Updated May 12, 2025
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
About this deal
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:
- Property Type: Single Family
- Transaction Amount: $26,000,000
- Square Footage: 9,329
- Price Per Square Foot: $2,787
- Address: 2201 Bayside Drive
- Market: Corona del Mar
- Broker: Garrett Weston - Coldwell Banker
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
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