1 Breakwater Drive, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 2 bed, 2 bath
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1 Breakwater Drive
Corona Del Mar, California 92625
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,986Sq Ft
6,625Lot Size
Property Price
LIST PRICE$3,100,000
EST. MARKET VALUE
$3,005,883
3% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $3,100,000—positioned well below the $3,005,883 Fair Market Value by -3%. Featuring a Good Condition Rating, this expanded end unit offers a private patio with ocean views and access to resort-style amenities in a 24/7 manned gated community. With proximity to Top-Rated Schools like Harbor View Elementary and Corona Del Mar High, this property balances coastal luxury with long-term stability. It is an ideal acquisition for Owner-Occupants or discerning professionals seeking a move-in ready lifestyle.
Estimated Market Value
$3,005,883
Based on Realkey algorithm analyzing recent comparable sales in Corona Del Mar.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Breakwater Drive Subject | $3,100,000* List Price | 2 | 2 | 1,986 | $1,514 | - |
A 11 Seafaring Sold | $3,075,000 | 3 | 2 | 2,241 | $1,372 | 0.2 mi |
B 4 Skysail Sold | $2,450,000 | 2 | 2 | 1,917 | $1,278 | 0.2 mi |
C 5 Maritime Sold | $3,600,000 | 3 | 2 | 1,911 | $1,884 | 0.3 mi |
D 30 Jetty Drive Sold | $2,400,000 | 2 | 2 | 1,911 | $1,256 | 0.2 mi |
E 43 Jasmine Creek Sold | $2,798,000 | 2 | 2 | 1,917 | $1,460 | 0.0 mi |
F 41 Mainsail Sold | $3,050,000 | 3 | 2 | 2,296 | $1,328 | 0.2 mi |
G 11 Jetty Drive Sold | $2,400,000 | 2 | 2 | 1,911 | $1,256 | 0.2 mi |
H 35 Beachcomber Drive Sold | $3,350,000 | 3 | 2 | 1,911 | $1,753 | 0.3 mi |
I 10 White Water Drive Active | $3,450,000 List Price | 2 | 2 | 1,911 | $1,805 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1974, the home underwent a remodel approximately 10 years ago. The kitchen and bathrooms feature updated hard surfaces, and the interior shows well-maintained hardwood flooring and neutral paint. It is in move-in condition, fitting the 5-15 year renovation window for a Good rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Exclusive Gated Community
Situated in Corona Del Mar's only 24/7 manned gated community, offering unparalleled security and resort-style amenities including three pools, six tennis courts, and 82 acres of lush greenbelts.
- Rare Single-Story End Unit
This expanded single-story floor plan is a highly sought-after end unit located on a quiet street with only six homes, providing enhanced privacy and ocean breezes.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,260 is substantial, which may be a deterrent for buyers sensitive to high recurring carrying costs.
- Aging Interior Updates
Although the home was remodeled, the updates to the kitchen and bathrooms are approximately 10 years old and may require further modernization to meet current luxury market expectations.
About 1 Breakwater Drive
Rare, single story Jasmine Creek home (Expanded Plan 2) in excellent location on a street with only 6 homes. End unit with a mini-view to the Pacific and Catalina. Enjoy the ocean breezes on your very private patio. Home was remodeled approximately 10 years ago with updated baths and kitchen (all hard surfaces. Jasmine Creek is a manned, gated community of 324 homes. With more than 82 acres of lush greenbelts and walk paths that meander throughout the development, Jasmine Creek has three (3) swimming pools, 6 championship tennis courts, 3 gates (one an exit only gate and one for residents ingress and egress only and the third gate is manned 24/7. Main pool platform area was just rebuilt to 2026 standards. There is also a clubhouse for community events or your own private parties. Association fee covers maintenance of all 324 roofs, paving of all streets, maintenance of all greenbelts including more than 1,000 trees, maintenance of 3 swimming pools, maintenance of all 3 gates and maintenance of all 6 tennis courts. This is THE place to live, retire or reside in Corona del Mar's ONLY manned, gated community. Walking distance and central to EVERYTHING including Fashion Island, Newport Center, Gelson's shopping mall, the OASIS, THE CDM Village and Big and Little Corona Beaches! Move-in condition. By Appointment with listing Broker. NO Auto appointments. CALL for appointment - Do NOT text or email.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 6,625 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1260.0 / Month
Neighborhood Insights
Corona Del Mar Unified Schools
Harbor View Elementary School
Grades PK-6 • 0.4 mi
9/10
Abraham Lincoln Elementary School
Grades K-6 • 0.4 mi
7/10
Roy O. Andersen Elementary School
Grades K-6 • 1.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.4 |
| Square foot | 1,986 | 2,925.697 |
| Lot Size | 6,625 | 6,988.576 |
| Price | $3.10M | $6.26M |
| Price per sq ft | $1.6K | $2.1K |
| Built year | 1974 | 1984 |
| HOA | $1260.0 | $678 |
| Days on market | 21 | 82 |
Pricing History
Listed for Sale
Aug 19, 2026
$3,100,000
Initial Listing
Sold
Oct 27, 2017
$2,000,000
Public Record
Sold
Dec 19, 2012
$1,175,000
Public Record
Sold
Sep 24, 1996
$460,000
Public Record