facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Single Family

/

Sale

/

2201 Bayside Drive

Corona Del Mar Single Family Sells For $24.5M With Buyer's Rep Garrett Weston And Seller's Rep The Oppenheim Group
SOLDSingle Family

Corona Del Mar Single Family Sells For $24.5M With Buyer's Rep Garrett Weston And Seller's Rep The Oppenheim Group

2201 Bayside Drive

$24,500,000

$2,683/SF

Building Size

9,129 SF

Asset Type

Single Family

Closing

Nov 22, 2023

AI

A single-family waterfront property in Corona del Mar located at 2201 Bayside Drive has recently been sold for a remarkable price of $24,500,000. The three-level residence boasts an impressive 9,129 square feet of living space and a price per square foot of $2,684. Situated on prime real estate, the property offers 50 feet of beachfront access and includes shared ownership of a 250-foot dock.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $24,500,000
  • Square Footage: 9,129
  • Price Per Square Foot: $2,684
  • Address: 2201 Bayside Drive, Corona del Mar
  • Market: Corona del Mar

Gaining recognition for setting a new record in the area, the property offers luxurious waterfront living with its breathtaking views and exceptional amenities. The deal was facilitated by Garrett Weston of Coldwell Banker, who represented the buyer. On the seller's side, the transaction was handled by Brian Furstenfeld, Kayla Cardona, Matthew Peters, and Jason Oppenheim from The Oppenheim Group, a prominent real estate agency in the region.

Note: The Oppenheim Group agents successfully managed the sale of this remarkable Corona del Mar property, which sold for an outstanding $25 million. The property includes a three-level residence, offering 50 feet of beachfront access and shared ownership of a 250-foot dock. Garrett Weston served as the buyer's representative in this record-setting transaction.

Players

Jason Oppenheim

Broker

$115.2M

vol

15 deals

Broker

Corona Del Mar Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.65%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93