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2201 Bayside Drive

Garrett Weston Of Coldwell Banker Represents Both Buyer And Seller In $26M Corona Del Mar Sale
SOLDSingle Family

Garrett Weston Of Coldwell Banker Represents Both Buyer And Seller In $26M Corona Del Mar Sale

2201 Bayside Drive

$26,000,000

$2,787/SF

Building Size

9,329 SF

Asset Type

Single Family

Closing

Mar 7, 2025

AI

A 9,329-square-foot bayfront mansion located at 2201 Bayside Drive in Newport Beach’s Corona del Mar has been sold off-market for $26 million, down from its $28 million asking price. The property, built in 2021, features a 100-foot yacht dock, a six-car garage, and offers ocean views. The total area of the lot is 0.27 acres.

Summary of transaction details:

Garrett Weston of Coldwell Banker represented both the buyer and seller in this transaction, highlighting the effective negotiation and brokerage in handling off-market property sales.

Players

Garrett Weston

Coldwell Banker

Broker

$50.5M

vol

2 deals

Broker

Corona Del Mar Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93