53 Montecito, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 6 bed, 8 bath

53 Montecito, Corona Del Mar, California 92625 home-pic-0

53 Montecito

Corona Del Mar, California 92625

ACTIVE
CONDITION: EXCELLENT
6Beds
8Baths
7,584Sq Ft
15,740Lot Size

Property Price

LIST PRICE$18,995,000
EST. MARKET VALUE
$20,210,045
6% BelowMARKET VALUE

SUMMARY

Analysis of 53 Montecito, Corona Del Mar, California 92625 reveals a Prime Investment Opportunity with a current list price of $18,995,000—significantly undercutting the $20,210,045 Fair Market Value by 6%. This valuation gap indicates a +$1,215,045 Instant Equity potential for buyers. 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.

Estimated Market Value

$20,210,045 +$1,215,045 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Corona Del Mar.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
53 Montecito
Subject
$18,995,000*
List Price
687,584$2,665-
A
17 Muir Beach
Active
$16,750,000
List Price
477,087$2,3630.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This 2026 new construction is a state-of-the-art luxury estate featuring high-end finishes like Cristallo quartzite waterfall islands, Wolf and Sub-Zero appliances, and advanced Josh.AI automation. With its modern architectural design, infinity-edge pool, and brand-new systems, it represents the highest standard of quality with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).

  • Unrivaled 270-Degree Views

    The property commands breathtaking, unobstructed panoramic views of Newport Harbor, the Pacific coastline, Back Bay, and mountain ranges, offering one of the most expansive vistas in Corona Del Mar.

  • Masterful Architectural Design

    This 2026 new construction features a 60-foot gallery with 22-foot ceilings and 35-foot pocketing glass walls, creating a seamless indoor-outdoor flow that epitomizes modern luxury living.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 7584, other record living area = 5040. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.

  • Niche Ultra-Luxury Price Point

    At a listing price of nearly $19 million, the property targets an extremely limited pool of qualified buyers, which may result in a longer period on the market.

  • High Operational Complexity

    The extensive array of high-tech systems, including six zoned HVAC units, advanced water filtration, and complex automation, will require significant and costly ongoing professional maintenance.

About 53 Montecito

Located within Corona del Mar’s Spyglass Hill enclave, 53 Montecito is a newly constructed estate capturing approximately 270° views of Newport Harbor, the Pacific coastline, Back Bay, city lights, and mountain ranges. Commanding an elevated corner parcel with no direct neighboring structures on three sides, the residence enjoys expanded view corridors where horizon, harbor, and sky converge. Spanning approximately 7,584 square feet on a 15,740-square-foot lot, the six-bedroom, eight-bathroom home was conceived and executed as a primary residence with architectural expression and engineering precision prioritized. Arrival unfolds through a 60-foot gallery with 22-foot ceilings, aligned through walls of glass to the infinity-edge pool and Pacific horizon beyond. Floating steel-and-glass stairs, a living moss installation, and water features anchor the space. Architectural concrete panels, white oak detailing, and uninterrupted ceiling planes form a refined presentation. The great room opens to the outdoors through a 35-foot pocketing glass wall and zero-post corner systems. Entertaining spaces flow to reflecting pools, fire elements, and outdoor living areas framed in cedar and concrete, oriented toward sunset views. At the center of the home, the kitchen is anchored by a backlit Cristallo quartzite waterfall island. Pitt cooking systems, Wolf and Sub-Zero appliances, cabinetry, a Cristallo quartzite wine wall, and a secondary prep kitchen combine presence with performance. Whole-home water filtration and reverse osmosis systems serve key fixtures and refrigeration. Two primary suites offer flexibility. The upper-level primary suite opens to a terrace capturing harbor and ocean views. Taj Mahal stone, slab shower construction, a walk-in closet, oak paneling, and integrated lighting define the space. A lower-level primary suite provides accommodations for guests or multigenerational living. Amenities include a 10-seat theater with ballistic-grade reinforcement, fitness and wellness spaces, elevator access to all levels, infinity-edge pool with spa, and water features. Technology includes Josh.AI automation, Lutron lighting control, security and camera systems, structured wiring, and six zoned HVAC systems. 53 Montecito represents an opportunity to acquire a contemporary estate—an elevated coastal residence crafted for those who value design, privacy, and panoramic views.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2026
Lot Size
15,740 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
8 (8 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$576.0 / Month

Neighborhood Insights

Corona Del Mar Unified Schools

Abraham Lincoln Elementary School

Grades K-6 • 0.7 mi

7/10

Roy O. Andersen Elementary School

Grades K-6 • 0.9 mi

9/10

Newport Coast Elementary School

Grades PK-6 • 1.4 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
92%
Baths8.04.0
92%
Square foot7,5842,796
94%
Lot Size15,7409,375
87%
Price$19.00M$5.75M
96%
Price per sq ft$2.5K$2.0K
75%
Built year20261974
98%
HOA$576.0$385
53%
Days on market5208
2%

Pricing History

Listed for Sale

Mar 2, 2026

$18,995,000

Initial Listing

Sold

Mar 15, 2024

$5,370,000

Public Record

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