Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gem—a duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths, while the rear unit offers a gracious 1,737 square feet with 3 bedrooms and 3.5 baths. For those seeking immediate occupancy, the front unit currently presents 3 bedrooms, 3 bathrooms, and soaring high ceilings adorned with beams. A detached 3-car garage complements the property. The rear unit, ideal for rental income, features 2 bedrooms and 1 half bath. Capitalize on the existing configuration for a robust rental income stream or embrace the opportunity for a seamless renovation. This duplex not only promises a lucrative investment but also embodies the essence of Corona del Mar's coveted lifestyle. Seize the chance to elevate this property into a beacon of luxury living or harness its current allure for attractive rental income.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1961
Stories: 1
Living Area: 1,960 SqFt
Listing Office:
Office Name: Berkshire Hathaway Homeservice
Office Phone: (949) 795-2222
Listing Agent: Carter Weir
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Oven
Flooring Type: Laminate, Vinyl
Interior: Beamed Ceilings, Balcony, Granite Counters, High Ceilings, All Bedrooms Down
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 3
Full Bathrooms: 1
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Garage Space: 3 spaces
Attached Garage: No
Parking: Door-Multi, Garage
Lot Features
Lot Information:
Lot: Sprinklers, Sloped Up
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central, None
Cooling: None
School Info
Assigned Schools Information:
Corona Del Mar High School, Public District Grades 7-12
Harbor View Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Bayside to Heliotrope, property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,995,000
Price Per SqFt: $2,038/SqFt
Tax Information:
Annual Amount: $2,230
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Corona Del Mar, CA.
This property is $290K more than the Median Sold Price and $336/SqFt more than other homes in Corona Del Mar, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NP24009581
Listing Office:
Office Name: Berkshire Hathaway Homeservice
Office Phone: (949) 795-2222
Listing Agent: Carter Weir
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 5:20:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,230
$164,293
2020
$2,207
$162,609
2019
$2,132
$159,421
2018
$2,132
$156,296
2017
$2,097
$153,232
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-6
High School
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.45 miles
Public District Grades 7-12
Assigned Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-6
Nearby Schools
7
/10
Abraham Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.15 miles
Public District Grades KG-6
9
/10
Roy O. Andersen Elementary School
1900 Port Seabourne Way
Distance between this listing and this school1.89 miles
Public District Grades KG-6
Nearby Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school2.83 miles
Public District Grades 7-8
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school3.46 miles
Public District Grades KG-8
9
/10
Rancho San Joaquin Middle School
4861 Michelson Dr
Distance between this listing and this school5.86 miles
Public District Grades 7-8
Assigned Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.45 miles
Public District Grades 7-12
Nearby Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.80 miles
Public District Grades 9-12
9
/10
University High School
4771 Campus Dr
Distance between this listing and this school4.71 miles
The neighbors living near this home have an average income of $110,588. The majority of Corona Del Mar, CA residents have income between $100k-200k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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This home is located at 407 Heliotrope Ave in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 1,960 square foot home, which was built in 1961, sits on a 0.11 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $3,995,000.
In March 2024, from all listings sold in Corona Del Mar, CA there were more than 2 sold above asking price, over 18 sold below and more than 4 were sold right at the asked price. In March 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $3,705,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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