$9,800,000
$9,950,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
525 El Paseo DR Corona Del Mar, CA 92625
4 Beds
4 Baths
3,166 SqFt
Key Details
Sold Price $9,800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,166 sqft
Price per Sqft $3,095
Subdivision Irvine Terrace (Irvt)
MLS Listing ID NP26088576
Sold Date 10/28/26
Bedrooms 4
Full Baths 1
Half Baths 1
Three Quarter Bath 2
Construction Status Building Permit
HOA Fees $47/ann
HOA Y/N Yes
Year Built 1961
Lot Size 0.820 Acres
Property Sub-Type Single Family Residence
Property Description
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 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.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Zoning R-1
Rooms
Main Level Bedrooms 4
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type Family Room, Living Room
Fireplace Yes
Laundry Laundry Room
Exterior
Parking Features On Site, On Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Amenities Available Sport Court, Picnic Area, Playground, Tennis Court(s)
View Y/N Yes
View Bay, Catalina, City Lights, Harbor, Neighborhood, Ocean, Water
Total Parking Spaces 2
Private Pool No
Building
Lot Description Bluff, Corner Lot, Irregular Lot, Sloped Up, Tear Down, Value In Land
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Building Permit
Schools
Elementary Schools Harbor View
Middle Schools Corona Del Mar
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
HOA Name Irvine Terrace Community Association
Senior Community No
Tax ID 05029127
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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