434 Fernleaf Avenue, Corona Del Mar, CA 92625

About this single-family home

Luxury Live Auction! Bidding to start from $2,000,000! Great opportunity to build your dream home in one of the most sought after neighborhoods in Orange County! This single family home is located on the sunny side of the street in The Village and is situated on a 3,540 sq ft R2 lot. Currently a 2 level, 4 bedroom home with a garage, structural and engineering plans for a new build are nearly complete. Add value to this space with a 1,944 sqft, 3 level (plus optional full basement) in addition to the existing home, or build two new construction condos totaling 3,822 sqft. Close to restaurants and shops and the Goldenrod Footbridge giving access to Corona Del Mar Beach. Soils report complete for full basement. Appraised for $2.4M on Sept 19, 2018 as a 3 bedroom and appraised for $2.85M on April 7,2020 as a 4 bedroom. Averaging $6,811 per month income from AirBnB (Nov 2019 - Mar 2020). Property Video: https://youtu.be/N8dIACdnCIo . Virtual Tour: https://my.matterport.com/show/?m=PhFHVYameAT&mls=1

Listing description from the June 2020 sale, as reported to CRMLS.

Sale history

$2,200,000

Sold June 2020 · listed $2,000,000, on market May 2020 · MLS #OC20087854 · Source: CRMLS

Listing Agent: Westley Williams · Listing Office: Harcourts Prime Properties · Contact: 949-380-6600 · Bought with: Westley Williams · Harcourts Prime Properties

$2,200,000

Sold July 2017 · listed $2,195,000, orig. $2,499,000, on market May 2017 · MLS #NP17119674 · Source: CRMLS

Listing Agent: Carter Weir · Listing Office: Berkshire Hathaway Homeservice · Contact: 949-723-7080 · Bought with: Jeff Murray · McMonigle Group Corp

$2,200,000

Sold July 2017 · listed $2,195,000, orig. $2,499,000, on market May 2017 · MLS #NP17119720 · Source: CRMLS

Listing Agent: Carter Weir · Listing Office: Berkshire Hathaway Homeservice · Contact: 949-723-7080 · Bought with: Jeff Murray · McMonigle Group Corp

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