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Corona Del Mar, CA

$5,595,000

520 Iris, Corona Del Mar, CA
1973
Built
77
Days listed

About this home

Experience refined coastal living in this fully remodeled, grandfathered oversized duplex on a prime corner lot in the heart of the Village. Reimagined in 2023 with meticulous attention to detail, this exceptional property delivers the feel of brand-new construction, while offering a scale and square footage that simply can’t be replicated today. Spanning 3,649 square feet, the residence features two expansive units, each thoughtfully designed with high-end finishes, open-concept layouts, and seamless indoor-outdoor living. Enjoy spacious patios and balconies, a turfed entertainment deck, an oversized two-car garage, and a rare 225-square-foot basement, an uncommon bonus in this area. The lower unit is a standout 3-bedroom, 2.5-bath home offering 1,873 square feet, highlighted by soaring 10-foot ceilings in the kitchen and 9-foot ceilings in the living area. Upstairs, the 1,776-square-foot unit includes 3 bedrooms and 2 baths, plus a versatile laundry room that can be converted into a powder room. Its expansive outdoor deck serves as an additional living space, perfect for entertaining, dining, or relaxing by the fire pit. Both units feature French white oak flooring, custom cabinetry, granite countertops, stainless steel appliances, and drought-tolerant landscaping. The exterior is finished with striking New Tech siding for lasting durability and low maintenance. Positioned on a coveted corner, the home is filled with natural light from sunrise to sunset. This rare investment opportunity allows for flexible living, occupy one unit while generating income from the other. Ideally located just steps from the beach, shops, and local dining, and minutes from premier destinations and major conveniences, this property captures the essence of elevated California coastal living. A truly one-of-a-kind offering, don’t miss your chance to own it.

Facts & features

Interior
Interior features
Built In Features, Balcony, Ceramic Counters, Cathedral Ceilings, Granite Counters, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Bedroom On Main Level, Galley Kitchen, Main Level Primary
Fireplace
Gas
Heating
Central
Cooling
Central Air, Gas
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks
Levels
Multi Split
Spa
None
Exterior & lot
Lot size
0.08 acres (3,485 sq ft)
Pool
None
View
Hills, Mountains, Neighborhood, Panoramic
Architectural style
Modern
Year built
1973
Parking
Garage
Parking spaces
2
Community
Area
CS - Corona Del Mar - Spyglass
County
Orange
Community features
Biking, Curbs, Dog Park, Hiking, Park
Listing details
Status
Active
Property type
Duplex
Days on market
77
Listed
2026-04-20
Original price
$5,795,000
Terms
Cash, Cash To New Loan, Conventional
Parcel #
45918607
MLS #
NP26097495
Listed by
Steven "Bud" Mastropaolo · eXp Realty of Southern Ca, Inc

Location

Price history

Listed
$5,795,000 · 2026-04-20
Price reduced
$5,595,000 (−$200,000)
Days on market
77
Current price
$5,595,000
Financing

Could this home be yours?

Estimated monthly payment
$35,099
$28,291 principal & interest · $6,807 taxes & insurance
$1,119,000
Estimate only
Loan $4,476,000

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Listing data provided by CRMLS

Listing courtesy of eXp Realty of Southern Ca, Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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