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430 FERNLEAF AVENUE, CORONA DEL MAR, CA 92625

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430 Fernleaf Avenue Corona del Mar, CA 92625
Listing #NP22164311
Stephanie Peterson Broker: Arbor Real Estate
  • Beds 3
  • Garage 2
  • Baths 2
  • Sqft 1,176
$3,850,000
  • Status Active
  • Year Built 1952
  • Property Type house

About This Property

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.

Property Details

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Stephanie Peterson Broker: Arbor Real Estate
Based on information from CRMLS and/or CLAW and/or CRISNet MLS as of August 4, 2022 2:00 AM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX powered by iHomefinder, Inc.
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