1119 Dolphin, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 6 bed, 8 bath

1119 Dolphin
Corona Del Mar, California 92625
Property Price
SUMMARY
Analysis of 1119 Dolphin, Corona Del Mar, California 92625 reveals a Prime Investment Opportunity with a current list price of $34,750,000—significantly undercutting the $36,778,967 Fair Market Value by 5%. This valuation gap indicates a +$2,028,967 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Corona Del Mar Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
- Unparalleled Views & Location
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.
- Brand New, Meticulously Built Estate
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Extremely High Price Point
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.
- Niche Market Appeal
While exquisite, the highly specific contemporary architectural style and extensive, bespoke amenities may appeal to a niche buyer, potentially extending the time on market.
About 1119 Dolphin
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 18,009 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 8 (8 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $60.0 / Month
Neighborhood Insights
Corona Del Mar Unified Schools
Harbor View Elementary School
Grades PK-6 • 1.2 mi
Abraham Lincoln Elementary School
Grades K-6 • 1.7 mi
Roy O. Andersen Elementary School
Grades K-6 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 92% |
| Baths | 8.0 | 4.0 | 92% |
| Square foot | 10,255 | 2,796 | 98% |
| Lot Size | 18,009 | 9,375 | 87% |
| Price | $34.75M | $5.75M | 98% |
| Price per sq ft | $3.4K | $2.0K | 91% |
| Built year | 2023 | 1974 | 92% |
| HOA | $60.0 | $192 | 32% |
| Days on market | 32 | 208 | 2% |
Pricing History
Listed for Sale
Feb 3, 2026
$34,750,000
Initial Listing
Sold
Jan 17, 2018
$6,120,000
Public Record























