525 El Paseo Drive

Corona Del Mar, CA
$ 9,950,000 Beds 5 Baths 3 Sq 3,166
Monthly Estimate* How much can I afford?

DEVELOPMENT OPPORTUNITY WITH PERMITTED PLANS on, by far, the largest lot in the sought-after enclave of Irvine Terrace at well over 4/5 of an Acre. Come explore the potential of this significant Contemporary architectural design by Brandon Architects that takes full advantage of the large and unique building site, making it possible for the creation of a private residence with some modern elements, while still maintaining warmth and texture throughout. By maximizing views and indoor-outdoor connections, this property will take on the best aspects of 5-Star resort. At nearly 11,000 sf of living space, the Main Residence offers up to 7 Bedrooms, 7 Baths and 3 Powder Rooms, in addition to many other expected and appreciated rooms and spaces, including an ocean view Great Room with Bar adjacent to a Gourmet "Show" Kitchen and sequestered Chef's "Dirty" Kitchen. As one would expect, the design also includes a generous allocation of space for entertaining by way of a luxurious Lounge area, complete with Bar, Wine Room and Tasting Area, a Table Games area and Media Room. If you would prefer a workout, the design allows for a significant Home Gym with Bath and Sauna. While the Interior plan is impressive on its own, the proposed Exterior amenities solidify the design as an A+. Of note: Pool and Spa with Baja Shelf and Sunken Fire Pit, Outdoor Kitchen with Sit-At Bar, several outdoor Dining and Lounge areas, Bocce Ball Court, Grassy Lawn, Sauna and Pool Bath. But if all of this is not enough, the design also calls for a very private 770 sf 1-Bedroom Guest House out on the tip of the lot that will be an absolute hit with overnight and long-term visitors. And while the Garage are can sometimes be an afterthought in the planning process, that is certainly not the case at this residence, with garaging for 5 vehicles and additional off-street parking for several more vehicles in the Gated Motor Court. And we can't forget to mention the Views of the Pacific Ocean, Newport Harbor, Catalina Island, and City Lights, and being in close proximity to Balboa Island, Beaches, Private Golf, Tennis & Yacht Clubs, Fashion Island/Newport Center and the heart of Corona del Mar. Once completed, this home is destined to become legendary.

Active

  • Price
  • $ 9,950,000
  • City
  • Corona Del Mar
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • Orange
  • Half Bathrooms
  • 0
  • Area
  • Corona Del Mar - Spyglass
  • Lot Size
  • 0.8196 Acres
  • Zip
  • 92625
  • Sqr Footage
  • 3,166
  • Year Built
  • 1961
  • Style
  • MLS#
  • NP26088576
Listed By: Rob Smith with Compass; 949-697-8855
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 3166
Sewer Public Sewer
Cooling None
Utilities Cable Not Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Possession Close Of Escrow
Zoning R-1
HOA Fee 575
Garage Spaces 2
Pool Features None
Year Built 1961
View Bay,Catalina,City Lights,Harbor,Neighborhood,Ocean,Water
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Curbs,Gutter(s),Park,Storm Drain(s),Street Lights,Suburban,Sidewalks
Assoc Fee Paid Per Annually
County Orange
New Construction false
Property Type Residential
Association Amenities Sport Court,Picnic Area,Playground,Tennis Court(s)
HOA true
Attached Garage true
Subdivision Name Irvine Terrace (IRVT)
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Bayside Drive to El Paseo
High School Corona Del Mar
City Corona Del Mar
Disclosures Covenants/Restrictions Disclosure,Coastal Zone,HOA Disclosure
Association Name Irvine Terrace Community Association
Entry Location 1
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 1
MLS Area CS - Corona Del Mar - Spyglass
Lot Size Units Square Feet
Lot Size Square Feet 35700
Listing Terms Cash,Cash to New Loan
Spa Features None
Elementary School Harbor View
Property Attached Y/N false
Land Lease Y/N false
Middle/Junior High School Corona Del Mar
Property Condition Building Permit
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Public Records
Tax Lot 94
Property Sub Type Additional Single Family Residence
PostalCity CORONA DEL MAR

Interior Features

Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Fireplace Y/N false
Laundry Features None
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 3
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Parking Features On Site,On Street
Lot Features Bluff,Corner Lot,Irregular Lot,Sloped Up,Tear Down,Value In Land
Water Source Public
Total Parking 2
Lot Size Area 35700
Spa false
Lot Size Acres 0.8196
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Harbor View Elementary School
Middle School Corona Del Mar Middle School
High School Corona Del Mar High School

Price History

4/29/2026 Listed $9,950,000

Property vs Zip Code Average in 92625

Price
AVG $11.1M
$9.95M
Year Built
AVG 1990
1961

In The Neighborhood

Areas That We Cover

525 El Paseo Drive Corona Del Mar, CA is a Single Family Home for sale at $9950000 with 3166 sqft and a lot size of 0.8196 Acres Acre(s). 525 El Paseo Drive Corona Del Mar has 5 bedrooms, 3 baths and was built in 1961. The property's zip code is 92625 which is in Corona Del Mar, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Chris Lechner

Chris Lechner

951-319-2636

Find your home's value