For Sale
520 Iris
Corona del Mar, CA 92625
$4,800,000
Open House
- Sat, Nov 14 · 1:00 PM to 2:00 PM
Listed by Steven "Bud" Mastropaolo, eXp Realty of Southern Ca, Inc, Listing Broker
Listing broker contact: 714-655-6584
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
TWO DISTINCT RESIDENCES. ONE EXCEPTIONAL COASTAL ADDRESS. AN OPPORTUNITY NOT TO BE MISSED. SELLING BY AUCTION | OWNER’S INSTRUCTIONS ARE CLEAR | 14-DAY SALE CAMPAIGN What if your next property offered more than a place to live? Imagine the freedom to bring family together, generate potential income, invest in your future, or embrace a new way of coastal living. Welcome to 520 Iris Avenue, Corona del Mar. Beautifully reimagined and thoughtfully remodeled, this distinctive property offers approximately 3,649 square feet across two separate three-bedroom residences, combining coastal sophistication, versatility, and long-term opportunity. For multigenerational families, enjoy the privilege of living close to loved ones while preserving the privacy and independence of separate residences. For homeowners, embrace the Corona del Mar lifestyle while exploring the potential for rental income from the second residence. For investors, discover the appeal of two residences within one property in one of Southern California’s most desirable coastal communities. Situated in the heart of Corona del Mar Village, 520 Iris Avenue places you moments from charming cafés, acclaimed restaurants, boutique shopping, and the breathtaking coastline. Yet what truly distinguishes this property extends beyond its beautifully remodeled interiors and coveted location. It’s the possibilities. YOUR OPPORTUNITY IS NOW. The owner has issued firm instructions to sell and authorized a focused 14-day auction campaign through Sellers Reserve. Unlike a traditional open-ended listing, this property is being offered through a defined, time-sensitive competitive sale process, bringing interested buyers together within a limited window of opportunity. The auction date is set. The campaign is underway. The opportunity to act is limited. Whether you’re seeking a sophisticated coastal residence, a multigenerational living arrangement, or a compelling investment opportunity, 520 Iris Avenue deserves your immediate attention. ONE ADDRESS. MORE POSSIBILITIES. ONE OPPORTUNITY. Presented by Bud Mastrapolo | Ocean Collective Auction and marketing campaign powered by Sellers Reserve. Sale subject to published auction terms and seller’s reserve, if applicable.
Property Details
Price History
| Date | Event | Price |
|---|---|---|
| – | Price reduced | $4,800,000−12.6% |
| – | Price change | $5,495,000−5.2% |
| May 13, 2026 | Listed for sale | $5,795,000 |
| Sep 29, 2023 | SoldListed by Steven "Bud" Mastropaolo, eXp Realty of Southern Ca, Inc | $4,850,000 |
| Apr 25, 2023 | Listed for sale | $5,195,000 |
| Aug 2, 2021 | SoldListed by Steven Bud Mastropaolo, The Address, Inc | $2,500,000 |
| May 5, 2021 | Listed for sale | $2,475,000 |
From this listing and earlier sales of the home recorded in CRMLS. Not a complete public-records history.
Location
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
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Meet Kyle
Kyle Shutts

Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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