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303 .5 Fernleaf, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 2 bed, 3 bath

303 .5 Fernleaf, Corona Del Mar, California 92625 home-pic-0
ACTIVE$3,500,000
303 .5 Fernleaf, Corona Del Mar, California 92625
2Beds
3Baths
1,401Sqft
3,750Lot
Year Built
2025
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$2,498
HOA
-
Days on market
-
Sold On
-
MLS number
OC25235386
Home ConditionExcellent
Features
Excellent View: Bay, Catalina, Harbor, Marina, Ocean
Deck
Patio
ViewBay, Catalina, Harbor, Marina, Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $3.50M(65th), sqft - 1401(35th), beds - 2(35th), baths - 3(50th).

Experience modern coastal living at its finest in this brand new built back unit located in the heart of Corona del Mar Village. This stunning two-bedroom, two-and-a-half-bath residence spans approximately 1,400 square feet and showcases panoramic ocean, bay, and harbor views from its elevated vantage point. Thoughtfully designed with high-end finishes, custom cabinetry, designer lighting, and top-tier appliances, the home offers a perfect blend of style and comfort. Expansive glass doors and inviting outdoor spaces maximize natural light and capture breathtaking coastal vistas. Additional highlights include an active SHORT-TERM RENTAL PERMIT, offering excellent flexibility for personal use or investment. With its ideal location just moments from the beach, boutiques, and restaurants of Corona del Mar, this home perfectly blends luxury, lifestyle, and income potential.

Price History

Date
Event
Price
11/21/25
Listing
$3,500,000
Condition Rating
Excellent
This is a brand new construction built in 2025, featuring modern design, high-end finishes, custom cabinetry, designer lighting, and top-tier appliances. The property is move-in ready with all components new and meeting current quality standards, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Brand New Construction & Modern Design: Built in 2025, this brand new back unit offers contemporary design, high-end finishes, custom cabinetry, designer lighting, and top-tier appliances, ensuring a move-in ready luxury experience.
Prime Coastal Location: Situated in the heart of Corona del Mar Village, the property is moments from the beach, upscale boutiques, and renowned restaurants, offering an unparalleled luxury coastal lifestyle.
Panoramic Ocean & Bay Views: From its elevated vantage point, the residence boasts stunning panoramic views of the ocean, bay, harbor, and Catalina Island, significantly enhancing its appeal and value.
Active Short-Term Rental Permit: The property includes an active short-term rental permit, providing excellent flexibility for personal use and significant income-generating potential as an investment property.
Thoughtful Design & Natural Light: Thoughtfully designed with expansive glass doors and inviting outdoor spaces, the home maximizes natural light and seamlessly integrates the breathtaking coastal vistas into its living areas.

Cons

Condominium & Back Unit Structure: As a back unit condominium, the property likely involves shared walls, common area maintenance, HOA fees, and potentially less privacy or direct street presence compared to a detached home.
Compact Living Space for Price Point: With 2 bedrooms and 1,401 sqft for $3.5 million, the living space might be considered compact by some luxury buyers seeking a primary residence, potentially limiting its appeal to a broader market segment.
Limited Private Outdoor Space: While 'inviting outdoor spaces' are mentioned, the description does not detail significant private outdoor areas like a large yard or expansive private balcony, which can be a drawback for coastal luxury living, especially for a back unit.

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