2 months on rocket

716.5 Orchid Ave, Corona Del Mar, CA, 92625

$2,595,000

2 Bedrooms
2 Full Baths, 1 Partial
1,130 SqFt
$2,296/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
ParkingDirect Access, Garage
Attached Garage1 space
Year BuiltNew Const., 2023
HeatingZoned
CoolingZoned
FireplaceLiving Room
ViewOcean, Water
MLS #NP24161961
Lot Size0.08 Acres
StatusActive

About 716.5 Orchid Ave

Experience unparalleled style in this brand-new Flower Streets townhome, where a roof deck offers breathtaking ocean and Catalina views right in the heart of Corona del Mar’s Village. Embrace a lifestyle that allows you to leave the car behind, as boutiques, restaurants, galleries, and miles of beaches are just a stroll away. Welcoming you is a private entry patio leading into a three-level residence featuring two bedrooms and two-and-one-half baths across approximately 1,130 SF. Elevating your living experience, the second floor unfolds into a light and open area that combines living, dining, and kitchen spaces, opening onto an outdoor, private covered deck with a fireplace. Modernity meets function in the kitchen with its spacious island, bar seating, built-in refrigerator, and high-end range. Balcony access through glass doors, a walk-in closet, and an elegant bathroom define the primary suite, also located on this level. In addition to both rooftop decks, 180-degree ocean views from the showers and bedroom windows enhance the allure of this stunning property. Awaiting discovery on the third floor is a second bedroom and bathroom, adjacent to a rooftop deck that enhances every view. White oak hardwood flooring, LED lighting, and premium finishes such as stone, quartzite, and quartz countertops, alongside handmade wall tile, an owned solar power system, and a metal roof, set a new standard for luxury. Completing the residence is a one-car garage and a covered carport space on the ground floor. Situated close to elite schools, golf courses, and Fashion Island, this townhome redefines sophisticated living. Short-term rental permits are in progress with the city, and notably, the home ranks #10 on the Newport Beach Short Term Rental Permit waitlist—a highly attractive feature and excellent opportunity for any buyer or investor.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 3
  • Living Area: 1,130 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: Hunter@timsmithgroup.com
  • Listing Agent: Hunter Jack

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Wood
  • Interior: Balcony, Separate/Formal Dining Room, Open Floorplan, Quartz Counters, Recessed Lighting
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Water

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Direct Access, Garage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Harbor View Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross Streets: 5th Ave & Orchid

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,595,000
  • Price Per SqFt: $2,296/SqFt
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Housing Market Comparison

See how this home compares to others in Corona Del Mar, CA.

Med. Sold Price

$3.8M

Med. Price/SqFt

$1,781

Avg. Days On Market

48

# of Sold Homes

15

716.5 Orchid Ave vs Corona Del Mar

72 DAYS ON ROCKET

+24 Days

$2,595,000

-$1.2M Less

$2,296/SqFt

+$515 More

KEY TAKEAWAY

This property is $1.2M less than the Median Sold Price and $515/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: #NP24161961

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Email: Hunter@timsmithgroup.com
  • Listing Agent: Hunter Jack

IDX 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: 10/18/2024, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,846

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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.

Elementary School

school-card-donut-613853
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 0.41 miles

  • Public District Grades KG-6

High School

school-card-donut-613854
8
/10
  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.59 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,734. Typical income of Corona Del Mar, CA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 716.5 Orchid Ave

What is the listing price of this property?

The listing price of 716.5 Orchid Ave property is $2,595,000.

What type of property is this?

The property 716.5 Orchid Ave is a condo located in Corona Del Mar, California, 92625.

Is this property for sale now?

Active Listing: 716.5 Orchid Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 716.5 Orchid Ave are:
Harbor View Elementary School: GreatSchools Rating 9/10
Corona Del Mar High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 716.5 Orchid Ave has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 716.5 Orchid Ave is 1,130 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 716.5 Orchid Ave is 2023.
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Rocket HomesCaliforniaOrange CountyCorona Del Mar92625716.5 Orchid Ave

This home is located at 716.5 Orchid Ave in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 1,130 square foot home, which was built in 2023, sits on a 0.08 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $2,595,000.

Corona Del Mar, CA housing market in September 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 12 sold below. The number of listings in Corona Del Mar, CA increased by 9.1% between August 2024 and September 2024. While the average time on the market in September 2024 was 48 days, the median list price was $3,850,000.

From Rocket Homes Real Estate and based on county public records data.

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