$5,495,000
520 IrisCorona Del Mar, CA 92625Corona del Mar North of PCH
602 602.5 Marguerite 2, Corona Del Mar, CA 92625
- 3,032 sq ft
- Built 1969
$4,850,000
Subdivision Corona del Mar North of PCH
8 duplexes sold in the past 12 months · median $3,712,500
This property is also on the market under MLS NP26189751 (Residential).
The home
About 602 602.5 Marguerite 2
CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too.
This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just 2 blocks from the property, offering a gym, various classes & all kinds of other social events for the senior community of 55 yrs & older.
Property details for 602 602.5 Marguerite 2
This duplex sits in the Corona del Mar North of PCH neighborhood of Corona Del Mar in Orange County. It offers 3,032 square feet of living space and is listed at $4,850,000, about $1,600 per square foot. The home was built in 1969. The MLS record lists the assessor parcel number as 459-064-09. Highlights include city lights views, a fireplace, a two-car garage, an updated home, and craftsman architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $4,850,000
- Days On Site
- 53 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,032 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1969
- MLS® Number
- NP26180031
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Duplex
- MLS Number
- NP26180031
- Year Built
- 1969
- Lot Size (sq ft)
- 3,772
- Lot Size (acres)
- 0.0866
- Levels
- Two
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- City Lights, Neighborhood
- Parcel Number
- 45906409
- On Market Date
- 2026-08-19
- Listing Terms
- Standard
Interior Features
- Interior Features
- Built In Features, Balcony, Ceiling Fans, Furnished, Granite Counters, In Law Floorplan, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Partially Furnished, Stone Counters, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Dressing Area, Primary Suite, Walk In Closets
- Appliances
- Dishwasher, Exhaust Fan, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
- Flooring
- Carpet, Vinyl
- Heating
- Forced Air
- Cooling
- None
- Fireplace
- Free Standing, Gas, Gas Starter, Outside
- Laundry
- Common Area, In Garage
- Entry Level
- 1
- Common Walls
- One Common Wall, No One Above, No One Below
- Windows
- Blinds, Custom Coverings, Double Pane Windows, Screens
- Doors
- Mirrored Closet Doors, Sliding Doors
- Accessibility
- Low Pile Carpet, Accessible Doors
- Rooms
- Entry Foyer, Primary Bathroom, Other, Primary Bedroom, Laundry, Bedroom, Kitchen, Family Room
Exterior Features
- Architectural Style
- Bungalow, Cottage, Craftsman, Custom, Patio Home
- Exterior Features
- Barbecue, Lighting, Rain Gutters, Fire Pit
- Roof
- Composition, Tile
- Construction
- Stucco
- Foundation
- Slab
- Lot Features
- Two To Five Units Acre, Front Yard, Sprinklers In Front, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Walkstreet, Yard
- Parking
- Concrete, Door Single, Garage, Garage Door Opener, No Driveway, Private, Garage Faces Rear, Side By Side
- Fencing
- Good Condition, Stone, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Sewer Tap Paid
- Water
- Public
- Utilities
- Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Faces
- North
- Units
- 2
Community Features
- Subdivision
- Corona del Mar North of PCH (CNHW)
- Community Features
- Biking, Curbs, Foothills, Golf, Gutters, Hiking, Storm Drains, Street Lights, Suburban, Sidewalks, Water Sports, Fishing, Marina, Park
- Association Amenities
- Maintenance Front Yard
- Security
- Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors
The record
Property History for 602 602.5 Marguerite 2
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 29, 2026 | Price reduced | $4,850,000 | From $4,995,000 |
| Aug 19, 2026 | Status changed to Active | From Coming Soon | |
| Aug 19, 2026 | Listed for sale | $4,995,000 |
Cost of ownership
Estimated monthly payment
7.28% · 30-yr fixed$
$37,425/mo
10% down · 30-year fixed · $485,000 down
Principal & interest$29,866
Mortgage insurance (est., over 80% LTV)$1,819
Property tax (est. 1.07%)$4,325
Home insurance (rough est., varies widely)$1,415
HOANot reported, not included
$32,287/mo
20% down · 30-year fixed · $970,000 down
Principal & interest$26,547
Property tax (est. 1.07%)$4,325
Home insurance (rough est., varies widely)$1,415
HOANot reported, not included
$28,969/mo
30% down · 30-year fixed · $1,455,000 down
Principal & interest$23,229
Property tax (est. 1.07%)$4,325
Home insurance (rough est., varies widely)$1,415
HOANot reported, not included
Estimated carrying cost
$5,740/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.07%)$4,325
Home insurance (rough est., varies widely)$1,415
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Corona Del Mar rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 602 602.5 Marguerite 2
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Selling near 602 602.5 Marguerite 2
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The neighborhood
About Corona del Mar
Corona del Mar is a seaside community of Newport Beach in Orange County, set along Pacific Coast Highway above the shoreline, with Corona del Mar State Beach (Big Corona) and Little Corona del Mar Beach below the bluffs. Its walkable Village connects to Sherman Library and Gardens, Lookout Point, and Inspiration Point, within the Newport-Mesa Unified School District.
Corona del Mar North of PCH home sales, past 12 months
- Homes sold
- 8
- Median price
- $3,712,500
- Median days on market
- 2
- Median per sq ft
- $2,292
Recorded MLS closings of duplexes, Oct 4, 2025 to Oct 4, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Corona del Mar North of PCH sales
At $1,600 per square foot, this home's asking price is 30% below the Corona del Mar North of PCH median of $2,292 for duplexes that closed in the past 12 months.
Recent Corona del Mar North of PCH sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 600 Orchid | Aug 20, 2026 | $4,100,000 | 2,700 | $1,519 | 4 |
| 612 Narcissus Avenue | Jul 21, 2026 | $3,470,000 | 1,344 | $2,582 | 0 |
| 611 Larkspur | Jul 8, 2026 | $3,675,000 | 1,636 | $2,246 | 9 |
| 501 Poinsettia Avenue | May 26, 2026 | $3,750,000 | 1,990 | $1,884 | 7 |
| 503 Larkspur Avenue | May 14, 2026 | $3,600,000 | 1,200 | $3,000 | 0 |
See the 15 other homes for sale Corona del Mar housing market
Location
Location
Photographs
Photos of 602 602.5 Marguerite 2, Corona Del Mar
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Listed by Denine Kerns of Douglas Elliman Of California
Listing information updated Oct 11, 2026 at 4:46 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.