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DEVELOPMENT OPPORTUNITY: Positioned on a coveted corner parcel in the heart of Corona del Mar's beloved Flower Streets, 501 Poinsettia presents a rare and compelling opportunity that extends far beyond its existing charm. Encompassing approximately 1,990 square feet, this duplex offers both immediate livability and exceptional potential for future development. The front residence features a thoughtfully designed two-bedroom, one-bath layout, complemented by a versatile den or dedicated office space. Privately set at the rear, the one-bedroom, one-bath unit includes its own washer and dryer and a secluded patio, creating an ideal retreat for guests or supplemental income. Framed by a fenced front yard and enhanced by a spacious two-car garage, the property enjoys an abundance of natural light thanks to its premier corner positioning. What truly distinguishes this offering is its extraordinary development potential. Situated on an enviable, flat parcel just a few blocks from the beach, the property presents a rare opportunity to reimagine the site with either two newly constructed luxury condominiums or a bespoke single-family residence, each option capturing the essence of elevated coastal living. Enjoy all the benefits of "The Village""”a world-renowned seaside community known for its walkable charm, beautiful beaches, boutique shops, acclaimed restaurants, weekly farmers market, and welcoming atmosphere. Just moments from Fashion Island, Pelican Hill Resort and Golf Course, cultural landmarks, and John Wayne Airport, this home offers an unbeatable location.
Property Type(s):
Single Family
| Last Updated | 5/1/2026 | Tract | Corona del Mar North of PCH (CNHW) |
|---|---|---|---|
| Year Built | 1961 | Community | CS - Corona Del Mar - Spyglass |
| Garage Spaces | 2.0 | County | Orange |
SCHOOLS
| Elementary School | Harbor View |
|---|---|
| Jr. High School | Corona Del Mar |
| High School | Corona Del Mar |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Freezer, Refrigerator, Washer, Water Heater |
| AREA | CS - Corona Del Mar - Spyglass |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Storage |
| LOT | 3541 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 3540 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Corona del Mar North of PCH (CNHW) |
| UTILITIES | Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Pacific Sotheby's Int'l Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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