
Corona Del Mar, California 92625
This Contemporary Coastal Luxury Estate is a Strong Value Opportunity, listed at $21,995,000—positioned well below the $23,024,752 Fair Market Value by 4%. This valuation gap provides $1,029,752 in Instant Equity for a property in Mint Condition. Commanding front-row panoramic harbor and ocean views, the residence features limestone floors, a chef’s kitchen, and an infinity-edge pool. Located within the elite Newport Mesa Unified district near top-rated schools like Harbor View Elementary, it offers an unparalleled lifestyle. This is a premier acquisition for discerning luxury buyers or families seeking a turnkey coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1231 Dolphin Subject | $21,995,000* List Price | 4 | 7 | 6,232 | $3,695 | - |
A 1409 Dolphin Terrace Pending | $22,900,000 List Price | 5 | 7 | 6,769 | $3,383 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014, this custom luxury estate is in mint condition. It features high-end contemporary finishes including limestone floors, white oak ceilings, and a showpiece kitchen with premium appliances. The property shows no signs of wear and requires no maintenance, fitting the criteria for a modern, move-in ready luxury residence.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property commands rare, front-row panoramic views of Newport Harbor, Balboa Island, and the Pacific Ocean, providing a cinematic backdrop from nearly every room.
Designed by Carlton Graham and built by Steve Davidson, this custom 2014 residence features high-end finishes like limestone floors, white oak ceilings, and seamless indoor-outdoor transitions.
At a list price of nearly $22 million, the property sits in an ultra-luxury price bracket that significantly limits the pool of qualified buyers.
While offering over 6,200 square feet of living space, the home only features four bedrooms, which may be insufficient for larger families or buyers seeking more guest suites.
This unparalleled custom residence in the sought-after enclave of Irvine Terrace delivers the pinnacle of contemporary coastal luxury, commanding front-row views of Newport Harbor, Balboa Island, the Pacific Ocean, and Catalina Island. The inspiring design reflects the talents of architect Carlton Graham, alongside the craftsmanship of Steve Davidson Construction and Tom Waters. Natural elements that echo the home’s extraordinary setting are seamlessly incorporated throughout the two-level floorplan, encompassing four en suite bedrooms, a total of five full bathrooms, two half bathrooms, and approximately 6,232 square feet of living space. The main level is defined by striking architectural presence, with walls of floor-to-ceiling glass and disappearing doors framing a cinematic harbor panorama animated by passing yachts, fiery sunsets, and shimmering evening reflections across the water. A sophisticated great room with a fireplace and adjoining dining room, seamlessly transitions to a showpiece kitchen appointed with an island, premium appliances, white oak ceilings, and limestone floors and wall accents. The luxe primary suite, privately situated on the main level, is replete with a heated view deck spanning the width of the home and a built-in BBQ bar. The lower level features a dramatic lounge and media room with a full wet bar, a glass-enclosed office, and a temperature-controlled wine cellar with a full-size beverage refrigerator. Accordion doors lead to a terrace boasting an infinity-edge pool, elevated spa, and an outdoor kitchen with a professional-grade grill. With an extraordinary coastal setting and seamless indoor–outdoor design, the home reflects the finest elements of Corona del Mar living in Irvine Terrace, moments from Fashion Island’s world-class retail and dining, Newport Beach Country Club, and the Newport Harbor Yacht Club.
No exterior & parking available.
Grades PK-6 • 1.1 mi
Grades K-6 • 1.6 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 7.0 | 4.0 | 90% |
| Square foot | 6,232 | 2,800 | 92% |
| Lot Size | 14,480 | 7,200 | 82% |
| Price | $22.00M | $6.05M | 98% |
| Price per sq ft | $3.5K | $2.1K | 94% |
| Built year | 2014 | 1976 | 80% |
| HOA | $60.0 | $175 | 39% |
| Days on market | 80 | 150 | 14% |
Mar 18, 2026
$21,995,000
Initial Listing
Aug 25, 2010
$3,000,000
Public Record
Dec 30, 2005
$5,060,000
Public Record
Mar 31, 2004
$2,800,000
Public Record
Oct 16, 2002
$1,875,000
Public Record