
Corona Del Mar, California 92625
This Ultra-Luxury New Construction is a High-Potential Investment Opportunity, listed at $9,300,000—positioned well below the $9,784,878 Fair Market Value by 4%. This valuation gap offers $484,878 in Instant Equity. Featuring an Excellent Condition Rating, this 2025 build includes a private elevator, Sub-Zero wine storage, and a panoramic rooftop deck. Located in the Newport Mesa Unified district with top-rated schools, this residence is an ideal acquisition for discerning luxury buyers or sophisticated owner-occupants seeking coastal refinement.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 303 Jasmine Avenue Subject | $9,300,000* List Price | 4 | 6 | 2,980 | $3,284 | - |
A 412 Heliotrope Pending | $8,495,000 List Price | 4 | 6 | 3,120 | $2,723 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a ground-up new construction (2025) in mint condition. It features ultra-luxury finishes including a high-end kitchen with Sub-Zero appliances, bespoke cabinetry, marble bathrooms, and brand-new systems throughout.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Ideally situated south of PCH and just one block from the beach, this rare single-family residence offers an elite location in the heart of Corona del Mar Village.
Built in 2025, the home features high-end finishes including Fleetwood doors, a private elevator, and a 102-bottle Sub-Zero wine refrigerator, ensuring modern luxury and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2980, other record living area = 1097. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
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 = 2980.
At a list price of $9.3 million for 2,980 square feet, the property commands a significant premium that exceeds $3,100 per square foot, which may limit the buyer pool.
Introducing Casa Grigio, a ground-up new construction developed by Grewal Development that seamlessly marries the quiet romance of Napa Valley with the effortless elegance of coastal Southern California. Ideally situated just one block from the beach in the heart of Corona del Mar Village, this exceptional SINGLE-FAMILY residence is crowned by a large rooftop deck showcasing ocean views. Featuring 4 bedrooms and 6 bathrooms, the home is defined by a sophisticated palette of natural stone, hand-finished wood, soft plaster finishes, handcrafted Zellige tile, custom Fleetwood doors and windows, and exterior copper metal accents that create an atmosphere of warmth and timeless refinement. The expansive, light-filled interiors open effortlessly to private courtyards and terraces, inviting ocean breezes and creating a seamless indoor-outdoor lifestyle. Just off the main living area, a beautifully designed interior courtyard serves as a private outdoor sanctuary, anchored by a custom built-in fireplace that creates a warm and inviting setting for year-round enjoyment! The residence features bespoke millwork, luxury custom cabinetry, a walk-in pantry, custom window treatments, and a built-in Sub-Zero wine refrigerator with a 102-bottle capacity. The expansive rooftop deck elevates the home's entertainment offerings with ocean views, a gas firepit, built-in refrigerator, and ice maker, creating the perfect setting for sunset gatherings and coastal entertaining. A private elevator provides effortless access to every level of the home. Casa Grigio embodies a distinctly Californian sensibility, offering the character of wine country living and the ease of coastal luxury just steps from the sand.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 1.3 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 2,980 | 3,013 |
| Lot Size | 3,540 | 6,200 |
| Price | $9.30M | $5.92M |
| Price per sq ft | $3.1K | $2.1K |
| Built year | 2025 | 1977 |
| HOA | $0 | $685 |
| Days on market | 29 | 83 |
Jun 23, 2026
$9,300,000
Initial Listing
Nov 30, 2021
$2,500,000
Public Record