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

1535 Dolphin Terrace, Corona Del Mar, California 92625 home-pic-0

1535 Dolphin Terrace

Corona Del Mar, California 92625

ACTIVE
CONDITION: FAIR
3Beds
4Baths
3,312Sq Ft
10,750Lot Size

Property Price

LIST PRICE$12,995,000
EST. MARKET VALUE
$10,722,546
21% AboveMARKET VALUE

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

$10,722,546
Based on Realkey algorithm analyzing recent comparable sales in Corona Del Mar.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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or build your dream home,' indicating that the interior finishes, kitchen, and bathrooms likely show signs of being outdated compared to current luxury standards.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

9/10

Abraham Lincoln Elementary School

Grades K-6 • 1.4 mi

7/10

Roy O. Andersen Elementary School

Grades K-6 • 1.8 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
47%
Baths4.04.0
50%
Square foot3,3122,796
62%
Lot Size10,7509,375
51%
Price$12.99M$5.75M
89%
Price per sq ft$3.9K$2.0K
96%
Built year19921974
77%
HOA$60.0$192
32%
Days on market24208
2%

Pricing History

Listed for Sale

Feb 11, 2026

$12,995,000

Initial Listing

Sold

Feb 7, 2000

$2,437,500

Public Record

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