
Corona Del Mar, California 92625
This Mediterranean-style coastal estate is a High-Potential Investment Opportunity listed at $5,999,000—positioned well below the $7,285,435 Fair Market Value by 17%. This significant valuation gap offers $1,286,435 in Instant Equity. Maintaining a Good Condition Rating, the residence features a rare 19,166 sqft level lot, panoramic ocean views, and a permitted guest house. Located in the elite Newport Mesa Unified district with 9/10 rated schools, it perfectly balances luxury living with forced appreciation potential. This is an ideal acquisition for Owner-Occupants or Luxury Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19 Harbor Pointe Subject | $5,800,000* List Price | 4 | 5 | 3,875 | $1,497 | - |
A 3808 Sandune Lane Sold | $6,750,000 | 5 | 4 | 3,900 | $1,731 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 1987 construction. The kitchen and bathrooms have undergone updates featuring stone countertops and stainless steel appliances that, while not brand new, are high-quality and functional. The interior boasts vaulted ceilings and clean flooring, and the addition of a permitted pool house with a kitchenette and sauna indicates significant upkeep. It fits the 'good' category as a well-maintained home with major systems in good working order and no immediate need for renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 3875.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Situated on a rare 19,000+ square foot level lot within an exclusive gated enclave of only 20 homes, offering unparalleled privacy and significant outdoor space that is highly coveted in Corona Del Mar.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19166, other record lot size in square feet = 19494. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3875, other record living area = 3219. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With an original build date of 1987, the Mediterranean-style interiors and systems may require substantial contemporary upgrades to align with the expectations of the current luxury market at this price point.
The extensive grounds, including three separate grassy areas and a large pool/spa complex, demand significant ongoing landscaping and utility costs to maintain the property's premium curb appeal.
Perched on a rare 19000+ square foot level view lot is your next home! Harbor Pointe is the smallest gated enclave of DETACHED homes in Newport Beach, with only 20 homes so you have the advantage of privacy and space.You'll be less than 1/2 mile to the financial headquarters, and medical offices of Newport Center, as well as the prestigious shopping and world class restaurants of Newport's Fashion Island. Three ensuite bedrooms in the main house as well as an ensuite bedroom, kitchenette and sauna in the permitted pool house/guest house comprise the spacious square footage. Great indoor/outdoor living with 3 grassy areas, a giant pool with separate spa...it's a welcoming space for gathering friends and family as well as a peaceful retreat to enjoy both the early coastal fog and the sunset over the ocean. Majestic 22 foot vaulted ceilings in living room view a private garden (your new Zen garden?) .The 2 upstairs bedrooms accentuate light and grand space with vaulted ceilings. The spacious downstairs bedroom suite views one of the yards. Your sanctuary/primary bedroom retreat has a corner fireplace, 2 story windows, and a secluded ocean view balcony. You can enjoy the tall sun lit windows in the separate downstairs office ,which, could also be a great place to show your special awards and trophies. And be sure to check out the private 10+ car driveway adjacent to the 3 car garage.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 5.0 | 3.0 | 68% |
| Square foot | 3,875 | 2,796 | 74% |
| Lot Size | 19,166 | 7,350 | 91% |
| Price | $5.80M | $5.71M | 53% |
| Price per sq ft | $1.5K | $2.0K | 28% |
| Built year | 1987 | 1975 | 72% |
| HOA | $380.0 | $576 | 43% |
| Days on market | 94 | 197 | 15% |
Apr 11, 2026
$5,800,000
$5,999,000
-3% Price Drop
Initial Listing
Jan 18, 2026
$5,999,000
Initial Listing
Apr 23, 1999
$850,000
Public Record