Listed by SCOTT LISSOY, Scott Lissoy, Broker,

2812 Ocean Blvd

Corona del Mar, CA, 92625

$5,700,000

$5,700,000
Sold
Sold
property_type
Land
Price Just Reduced $1.2M & Back On Market After Falling Out of Escrow (Priced almost $500k less than adjacent lot at 2808 Ocean Blvd. which just sold for $6.279M (MLS #NP22179960) - LOCATION LOCATION LOCATION - Incredible opportunity to build a new custom home at a coveted Ocean Blvd address directly across from Lookout Pointe overlooking the Pacific Ocean and Newport Beach harbor with excellent proximity to Pirate's Cove Beach access. 2812 Ocean Blvd. is a place to call home. Lot dimensions are approximately 44.5' wide with varied lengths of 152.25' and 171.75'. 2812 was previously approved for and permitted for construction of a 5,924 square foot custom residence with an entertainment room with full sized bar, covered spa, triple row theater and game room accessed via an elevator, 5 bedrooms (all with an en suite bathroom) and a powder room for a total of 6 bathrooms, an office and an oversized 3 car garage. Permit fees and development fees were previously paid and many (but not all) of the fees may apply to new construction. House plans are not included with the sale. Lender has reduced the price significantly to sell the lot; offers will be responded to quickly. Don’t miss out on an opportunity that may not be seen in the market again for generations. Disclosure: Property is subject to a maximum height deed restriction and the previously approved home plans presumably comply. Property is Lender Owned REO. All stated square footages are approximate and Buyers are to satisfy themselves as to the utility of the lot and deed restriction. Do not make an offer to buy this lot unless Buyer understands and is prepared to build a home that is within the height limits (single story home at sidewalk grade with allowable subterranean indoor and outdoor living space). Information on the deed restriction is readily available.
MLS® ID:
IV21011816
Listed:
1/18/21
Updated:
12/2/22

Exterior/Building Features

Lot Size
6,534 ft² lot
Lot Details
0-1 Unit/Acre, Bluff, Sloped Down, Front Yard, Gentle Sloping, No Landscaping, Near Park, Paved, Value In Land
Sewer
Public Sewer

Other Property Details

Area Name
CS - Corona Del Mar - Spyglass
Association Amenities
Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban, Park
Garage
No
Parking
N
View
Y
County
Orange
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available
Water Source
Public
Pool
No
Zoning
SFR

Property History

Date
Event
Price
Value
12/1/22
Sold
-
-
12/1/22
Price Change
$5,700,000
-1%
11/21/22
Pending
-
-
11/7/22
Active Under Contract
-
-
10/14/22
Active
-
-
8/31/22
Active Under Contract
-
-
6/21/22
Price Change
$5,790,000
-3%
4/8/22
Price Change
$5,990,000
-11%
2/2/22
Active
-
-
1/24/22
Active Under Contract
-
-
11/29/21
Active
-
-
11/14/21
Active Under Contract
-
-
9/28/21
Active
-
-
9/15/21
Active Under Contract
-
-

Courtesy of Scott Lissoy, Broker, SCOTT LISSOY,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 12/2/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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