
Corona Del Mar, California 92625
This Stunning Contemporary Coastal Residence is listed at $13,995,000, positioned well below the $14,695,316 Fair Market Value by 4%, offering $700,316 in Instant Equity. Featuring an Excellent Condition Rating, this brand-new 2028 construction boasts a 1,422-square-foot rooftop deck with panoramic ocean views and a chef's kitchen. Located in the prestigious Flower Streets near top-rated schools like Harbor View Elementary, this property provides a sophisticated lifestyle. It is an ideal acquisition for discerning luxury buyers or high-net-worth owner-occupants seeking a premier, turnkey coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 224 Iris Avenue Subject 5 bd · 7 ba · 4,649 sqft · $3,161 | $13,995,000* List Price | 5 | 7 | 4,649 | $3,161 | - |
A 301 Jasmine Sold 4 bd · 7 ba · 4,152 sqft · $2,950 · 0.1 mi | $12,250,000 | 4 | 7 | 4,152 | $2,950 | 0.1 mi |
B 310 Marigold Active 5 bd · 5 ba · 4,502 sqft · $2,886 · 0.2 mi | $12,995,000 List Price | 5 | 5 | 4,502 | $2,886 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new luxury construction with a listed completion year of 2028. Features state-of-the-art contemporary coastal design, premium materials, a chef's kitchen, elevator, and brand new systems in mint condition with zero maintenance required.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The massive 1,422-square-foot rooftop deck serves as a premier entertainment destination, featuring a built-in BBQ, fire pit, and direct elevator access with panoramic views of Newport Harbor and Catalina Island.
Situated on a rare 40-foot-wide lot in the coveted Flower Streets, the property offers a generous 4,649-square-foot floor plan and a three-car garage, providing significantly more space and utility than the standard 30-foot lots in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4649, other record living area = 3051. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4720, living area = 4649.
With a projected completion year of 2028, the property requires a significant wait time, which may deter buyers looking for an immediate move-in or a primary residence in the near term.
Designed by esteemed architect Mark Teale and brought to life by the award-winning Nicholson Companies, 224 Iris is set on a rare 40-foot-wide lot in the coveted 200 block of Corona del Mar's Flower Streets. A remarkable expression of contemporary coastal living, the home brings together generous scale, warm natural materials, and thoughtful architecture in a residence that feels both elevated and deeply inviting — sunlight, natural stone, warm white oak, richly toned woods, custom millwork, polished nickel, and statement lighting all coming together in a palette with real depth and character. Encompassing approximately 4,649 square feet, the residence features five bedrooms, five full and two half baths, a three-car garage, and a three-stop elevator. Soaring 10'6" ceilings define the main level, where fully pocketing sliding glass doors open the living spaces to expansive patios and courtyards for a seamless indoor-outdoor flow. A chef's kitchen is complemented by an adjoining butler's pantry, while a junior ADU on the first level offers flexibility for guests or multigenerational living. Upstairs, a dedicated lounge creates another intimate space to gather and unwind. Above it all, the approximately 1,422-square-foot rooftop deck is a destination of its own — designed for lounging, dining, and entertaining from sunrise through sunset, complete with a built-in BBQ, fire pit, covered entertaining area, powder room, and direct elevator access, all set against sweeping views across Newport Harbor, the Pacific Ocean, and Catalina Island. An invitation to work alongside Nicholson Companies to curate a truly exceptional coastal residence, 224 Iris offers the opportunity to create a home entirely your own within one of Southern California's most prestigious coastal communities. Here, morning coffee, dinner at a favorite restaurant, an afternoon at the beach, and sunset along the coast are all just moments from your front door — a lifestyle defined by the intimacy and walkability of the Flower Streets, and everything that makes Corona del Mar and coastal Orange County so exceptional. Floorplans and proposal package available upon request. Renderings have been AI-edited for illustrative purposes only. Preliminary concepts and plans are subject to change.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 1.3 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 7.0 | 3.3 |
| Square foot | 4,649 | 2,880.119 |
| Lot Size | 4,720 | 6,961.881 |
| Price | $13.99M | $6.46M |
| Price per sq ft | $3.0K | $2.0K |
| Built year | 2028 | 1981 |
| HOA | $0 | $647 |
| Days on market | 33 | 83 |
Sep 22, 2026
$13,995,000
Initial Listing