412 Heliotrope Avenue, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 4 bed, 6 bath

412 Heliotrope Avenue, Corona Del Mar, California 92625 home-pic-0
ACTIVE$8,650,000
412 Heliotrope Avenue, Corona Del Mar, California 92625
4Beds
6Baths
3,120Sqft
3,541Lot

Price Vs. Estimate

The estimated value ($8,650,000) is $0 (0%) lower than the list price ($8,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New, High-Quality Construction: Built in 2024 by Grewal Development with design by architect Mark Teale and Sage Design Studio, ensuring modern standards and exquisite craftsmanship.
Top Cons:
High Price Point & Recent Price Reduction: Listed at $8.65M, the property has already seen a $300K price reduction from its original $8.95M, which may indicate market resistance or initial overpricing.

Compared to the nearby listings

Price:$8.65M vs avg $5.10M (+$3,550,000)83%
Size:3,120 sqft vs avg 2,575 sqft69%
Price/sqft:$2.8K vs avg $2.0K83%

More Insights

Built in 2024 (1 years old).
Condition: This property is a brand new, ground-up construction built in 2024, meeting the 'newly built' criteria for an excellent score. The description and images showcase top-of-the-line features and finishes throughout, including a 'showstopping kitchen with fully equipped top-of-the-line Wolf appliances and a dramatic natural stone island,' 'spa-worthy bath wrapped in King White marble,' European white oak floors, integrated LED lighting, and a private elevator. All components are new, high-quality, and reflect current luxury standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2024
Close
-
List price
$8.65M
Original List price
$8.95M
Price/Sqft
$2,772
HOA
-
Days on market
-
Sold On
-
MLS number
LG25093137
Home ConditionExcellent
Features
Excellent View: Hills, Neighborhood, Panoramic
Deck
Spa
Patio
ViewHills, Neighborhood, Panoramic

About this home

412 Heliotrope is a FULL SINGLE FAMILY ground up new construction built by Grewal Development, and crafted by architect Mark Teale, which was brought to life by the award-winning Sage Design Studio! Sale includes indoor and outdoor furnishings, curated artwork & accessories, custom window coverings, televisions, and relaxing hot tub, all ready for you to enjoy from day one! This 4-bedroom, 6-bathroom residence spans 3,120 square feet of refined interiors, plus 650 square feet of seamless indoor-outdoor living space between the front firepit entry to the interior courtyard that features built-in heaters and a custom waterwall. Inside, European white oak floors run throughout, while sunlit living areas are elevated by rich details—like the Limestone fireplace flanked by custom oak bookshelves with integrated LED lighting. A custom stained Hemlock tongue-and-groove ceiling adds subtle texture and warmth throughout the home, both indoors and out. At the center, a showstopping kitchen with fully equipped top-of-the-line Wolf appliances and a dramatic natural stone island. The primary suite offers a serene haven, with bi-folding doors to a private balcony, a Kelly Wearstler chandelier, and a see-through wall mounted fireplace that opens to a spa-worthy bath wrapped in King White marble. A private elevator connects all three levels, leading to a rooftop retreat with a 750-square-foot rooftop deck with panoramic views, wet bar, hot tub, and fire pit! Every inch of this home is curated—from sleek Caesarstone baths and mosaic tilework, to a laundry room finished in Japanese Yukon tile—bringing thoughtful luxury to coastal living. Minutes away from all of the village shops and restaurants, and a short distance to Corona del Mar State Beach!

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.4mi
7/10
Abraham Lincoln Elementary School
Public,K-61.1mi
9/10
Roy O. Andersen Elementary School
Public,K-61.8mi
9/10
Newport Coast Elementary School
Public,PK-62.9mi
9/10
Corona Del Mar High School
Public,7-122.6mi
Condition Rating
Excellent

This property is a brand new, ground-up construction built in 2024, meeting the 'newly built' criteria for an excellent score. The description and images showcase top-of-the-line features and finishes throughout, including a 'showstopping kitchen with fully equipped top-of-the-line Wolf appliances and a dramatic natural stone island,' 'spa-worthy bath wrapped in King White marble,' European white oak floors, integrated LED lighting, and a private elevator. All components are new, high-quality, and reflect current luxury standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Brand New, High-Quality Construction: Built in 2024 by Grewal Development with design by architect Mark Teale and Sage Design Studio, ensuring modern standards and exquisite craftsmanship.
Exceptional Indoor-Outdoor Living & Rooftop Deck: Features 650 sqft of seamless indoor-outdoor space, an interior courtyard with built-in heaters and a waterwall, plus a 750 sqft rooftop deck with panoramic views, wet bar, hot tub, and fire pit.
Luxury Turnkey Offering: The sale includes all indoor and outdoor furnishings, curated artwork, custom window coverings, and televisions, providing a completely move-in ready, designer-finished home.
Premium Finishes & Amenities: Boasts high-end details such as European white oak floors, a Limestone fireplace, top-of-the-line Wolf appliances, natural stone island, private elevator, and spa-worthy baths with King White marble and Caesarstone.
Prime Coastal Location: Situated minutes from Corona del Mar village shops, restaurants, and a short distance to Corona del Mar State Beach, offering desirable walkability and coastal lifestyle.

Cons

High Price Point & Recent Price Reduction: Listed at $8.65M, the property has already seen a $300K price reduction from its original $8.95M, which may indicate market resistance or initial overpricing.
Compact Lot Size: The 3,541 sqft lot is relatively small for a single-family home in this luxury market, potentially limiting traditional private outdoor space beyond the integrated living areas.
Limited Traditional Yard Space: Despite extensive indoor-outdoor features, the compact lot size means minimal traditional green space or a large private backyard, which might not appeal to all buyers seeking expansive outdoor living.

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