408 Mendoza, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 4 bed, 6 bath

408 Mendoza, Corona Del Mar, California 92625 home-pic-0
ACTIVE$14,995,000
408 Mendoza, Corona Del Mar, California 92625
4Beds
6Baths
6,296Sqft
8,176Lot

Price Vs. Estimate

The estimated value ($12,603,411.81) is $2,391,588.19 (15%) lower than the list price ($14,995,000). This property may be overpriced.

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:
Future Completion Date: The property is currently under construction with an estimated completion in early 2026, meaning buyers cannot take immediate occupancy and must wait for the project to finalize.

Compared to the nearby listings

Price:$14.99M vs avg $5.10M (+$9,895,000)95%
Size:6,296 sqft vs avg 2,575 sqft95%
Price/sqft:$2.4K vs avg $2.0K69%

More Insights

Built in 2025 (0 years old).
Condition: This property is described as 'new construction' with a 'year_built' of 2025 and completion expected in early 2026. It features a 'gourmet kitchen with hand-crafted cabinetry, top-of-the-line Miele professional appliance package,' and a 'luxurious stand-alone tub' in the master suite, indicating brand-new, high-end finishes and systems throughout. The renderings also depict a modern, luxurious design, aligning perfectly with the 'Excellent' criteria for a newly built property with no deferred maintenance and all new components.
Year Built
2025
Close
-
List price
$14.99M
Original List price
$14.99M
Price/Sqft
$2,382
HOA
$150
Days on market
-
Sold On
-
MLS number
OC24239372
Home ConditionExcellent
Features
Excellent View: Catalina, City Lights, Coastline
Deck
Pool
Spa
ViewCatalina,City Lights,Coastline

About this home

Immerse yourself in the serene luxury of your Custom ocean-view retreat in the prestigious community of Corona Highlands. This exceptional new construction, a collaborative masterpiece by the award-winning luxury builder Nicholson Companies and acclaimed architect Mark Teale, is set to be completed early 2026. This expansive residence of nearly 6,296 square feet maximizes incredible ocean and canyon views. This rare prime view parcel is situated at the end of a secluded and elevated cul de sac offering inordinate space and privacy. Massive glass doors off the main living and dining spaces open to breathtaking views and flows to the outdoor retreat complete with wrap around deck and sparkling pool and spa. A gourmet kitchen with hand-crafted cabinetry, top-of-the-line Miele professional appliance package, large pantry and beautiful oversized center island opens to the outdoors and more spectacular views. The master suite includes a warming fireplace, large walk-in closet, luxurious stand-alone tub and again, more unobstructed ocean and canyon views. Plus, an additional guest bedroom suite, spacious office, living room with linear fireplace and powder room round out this floor. An elevator whisks you down to the lower level showcasing an impressive media and game room, large laundry with adjacent powder room, private gym complete with sauna, stunning bar, two large bedroom suites with walk in closets, a walk out deck and a three-car garage. This 4 bedroom, 4 full and 2 half bath home fuses the best of traditional beach living with sophisticated modern elegance. Minutes away from SNA airport, freeways, Fashion Island, South Coast Plaza, and all the charming boutiques, world-class restaurants & shopping Corona del Mar has to offer. Welcome to your new sanctuary by the sea. All renderings and floorplans are conceptual only and subject to change. View photos are approximate.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.7mi
9/10
Corona Del Mar High School
Public,7-122.8mi
Condition Rating
Excellent

This property is described as 'new construction' with a 'year_built' of 2025 and completion expected in early 2026. It features a 'gourmet kitchen with hand-crafted cabinetry, top-of-the-line Miele professional appliance package,' and a 'luxurious stand-alone tub' in the master suite, indicating brand-new, high-end finishes and systems throughout. The renderings also depict a modern, luxurious design, aligning perfectly with the 'Excellent' criteria for a newly built property with no deferred maintenance and all new components.
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Brand New Custom Construction: This is a collaborative masterpiece by award-winning Nicholson Companies and acclaimed architect Mark Teale, set for completion in early 2026, ensuring modern luxury, design, and state-of-the-art features.
Panoramic Ocean & Canyon Views: The residence is strategically designed to maximize incredible ocean, canyon, Catalina, city lights, and coastline views from multiple rooms and outdoor spaces, offering a truly breathtaking backdrop.
Prestigious & Private Location: Situated on a rare prime view parcel at the end of a secluded, elevated cul-de-sac in the exclusive Corona Highlands community, providing exceptional privacy and ample space.
Extensive Luxury Amenities: The property boasts a gourmet kitchen with Miele professional appliances, an elevator, media and game room, private gym with sauna, stunning bar, pool, spa, and a wrap-around deck, catering to a high-end lifestyle.
Expansive & Thoughtful Design: With nearly 6,296 square feet, the home features a well-planned layout including a luxurious master suite, additional guest suite, spacious office, and seamless indoor-outdoor living spaces.

Cons

Future Completion Date: The property is currently under construction with an estimated completion in early 2026, meaning buyers cannot take immediate occupancy and must wait for the project to finalize.
Conceptual Plans & Approximate Views: All renderings, floorplans, and view photos are noted as conceptual and approximate, which means the final product and actual views could vary from what is currently presented.
Significant Price Discrepancy: The listing price of $14.995M is 15% higher than the estimated property value and notably above recent comparable sales in the immediate area, potentially indicating an aggressive pricing strategy.

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