Home for Sale at 212 Larkspur Avenue, Corona del Mar, CA 92625

212 Larkspur Avenue
Corona Del Mar, CA 92625

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Property Details

List Price:	$6,495,000
Beds:	2
Baths:	2
Status:	Active
SqFt:	1177
Agency:	Arbor Real Estate Professionals

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Description/Comments

Lot Size:	4,720 sqft
Property Type:	Residential
Year Built:	1950
Notes:	Look no further than this singular opportunity to secure an exceptional corner lot, spanning 40 feet in width and nestled adjacent to Ocean Blvd, within the esteemed Flower Streets of Corona del Mar's Village. This rare jewel presents 4,720 square feet of prime real estate, inviting you to conceive the magnificence of your envisioned abode. Envision sprawling living quarters adorned with captivating sit down ocean vistas from the current living room, front patios, future decks, and a panoramic rooftop boasting potential future views of the ocean, Pelican Hill, and the city. Furthermore, take note of the exceptional features this lot offers, including a smaller 15 foot front setback as opposed to the standard 20 foot, which will allow for a larger future new construction home. Situated on elevated land almost 5 feet higher than Ocean Blvd, this property offers not only views but also the potential for a grand architectural statement.<br /> <br /> With boundless potential, this extraordinary property beckons you to unleash your artistic ingenuity and craft a haven that mirrors your individual style and aspirations. Whether awakening to the symphony of crashing waves or indulging in awe-inspiring ocean panoramas from your doorstep, this opportunity assures a lifetime of treasured moments and an extraordinary lifestyle amidst the coastal haven of Corona del Mar. This unmatched locale lies mere steps away from the sandy shores, esteemed educational institutions, premier golfing greens, upscale boutiques, renowned dining establishments, and the prestigious Fashion Island.<br /> <br /> But that's not all - we are committed to providing the buyer with additional value. Along with this prime lot, we will also provide a recent / new survey, soils evaluation, floorplans and elevations from Craig Hampton architect. Seize this chance to claim a facet of coastal paradise and embody the quintessence of beachside living.
MlsNumber:	NP24102677

Listing Provided By:	Arbor Real Estate Professionals, original listing
Name:	Arbor Real Estate Professionals
Phone:	(949) 235-8921
Office Name:	Arbor Real Estate
Office Phone:	(949) 673-7600
Agent Name:	Stephanie Peterson
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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