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617 Iris Avenue, 
Corona Del Mar (Newport Beach), CA 92625

$3,200,000


Bed


Bath


3,620

Sq Ft


Multi-Family

Active

Listed by

Ernie Caponera

Newport Properties

Last updated:

June 24, 2025, 03:11 AM

MLS#

CRNP25139099

Source:

CAMAXMLS

About This Home

617 Iris Avenue

Exceptional Duplex Opportunity in Coveted Corona Del Mar – R2 Zoned Don'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 & Parking – Shared double garage with ample additional street parking. Prime Location – Walking distance to Grant Howald Park and the Community Youth Center; jus

Home Facts

Multi-Family

Built in 1965

Price Summary

3,200,000

$883 per Sq. Ft.

MLS #:

CRNP25139099

Last Updated:

June 24, 2025, 03:11 AM

Added:

2 day(s) ago


Rooms & Interior

Interior

Living Area:

3,620 Sq. Ft.


Structure

Structure

Building Area:

3,620 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

3,311


Finances & Disclosures

Finances

Price:

$3,200,000

Price per Sq. Ft:

$883 per Sq. Ft.

MLS Logo
Bay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 24, 2025

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.