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USACACorona Del MarCorona Del Mar North of Pch (Cnhw)705 Orchid Ave
705 Orchid Ave, Home with 5 bedrooms, 5 bathrooms and 2 parking in Corona del Mar CA | Image 1
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$3,295,000

705 Orchid Ave, Corona Del Mar, CA

Real Estate

For Sale

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552
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 2967 sqft
Garage Yes
Taxes 
Days Active 270
Lot Size 
Approx. Age 1969
Avg. Price Per Sqft $1,110
MLS® Number OC24196512

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to the gorgeous seaside community of Corona Del Mar! World class shopping, entertainment & dining, coupled with beautiful weather all year makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: A 3 bedroom 3 bathroom in the picture-perfect front cottage, and 2 bedrooms & 2 bathrooms in the rear unit. The property has a two car garage, a lovely central courtyard separating the front and rear units, and community laundry in the garage (separate hookups for each unit). The property is being sold as-is. From a re-development perspective, the subject property is an ideal candidate for redevelopment. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details.Show Description
MLS® NumberOC24196512
Laundry LevelIn Garage
Central VacNo
FireplaceNo
Acreage0.0777
Exterior
GarageYes
Approx. Age1969
Basement
Driveway
Garage Spaces
Heat
A/CNone
Heating Fuel

Extras

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