
Corona Del Mar, California 92625
This property presents a High-Potential Investment Opportunity with a List Price of $7,300,000, positioned above the $6,482,185 Fair Market Value. While the property requires a significant capital commitment, its Fair Condition Rating and 10,854 sq. ft. lot offer a prime canvas for a luxury re-build or custom renovation. Featuring stunning bay and ocean views and proximity to top-rated schools like Harbor View Elementary, this asset is ideal for Luxury Developers or Owner-Occupants seeking to build a legacy estate in Corona Del Mar.
Luxury Corona Del Mar home for sale. 4 bed, 3 bath, 2,705 sq. ft. on a 10,854 sq. ft. lot with panoramic ocean views. Prime re-build opportunity in Broadmoor Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 Island View Drive Subject 4 bd · 3 ba · 2,705 sqft · $2,557 | $6,950,000* List Price | 4 | 3 | 2,705 | $2,557 | - |
A 2601 Lighthouse Sold 4 bd · 3 ba · 2,713 sqft · $2,691 · 0.1 mi | $7,300,000 | 4 | 3 | 2,713 | $2,691 | 0.1 mi |
B 1039 Tiller Sold 4 bd · 3 ba · 2,604 sqft · $2,602 · 0.5 mi | $6,775,000 | 4 | 3 | 2,604 | $2,602 | 0.5 mi |
C 1106 Sandpiper Drive Sold 4 bd · 3 ba · 3,567 sqft · $2,117 · 0.3 mi | $7,550,000 | 4 | 3 | 3,567 | $2,117 | 0.3 mi |
D 1307 Seacrest Pending 3 bd · 3 ba · 2,190 sqft · $2,831 · 0.6 mi | $6,200,000 List Price | 3 | 3 | 2,190 | $2,831 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967 and held by the same family for over 50 years, the home is exceptionally well-maintained but dated. While one bathroom has been modernized, the kitchen features cabinetry and appliances that appear to be over 30 years old. The listing explicitly suggests a 'light remodel' or 'dream re-build,' aligning with the fair criteria for a functional but dated property needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10854, living area = 2705.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
The property boasts stunning vistas of the bay, ocean, and Catalina Island from the backyard and bedrooms, significantly enhancing its long-term value and appeal.
Built in 1967 and held by the same owners for decades, the home likely requires substantial modernization or a complete overhaul to meet current luxury standards.
At a $7.3 million list price, the property represents a significant capital investment before accounting for the necessary costs of remodeling or reconstruction.
For the first time in over 50 years, this home is available for its next stewards. Perched on an elevated 10,850 sq. ft. lot in the quiet enclave of Broadmoor Hills in Harbor View Hills, this 2,700 sq. ft. home offers bay and ocean views from the back yard and bedrooms. Glimpses of Catalina give the street its name, while proximity to Fashion Island, the Village, and the beach contribute to the neighborhood's ever-growing reputation. Inside, there are exposed-beam ceilings framing custom millwork around the fireplace in the living room, and more vaulted ceilings and clerestory windows in the kitchen-adjacent family room, all of which flood this hub of the home with natural light. A spacious primary suite on the lower level has two private patio areas and offers a variety of unique living options for every family's needs. The further 3 bedrooms on the upper level all feature ocean or Spyglass Hill views, and share a full bathroom and dedicated laundry room. There's a 3 car garage and driveway parking for many more. Broadmoor Hills separates itself from the rest of the neighborhood by one way in & out access, which creates a quieter than average feel, and the homes there share their own association pool. One local family, known for their community and neighborhood involvement, has graced the home for 54 years, after hand-picking this location for its vantage point. This charming home presents a wonderful opportunity to continue the legacy with a light remodel, or a dream re-build. How will you envision its future?
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 0.5 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.3 |
| Square foot | 2,705 | 2,880.119 |
| Lot Size | 10,854 | 6,961.881 |
| Price | $6.95M | $6.46M |
| Price per sq ft | $2.6K | $2.0K |
| Built year | 1967 | 1981 |
| HOA | $385.0 | $647 |
| Days on market | 33 | 83 |
Oct 14, 2026
$6,950,000
$7,300,000
-5% Price Drop
Initial Listing
Sep 22, 2026
$7,300,000
Initial Listing