
Corona Del Mar, California 92625
This Luxury Coastal Estate is a Stunning Move-In Ready Home listed at $7,999,000—positioned well below the $8,126,958 Fair Market Value by 1.6%. This valuation gap offers $127,958 in Instant Equity. Boasting an Excellent Condition Rating, the residence serves as a coastal sanctuary featuring panoramic ocean views, a private pool, and access to 9/10 rated schools like Harbor View Elementary and Corona Del Mar High. With $400,000 in approved plans for a 5,294-square-foot modern masterpiece, this is a premier coastal home for Owner-Occupants or Luxury Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Jade Subject | $7,999,000* List Price | 4 | 4 | 3,020 | $2,753 | - |
A 23 San Mateo Way Sold | $7,650,000 | 5 | 3 | 3,588 | $2,132 | 0.1 mi |
B 1 San Martin Way Active | $7,849,000 List Price | 4 | 3 | 2,716 | $2,890 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1973, the residence has been extensively and luxuriously remodeled to meet modern high-end standards. The property features a gourmet kitchen with premium appliances, updated bathrooms with contemporary fixtures, high ceilings, and expansive windows. The interior is described as move-in ready with no deferred maintenance, and the overall quality of the flooring, lighting, and systems reflects a recent, comprehensive renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19980, living area = 3020.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated on a prime corner parcel in Spyglass Hill, the property offers rare and commanding vistas of the Pacific Ocean, Catalina Island, Newport Harbor, and year-round sunsets.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3020, other record living area = 2961. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property was recently sold within the past year on 2025-06-17. The sold price is $7,229,000.00.
At a $7.999M price point, the property is priced at a significant premium, which may limit the upside for developers looking for traditional 'fixer' or 'lot-only' margins.
Welcome to 1 Jade, Corona del Mar - a rare opportunity in the prestigious Spyglass Hill community, renowned for its elevated setting, oversized lots, and breathtaking panoramic views. Situated on a prime corner parcel of nearly half an acre at the end of a quiet cul-de-sac, this exceptional property captures sweeping vistas of the Pacific Ocean, Catalina Island, Newport Harbor, Palos Verdes, and dazzling year-round sunsets. The topography and positioning offer a truly commanding coastal perspective rarely available in Corona del Mar. Behind private gates, the existing single-level residence is beautifully remodeled and luxuriously move-in ready. Designed for effortless indoor-outdoor living, the home features an open layout, high ceilings, expansive windows, and seamless flow to outdoor entertaining areas. The sun-drenched pool and spa, generous patio spaces, and lush landscaping create a private resort-like setting framed by panoramic ocean views. A gourmet kitchen with premium appliances, spacious living areas, fireplaces, and a three-car garage complete the home’s comfortable and refined interior. Whether as a primary residence, coastal retreat, or investment property, the current home offers immediate enjoyment, future owner may choose to occupy or lease the property while preparing for redevelopment. What truly sets this offering apart is the extraordinary future potential. The seller has invested over $400K in fully designed architectural plans and pending city approvals for a stunning new modern residence. The approved plans showcase striking contemporary architecture with 10-foot ceiling heights on both levels and a total building area of approximately 5,294 square feet, including a three-car garage, sparkling pool and spa. The purchase includes complete plans and city approvals, allowing the next owner to move forward with construction efficiently while maximizing the site’s sweeping ocean views. This is a rare chance to own one of Spyglass Hill’s premier view properties — enjoy a luxurious move-in-ready home today while holding an approved vision for a spectacular custom estate tomorrow.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
Grades PK-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 4.0 | 3.0 | 51% |
| Square foot | 3,020 | 2,796 | 58% |
| Lot Size | 19,980 | 7,350 | 91% |
| Price | $8.00M | $5.71M | 70% |
| Price per sq ft | $2.6K | $2.0K | 79% |
| Built year | 1973 | 1974 | 42% |
| HOA | $685.0 | $645 | 51% |
| Days on market | 63 | 197 | 8% |
Feb 18, 2026
$7,999,000
Initial Listing
Jun 17, 2025
$7,229,000
Public Record
Sep 9, 2005
$3,200,000
Public Record
Apr 19, 2000
$1,600,000
Public Record
May 28, 1999
$1,375,000
Public Record