23 San Mateo Way, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 5 bed, 3 bath

23 San Mateo Way, Corona Del Mar, California 92625 home-pic-0
ACTIVE$8,900,000
23 San Mateo Way, Corona Del Mar, California 92625
5Beds
3Baths
3,588Sqft
22,580Lot
Year Built
1973
Close
-
List price
$8.9M
Original List price
$8.9M
Price/Sqft
$2,480
HOA
$192
Days on market
-
Sold On
-
MLS number
OC25247778
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Ocean
Deck
Patio
ViewCity Lights,Coastline,Ocean

About this home

We found 3 Cons,7 Pros. Rank: price - $8.90M(85th), sqft - 3588(81th), beds - 5(83th), baths - 3(50th).

Perched atop the prestigious Spyglass Hill community, this extraordinary residence commands one of the most coveted lots in all of Corona del Mar. With unobstructed, panoramic views stretching across the Pacific Ocean, the sparkling coastline of Corona del Mar, the serene backdrop of Catalina Island, and the famed 8th hole of Pelican Hill Golf Course, the setting is nothing short of breathtaking. By night, the dazzling city lights sparkle below, and with no rooftops in sight, every vista is pure and uninterrupted. Set above a private hillside with no homes directly behind, this estate offers both seclusion and grandeur. The expansive, over 100ft wide backyard is a rare find — an outdoor haven with ample space for entertaining, relaxing, or simply soaking in the endless vistas. Step inside to discover timeless elegance, highlighted by a sweeping spiral staircase and soaring vaulted ceilings that create a dramatic sense of space. The thoughtful floor plan features a main-level bedroom, while upstairs you’ll find four additional bedrooms—three of which boast private balconies to fully embrace the spectacular coastal scenery. The primary suite is a true retreat, complete with its own private office wing, a spacious walk-in closet, a beautifully tiled spa-like bathroom, and a view balcony that showcases the very best of coastal living. Homes of this caliber, in this location, are exceedingly rare to find on the market—offering a once-in-a-lifetime opportunity to own a piece of Spyglass Hill’s finest.

Nearby schools

7/10
Abraham Lincoln Elementary School
Public,K-60.6mi
9/10
Roy O. Andersen Elementary School
Public,K-61.0mi
9/10
Harbor View Elementary School
Public,PK-61.2mi
9/10
Newport Coast Elementary School
Public,PK-61.5mi
9/10
Corona Del Mar High School
Public,7-122.4mi

Price History

Date
Event
Price
10/27/25
Listing
$8,900,000
Condition Rating
Good

Built in 1973, this property has undergone significant updates, particularly in the kitchen and bathrooms, which appear to have been renovated within the last 5-15 years. The kitchen features stainless steel appliances, white cabinetry, and dark countertops, while the primary bathroom boasts modern tiling and fixtures, aligning with a 'spa-like' description. Flooring is a mix of well-maintained hardwood, carpet, and tile. While not a brand-new build or a full, cutting-edge renovation, the home is move-in ready with no immediate renovation required, and its systems appear well-maintained, fitting the 'Good' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22580, living area = 3588.
Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unobstructed Panoramic Views: The residence offers breathtaking, unobstructed panoramic views of the Pacific Ocean, Corona del Mar coastline, Catalina Island, the 8th hole of Pelican Hill Golf Course, and dazzling city lights, with no rooftops in sight.
Prime Location & Coveted Lot: Perched atop the prestigious Spyglass Hill community, this property commands one of the most coveted lots in Corona del Mar, signifying exclusivity and desirability.
Exceptional Privacy & Expansive Backyard: Set above a private hillside with no homes directly behind, the estate offers significant seclusion. The expansive, over 100ft wide backyard is a rare find, providing ample space for outdoor living.
Elegant Architecture & Thoughtful Layout: The interior boasts timeless elegance with a sweeping spiral staircase, soaring vaulted ceilings, a main-level bedroom, and a primary suite featuring a private office wing, walk-in closet, spa-like bathroom, and view balcony.
Rarity and Exclusivity: Homes of this caliber and in this specific location are exceedingly rare on the market, presenting a unique, once-in-a-lifetime opportunity for a discerning buyer.

Cons

Age of Property: Built in 1973, while described as having 'timeless elegance,' the property's age suggests that major systems (e.g., plumbing, electrical, HVAC) may be original or require significant modernization, which is not detailed and could lead to future expenses.
Unspecified Cooling System: The property description does not mention the presence of a cooling system (air conditioning), which could be a significant drawback for potential buyers in Southern California, especially during warmer months, and may necessitate a costly installation.
Recurring Association Fees: The property is subject to a monthly association fee of $192.0, representing a recurring cost that potential buyers must factor into their budget.

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