
Corona Del Mar, California 92625
This Ultra-Luxury New Construction Residence is listed at $8,495,000—positioned well below the $8,558,340 Fair Market Value by 1%. This valuation gap offers $63,340 in Instant Equity for a pristine 2024 build. Boasting an Excellent Condition Rating, the home features European white oak floors, Wolf appliances, and a private elevator. The 750 sqft rooftop deck provides panoramic views, complemented by proximity to 9/10 rated schools like Harbor View Elementary. This coastal sanctuary is perfect for luxury-seeking families or Owner-Occupants seeking a sophisticated, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 412 Heliotrope Subject | $8,495,000* List Price | 4 | 6 | 3,120 | $2,743 | - |
A 302 Orchid Avenue Active | $7,995,000 List Price | 4 | 5 | 3,042 | $2,628 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 ground-up construction featuring ultra-luxury finishes, including top-of-the-line Wolf appliances, European white oak flooring, and premium natural stone surfaces. The property features modern amenities like a private elevator and a 750 sqft rooftop retreat, meeting the highest current quality standards with no deferred maintenance.
Unlike many properties in the Corona del Mar Village that are split into duplexes or condos, this is a full single-family residence, offering superior privacy and a larger footprint south of PCH.
Built in 2024 by Grewal Development and designed by Mark Teale, the home features high-end finishes including European white oak floors, Wolf appliances, and a private elevator connecting all levels.
The property maximizes coastal living with a 750 sqft rooftop deck featuring panoramic views, a hot tub, and a firepit, plus a heated interior courtyard with a custom waterwall.
With a list price of nearly $8.5 million, the property sits at a high price-per-square-foot, which may limit the pool of qualified buyers even within the luxury market.
Typical of the high-density Village location, the property lacks a traditional backyard or lawn, relying entirely on vertical outdoor spaces and courtyards for exterior recreation.
FULL SINGLE FAMILY RESIDENCE! 412 Heliotrope is ground up new construction built by Grewal Development, and crafted by architect Mark Teale, which was brought to life by award-winning Sage Design Studio! This 4 bedroom, 6 bathroom residence spans 3,120 sqft of refined interiors, plus 650 sqft 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 show stopping 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 a rooftop retreat with a 750 sqft rooftop deck with panoramic views, wet bar, hot tub, and firepit! 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 the Village shops and restaurants, and a short distance to Corona del Mar State Beach!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 6.0 | 3.0 | 81% |
| Square foot | 3,120 | 2,796 | 60% |
| Lot Size | 3,541 | 7,139 | 9% |
| Price | $8.49M | $5.71M | 72% |
| Price per sq ft | $2.7K | $2.0K | 81% |
| Built year | 2024 | 1975 | 89% |
| HOA | $0 | $576 | 28% |
| Days on market | 0 | 197 | 2% |
Apr 16, 2026
$8,495,000
Initial Listing
Dec 21, 2020
$2,200,000
Public Record