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$2,599,000

Beds
2
Baths
2.5
sq ft
1,908

2534 Bungalow Pl Unit 87, Corona Del Mar, CA 92625

2534 Bungalow Pl Unit 87

Corona Del Mar, CA 92625

  • 39 days on market
    • Price drop $51,000↓
This exquisite residence is situated in the highly desirable Sailhouse community of Corona Del Mar. This detached, former model home is ready for immediate occupancy and features an elegant two-bedroom, two-and-a-half-bath layout with an additional expansive den/office space. The property exudes sophistication and functionality, enhanced by high-quality finishes that create a modern and refined atmosphere. The kitchen is appointed with state-of-the-art appliances, Calacatta marble countertops, and a bespoke waterfall island that provides a dining option in addition to a separate dining area. The grand owner's suite is a testament to luxury with its vaulted ceilings, extensive walk-in closet, and an ensuite bathroom equipped with dual vanities and a walk-in shower. An additional generously sized ensuite bedroom, along with the office/den, complete the upper level of this distinguished home. Outside, the inviting front patio offers a serene space to entertain and savor the coastal ambiance of this tranquil neighborhood. The residence also includes a sizable laundry room on the first floor and the convenience of an attached two-car garage. Located mere minutes from the upscale amenities of Corona Del Mar Village, the renowned Fashion Island, top-tier schools, and pristine beaches, this home presents a rare opportunity for those seeking a turnkey lifestyle in an esteemed coastal enclave.

Details

Property type

Condominium

Est. home value

$2,357,799

Lot size

Unknown

Price per sq ft

$1,363

Year built

2002

Monthly HOA fee

$238

Price History

02/03/2025
CRMLS

CRMLS #PW25010206

Price change
$2,599,000
-1.92%
01/16/2025
CRMLS

CRMLS #PW25010206

Listed
$2,650,000
+12.79%
03/02/2024
CRMLS

CRMLS #PW24013438

Removed
$2,349,500

Schools & Community

Neighborhood: 

Corona del Mar

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Newport Mesa Unified

Number of units in community: 

88

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,589,014
Asking price
$2,599,000
Closing costs (~8% of asking)
-$207,920
Est. remaining loan balance
-$802,066
Cash to seller
$1,589,014

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jc Financial Solutions Inc

Loan start date

December 2021

Original loan amount

$860,000

Est. remaining balance

$802,066

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Rodney E Fehlman and Trina N Fehlman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 4:20 PM

Listing updated: 02/03/2025 at 9:54 PM

Listed by: Justin Itzen, The Oppenheim Group Phone #: (978) 888-1069

MLS: CRMLS #PW25010206

CRMLS logo

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