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701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
701 Jasmine
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Listed by Elizabeth Turner with Pacific Sotheby's Int'l Realty 949-573-7998
$3,500,000

701 Jasmine

3 Beds 2 Baths 1,215 Sq.Ft. 3,485 Sq.Ft.

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 long-term 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 California's 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!

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Location

701 Jasmine, Corona Del Mar, CA 92625

Status

For Sale
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 701 Jasmine, Corona Del Mar, CA 92625. We are reviewing your request and will be in touch shortly!

Newport Beach

Newport Beach offers the ultimate luxury lifestyle that appeals to all its residents, shopping, restaurants, and more.

Property Amenities

Interior
Laundry room In Garage
Fireplace Gas, Living Room
Flooring Laminate, Wood
Total Bedrooms: 3
Full Bathrooms: 2
Other Interior Features Ceiling Fan(s), Eat-in Kitchen, Bedroom on Main Level
Area & Lot
Lot Area 3,485 Sq.Ft.
Living area 1,215 Sq.Ft.
MLS® ID OC26111473
Year Built 1952
School District Newport Mesa Unified
Water Frontage Ocean Side Of Freeway
View Description Courtyard,Neighborhood
Architecture Styles Bungalow
Type Multi-Family
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning None
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Door-Multi, Driveway, Garage, On Site, Off Street, Other, Garage Faces Side
Lot Features Corner Lot, Near Park
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Finance
Sales Price $3,500,000

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We work closely with each client we represents. Our approach is one of collaboration, with our highest priority being to meet our client’s goals. When we first connect, we learn what you want to accomplish and we stay in cadence until that happens.