
Corona Del Mar, California 92625
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $6,500,000—positioned well below the $6,578,919 Fair Market Value by 1%. With a Condition Rating of 3, the property offers a rare canvas for modernization. Featuring Panoramic Ocean and Harbor Views, a private pool, and an expansive 10,541 sqft corner lot, it provides significant upside in a top-tier school district. This is an ideal acquisition for Luxury Developers or Owner-Occupants seeking to build long-term equity through a custom estate transformation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1039 Tiller Subject | $6,500,000* List Price | 4 | 3 | 2,604 | $2,526 | - |
A 2507 Blue Water Drive Sold | $5,710,000 | 4 | 3 | 2,629 | $2,172 | 0.7 mi |
B 31 Carmel Bay Drive Sold | $5,390,000 | 4 | 3 | 2,796 | $1,928 | 0.9 mi |
C 515 Cameo Highlands Sold | $6,800,000 | 4 | 4 | 2,918 | $2,330 | 0.9 mi |
D 1007 White Sails Sold | $5,025,000 | 3 | 2 | 2,474 | $2,031 | 0.6 mi |
E 1033 Tiller Sold | $7,475,000 | 3 | 4 | 3,534 | $2,115 | 0.0 mi |
F 1 San Martin Way Active | $7,849,000 List Price | 4 | 3 | 2,716 | $2,890 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1967, the home has been well-maintained with renovations likely dating back 10-20 years. The kitchen features functional granite countertops and stainless steel appliances, and the interior boasts updated wood flooring, dual-pane windows, and clean finishes, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10541, living area = 2604.
Elementary School: Roy O. Andersen Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Positioned at the highest elevation on the street, the property offers stunning, unobstructed views of the harbor, bay, ocean, and Catalina Island from both levels of the home.
Built in 1967 and maintained in a traditional style, the home likely requires significant modernization and capital investment to meet current luxury market expectations.
At a $6.5 million list price, the value is heavily weighted in the location and view, which may be a deterrent for buyers not looking for a major renovation or construction project.
Great homes tend to stay off the market for decades. This one is just one of those homes. Held by one family for the last 55 years, 1039 Tiller is now available for purchase. Positioned at the highest elevation on the street in Harbor View Hills South, on a corner location with only one neighbor, you'll find a traditionally-styled home with thoughtfully designed living spaces, an abundance of useable yard space, and considerable water and harbor views from both levels of the home. Currently a 4-bedroom, 3 bath home with separate living and family room areas, and custom built-ins, wood floors, and dual-pane windows. Charming exteriors featuring multiple yards areas with functional separation create a private retreat ideal for entertaining and everyday living. You’ll enjoy a fully enclosed private pool, a BBQ pavilion, and a side yard that could support a trampoline or bocce court, and front garden with plenty of seating. Whether this residence is appreciated as-is, reimagined and expanded, or build to suit, the location and view orientation is incredible, and the possibilities are endless! View & drone shots will be ready when we have cooperating weather!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,604 | 2,765 | 43% |
| Lot Size | 10,541 | 7,200 | 65% |
| Price | $6.50M | $6.05M | 53% |
| Price per sq ft | $2.5K | $2.1K | 69% |
| Built year | 1967 | 1975 | 37% |
| HOA | $115.0 | $175 | 47% |
| Days on market | 24 | 150 | 2% |
May 13, 2026
$6,500,000
Initial Listing