1203 Bayside Drive, Corona Del Mar, California 92625, Corona Del Mar, - bed, bath

home-pic
ACTIVE$4,190,000
1203 Bayside Drive, Corona Del Mar, California 92625
3Beds
3Baths
2,011Sqft
Lot
Year Built
1960
Close
-
List price
$4.19M
Original List price
$5.35M
Price/Sqft
-
HOA
$1,042
Days on market
-
Sold On
-
MLS number
PW24232457
Home ConditionFair
Features
Excellent View: Harbor, Ocean, Panoramic, Water
Deck
ViewHarbor, Ocean, Panoramic, Water

About this home

WATERFRONT LOCATION! Rare opportunity to live oceanfront with unobstructed views of the harbor in one of the most coveted locations! This beautiful second floor end unit home offers priceless sunrise and sunset views! Watch the harbor come alive in the evenings through a wall of windows or walk out to your own private covered terrace and sit front row to the Newport Beach boat parade during the holidays. This bright and airy expanded home has been completely remodeled from it's original design. This functional floorplan offers a fully appointed chef's kitchen with walk in pantry and center island. Elegant living room with fireplace and formal dining room with built in cabinetry and both embraced by a wall of windows to take full advantage of the expansive harbor views. Every room of this home has received special attention to detail and custom finishes. Two spacious bedrooms each with ensuite bathrooms and an exquisite home office/library. This beautiful home is complete with an inside laundry room, a two car garage across the shared motor court, and a privately gated entrance. Walking distance to Balboa Island with shops and restaurants. Located within close proximity to Fashion Island shopping and golf at Pelican Hill.

Nearby schools

7/10
Abraham Lincoln Elementary School
Public,K-61.6mi
9/10
Corona Del Mar High School
Public,7-121.9mi

Price History

Date
Event
Price
08/01/25
$4,190,000
11/13/24
$5,350,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (33 Listings)
Beds33
50%
Baths33
50%
Square foot2,0111,726
85%
Lot Size03,542
Price$4.19M$2.75M
82%
Price per square foot$2,084$1,988.5
62%
Built year196010011002
9%
HOA$1,042
0%
Days on market357180
97%
Condition Rating
Fair

While the listing states the property has been 'completely remodeled,' the visual evidence suggests this renovation occurred 15-30 years ago. The kitchen features traditional light wood cabinetry, granite countertops, and a decorative tile backsplash that, while well-maintained, are dated in style. The bathrooms, particularly the master, are significantly outdated with dark shag carpeting, ornate light fixtures, and traditional vanity styles. The overall decor, including the heavy drapes, crystal chandeliers, and painted wall details, points to an older aesthetic. The property is functional and well-kept but requires substantial cosmetic updates to align with current market trends and buyer expectations, especially in the kitchen and bathrooms.
Pros & Cons

Pros

Prime Waterfront Location: Unobstructed harbor views from a coveted second-floor end unit, offering direct access to the water and proximity to Balboa Island, Fashion Island, and Pelican Hill golf.
Extensive & High-Quality Remodel: The home has been completely remodeled from its original design with special attention to detail and custom finishes throughout, ensuring a luxurious and move-in ready condition.
Panoramic Harbor Views: Enjoy priceless sunrise and sunset views through a wall of windows and from a private covered terrace, providing a front-row seat to the Newport Beach boat parade.
Luxurious Interior Features: Boasts a fully appointed chef's kitchen with a walk-in pantry and center island, an elegant living room with a fireplace, formal dining, two spacious bedrooms with ensuite bathrooms, and an exquisite home office/library.
Exclusive Amenities & Access: Includes a privately gated entrance and a dedicated two-car garage, offering convenience and security rare for a condominium.

Cons

High Association Fees: The monthly association fee of $1042.0 is substantial and adds significantly to the ongoing cost of ownership.
Significant Price Reduction: The property has undergone a considerable price drop from its original list price of $5.35M to $4.19M, which may suggest initial overpricing or market resistance.
Building Age: While the unit is remodeled, the building was constructed in 1960, which could imply older common area infrastructure or potential for future HOA assessments for building-wide updates.

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