328 Poinsettia, Corona Del Mar, California 92625, Corona Del Mar, - bed, bath
ACTIVE$5,200,000
328 Poinsettia, Corona Del Mar, California 92625
5Beds
4Baths
2,410Sqft
5,410Lot
Year Built
1948
Close
-
List price
$5.2M
Original List price
$5.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25244691
Home ConditionFair
Features
Good View: Neighborhood
Deck
Patio
ViewNeighborhood
About this home
Rare 45 foot wide lot. Welcome to your coastal retreat. Amazing opportunity to purchase an oversized lot on a tree lined street south of coast Highway in Corona del Mar. This home is only 1 block from the beach and features a 3 bedroom main house with a 2 bedroom back unit over the 3 car garage plus a parking pad. Living room with fireplace, vaulted ceilings, and a beautiful bay window. Main floor has 2 spacious bedrooms, kitchen, bonus room, bathroom. There is a 3rd bedroom upstairs and a bathroom. The large unit over the garage has direct access to the house as well as a separate private entrance with a balcony. The spacious backyard is your private escape, ideal for coastal evenings and weekend gatherings! Close proximity to shops, restaurants and fashion island!
Nearby schools
9/10
Harbor View Elementary School
Public,•PK-6•0.7mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•1.2mi
9/10
Roy O. Andersen Elementary School
Public,•K-6•2.0mi
9/10
Newport Coast Elementary School
Public,•PK-6•2.7mi
9/10
Corona Del Mar High School
Public,•7-12•2.9mi
Price History
Date
Event
Price
10/21/25
Listing
$5,200,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (57 Listings) | |
|---|---|---|---|
| Beds | 5 | 3.5 | 81% |
| Baths | 4 | 3 | 57% |
| Square foot | 2,410 | 2,610 | 41% |
| Lot Size | 5,410 | 7,920 | 22% |
| Price | $5.2M | $5.13M | 52% |
| Price per square foot | $2,158 | $1,981.5 | 60% |
| Built year | 1948 | 9840984 | 12% |
| HOA | $770.5 | ||
| Days on market | 14 | 180 | 2% |
Condition Rating
Fair
The property, built in 1948, appears well-maintained but shows significant signs of age and outdated styles, particularly in the kitchen and bathrooms. The kitchen features older wood cabinetry, tiled countertops, dated flooring (linoleum/vinyl), and older light fixtures, despite a newer stainless steel refrigerator. The visible bathroom is basic with a pedestal sink and simple fixtures, suggesting it has not been recently updated. While the living room has nice hardwood floors and vaulted ceilings, and the overall property seems clean and functional, the key areas of kitchen and bath would require substantial renovation to meet current quality standards and aesthetics. This aligns with a 'Fair' condition, indicating it's aged but maintained, with major components functional but outdated.
Pros & Cons
Pros
Prime Coastal Location: The property boasts an exceptional location, being only one block from the beach and situated South of Coast Highway in highly desirable Corona del Mar, offering unparalleled access to coastal amenities and lifestyle.
Income-Generating Potential / Flexible Living: Featuring a 3-bedroom main house and a separate 2-bedroom back unit over a 3-car garage, this property offers significant flexibility for rental income, guest accommodation, or multi-generational living arrangements.
Oversized Lot with Development Potential: A rare 45-foot wide, oversized lot (5,410 sqft) presents a unique opportunity for future expansion, redevelopment, or creating a more substantial custom residence in a coveted area.
Desirable Outdoor Living Space: The spacious backyard is highlighted as a private escape, ideal for coastal evenings and weekend gatherings, enhancing the property's lifestyle appeal.
Charming Architectural Details: The main house includes character-rich features such as a living room with a fireplace, vaulted ceilings, and a beautiful bay window, adding to its unique charm.
Cons
Age of Property: Built in 1948, the property is over 75 years old, which may necessitate significant updates, renovations, or ongoing maintenance to meet contemporary standards and buyer expectations.
Listing Price Above Estimated Value: The current listing price of $5.2 million is approximately 5% higher than the property's estimated value of $4.9 million, which could be a point of negotiation or concern for value-focused buyers.
Limited Premium Views: While the property has a view, it is specified as a 'Neighborhood' view, indicating a lack of the highly sought-after ocean or panoramic views often expected and valued in this premium coastal market.