Welcome to an unparalleled chance to secure an exceptionally rare oversized lot in the prestigious 300 block of Corona Del Mar’s Flower Streets. This unique property, spanning an impressive 45 feet in width and 118 feet in depth, offers a generous 5,310 square feet of prime real estate. An invitation to realize your dream home in one of Southern California's most sought-after neighborhoods. This remarkable lot presents an abundance of possibilities for you to unleash your creativity and design a sanctuary that reflects your personal style and aspirations. Picture waking up to the soothing sound of waves and indulging in awe-inspiring ocean panoramas just a block from your doorstep. This opportunity offers a lifetime of cherished memories and an extraordinary lifestyle in the coastal haven of Corona del Mar. Just steps from the ocean, acclaimed schools, premier golf courses, upscale shopping, renowned dining, and the prestigious Fashion Island, this location offers the epitome of luxury and convenience.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow, Ranch
Year Built: 1941
Stories: 1
Living Area: 965 SqFt
Listing Office:
Office Name: Douglas Elliman of California
Office Phone: (949) 607-9656
Listing Agent: Zachary Balaban
Interior Features
Interior Information:
Appliances: Range, Gas Cooktop, Gas Range
Flooring Type: Vinyl
Interior: Breakfast Bar, Bedroom on Main Level
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
View: Ocean
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: None
Other
Directions Information:
Directions: PCH turn on Orchid Ave towards the beach
Price Information
Listing Price Info
Price Summary:
List Price: $5,495,000
Price Per SqFt: $5,694/SqFt
Tax Information:
Annual Amount: $18,624
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Corona Del Mar, CA.
This property is $1.5M more than the Median Sold Price and $3.9K/SqFt more than other homes in Corona Del Mar, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24129732
Listing Office:
Office Name: Douglas Elliman of California
Office Phone: (949) 607-9656
Listing Agent: Zachary Balaban
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: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 10, 2011
Jun 10, 2011Home Sold
$1,440,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$18,624
$1,735,552
2020
$18,445
$1,717,757
2019
$17,705
$1,684,076
2018
$17,706
$1,651,055
2017
$17,393
$1,618,682
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school0.64 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.24 miles
Public District Grades KG-6
8
/10
Andersen Elementary School
1900 Port Seabourne Way
Distance between this listing and this school2.04 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school3.25 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school3.47 miles
Public District Grades KG-8
8
/10
Rancho San Joaquin Middle School
4861 Michelson Dr
Distance between this listing and this school5.95 miles
Public District Grades 7-8
Nearby Schools
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school2.79 miles
Public District Grades 7-12
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school3.23 miles
Public District Grades 9-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school4.29 miles
The neighbors living near this home have an average income of $215,948. The most common annual income of people living in Corona Del Mar, CA is $200k+. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 316 Orchid Ave
What is the listing price of this property?
The listing price of 316 Orchid Ave property is $5,495,000.
What type of property is this?
The property 316 Orchid Ave is a house located in Corona Del Mar, California, 92625.
Is this property for sale now?
Active Listing: 316 Orchid Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $18,624 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 10, 2011 for $1,440,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 316 Orchid Ave has 2 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 316 Orchid Ave is 965 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 316 Orchid Ave is 1941.
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This home is located at 316 Orchid Ave in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 965 square foot home, which was built in 1941, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2024 and is currently priced at $5,495,000.
In October 2024 more than 0 listings in Corona Del Mar, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The inventory of homes for sale in Corona Del Mar, CA between September 2024 and October 2024 increased by 3.4%. The median list price of listings available in October 2024 was $3,897,500, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.