Property

Corona Del Mar, CA 92625 306 Marguerite

306 Marguerite Corona Del Mar, CA - Image 1306 Marguerite Corona Del Mar, CA - Image 2306 Marguerite Corona Del Mar, CA - Image 3
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306 Marguerite Corona Del Mar, CA - Image 4306 Marguerite Corona Del Mar, CA - Image 5306 Marguerite Corona Del Mar, CA - Image 6306 Marguerite Corona Del Mar, CA - Image 7306 Marguerite Corona Del Mar, CA - Image 8306 Marguerite Corona Del Mar, CA - Image 9306 Marguerite Corona Del Mar, CA - Image 10306 Marguerite Corona Del Mar, CA - Image 11306 Marguerite Corona Del Mar, CA - Image 12
Presented By: Steven Sergi with VALIA Properties; 949-292-6545
  • MLS# NP26054437
  • 03/12/2026
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3
  • SQFT • 2,225
  • Garage • 2

Home Details

Positioned in the coveted 300 block of the Corona del Mar Flower Streets, south of Pacific Coast Highway, 306 Marguerite Avenue presents a rare permit-ready development opportunity in one of the most desirable locations in The Village. The existing 1950 triplex is being offered with fully approved plans, allowing the next owner to break ground immediately while bypassing the lengthy approval process with the City of Newport Beach and the Coastal Commission. Designed by Teale Architects, the approved plans envision a thoughtfully designed new construction condominium development that maximizes both livability and outdoor space. The proposed front residence (Unit A) offers approximately 2,130 square feet with 3 bedrooms and 3.5 baths, complemented by a private 1-bedroom / 1-bath ADU with kitchenette of approximately 304 square feet, for a combined total of approximately 2,434 square feet. The proposed rear residence (Unit B) is designed as a spacious 1,423 square foot 2-bedroom, 2.5 bath condominium. Both homes feature generous outdoor living areas including expansive patios and rooftop decks, creating seamless indoor-outdoor living environments that embrace the coastal lifestyle. An additional advantage of this particular location is its zoning, which allows for a greater overall height limit than typically permitted within much of the Corona del Mar Village. This allowance provides the opportunity for enhanced ceiling heights throughout the residence, including notably higher ceilings on the third level, a feature that is uncommon among many Flower Street properties and contributes to a more open, light-filled living environment. Located in the heart of the Corona del Mar Village, the Flower Streets are widely regarded as one of the most desirable neighborhoods in Newport Beach. Residents enjoy exceptional walkability to local boutiques, cafés, and restaurants along Pacific Coast Highway, while the scenic paths of Ocean Boulevard and multiple beaches are just moments away. With approved architectural plans in place and an irreplaceable Village location, 306 Marguerite Avenue offers a unique opportunity to begin construction immediately and deliver a premier coastal development in one of Orange County’s most sought-after communities.
Presented By: Steven Sergi with VALIA Properties; 949-292-6545

Interior Features for 306 Marguerite

Bedrooms

Main Level Bedrooms4
Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Main Level Bathrooms3
Total Baths3

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesCommon Area, Laundry Room
Total Stories2

Other Rooms

Entry Level1

General for 306 Marguerite

Additional Parcels Y/NNo
Attached Garage Yes
CityCorona Del Mar
Community FeaturesCurbs, Sidewalks
CoolingNone
CountyOrange
DirectionsPCH to Marguerite South
Entry Location1
Full Baths3
Garage Spaces2
Garage Y/NYes
HOANo
HOA Fee$
High School DistrictNewport Mesa Unified
Land Lease Y/NNo
Lease Considered Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Living Area2225
Living Area UnitsSquare Feet
Lot Size Square Feet3485
Lot Size UnitsSquare Feet
MLS AreaCS - Corona Del Mar - Spyglass
New ConstructionNo
Number Of Units Total3
Occupancy TypeOwner
Pool FeaturesNone
PostalCityCORONA DEL MAR
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Structure TypeTriplex
Subdivision NameCorona del Mar South of PCH (CDMS)
Tax Lot8
ViewNone
Year Built1950
Year Built SourceAssessor

Exterior for 306 Marguerite

Lot FeaturesRectangular Lot, Street Level
Lot Size Acres0.08
Lot Size Area3485
Lot Size SourceAssessor
Private PoolNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

Middle School N/A
Elementary School Big Hollow Elementary School

Limor Zamir

Realtor®
Price $4,959,000
MLS#NP26054437
List Date 03/12/2026
Property Type Multi-Family
Phone 310.866.3778
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Request Info
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