
Corona Del Mar, California 92625
Analysis of 1535 Dolphin Terrace, Corona Del Mar, California 92625 is currently available with a list price of $12,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1992, the property is exceptionally well-maintained and functional, but remains largely in its original architectural state. The kitchen and bathrooms feature cabinetry, tile work, and fixtures consistent with the early 90s, showing stylistic obsolescence compared to modern luxury standards. While the home is move-in ready, it lacks the recent extensive renovations required for a 'good' or 'excellent' rating, fitting the criteria for a property built 25-40 years ago with no major recent updates.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Positioned on the coveted front row of Irvine Terrace, the property commands unobstructed, world-class views of the Newport Jetty, Harbor, Catalina Island, and the Pacific Ocean.
Ideally situated across from the Newport Beach Country Club and moments from Fashion Island and CDM Village, offering unparalleled access to the region's premier amenities.
Built in 1992, the home's original design and finishes may require a substantial capital investment to align with modern luxury standards and buyer expectations.
With a list price near $13 million for approximately 3,312 square feet of living space, the value is heavily weighted in the land and view rather than the existing improvements.
Perched on the front row of Corona del Mar’s coveted Irvine Terrace, 1535 Dolphin Terrace commands some of the most captivating views in all of Orange County. With an unmatched vantage point overlooking the mouth of the Newport Jetty, Harbor, Balboa Island, Catalina Island, and the sparkling Pacific and beyond, this property offers a front-row seat to the region’s most iconic sights—including nightly city lights, Fourth of July fireworks, and the world-famous Christmas Boat Parade. Ideally positioned across from the Newport Beach Country Club and moments from Fashion Island, Balboa Island, and the CDM Village, this single-level home offers both comfort and convenience in one of the coast’s most desirable neighborhoods. Inside, walls of glass frame the panoramic vistas from the great room, kitchen, and primary suite. The open-concept layout is perfect for entertaining, with a glass-enclosed dining area and expansive terrace for al fresco gatherings year-round. The resort-style backyard features an infinity-edge pool and elevated viewing terrace, ideal for watching boats glide through the channel by day and enjoying glowing sunsets and city lights by night. The primary suite includes a cozy fireplace and a spa-like bathroom with ocean-facing soaking tub, double vanities, and a walk-in shower. Whether you’re looking to move right in, renovate, or build your dream home, this is a rare opportunity to own one of CDM’s most iconic view properties in an unbeatable location.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 51% |
| Square foot | 3,312 | 2,796 | 64% |
| Lot Size | 10,750 | 7,350 | 64% |
| Price | $12.99M | $5.71M | 87% |
| Price per sq ft | $3.9K | $2.0K | 98% |
| Built year | 1992 | 1975 | 75% |
| HOA | $60.0 | $576 | 32% |
| Days on market | 70 | 197 | 9% |
Feb 11, 2026
$12,995,000
Initial Listing
Feb 7, 2000
$2,437,500
Public Record