Among all luxury real estate along the Southern California coast, Newport Beach real estate, Laguna Beach, Newport Coast, and Corona del Mar is held in the highest regard. Newport Beach is central to the Orange County coastline featuring eye-catching breakwaters, multiple piers as well as beautiful Balboa Island and the Balboa Peninsula. Laguna Beach lies just south of Newport Beach and is renowned for its exclusive real estate overlooking the ocean on cliffs and hills. Newport Coast realty is the master-planned community located in the south of Newport Beach. Corona del Mar is another affluent beach city neighboring Newport Beach. Our esteemed team of real estate agents at HÔM Sotheby's International Realty proudly represent Newport Beach real estate, Southern California, and beyond.
Prime 40-foot wide R-2 zoned lot located in the coveted 300-block of the CDM “Flower Streets”. This property is ideally located on the even-numbered, sunny side of Iris Avenue, a quiet, no-though street with close proximity to the beach, the Goldenrod foot bridge and CDM's shops and restaurants. It is currently improved with two charming and well-maintained side-by-side 2-story rental units each with 2 BR/1Bath. The property is also ideally suited for redevelopment into a single-family residence or a 2-condo front and back project, either scenario providing up to approximately 4,000-sf of living area. This represents an extraordinary opportunity to own quality investment property or custom-build your new home. Experience the best of coastal living in the heart of Corona del Mar with easy access to shopping, recreation, award winning schools and much more.