MAJOR PRICE IMPROVEMENT! The Seller's excitment for their next chapter is creating an incredible opportunity for the new owner to get into Irvine Terrace. Welcome to a quintessential gem offering a rare combination of opportunity, space, privacy, and effortless indoor-outdoor living in one of Corona Del Mar’s most coveted neighborhoods. With five bedrooms, including a secondary primary suite, a private pool and spa, and a beautifully secluded rear yard, this timeless residence offers a wonderfully versatile floor plan increasingly difficult to find in Irvine Terrace. A charming private courtyard creates an inviting arrival and sets the tone for the warmth and character found throughout the home. Traditional architectural details blend beautifully with generous, light-filled living spaces, while a stunning statuary marble fireplace provides an elegant focal point. Expansive accordion door systems open the interiors to the backyard, creating a seamless connection between the home and its outdoor living spaces. The five-bedroom floor plan is one of the home’s greatest assets. In addition to the primary suite, a spacious secondary primary suite provides exceptional flexibility for extended family, guests, older children, a private retreat, or multigenerational living. Additional bedrooms offer ample space for family, guests, an office, or other flex uses, allowing the home to easily evolve with its next owner. Outside, the private rear yard feels like a retreat of its own. A sparkling pool and spa are surrounded by mature citrus trees and lush landscaping. The home is designed to be lived in as beautifully outside as it is inside. And then the location, Irvine Terrace offers a lifestyle that is difficult to replicate, in the heart of Newport Beach with Corona Del Mar Village, Fashion Island, Balboa Island, Newport Harbor, beaches, dining, shopping, and recreation all just moments away. In a neighborhood where homes are continually being transformed, finding this combination of space, character, privacy, and possibility is increasingly rare.