420 De Sola Terrace, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 4 bed, 4 bath

420 De Sola Terrace, Corona Del Mar, California 92625 home-pic-0
ACTIVE$8,200,000
420 De Sola Terrace, Corona Del Mar, California 92625
4Beds
4Baths
3,500Sqft
7,250Lot
Year Built
1951
Close
-
List price
$8.2M
Original List price
$8.3M
Price/Sqft
$2,343
HOA
$385
Days on market
-
Sold On
-
MLS number
NP25155193
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Coastline, Canyon, Neighborhood, Ocean, Panoramic, Pool, Trees/Woods, Water
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Canyon,Neighborhood,Ocean,Panoramic,Pool,Trees/Woods,Water

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $8.20M(78th), sqft - 3500(80th), beds - 4(56th), baths - 4(61th).

Property will be temporarily taken off the market for the holiday season and is scheduled to be relisted in early 2026. Please do not disturb the owner.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.7mi
9/10
Corona Del Mar High School
Public,7-122.9mi

Price History

Date
Event
Price
10/15/25
Price Change
$8,200,000-1.2%
07/15/25
$8,298,000
Condition Rating
Fair

While the exterior and landscaping appear to be in excellent, recently updated condition with modern features like a fire pit and outdoor kitchen, the property was built in 1951. The MLS listing explicitly identifies 'Age of Construction' as a weakness, noting it 'may necessitate significant updates or renovations to meet contemporary luxury standards and buyer expectations, given its high price point.' Crucially, there are no interior images provided, particularly of the kitchen and bathrooms, which are key indicators of overall condition. For an $8.2 million property of this age, the absence of interior photos strongly suggests that the interior has not undergone extensive recent renovations to meet current luxury standards and likely requires substantial updates to match the exterior's quality and the market's expectations for this price range. Therefore, the overall condition is assessed as 'Fair' due to the probable outdated interior elements despite the pristine exterior.
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unparalleled Panoramic Views: Boasts breathtaking panoramic views encompassing Catalina Island, city lights, coastline, ocean, and more, significantly enhancing its desirability and value.
Prestigious Coastal Location: Situated in the highly sought-after Corona Highlands subdivision within affluent Corona Del Mar, offering an exclusive and desirable lifestyle.
Expansive Living & Lot Size: Features a substantial 3,500 sqft of living space with 4 beds and 4 baths on a generous 7,250 sqft lot, providing ample room for luxury living.
Access to Top-Rated Schools: Located within the highly-regarded Newport Mesa Unified School District, with excellent elementary and high schools nearby, appealing to families.
High-End Market Appeal: Positioned in the luxury real estate market of Corona Del Mar, attracting discerning buyers seeking premium properties in a prime coastal setting.

Cons

Extended Market Unavailability: The property is temporarily off-market for the holiday season and not scheduled for relisting until early 2026, preventing immediate purchase and limiting buyer access.
Age of Construction: Built in 1951, the property's age may necessitate significant updates or renovations to meet contemporary luxury standards and buyer expectations, given its high price point.
Overpriced Relative to Market Estimation: The current list price of $8.2 million is approximately 2% higher than the estimated property value, potentially indicating an aggressive pricing strategy that may deter some buyers.

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