Check Availability
$19,995,000
↓ $2.5M (11.1%)
● House - For Sale

2516 Ocean Boulevard

Corona Del Mar, CA 92625
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
5,000 Ft²
$98,179
Est. Monthly

About This Property

Setting a new standard for California coastal living, this exceptional oceanfront residence showcases elevated finishes, refined craftsmanship, and a sophisticated, design-forward aesthetic. Bold materials and a curated coastal palette define a home that is both striking and timeless. Designed by Chris Light with interiors by Jeffrey Maynard, the residence offers true oceanfront living with five bedrooms and a level of architectural integrity rarely found along the coast. The main level is designed for living and entertaining at scale. At its center, the kitchen makes a bold statement with steel and Arabescato marble surfaces, complemented by custom walnut cabinetry fabricated in Italy by The Davani Group and fully integrated Gaggenau appliances. The great room is anchored by a fireplace and a refined bar, while expansive doors open to a large front patio with a fire feature for seamless indoor-outdoor flow. A walk-in pantry with elevator access and a spacious garage accommodating up to five vehicles, plus golf cart parking, complete this level. A private elevator connects all four levels. Upstairs, the primary suite features a fireplace, sitting area, and private balcony with sweeping ocean views. The spa-inspired bath includes Calacatta marble, Nero Marquina floors, Dornbracht fixtures, and a steam shower with unobstructed ocean views. A fully built-out closet with in-suite laundry and two additional ensuite bedrooms with a flexible living space complete this level. The lower level offers a multipurpose lounge, temperature-controlled wine cellar, junior primary suite, and a wellness retreat pre-wired for a sauna, along with a powder room and secondary laundry. The rooftop terrace delivers a resort-style experience with a Casa Blui spa, fire feature, pop-up television, covered loggia, and full bath, all set against panoramic ocean views. Featuring eight bathrooms total-six full and two powder rooms-the home is designed for both everyday living and elevated entertaining. Ideally located near China Cove Beach, Pirate's Cove, Corona del Mar Village, and just minutes from Fashion Island.
Unit Size
5,000 Ft²
Days on Market
195 days
Land Size
0.08 acres
Price per sqft
$3,999
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Payment Calculator

Cap Rate Calculator

Last updated: 19 days ago (CRMLS #LG26086095)

Price History

Date / Event Date Event Price
Oct 6, 2026 Price Decreased $19,995,000
↓ $3M (11.1%)
Price Decreased
Apr 21, 2026 Listed by The Agency $22,500,000
Listed by The Agency
Oct 23, 2021 No longer available -
No longer available
Sep 15, 2021 In contract -
In contract
Sep 4, 2021 Relisted $4,990,000
Relisted
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Carport
Parking Features: Attached Carport, Concrete, Covered, Carport, Direct Access, Garage, Garage Door Opener, Private, Garage Faces Rear, Community Structure, Side By Side, DoorSingle
Garage Spaces: 2
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Storage, Smart Home, Bar, Walk-In Closet(s), Balcony, LivingRoomDeckAttached, MultipleStaircases, Loft, MultiplePrimarySuites, PrimarySuite, WalkInPantry, WineCellar
Appliances: Dishwasher, Gas Cooktop, Refrigerator, Self Cleaning Oven, Dryer, Washer
Flooring Type: Stone, Tile, Wood
Laundry Features: Laundry Closet, Laundry Room
Has Fireplace
Fireplace Features: Great Room, Living Room, Bedroom, Outside
Exterior Details
Square Footage: 5000
Square Footage Source: $0
Security Features: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: AdditionsAlterations
Architectural Style: Contemporary
Year Built Source: Owner
Year Built: 2026
Waterfront Features: AcrossTheRoadFromLakeOcean, OceanSideOfFreeway, OceanSideOfHighway
Levels: Three Or More
Window Features: Blinds, Drapes, Insulated Windows, Triple Pane Windows, CustomCoverings
Patio and Porch Features: Deck, Terrace, Rooftop, Stone, Tile
Pool Features: None
Lot Features: Rectangular Lot
Lot Size Area: 3485
Lot Size Units: Square Feet
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Tax Lot: 4
Water Source: Public
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,294
  • Total Building Area: 689
  • Gross Building Area: 689
  • Building Area: 689
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 689
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORONA DEL MAR RESUB
  • Land Acres: 0000000076
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR RESUB OF CORONA DEL MAR BLK 131 LOT 4

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062701

Geography

  • Assessors Map Reference: 33-A1
  • Subdivision Tract Number: 648
  • Parcel: 052-031-07
  • Block: 131
  • Lot: 4
  • Latitude: 33.5983
  • Longitude: -117.878

    Address

  • Full Address: 2516 Ocean Blvd
  • Address - House Number: 2516
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Corona Del Mar
  • Carrier Code: C003
  • 4-Digit Zip Code: 2822
  • Zip Code: 92625

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,970,950
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 4,160,834
  • High Value: 5,015,546
  • Low Value: 3,306,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,993,000
  • Assessed Land Value: $3,905,914
  • Assessed Improvements Value: $87,086

    Sales

  • Current Sale Contract Date: Apr 26, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 101884
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $4,600,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Corona del Mar


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 498 Park Ave, NEWPORT BEACH, CA, 92662

$10,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,183 ft²
498 Park Ave, NEWPORT BEACH, CA, 92662 Listing by Kristy Holt
Unit for rent at 423 Orchid Ave, CORONA DEL MAR, CA, 92625

$7,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,427 ft²
423 Orchid Ave #12, CORONA DEL MAR, CA, 92625 Listing by Nahid Aliakbarzadeh
Unit for rent at 730 Saint James Place, NEWPORT BEACH, CA, 92663

$8,895 /mo

  • 3 Beds
  • 3 Baths
  • 2,576 ft²
730 Saint James Place, NEWPORT BEACH, CA, 92663 Listing by George Hanold


Frequently Asked Questions

When was property at 2516 Ocean Boulevard built and last sold?
The property at 2516 Ocean Boulevard was built in 1950 and last sold on Apr 26, 2023 for $5,550,000.
How much is this home worth?
The estimated value of the home located at 2516 Ocean Boulevard is $20,194,950.
What are some comparable homes to 2516 Ocean Boulevard?
There are currently no comparable homes to 2516 Ocean Boulevard.

Nearby Counties