707 Larkspur Avenue, Corona Del Mar, CA 92625

Property listed by Arbor Real Estate, Stephanie Peterson 949-400-1717

$5,350,000

VACANT duplex - 707 & 707½ Larkspur Avenue presents a rare opportunity to acquire a well-located duplex in the heart of Corona del Mar Village. Offered together and not available for separate purchase, the property provides exceptional flexibility for an owner-user, investor, or multi-generational living arrangement. Built in 2004 and beautifully… Read More maintained, the approximately 3,108 square-foot property comprises two thoughtfully designed residences that live more like separate homes than a traditional duplex. Separated by private patios that create a remarkable sense of privacy and independence, each residence enjoys its own laundry area and separate utilities, with four parking spaces in total - a one-car garage and one-car carport for each home. The front residence spans approximately 1,795 square feet and offers three bedrooms and two-and-one-half baths. An elevated front patio with a charming fountain and gas lamp fixtures welcomes guests, while French doors create a seamless connection between the living room and outdoor space. The custom kitchen, appointed with stainless steel appliances, opens to a dining area overlooking a private rear patio, complemented by a built-in desk, dry bar, generous pantry, and powder bath. Two fireplaces — one in the living room and one in the primary bedroom - add warmth and ambiance throughout. The second level holds the primary suite, with a custom-built closet, alongside two secondary bedrooms sharing a hall full bath. A private rooftop terrace crowns the home above, offering a peek-a-boo view of the water. The rear residence offers approximately 1,313 square feet with two bedrooms and two-and-one-half baths, with an open-concept living room and kitchen. Whether held as an investment, occupied while generating supplemental rental income, or utilized for multi-generational living, the property offers a range of ownership opportunities in one of Orange County's most sought-after coastal communities. Surrounded by the best of Corona del Mar Village - acclaimed dining, boutique shopping, pristine beaches, harbor activities, convenient freeway access, and nearby John Wayne Airport — the home is also in close proximity to the Community Youth Center and Grant Howald Park, and just steps to the OASIS Senior Center and Fitness Center. This exceptional offering invites you to invest in, live in, and enjoy the quintessential CdM lifestyle. Read Less

Listing Snapshot

Days Online

Last Updated

Jul 1, 2026

Property Type

Duplex

Lot Size

0.08 Acres

Year Built

2004

MLS Number

NP26120041

Additional Details

Property Access

Frontage Type: CityStreet, Road Surface: AlleyPaved

Appliances & Equipment

SixBurnerStove, BuiltInRange, Dishwasher, GasOven, GasRange, Microwave, Refrigerator, RangeHood

Building

Built in 2004, 1 building, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1

Community

Biking, Curbs, DogPark, Hiking, StormDrains

Cooling

CentralAir

Doors

FrenchDoors

Accessibility Features

SafeEmergencyEgressFromHome, Parking

Expenses

Electric: $82, Insurance: $4,953, Operating: $43,542, Trash: $86

Fence

StuccoWall

Fireplaces

FamilyRoom, Gas, PrimaryBedroom

Floors

Stone

Foundation

Slab

Garage

2 spaces

Heating

Central

Home Owner's Association

Association Fee: $0

Income

Gross Income: $138,000, Gross ScheduledIncome: $138,000, Net Operating Income: $37,719

Interior Features

GraniteCounters, HighCeilings, Pantry, TileCounters, Unfurnished, AllBedroomsUp, PrimarySuite, WalkInPantry, WalkInClosets

Laundry

WasherHookup, GasDryerHookup, LaundryRoom

Lot

0.0813 acres, TwoToFiveUnitsAcre, DripIrrigationBubblers, SprinklersInRear, SprinklersInFront, SprinklersTimer

Parking

2 carport spaces, 4 total parking spaces, AttachedCarport, Covered, Garage

Pool

None

Property

Turnkey, ParkGreenbelt, Neighborhood, PeekABoo

Roof

Tile

Security Features

SecuritySystem

Sewer

SewerTapPaid

Taxes

Additional parcels description:, Parcel Number: 45906114, Tax Block: 737, Lot: 7

Utilities

CableAvailable, ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable, Water Source: Public, 2 separate electric meters, 2 separate gas meters, 2 separate water meters

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Melanie Kermode

Melanie Kermode

707 Larkspur Avenue

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