13 days on rocket

Backup Offers

4241/2 Orchid Ave Back Unit, Back Unit, Corona Del Mar, CA, 92625

$3,189,000

2 Bedrooms
2 Full Baths, 1 Partial
1,950 SqFt
$1,635/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Door-Single, Garage
Attached Garage1 space
Year BuiltNew Const., 2023
HeatingCentral, Fireplace(s), Natural Gas
CoolingCentral Air
WaterfrontBeach
FireplaceGas, Living Room, Outside
ViewCity Lights, Hills, Neighborhood, Panoramic
MLS #OC24074217
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 4241/2 Orchid Ave Back Unit

Welcome to 424 1/2 Orchid Avenue in Corona Del Mar, a stunning property that redefines coastal living. This luxurious residence features 2 Bedrooms and 2.5 bathrooms, making it as one of the largest new construction back units in the coveted CDM village. Situated on a rare 45-foot-wide lot, this home offers an expansive and private retreat. Your journey begins with a private entrance through a stylish gate, leading you down a wide walkway adorned with chic exterior lightings, creating a elegant atmosphere day and night. As you enter the home, you will be greeted by a flexible space, perfect for a home office or gym to suit your lifestyle needs. The heart of this home is the great room, where you will find Porcelanosa two-tone kitchen boasting a large island, porcelain cabinets, and top-of-the-line Miele appliances, catering to culinary enthusiasts. Adjacent is a high-ceiling dining room on the main level adds an elegant touch to your dining experience. Seamlessly connected to the great room is a large indoor-outdoor patio with the sleek fireplace, providing a serene space for relaxation or perfect for entertaining your guests. Ascend to the rooftop to discover panoramic views of CDM village and Spyglass Hills, offering a breathtaking backdrop for any occasion. Throughout the home, you will find exquisite large plank white oak engineered wood flooring adding warmth and elegance to every room. The bathrooms highlight Porcelanosa vanities, Walker Zanger tiles, Axor hardware, and LED lighted mirrors, adding a touch of luxury and functionality. Additional features include one car garage with EV charger-ready outlet, and an extra large carport. Located just moments away from pristine Southern California beaches and fine CDM dining destinations and boutiques, this property offers a lifestyle luxury, convenience, and coastal charm. Don't miss your chance to experience the best of Corona Del Mar living at 424 1/2 Orchid Avenue!

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Modern
  • Year Built: 2023
  • Stories: 3
  • Living Area: 1,950 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 300-7221
  • Listing Agent: Kaoru Matsuo

Interior Features

Interior Information:

  • Appliances: Stove, Dishwasher, Freezer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Range Hood, Tankless Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Balcony, High Ceilings, Open Floorplan, Recessed Lighting, Wired for Data, Main Level Primary, Primary Suite, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: City Lights, Hills, Neighborhood, Panoramic

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Carport, Door-Single, Garage

Virtual/3D Tour

  • 3D Tour: 4241/2 Orchid Ave Back Unit

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Natural Gas
  • Cooling: Central Air

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: Between PCH and 2nd on Orchid Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,189,000
  • Price Per SqFt: $1,635/SqFt
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

4241/2 Orchid Ave Back Unit vs Newport Beach

13 DAYS ON ROCKET

-30 Days

$3,189,000

-$39.6K Less

$1,635/SqFt

+$291 More

KEY TAKEAWAY

This property is $39.6K less than the Median Sold Price and $291/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24074217

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (949) 300-7221
  • Listing Agent: Kaoru Matsuo

IDX 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: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,627

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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

school-card-donut-3172237
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 0.73 miles

  • Public District Grades KG-6

High School

school-card-donut-3172238
9
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.89 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $215,948. The most common annual income of people living in Newport Beach, CA is $200k+. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4241/2 Orchid Ave Back Unit

What is the listing price of this property?

The listing price of 4241/2 Orchid Ave Back Unit property is $3,189,000.

What type of property is this?

The property 4241/2 Orchid Ave Back Unit is a condo located in Back Unit, Corona Del Mar, California, 92625.

Is this property for sale now?

Accepting Backup Offers: 4241/2 Orchid Ave Back Unit is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 4241/2 Orchid Ave Back Unit are:
Harbor View Elementary School: GreatSchools Rating 9/10
Corona Del Mar High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 4241/2 Orchid Ave Back Unit has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4241/2 Orchid Ave Back Unit is 1,950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4241/2 Orchid Ave Back Unit is 2023.
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Rocket HomesCaliforniaOrange CountyNewport Beach926254241/2 Orchid Ave Back Unit

This home is located at 4241/2 Orchid Ave Back Unit in Back Unit, Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 1,950 square foot home, which was built in 2023, sits on a 0.12 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $3,189,000.

In March 2024, from all listings sold in Newport Beach, CA there were more than 23 sold above asking price, over 50 sold below and more than 13 were sold right at the asked price. The number of homes for sale in Newport Beach, CA increased by 8.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $3,228,690, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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