302 Orchid Avenue, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 4 bed, 5 bath

302 Orchid Avenue, Corona Del Mar, California 92625 home-pic-0
ACTIVE$8,495,000
302 Orchid Avenue, Corona Del Mar, California 92625
4Beds
5Baths
3,042Sqft
3,540Lot

Price Vs. Estimate

The estimated value ($9,415,755.26) is $920,755.26 (10%) higher than the list price ($8,495,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3540, living area = 3042.

Compared to the nearby listings

Price:$8.49M vs avg $5.10M (+$3,395,000)80%
Size:3,042 sqft vs avg 2,575 sqft69%
Price/sqft:$2.8K vs avg $2.0K83%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this property is only 7 years old and was constructed by custom builders with high-end finishes and meticulous design. The kitchen features professional-grade appliances, dual dishwashers, and modern cabinetry, while the bathrooms boast spa-like amenities including a soaking tub and multi-head shower. Hardwood floors, contemporary light fixtures, and smart home features are evident throughout, indicating a virtually new condition with no deferred maintenance.
Year Built
2017
Close
-
List price
$8.49M
Original List price
$8.49M
Price/Sqft
$2,793
HOA
-
Days on market
-
Sold On
-
MLS number
NP25241850
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic
Deck
Patio
ViewCity Lights,Coastline,Hills,Neighborhood,Ocean,Panoramic

About this home

Exuding sophistication, precision, and quality finishes, this 4-bedroom plus office single-family home showcases the expertise of Graystone Custom Builders and Teale Architects, with every detail carefully and meticulously established. The admired Graystone signature style reveals organic lighting, shiplap walls and ceilings, masonry accents, hardwood flooring, exquisite use of marble and stone, and thoughtful application of timeless and modish patterns – amongst all the necessary appliances and accommodations for a harmonious impact. Notable declarations include: an elevator servicing all levels; living room with custom inlaid fireplace; walls of bifold doors to the front courtyard with firepit; kitchen with abundant storage, large island with breakfast bar, 2 dishwashers, 6-burner range with double oven, pot filler, built in desk and coffee bar; disappearing doors to the central courtyard replete with built-in BBQ, fireplace, heat lamps, and tranquil water feature; dining room with integral built-ins and climate-controlled wine wall for approximately 300 bottles; primary wing with fireplace retreat, huge walk-in closet with organizational built-ins, a private viewing decks; spa primary bath with dual vanities, a makeup vanity, separate soaking tub and walk-in multi-head shower; all secondary bedrooms are ensuite with spacious bathrooms; private office with balcony; upstairs laundry room with sink and cabinetry; dedicated workout room with tons of storage. Enjoy peaceful ocean and city views from the sprawling rooftop deck that functions year-round with a large, covered loggia area complete with sink, fridge, countertops, and BBQ. Live the Corona del Mar Lifestyle in this newer haven, located just a short block from world-class beaches, blue ribbon schools, famed shopping, and local and exquisite dining.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.7mi
7/10
Abraham Lincoln Elementary School
Public,K-61.3mi
9/10
Roy O. Andersen Elementary School
Public,K-62.0mi
9/10
Newport Coast Elementary School
Public,PK-62.7mi
9/10
Corona Del Mar High School
Public,7-122.9mi
Condition Rating
Excellent

Built in 2017, this property is only 7 years old and was constructed by custom builders with high-end finishes and meticulous design. The kitchen features professional-grade appliances, dual dishwashers, and modern cabinetry, while the bathrooms boast spa-like amenities including a soaking tub and multi-head shower. Hardwood floors, contemporary light fixtures, and smart home features are evident throughout, indicating a virtually new condition with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Exceptional Craftsmanship & Design: Built in 2017 by Graystone Custom Builders and Teale Architects, this home showcases sophisticated design, quality finishes, exquisite marble/stone, and meticulous attention to every detail.
Luxury Amenities & High-End Features: The property boasts an elevator servicing all levels, a climate-controlled 300-bottle wine wall, a spa-like primary bath, a dedicated workout room, and a gourmet kitchen equipped with premium appliances.
Premier Outdoor Living & Entertainment: Features multiple courtyards with firepits, built-in BBQ, fireplaces, heat lamps, and a tranquil water feature, complemented by a sprawling rooftop deck with ocean/city views, a covered loggia, and an outdoor kitchen.
Prime Coastal Location: Located just a short block from world-class beaches, blue ribbon schools, famed shopping, and exquisite dining in the highly desirable Corona del Mar neighborhood.
Panoramic Ocean & City Views: The expansive rooftop deck offers peaceful panoramic ocean and city views, significantly enhancing the property's appeal and lifestyle.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3540, living area = 3042.
Limited Traditional Yard Space: The outdoor areas are primarily designed as courtyards and a rooftop deck, which may not satisfy buyers seeking a large, traditional green yard.
Absence of Explicit Cooling System: While a luxury home, the description does not explicitly mention a central air conditioning or cooling system, which could be a consideration for comfort during warmer periods.
Compact Lot Size: With a lot size of 3540 sqft, the property offers less land than some luxury single-family homes, potentially limiting extensive landscaping or future expansion possibilities.

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