SALE IS SUBJECT TO TERMS OF AN IRVINE COMPANY LAND LEASE. CURRENT LAND-LEASE BUYOUT IN ADDITION TO PURCHASE PRICE IS $4,027,800 AND CURRENT ANNUAL PAYMENT ON LAND-LEASE IS $12,071. Perched on an approximately 14,000 square foot lot in the coveted Harbor View Hills community of Corona del Mar, 2921 Setting Sun Drive presents a rare opportunity to reimagine a truly special property. The existing residence is largely original, allowing the next owner to bring their own vision, design, and signature to one of the neighborhood's most compelling settings. Positioned to capture beautiful coastal light, sweeping, stunning sunset views toward the Pacific and Catalina, this is the kind of property that invites something extraordinary. Whether a buyer chooses to renovate or create a custom dream home from the ground up, the value here is in the land, the elevation, the mesmerizing views, and the prestigious location just moments from Corona del Mar Village, Fashion Island, award-winning schools, and Newport's finest beaches. An exceptional chance to secure a premier Harbor View Hills parcel and build for the future. Land-lease buy-out terms subject to change.