Active Open Saturday 06/13 4 PM-7 PM

520 Iris

Corona Del Mar, CA 92625

$5,795,000 $24,431/Mo

Get Pre-Approved Check your credit

Overview

Bed

5.5

Bath

3,649

Sqft

3,485

Sqft(Lot)

Description

Experience refined coastal living in this fully remodeled, grandfathered oversized duplex on a prime corner lot in the heart of the Village. Reimagined in 2023 with meticulous attention to detail, this exceptional property delivers the feel of brand-new construction, while offering a scale and square footage that simply can’t be replicated today. Spanning 3,649 square feet, the residence features two expansive units, each thoughtfully designed with high-end finishes, open-concept layouts, and seamless indoor-outdoor living. Enjoy spacious patios and balconies, a turfed entertainment deck, an oversized two-car garage, and a rare 225-square-foot basement, an uncommon bonus in this area. The lower unit is a standout 3-bedroom, 2.5-bath home offering 1,873 square feet, highlighted by soaring 1 0-foot ceilings in the kitchen and 9-foot ceilings in the living area. Upstairs, the 1,776-square-foot unit includes 3 bedrooms and 2 baths, plus a versatile laundry room that can be converted into a powder room. Its expansive outdoor deck serves as an additional living space, perfect for entertaining, dining, or relaxing by the fire pit. Both units feature French white oak flooring, custom cabinetry, granite countertops, stainless steel appliances, and drought-tolerant landscaping. The exterior is finished with striking New Tech siding for lasting durability and low maintenance. Positioned on a coveted corner, the home is filled with natural light from sunrise to sunset. This rare investment opportunity allows for flexible living, occupy one unit while generating income from the other. Ideally located just steps from the beach, shops, and local dining, and minutes from premier destinations and major conveniences, this property captures the essence of elevated California coastal living. A truly one-of-a-kind offering, don’t miss your chance to own it.

Property Details

Property Type : Residential Income

Price : $5,795,000

AD Id : 83743135

MLS Id : NP26097495

Beds : 6

Lot Size : 3,485 Sqft

Living Area Size : 3,649

Year Built : 1973

Garage : 2

County : Orange

Open House

06/13 4 PM-7 PM

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Exterior Property Features: Fire Pit Interior Features: Built-in Features,Balcony,Ceramic Counters,Cathedral Ceiling(s),Granite Counters,High Ceilings,Open Floorplan,Pantry,Quartz Counters,Recessed Lighting,Bedroom on Main Level,Galley Kitchen,Main Level Primary Windows: Double Pane Windows Fireplace: Gas
Cooling Features

Central Air,Gas Air Conditioning

Heating Source

Central Has Heating

Fireplace

Fireplace Features: Gas Has Fireplace: 1

Building Information

Year Built: 1973 Building Area Total: 3,649 Has Basement
Exterior Features

Fire Pit

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features

None

Laundry Features

Electric Dryer Hookup,Gas Dryer Hookup,Inside,See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.08
Lot Size Source: Assessor Lot Size Square Feet: 3485

Listing Price Information

Original List Price: 5,795,000 Listing Contract Date: 2026-04-20
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 45918607

Garage and Parking

Garage Description: Garage

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: All Utilities,See Remarks

Other Property Info

Source Listing Status: Active Source Neighborhood: CS - Corona Del Mar - Spyglass Directions: From PCH, head east, property is on the right at the corner of Iris and 3rd Ave Source Property Type: Residential Income Area: CS - Corona Del Mar - Spyglass Property SubType: Duplex
Building and Construction

Property Age: 53 Common Walls: 1 Common Wall Property Condition: Turnkey Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: Iris Property Attached: Yes Levels or Stories: Multi/Split

Sell a home like this and save $347,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
701 Jasmine, Corona Del Mar, CA, 92625	$3,500,000	3	2	1,320	1,320 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/12/2026 @ 21:52

MLS: NP26097495 LISTED BY: Steven "Bud" Mastropaolo, eXp Realty of Southern Ca, Inc 888-584-9427 SOURCE: CRMLS