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3516 Ocean Blvd is on the market for the first time in 50+ years making it an even more exclusive opportunity. It’s rare to find a property with so much potential in such a prime location. Sitting across from Inspiration Point, the original subdivision map shows this site as two side-by-side lots which adds to its potential for customization. The existing 6,000+ square-foot home is a unique property, with its magnificent patios, and multiple bedrooms; featuring a one-of-a-kind stained-glass window that adds to the home’s charm and character. With 180-degree views of the ocean, Catalina Island, Big Corona, and Newport Bay, this property offers breathtaking scenery that is hard to find anywhere else. The over 10,000 square-foot lot also allows the opportunity to build a custom home that truly captures the essence of the Corona del Mar Village life. Overall, this property is a distinctive and remarkable opportunity for someone who wants to work with the existing structure or build their forever custom home in an unbeatable location with unparalleled views.
Listing agent: Jennifer Drews DRE #02073327 jennifer.drews@compass.com, Listing office: Compass
MLS data updated 10/31/2026, 4:44:29 PM PT
Source: CRMLS, MLS #: NP23035157
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 18, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$12,000,000Closed sale · Aug 18, 2023ZIP 92625 · Aug 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.