701 Jasmine, Corona Del Mar, CA 92625

$3,500,000
3
BD
2
BA
1,320
SqFt

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Sold Price
$3,500,000
List Price
$3,500,000
Closing Date
Jul 20, 2026
Status
CLOSED
MLS#
OC26111473
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,320
Lot Size(apprx.)
3,485
Property Type
Single Family Residential
Year Built
1952

Property Description

Seize this exceptional opportunity to own a charming Beach Bungalow duplex, on a rare corner-lot, in the highly coveted Flower Streets of Corona del Mar. This coastal property offers flexibility, income potential, and future development possibilities, capturing the essence of Southern California living and multiple lifestyle or investment options. The front residence features 2 bedrooms, 1 bath, hardwood floors, a welcoming fireplace, and an updated kitchen filled with natural light and coastal character. Privately situated at the rear of the property is the 1-bedroom, 1-bath unit featuring an efficiency kitchen, spacious living area, wood beam ceiling, and a Dutch door for those cool ocean breezes. This unit provides ideal flexibility for guests, rental income, or a convenient office space. Each residence includes its own garage and laundry, plus an additional oversized rear parking pad a rare convenience in the Village. Whether you continue operating as an income-producing property with tenants, live in one and lease the other, create a custom coastal vacation home, or explore future redevelopment opportunities, this property presents exceptional upside in one of Southern Californias most sought-after neighborhoods. Moments from world-class beaches, Newport Harbor, Hoag Hospital, Fashion Island, Fine Dining, Golf, Tennis, parks, and commuter access to the 73 Toll Road and Freeways - this property truly has it all! Seize this exceptional opportunity to own a charming Beach Bungalow duplex, on a rare corner-lot, in the highly coveted Flower Streets of Corona del Mar. This coastal property offers flexibility, income potential, and future development possibilities, capturing the essence of Southern California living and multiple lifestyle or investment options. The front residence features 2 bedrooms, 1 bath, hardwood floors, a welcoming fireplace, and an updated kitchen filled with natural light and coastal character. Privately situated at the rear of the property is the 1-bedroom, 1-bath unit featuring an efficiency kitchen, spacious living area, wood beam ceiling, and a Dutch door for those cool ocean breezes. This unit provides ideal flexibility for guests, rental income, or a convenient office space. Each residence includes its own garage and laundry, plus an additional oversized rear parking pad a rare convenience in the Village. Whether you continue operating as an income-producing property with tenants, live in one and lease the other, create a custom coastal vacation home, or explore future redevelopment opportunities, this property presents exceptional upside in one of Southern Californias most sought-after neighborhoods. Moments from world-class beaches, Newport Harbor, Hoag Hospital, Fashion Island, Fine Dining, Golf, Tennis, parks, and commuter access to the 73 Toll Road and Freeways - this property truly has it all!

Additional Information

View
Courtyard, Neighborhood
Stories
1
Roof
Composition
Cooling
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Elizabeth Turner (949-573-7998) from Listing Office: Pacific Sotheby's Int'l Realty.

Selling Office: KELLER WILLIAMS REALTY COLLEGE PARK.

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