Do not miss out on an impeccable chance to own on one of the most promising, exclusive, and walkable streets in all of Corona del Mar. Live the true CdM lifestyle with close access to the Goldenrod footbridge, less than two blocks to Begonia Park, world-class beaches, and renowned shopping. Enjoy diverse and state-of-the-art dining such as Zinc Café, Bandera, Quiet Woman, and the historic Five Crowns, all just steps away from this surreal location.

Features of 430 Fernleaf Avenue

MLS® # NP22166390
Price $3,850,000
Bathrooms 0.00
Acres 0.08
Type Land
Status Active

Community Information

Address 430 Fernleaf Avenue
Area CS - Corona Del Mar - Spyglass
Subdivision Corona del Mar South of PCH (CDMS)
City Corona del Mar
County Orange
State CA
Zip Code 92625

Amenities

Utilities Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
View City Lights, Neighborhood, Ocean, Peek-A-Boo, Water
Is Waterfront No
Waterfront Ocean Side Of Freeway, Ocean Side Of Highway
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed July 29th, 2022
Days on Market 14
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentStephanie Peterson
OfficeArbor Real Estate

Listing Map

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