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310 Fernleaf, Corona del Mar, CA 92625

$4.5M5bd · 3ba · 2,500 sqft
Lot 4,156 sqft•Duplex•
Active
•42d on market•MLS# NP-26203811

Property Description

A compelling development opportunity south of Pacific Coast Highway in Corona del Mar, positioned just one block from the beach and moments from the Village. The 35-foot-wide parcel offers dimensions notably wider than many Village properties, complemented by smaller setbacks that create an advantageous building envelope and greater design flexibility. The frontage allows for a generous architectural presence and improved interior proportions. Currently providing a three-bedroom, two-bath front residence with ocean views from the front patio and a two-bedroom, one-bath rear residence with city and park views, the property offers existing improvements ahead of future redevelopment. With the beach at the end of the block, a south-of-PCH location, favorable lot dimensions, reduced setbacks, and meaningful buildable square footage, the property presents a strong foundation for a thoughtfully designed Corona del Mar redevelopment project.

Features & Amenities

FeeBuilt 1972

Property Details

Land Type
Fee
Year Built
1972
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
Ocean, Park/Greenbelt
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byChristie's International R.E. Southern California, Casey Lesher

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$22,754.45
Principal & Interest
Loan Amount
$3,600,000
Total Interest
$4,591,602
Total Payment Over 30 Years
$8,191,602
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

310 Fernleaf, Corona del Mar, CA 92625

Corona del Mar · Duplex

$4.5M
Luxury Tier
Beds
5
Baths
3
Sqft
2,500
Lot
4,156 sqft
Year
1972
$/Sqft
$1800
Pool: No✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 9.8% above the median closed sale of $4,100,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.50M· $1,800/sqft
Total list price
Closed comps
vs closed median $4.10M
+$400K (+9.8%)
Active comps
vs active median $4.80M
−$300K (−6.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,969
−$169 (−8.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
214 DahliaCorona del Mar1914431,5823,485$3,157$5.00M2673
602 MargueriteCorona del Mar1969663,0323,772$1,548$4.70M6468
520 IrisCorona del Mar2023643,6493,485$1,315$4.80M965
1311 Bay AvenueNewport Beach1947542,3352,614$2,139$5.00M17352
1320 Balboa BoulevardNewport Beach1955752,3713,049$1,687$4.00M16650
Total: 5 · Average5.64.42,593.83,281$1,969.2$4.70M87.6
Median2,371$4.80M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
616 NarcissusCorona del Mar201512/02/2025332,1243,485$4.50M$4.50M$2,1161.00077
603 BegoniaCorona del Mar196506/12/2026642,7843,537$4.00M$3.95M$1,4190.9911973
600 OrchidCorona del Mar195508/20/2026352,7003,528$4.20M$4.10M$1,5190.983871
137 TopazNewport Beach194606/04/2026542,5452,614$3.79M$3.83M$1,5071.013663
117 Marine AvenueNewport Beach194012/12/2025552,2792,614$4.50M$4.45M$1,9530.991162
Total: 5 · Average4.44.22,486.43,155.6$4.17M$4.17M$1,702.8—40.8
Median2,545$4.10M$4.10M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.