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617 Iris Avenue
Corona del Mar, CA, 92625
$3,200,000
Beds
0 Baths
SqFt
0.08 Acres
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Exceptional Duplex Opportunity in Coveted Corona Del Mar – R2 Zoned
Don&#39't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home.
Property Highlights:
Two Fully Furnished Units – Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces.
Permitted Short-Term Rental – Operates successfully as a fully furnished STR with city permits already in place.
Modern Comforts – Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations.
Green Energy Ready – Two separate sets of solar panels help minimize utility costs. Upgraded electrical to 200 amp service. Trexs front patio decking.
Outdoor Living – Front unit features a large private patio with brand-new decking and elegant wrought iron railing—perfect for entertaining or relaxing.
Garage &#38' Parking – Shared double garage with ample additional street parking.
Prime Location – Walking distance to Grant Howald Park and the Community Youth Center' just minutes to the beach, top-rated schools, fine dining, shops, and services.
Spacious and Comfortable Living
Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home&#39's coastal charm.
Whether you&#39're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beach’s most desirable neighborhoods—this property delivers.

Property Details

Price:
$3,200,000
MLS #:
NP25139099
Status:
Active
Baths:
0
Address:
617 Iris Avenue
Type:
Residential Income
Subtype:
Duplex
Subdivision:
Corona del Mar North of PCH CNHW
Neighborhood:
cscoronadelmarspyglass
City:
Corona del Mar
Listed Date:
Jun 22, 2025
State:
CA
ZIP:
92625
Lot Size:
3,311 sqft / 0.08 acres (approx)
Year Built:
1965
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Schools

Interior

Accessibility Features
32 Inch Or More Wide Doors, Parking
Appliances
Built- In Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Water Heater
Cooling
Central Air
Fireplace Features
Electric
Flooring
Laminate, Tile
Heating
Forced Air
Interior Features
Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Furnished, High Ceilings, Open Floorplan
Window Features
Double Pane Windows, Screens

Exterior

Community Features
Biking, Curbs, Hiking, Park, Sidewalks, Storm Drains
Electric
220 Volts in Garage, Electricity – On Property
Exterior Features
Rain Gutters
Fencing
None
Foundation Details
Slab
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage
Parking Spots
2.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Water Connected

Map

Community

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617 Iris Avenue
Corona del Mar, CA
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