2812 Ocean Blvd, Corona Del Mar, CA 92625

$5,990,000
List Price
$5,990,000
Price Change
▼ $800,000 1649550869
Status
ACTIVE
MLS#
IV21011816
Lot Size
6,534
Acres
0.15
Lot Location
Item01UnitAcre, Bluff, Sloped Down, Front Yard, Gentle Sloping, NoLandscaping, NearPark, Paved, ValueInLand
Days on Market
488
Property Type
Land
Neighborhood
Corona Del Mar South Of Pch (Cdms)

Property Description

Price Just Reduced $800k & Back On Market After Falling Out of Escrow - LOCATION LOCATION LOCATION - Incredible opportunity to build a new custom home at a coveted Ocean Blvd address directly across from Lookout Pointe overlooking the Pacific Ocean and Newport Beach harbor with excellent proximity to Pirate's Cove Beach access. 2812 Ocean Blvd. is a place to call home. Lot dimensions are approximately 44.5' wide with varied lengths of 152.25' and 171.75'. 2812 was previously approved for and permitted for construction of a 5,924 square foot custom residence with an entertainment room with full sized bar, covered spa, triple row theater and game room accessed via an elevator, 5 bedrooms (all with an en suite bathroom) and a powder room for a total of 6 bathrooms, an office and an oversized 3 car garage. Permit fees and development fees were previously paid and many (but not all) of the fees may apply to new construction. House plans are not included with the sale but may be available with Architect's approval and additional fees. Lender has reduced the price significantly to sell the lot; offers will be responded to quickly. Adjacent lot at 2808 Ocean Blvd. may be available as well (not a part). Don’t miss out on an opportunity that may not be seen in the market again for generations. Disclosure: Property is subject to a maximum height deed restriction and the previously approved home plans presumably comply. Property is Lender Owned REO. All stated square footages are approximate and Buyers are to satisfy themselves as to the utility of the lot and deed restriction. Do not make an offer to buy this lot unless Buyer understands and is prepared to build a home that is within the height limits (single story home at sidewalk grade with allowable subterranean indoor and outdoor living space). Information on the deed restriction is readily available.

Additional Information

View
Bay, Bluff, Catalina, Coastline, Park/Greenbelt, Harbor, Landmark, Ocean, Panoramic, Pier, Rocks, Trees/Woods, Water
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: SCOTT LISSOY from Listing Office: Scott Lissoy, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.