1535 Dolphin Terrace, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 3 bed, 4 bath

1535 Dolphin Terrace
Corona Del Mar, California 92625
Property Price
SUMMARY
Analysis of 1535 Dolphin Terrace, Corona Del Mar, California 92625 reveals a property with a current list price of $12,995,000, which is 21% above the estimated $10,722,546 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this property falls within the 25-40 year age bracket specified for a 'fair' rating. While the home is well-maintained and 'move-in ready' with high-end features like an infinity-edge pool and panoramic views, the listing description suggests the potential to 'renovate or build your dream home,' indicating that the interior finishes, kitchen, and bathrooms likely show signs of being outdated compared to current luxury standards. There is no mention of a recent full-scale renovation that would elevate it to a 'good' or 'excellent' status.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
CONSRISKS & DEFICIENCIES
About 1535 Dolphin Terrace
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 10,750 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 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 • 0.9 mi
Abraham Lincoln Elementary School
Grades K-6 • 1.4 mi
Roy O. Andersen Elementary School
Grades K-6 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,312 | 2,796 | 62% |
| Lot Size | 10,750 | 9,375 | 51% |
| Price | $12.99M | $5.75M | 89% |
| Price per sq ft | $3.9K | $2.0K | 96% |
| Built year | 1992 | 1974 | 77% |
| HOA | $60.0 | $192 | 32% |
| Days on market | 24 | 208 | 2% |
Pricing History
Listed for Sale
Feb 11, 2026
$12,995,000
Initial Listing
Sold
Feb 7, 2000
$2,437,500
Public Record




























































