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

53 Montecito
Corona Del Mar, California 92625
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53 Montecito Subject | $18,995,000* List Price | 6 | 8 | 7,584 | $2,665 | - |
A 17 Muir Beach Active | $16,750,000 List Price | 4 | 7 | 7,087 | $2,363 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Roy O. Andersen Elementary School
Grades K-6 • 0.9 mi
Newport Coast Elementary School
Grades PK-6 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 92% |
| Baths | 8.0 | 4.0 | 92% |
| Square foot | 7,584 | 2,796 | 94% |
| Lot Size | 15,740 | 9,375 | 87% |
| Price | $19.00M | $5.75M | 96% |
| Price per sq ft | $2.5K | $2.0K | 75% |
| Built year | 2026 | 1974 | 98% |
| HOA | $576.0 | $385 | 53% |
| Days on market | 5 | 208 | 2% |
Pricing History
Listed for Sale
Mar 2, 2026
$18,995,000
Initial Listing
Sold
Mar 15, 2024
$5,370,000
Public Record










































































