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$10,995,000
3024 Breakers Drive, Corona Del Mar, California 92625
7Beds
6Baths
5,084Sqft
6,190Lot
Year Built
1968
Close
-
List price
$10.99M
Original List price
$10.99M
Price/Sqft
$2,163
HOA
$1,200
Days on market
-
Sold On
-
MLS number
NP25275171
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 - $10.99M(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
12/12/25
Listing
$10,995,000
Condition Rating
Fair

Built in 1968, this property features a well-maintained Mid-Century aesthetic. While the kitchen has been updated with high-end Thermador and Sub-Zero appliances and granite countertops, its cabinet style and tile flooring suggest a renovation that is likely 15-20 years old rather than recent. The bathrooms, as seen in the images, appear significantly dated with older vanities, fixtures, and tile work, requiring immediate modernization. The property also lacks central air conditioning, which is a notable deficiency for a home of this caliber and price point. Overall, the home is functional and well-kept, but many areas show signs of being outdated and would require substantial updates to meet contemporary luxury standards, aligning with the 'Fair' condition criteria.
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, offering breathtaking panoramic views of Big Corona Beach, Newport Harbor, Catalina Island, and dramatic coastline bluffs from multiple vantage points.
Significant Income-Generating ADU: Includes a separate 2-bedroom, 2-bath Accessory Dwelling Unit (ADU) with front-row ocean views, currently leased and providing outstanding income potential.
Exclusive & Private Enclave: The property benefits from being behind the gates of an exclusive community and is virtually hidden from the street, ensuring exceptional privacy and security.
Distinctive Architectural Design & High-End Finishes: Features a unique Mid-Century style with towering double-height vaulted ceilings, floor-to-ceiling windows, custom built-ins, a fireplace with bookmatched stone surrounds, and an island kitchen equipped with Thermador and Sub-Zero appliances.
Comprehensive Amenities & Versatile Living Spaces: Offers a spacious 5-bedroom main residence, multiple wet bars, a media lounge convertible to a studio or gym, an office, and a primary suite with a sauna, providing diverse functional and luxurious spaces.

Cons

Age of Core Structure & Potential for Updates: Built in 1968, the property's underlying systems and certain areas (beyond the remodeled kitchen) may require modernization to align with contemporary luxury standards, despite its well-maintained Mid-Century aesthetic.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant comfort concern for some buyers during warmer periods, especially given the luxury price point.
High Monthly Association Fee: A substantial monthly association fee of $1200 adds a recurring cost to ownership, which may be a consideration for potential buyers.

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