
Corona Del Mar, California 92625
Analysis of 428 Cabrillo, Corona Del Mar, California 92625 is currently available with a list price of $4,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Corona Del Mar Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a comprehensive modern renovation featuring new Thermador appliances, quartz countertops, and a spa-inspired primary bath. The interior shows mint condition with contemporary finishes and recessed lighting, qualifying it as a high-end recent remodel.
The property offers breathtaking, unobstructed views of the Pacific Ocean and Catalina Island, a highly coveted feature that significantly bolsters its market value and prestige in Corona Del Mar.
The home features high-end finishes including new Thermador appliances, quartz countertops, and a spa-inspired primary bath, providing a turnkey luxury experience within a charming single-story layout.
Located in the prestigious Corona Highlands, the residence includes rare private beach access and an expansive gated lot, offering a unique blend of privacy and coastal lifestyle.
At nearly $5 million for 1,516 square feet of living space, the property carries a very high price-per-square-foot ratio that may limit its appeal to value-conscious buyers.
The modest footprint and 1954 original build date may feel restrictive for buyers seeking the grander proportions and high ceilings often found in newer luxury developments in the area.
Join us for our twilight open house and come experience the serene sunset behind Catalina Island. Welcome to 428 Cabrillo Terrace, an exceptional single-story residence in the prestigious community of Corona Highlands. This charming home boasts three bedrooms and two bathrooms, showcasing an open floor plan that is bathed in natural light. Highlights include solid wood floors, oak cabinetry, new Thermador appliances, stunning quartz countertops, a luxurious primary suite with a spa-inspired bath, modern upgrades throughout, expansive lot with gated yard, and breathtaking ocean views. Private beach access. Experience the unparalleled proximity to world-class beaches, luxurious resorts, premier golf courses, exquisite restaurants, upscale shopping, and highly regarded schools. This is a unique opportunity to acquire one of the most affordably priced panoramic ocean view homes in Corona Del Mar.
No exterior & parking available.
Grades PK-6 • 0.8 mi
Grades 7-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,516 | 3,013 |
| Lot Size | 6,384 | 6,200 |
| Price | $5.00M | $5.92M |
| Price per sq ft | $3.3K | $2.1K |
| Built year | 1954 | 1977 |
| HOA | $32.0 | $685 |
| Days on market | 6 | 83 |
Jul 16, 2026
$4,995,000
Initial Listing
Oct 5, 2023
$3,050,000
Public Record