This rare development opportunity in the coveted Corona Highlands community of Corona Del Mar offers incredible potential for transformation. Situated on a 6,000 sqft R-2 lot, the 2-bedroom, 2-bathroom home also includes a Pool House/ADU, perfect for hosting guests, housing extended family, or earning rental income. The private pool offers a tranquil retreat for both relaxation and entertaining. With exclusive gated access to a private beach through the Shorecliffs community and nearby Corona Del Mar Village, 5-star Pelican Hill Resort, and upscale shopping and dining at Crystal Cove and Fashion Island, this property's location is truly exceptional! Whether you're looking to restore, reside, or invest, this property offers unlimited possibilities for entering this prime neighborhood.