
Corona Del Mar, California 92625
This Ultra-Luxury Contemporary Estate represents a Strong Value Opportunity, listed at $34,750,000—positioned well below the $36,778,968 Fair Market Value by 5%. This strategic pricing offers $2,028,968 in Instant Equity. Boasting a Pristine Condition Rating, the 2023-built residence features panoramic ocean views, a 65-foot lap pool, and a private wellness retreat. Located near top-rated schools like Harbor View Elementary, it blends architectural mastery with significant financial upside. This is an incomparable legacy asset for High-Net-Worth Families or Luxury Real Estate Investors.
Property is new construction or fully renovated.
This property was built in 2023, making it brand new. The description highlights a 'meticulous six-year build' and 'striking contemporary estate' with 'dual chef-caliber kitchens' and a 'private wellness retreat.' The images confirm state-of-the-art, high-end finishes, appliances, and systems throughout, including sleek modern kitchens and bathrooms, pristine flooring, and contemporary lighting. All components are new and meet current luxury quality standards.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Perched in the coveted Irvine Terrace enclave of Corona del Mar, the estate offers sweeping panoramic views of the ocean, jetty, Balboa Island, coastline, and Catalina, representing a prime, irreplaceable asset.
Completed in 2023 after a meticulous six-year build, this contemporary residence boasts state-of-the-art construction, modern design, and high-quality finishes throughout.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 10255, other record living area = 9025. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The list price of $34.75 million places this property in an ultra-luxury segment, significantly limiting the potential buyer pool to a very exclusive demographic.
While exquisite, the highly specific contemporary architectural style and extensive, bespoke amenities may appeal to a niche buyer, potentially extending the time on market.
Perched on an exceptionally large lot in the coveted Irvine Terrace enclave of Corona del Mar, 1119 Dolphin Terrace is a striking contemporary estate capturing sweeping views of the ocean, jetty, Balboa Island, and coastline beyond. Completed after a meticulous six-year build, the approximately 10,311-square-foot residence offers 6 bedrooms, including two luxurious primary suites, and 8 baths, all defined by dramatic scale, soaring ceilings, and walls of glass that frame the coastal setting. Designed for elevated entertaining, the home features expansive living areas anchored by a 219-inch media wall, a statement bar, glass wine display, and dual chef-caliber kitchens. Motorized pocket doors create seamless indoor-outdoor flow to a spectacular 65-foot lap pool and resort-inspired grounds overlooking the Pacific. A private wellness retreat with full fitness studio, sauna, steam room, and meditation space delivers a spa-caliber experience at home. Moments from Newport Beach Country Club, Fashion Island, and Balboa Island, this architectural showpiece represents a rare opportunity to own a true legacy property in one of Southern California’s most prestigious communities. Square footage includes the 835-square-foot garage.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades K-6 • 1.7 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 94% |
| Baths | 8.0 | 3.0 | 92% |
| Square foot | 10,255 | 2,796 | 98% |
| Lot Size | 18,009 | 7,350 | 89% |
| Price | $34.75M | $5.71M | 98% |
| Price per sq ft | $3.4K | $2.0K | 91% |
| Built year | 2023 | 1975 | 89% |
| HOA | $60.0 | $576 | 32% |
| Days on market | 78 | 197 | 9% |
Feb 3, 2026
$34,750,000
Initial Listing
Jan 17, 2018
$6,120,000
Public Record