Corona Del Mar Ocean View Home Drops Price By $260K

CORONA DEL MAR, CA — The sellers of this oceanview piece of paradise just dropped their price by $260,000 in Corona Del Mar. The revised just a hair under $3 million asking price amounts to about $14,129 a month, the experts at Realtor.com say.

That asking price is quite a payday, with the last recorded selling price listed at $40,000 in 1989.

• Address: 408 Hazel Dr, Corona Del Mar, California
• Price: $2,990,000
• Square Feet: 2200
• Bedrooms: 4
• Bathrooms: 4 Baths
• Built: 1947
• Features:

Completely renovated (2013) detached home with incredible 9193 square foot terraced lot. A short 3 blocks from the ocean. Build your own large custom home to take better advantage of the ocean and hillside views or add guest quarters (Accessory Dwelling Unit) on the lower part of the lot.

Upstairs bedrooms, living room, and large deck offer peek ocean view plus hillside and city light views. There is a huge view deck off the living room plus a large patio with a flat fenced grassy area. The terraced lower lot offers lots of space for a garden or fruit trees.

Spacious kitchen with breakfast bar opens to the living room and features stainless steel appliances, granite counters with mosaic backsplash, ceramic tile floor, newer cabinets, recessed lighting, and pendant lights over the bar. Living room with gas/wood fireplace and French doors opening to huge deck with the ocean, hillside, and city light views. View Carpeted bedrooms, laminate wood in downstairs living areas. Ceramic tile in all 4 bathrooms. Tankless energy-efficient water heater. Two and one-half direct-access garage with built-in craft or workbench area. The laundry area includes a sink.

This listing originally appeared on realtor.com. For more information and photos, click here.