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505 Poppy Avenue, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 4 bed, 4 bath

505 Poppy Avenue, Corona Del Mar, California 92625 home-pic-0
ACTIVE$4,550,000
505 Poppy Avenue, Corona Del Mar, California 92625
4Beds
4Baths
1,945Sqft
3,540Lot
Year Built
2020
Close
-
List price
$4.55M
Original List price
$4.95M
Price/Sqft
$2,339
HOA
-
Days on market
-
Sold On
-
MLS number
PW25097556
Home ConditionExcellent
Features
Good View: Catalina, City Lights, Neighborhood, Ocean
Deck
Patio
ViewCatalina,City Lights,Neighborhood,Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $4.55M(92th), sqft - 1945(50th), beds - 4(67th), baths - 4(67th).

CDM ROOFTOP OCEAN VIEW DECK! 4 Br/3.5 Ba - 1,945 SF (2,950 SF under roof) Recently built (2020) on beautiful Poppy Avenue, this front residence offers significant ocean views in CDM. A stunning kitchen furnished with custom cabinetry, stone countertops, and Thermador appliances, opens to the living & dining areas and forward entertaining patio. With 4 in-suite bedrooms and 3.5 baths, the floorplan provides over 2,950 sf of living area "under roof", and rooftop ocean view deck. This luxury front residence also includes an elevator that provides service from the garage level to the rooftop level. Offering an unmatched level of finishes. Lease: Owner will consider a lease agreement.

Nearby schools

9/10
Harbor View Elementary School
Public,•PK-6•0.6mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•1.1mi
9/10
Roy O. Andersen Elementary School
Public,•K-6•1.9mi
9/10
Newport Coast Elementary School
Public,•PK-6•2.5mi
9/10
Corona Del Mar High School
Public,•7-12•2.9mi
Condition Rating
Excellent
The property was built in 2020 and features a modern kitchen with custom cabinetry, stone countertops, and Thermador appliances. The bathrooms also appear to be recently renovated with modern fixtures and finishes. The overall condition appears to be excellent, with no visible deferred maintenance.
Pros & Cons

Pros

Ocean View Rooftop Deck: The property features a rooftop deck with significant ocean views, a highly desirable amenity in Corona del Mar.
New Construction (2020): Being recently built, the property benefits from modern construction standards, updated systems, and contemporary design.
Luxury Finishes: The property boasts an unmatched level of finishes, including custom cabinetry, stone countertops, and Thermador appliances, indicating high-quality materials and craftsmanship.
Elevator: The inclusion of an elevator servicing all levels from the garage to the rooftop deck adds convenience and accessibility, appealing to a wide range of buyers.
In-Suite Bedrooms: All 4 bedrooms are en-suite, providing privacy and convenience for residents and guests.

Cons

Relatively Small Square Footage: While the total area under roof is 2,950 sqft, the actual living space is only 1,945 sqft, which might be perceived as small for a 4-bedroom property in this price range.
Price Reduction: The property has already experienced a price reduction from $4.95M to $4.55M, which may indicate challenges in attracting buyers at the original price point.
Duplex Designation: The property is listed as a duplex, which might not appeal to all buyers looking for a single-family residence, potentially limiting the buyer pool.

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