3024 Breakers Drive, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 7 bed, 6 bath

3024 Breakers Drive, Corona Del Mar, California 92625 home-pic-0
ACTIVE$14,995,000
3024 Breakers Drive, Corona Del Mar, California 92625
7Beds
6Baths
5,084Sqft
6,190Lot
Year Built
1968
Close
-
List price
$14.99M
Original List price
$15.99M
Price/Sqft
$2,949
HOA
$1,200
Days on market
-
Sold On
-
MLS number
NP24236762
Home ConditionFair
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic, Water
Deck
Patio
ViewCatalina, Coastline, Ocean, Panoramic, Water

About this home

We found 3 Cons,6 Pros. Rank: price - $14.99M(92th), sqft - 5084(92th), beds - 7(92th), baths - 6(92th).

Just feet from the sand in Corona del Mar, behind the gates of the exclusive Breakers Drive enclave and on the market for the first time since its construction, this once-in-a-lifetime residence overlooks Big Corona Beach, the stone jetties that line Newport Harbor’s entrance channel, Catalina Island, breaking waves, and dramatic coastline bluffs. Virtually hidden from the street above and exceptionally private on every level, this coastal gem of approximately 5,084 square feet consists of a 5-bedroom, 3.5-bath main residence, and a separate 2-bedroom, 2-bath ADU with front-row ocean views which is currently leased and offers outstanding income potential. The home’s private entry introduces the lowest floor and hosts an office or bedroom with ensuite bath and a wet bar. Offering separate outside access, a media lounge with tray ceiling and wet bar can easily become a studio or home gym. Floating stairs lead to the main level of the residence, which impresses with stunning ocean and beach views, a towering double-height vaulted ceiling with floor-to-ceiling windows, access to a spacious ocean-view terrace, a fireplace with bookmatched stone surrounds, a wet bar, and a dining room with built-in buffet. An island kitchen shines with granite countertops, Thermador and Sub-Zero appliances, and a fireplace-warmed breakfast room opening to a private rear patio with automated sprinklers. Locking gates lead from the patio to the street behind and a short stroll to Corona del Mar’s village shops and restaurants. The patio can also be reached by a wood-paneled guest room. On the top floor, an open landing overlooks the living room below and leads to two ocean-view guest rooms, with one leading to a beach-view balcony, and another offering access to a private rear balcony. Separate from the guest bedrooms, the primary suite is fully appointed with a balcony overlooking the ocean, a cedar-lined walk-in closet and a sauna with door to the rear balcony. Mid-Century style is complemented by clerestory windows, vaulted open-beam ceilings, custom built-ins, and a period-perfect intercom system. Enjoy easy access to Big Corona’s broad beach, tide pools, Fashion Island, Pelican Hill, and John Wayne Airport.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.7mi
7/10
Abraham Lincoln Elementary School
Public,K-61.4mi
9/10
Roy O. Andersen Elementary School
Public,K-62.1mi
9/10
Newport Coast Elementary School
Public,PK-63.1mi
9/10
Corona Del Mar High School
Public,7-122.8mi

Price History

Date
Event
Price
11/11/25
Price Change
$14,995,000
01/06/25
Listing
$15,995,000
Condition Rating
Fair

Built in 1968, this property has been well-maintained and features stunning views and some updated living spaces with modern flooring and recessed lighting. The kitchen boasts high-end Thermador and Sub-Zero appliances and granite countertops, which are functional but the cabinetry and tile flooring appear dated, likely from a renovation 15-30 years ago. The secondary bathroom shown in the images is notably outdated with older tile, vanity, and fixtures. While some areas have been refreshed, the property retains significant 'Mid-Century style' elements and a 'period-perfect intercom system,' indicating it has not undergone a full, comprehensive modern renovation. It is livable and functional but requires minor updates, particularly in the kitchen and bathrooms, to meet current aesthetic standards.
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unparalleled Oceanfront Location & Views: Situated just feet from the sand within the exclusive Breakers Drive enclave, the property offers panoramic views of Big Corona Beach, Catalina Island, the Pacific Ocean, and dramatic coastline bluffs.
Significant Income-Generating ADU: Includes a separate 2-bedroom, 2-bath Accessory Dwelling Unit (ADU) with front-row ocean views, currently leased, providing outstanding and immediate income potential.
Exclusivity & Rarity: This residence is located behind the gates of an exclusive community and is on the market for the first time since its construction in 1968, highlighting its unique and prestigious offering.
Spacious & Versatile Living: Boasting approximately 5,084 square feet across a 5-bedroom main residence and the ADU, the property features flexible spaces such as an office/bedroom with wet bar and a media lounge/home gym.
High-End Kitchen & Architectural Design: The island kitchen is equipped with granite countertops and premium Thermador and Sub-Zero appliances, complemented by striking architectural elements like double-height vaulted ceilings, floor-to-ceiling windows, and Mid-Century style.

Cons

Age and Potential for Dated Systems: Built in 1968 and on the market for the first time, while some features are updated, other systems or elements (e.g., 'period-perfect intercom system') may be original or older, potentially requiring future modernization or maintenance.
High Association Fees: The property carries a substantial monthly association fee of $1,200, which adds a significant ongoing cost to ownership.
Lack of Mentioned Cooling System: The detailed description does not specify the presence of an air conditioning or modern cooling system, which could be a comfort consideration during warmer periods, especially for a property of this age.

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