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2212 Pacific Drive — Corona Del Mar — 5 Beds • 8 Baths • 4,600 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

+8 more

$6,700,000

0 DOM

$1,457/sqft5 bd8 ba4,600 sqft

Call

2212 Pacific Dr Corona Del Mar, CA 92625

4,729sqft lot

DEVELOPMENT OPPORTUNITY. Enjoy spectacular ocean and harbor views that rival or exceed Ocean Blvd with the unparalleled privacy found only on the coveted Pacific Drive in Corona Del Mar. Situated on an oversized 35.5-foot-wide lot, this newly subdivided parcel allows for a total of 4,761 buildable square feet with the ability to build out an additional 500 s.f. JADU or an 800 s.f. ADU. Plans designed by Teale Architecture are currently underway, estimated to be permit-ready by end of June 2026. Current plans feature a total of 4,600 s.f. of sophisticated living space including: 5 bedrooms, 5 en-suite bathrooms, 3 half baths (one per floor), and flexible bonus space for gym or home office (JADU specs included in these counts). Architectural features include soaring 9'6"-11' ceilings, three-car garage, seamless indoor-outdoor entertaining across three levels, multiple fireplaces, and an impressive rooftop patio accessible via private elevator. This is a rare chance to get in early on the design process and collaborate with the architect and designers to fully customize your dream home on one of Corona Del Mars most sought after streets.

MLS OC26007146

714-469-6369 (Office) brent@engstromgroup.com

Est. payment

$42,812/mo

Principal & interestTaxesInsurance

$33,879$6,979$1,954

Down %

Rate %

Years

Down payment: $1,340,000 · Total cost: $13,536,385

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$42,812/mo

Principal & interest: $33,879
Est. property tax: $6,979
Est. insurance: $1,954
Down payment: $1,340,000

Est. gross rent$27,917/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-14,895/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 1, 2026	$6,700,000	—

Facts & Features

Structure & Property

Year Built2026

Garage Spaces3

714-469-6369 (Office) brent@engstromgroup.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

2212 Pacific Drive, Corona Del Mar, CA 92625

Get Directions

Call

2212 Pacific Dr Corona Del Mar, CA 92625

About this home

Brent Engstrom

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Brent Engstrom

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

2212 Pacific Drive, Corona Del Mar, CA 92625

About This Property

Property Photos

2212 Pacific Dr Corona Del Mar, CA 92625

About this home

Brent Engstrom

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Brent Engstrom

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.