5 Maritime, Corona Del Mar, California 92625, Corona Del Mar, - bed, bath
ACTIVE UNDER CONTRACT$2,595,000
5 Maritime, Corona Del Mar, California 92625
2Beds
2Baths
1,911Sqft
7,011Lot
Year Built
1978
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
-
HOA
$1,260
Days on market
-
Sold On
-
MLS number
NP25217182
Home ConditionPoor
Features
Spa
Patio
View-
About this home
Opportunity awaits. JASMINE CREEK SINGLE LEVEL - GREAT LOCATION Now available: A spacious two-bedroom, two-bath single-level home in Jasmine Creek, Corona del Mar. Enjoy over 1,900 square feet including a family room, formal dining area, custom kitchen with breakfast nook, and a living room with fireplace. The primary bedroom opens to a large private yard featuring a spa, custom fountains, and a cellar. The secondary bedroom has its own landscaped patio, and both patios offer great outdoor space. This home needs TLC but is move-inable. Ideal for investors, entry level buyers or buyers who want to create their forever home. The traditional floor plan offers timeless appeal in a secure resort gated community with greenbelts, pools, spas, tennis courts, clubhouse, and 24/7 staffed gate—all in Newport Beach. Jasmine Creek Single-Level Home
Nearby schools
9/10
Harbor View Elementary School
Public,•PK-6•0.3mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•0.4mi
9/10
Roy O. Andersen Elementary School
Public,•K-6•1.1mi
9/10
Newport Coast Elementary School
Public,•PK-6•2.4mi
9/10
Corona Del Mar High School
Public,•7-12•2.0mi
Price History
Date
Event
Price
09/21/25
Listing
$2,595,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (58 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 10% |
| Baths | 2 | 3 | 27% |
| Square foot | 1,911 | 2,591 | 15% |
| Lot Size | 7,011 | 7,920 | 36% |
| Price | $2.6M | $5.1M | 5% |
| Price per square foot | $1,358 | $1,964 | 10% |
| Built year | 1978 | 1969 | 69% |
| HOA | $1,260 | $875 | 56% |
| Days on market | 45 | 179 | 3% |
Condition Rating
Poor
Built in 1978, this property is 46 years old and shows significant signs of age and deferred maintenance. The kitchen features highly outdated white tile countertops, older light wood cabinets, and white built-in appliances that appear to be original or from a very early renovation (30-40+ years ago). The bathroom also has outdated tile countertops, a dated vanity, and old wallpaper, despite a potentially more recent shower tile. Flooring is a mix of older tile and worn carpet, with some areas appearing to have removed flooring. The description explicitly states the home 'needs TLC' and is 'ideal for investors... or buyers who want to create their forever home,' indicating substantial renovation is required. While 'move-inable,' the property requires significant rehabilitation to meet current quality and aesthetic standards, particularly in the key areas of the kitchen and bathrooms, and likely major systems.
Pros & Cons
Pros
Prestigious Location: Situated in Corona Del Mar within the highly sought-after Jasmine Creek community, offering a prime coastal address with strong market appeal.
Resort-Style Community Amenities: Access to a secure, 24/7 staffed gated community featuring greenbelts, multiple pools, spas, tennis courts, and a clubhouse, enhancing lifestyle and value.
Spacious Single-Level Living: A generous 1,911 sqft single-level home with a functional traditional floor plan, including a family room, formal dining, and a custom kitchen, appealing to various buyer demographics.
Exceptional Outdoor Spaces: Features a large private primary yard with a spa, custom fountains, and a cellar, plus a separate landscaped patio for the secondary bedroom, providing ample outdoor enjoyment.
Access to Top-Rated Schools: Located within a district served by multiple highly-rated elementary and high schools, a significant draw for families and a factor in long-term property value.
Cons
Requires Significant Renovation/TLC: The property is explicitly noted as needing 'TLC' and presents an 'opportunity' for buyers to 'create their forever home,' indicating substantial updates are required to modernize or maximize its potential.
High Monthly Association Fees: A considerable monthly HOA fee of $1260 adds a significant ongoing cost to homeownership, which may deter some potential buyers.
Absence of Views: Despite its desirable coastal location, the property lacks any notable views ('View: None'), which can be a disadvantage in a market where ocean or city views often command a premium.