Listing Agent: Stephanie Peterson      Broker/Office: Arbor Real Estate
707 Larkspur Avenue Corona Del Mar CA 92625
$ 5,350,000
  5   |    4 Full  2 Half   |    3108 Sq Feet

Listing ID

#NP26118292

Status

Coming Soon

Property Type

Duplex

Property Style

Custom

County

Orange

Neighborhood

Corona del Mar North of PCH (CNHW)

Year Built

2004

Days on website

8

Description
707 & 707½ Larkspur Avenue presents a rare opportunity to acquire a well-located duplex in the heart of Corona del Mar Village. Offered together and not available for separate purchase, the property provides exceptional flexibility for an owner-user, investor, or multi-generational living arrangement.
Built in 2004 and beautifully maintained, the approximately 3,108 square-foot property comprises two thoughtfully designed residences that live more like separate homes than a traditional duplex. Separated by private patios that create a remarkable sense of privacy and independence, each residence enjoys its own laundry area and separate utilities, with four parking spaces in total - a one-car garage and one-car carport for each home.
The front residence spans approximately 1,795 square feet and offers three bedrooms and two-and-one-half baths. An elevated front patio with a charming fountain and gas lamp fixtures welcomes guests, while French doors create a seamless connection between the living room and outdoor space. The custom kitchen, appointed with stainless steel appliances, opens to a dining area overlooking a private rear patio, complemented by a built-in desk, dry bar, generous pantry, and powder bath. Two fireplaces — one in the living room and one in the primary bedroom - add warmth and ambiance throughout. The second level holds the primary suite, with a custom-built closet, alongside two secondary bedrooms sharing a hall full bath. A private rooftop terrace crowns the home above, offering a peek-a-boo view of the water.
The rear residence offers approximately 1,313 square feet with two bedrooms and two-and-one-half baths, with an open-concept living room and kitchen. Currently tenant occupied on a month-to-month basis, it provides immediate income potential.
Whether held as an investment, occupied while generating supplemental rental income, or utilized for multi-generational living, the property offers a range of ownership opportunities in one of Orange County's most sought-after coastal communities. Surrounded by the best of Corona del Mar Village - acclaimed dining, boutique shopping, pristine beaches, harbor activities, convenient freeway access, and nearby John Wayne Airport — the home is also in close proximity to the Community Youth Center and Grant Howald Park, and just steps to the OASIS Senior Center and Fitness Center. This exceptional offering invites you to invest in, live in, and enjoy the quintessential CdM lifestyle.
Location
Financial Information
List Price:  $ 5350000
Property Features
Accessibility Features:  Parking
Appliances:  Dishwasher, Microwave, Refrigerator
Community Features:  Biking, Curbs, Hiking
Elementary School:  Harbor View
Fireplace Features:  Gas
Flooring:  Stone
Foundation Details:  Slab
Heating:  Central
High School:  Corona Del Mar
High School District:  Newport Mesa Unified
Interior Features:  Pantry, Unfurnished
Middle Or Junior School:  Corona Del Mar
Parking Features:  Covered, Garage
Patio And Porch Features:  Covered, Deck, Open, Patio, Stone
Property Condition:  Turnkey
Roof:  Tile
Senior Community YN:  false
Structure Type:  Duplex
View:  Neighborhood
Water Source:  Public
Elementary School:  Harbor View
High School:  Corona Del Mar
High School District:  Newport Mesa Unified
Middle Or Junior School:  Corona Del Mar
Senior Community YN:  false
MLS Area Major:  CS - Corona Del Mar - Spyglass
City:  Corona Del Mar
Listed By:   Stephanie Peterson   Arbor Real Estate 
CA Lic#