
Corona Del Mar, California 92625
This Newly Constructed Luxury Residence is a Strong Value Opportunity, listed at $12,995,000—positioned well below the $13,883,558 Fair Market Value by 6%. This valuation gap offers $888,558 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts a gourmet kitchen, panoramic ocean views, and Tesla Powerwall integration. Located in the top-tier Newport Mesa Unified district, this property is an ideal sanctuary for discerning luxury buyers or sophisticated owner-occupants seeking a turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1001 Tiller Way Subject 5 bd · 4 ba · 4,388 sqft · $3,164 | $12,995,000* List Price | 5 | 4 | 4,388 | $3,164 | - |
A 2519 Harbor View Drive Sold 5 bd · 6 ba · 4,527 sqft · $3,091 · 0.5 mi | $13,995,000 | 5 | 6 | 4,527 | $3,091 | 0.5 mi |
B 1030 Sandcastle Drive Active 5 bd · 8 ba · 5,055 sqft · $2,275 · 0.4 mi | $11,500,000 List Price | 5 | 8 | 5,055 | $2,275 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Newly constructed (2026) luxury residence in mint condition. Features high-end designer finishes, state-of-the-art systems including solar and Tesla Powerwall, and a gourmet kitchen with premium appliances like La Cornue and Sub-Zero.
Elementary School: Roy O. Andersen Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The residence features a dramatic frameless corner and slim-profile Fleetwood doors that capture unobstructed, sweeping views of the Pacific Ocean, Catalina Island, Newport Harbor, and the coastline.
Designed by architect Mark Teale, this 2026 new construction offers a rare and highly desirable single-level floor plan featuring ultra-premium finishes like French oak flooring and a handcrafted La Cornue range.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9856, other record lot size in square feet = 9571. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4388, other record living area = 1900. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
At a list price of nearly $13 million for approximately 4,388 square feet, the property sits at a very high price point that may face stiff competition from larger estates in the area.
For a luxury home of this caliber featuring five bedrooms, the inclusion of only four bathrooms may be considered a drawback for buyers expecting a dedicated en-suite for every room.
Modern luxury is brought to life at 1001 Tiller Way, a newly constructed residence offering a rare combination of single-level living, sweeping ocean views, and privacy - all within walking distance to the heart of Corona del Mar. Designed by architect Mark Teale and Sage Design Studio, every functional and aesthetic element has been meticulously considered. Elevated ceilings, wide-plank French oak flooring, designer fixtures, and finely crafted millwork create an entirely distinctive atmosphere. Slim-profile Fleetwood windows and doors maximize natural light, while a dramatic frameless corner reveals breathtaking views of the Pacific Ocean, Catalina Island, Newport Harbor, and Corona del Mar’s iconic Coastline. The showpiece kitchen features floor-to-ceiling rift-cut white oak cabinetry, organic quartzite surfaces, a mosaic backsplash, and a coffered ceiling enhanced by architectural lighting. A handcrafted La Cornue range anchors the space, complemented by Sub-Zero refrigeration and a walk-in pantry with butler’s sink and beverage refrigeration. A dedicated wine room pairs climate-controlled storage with a striking illuminated bottle display, transforming a functional space into a work of art. Dual primary suites each capture ocean and coastline views by day and feature sparkling city lights by night, along with beautifully appointed en-suite baths with soaking tubs. A sophisticated home office with custom built-ins offers the flexibility to serve as a fifth bedroom, with an adjacent three-quarter bath. Outside, the expansive private grounds are designed for effortless coastal living, with a pool, spa, and Baja shelf for lounging in the Southern California sun. As evening falls, a dramatic fire feature creates a warm gathering place against the twinkling lights of Newport Harbor on the horizon. Every element has been designed with ease in mind, from Lutron automation and whole-home audio to solar, EV charging, and Tesla Powerwall storage. Set on an expansive lot in a peaceful residential setting, Tiller offers remarkable space and privacy while remaining a short stroll from the beaches, cafés, restaurants, boutiques, and vibrant village life of Corona del Mar.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.3 |
| Square foot | 4,388 | 2,880.119 |
| Lot Size | 9,856 | 6,961.881 |
| Price | $12.99M | $6.46M |
| Price per sq ft | $3.0K | $2.0K |
| Built year | 2026 | 1981 |
| HOA | $114.0 | $647 |
| Days on market | 39 | 83 |
Sep 16, 2026
$12,995,000
Initial Listing
Dec 30, 2021
$3,300,000
Public Record