Homes for sale - 525 El Paseo DR, Corona Del Mar, CA 92625

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$11,995,000

Est. payment - /mo

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5 BD

3 BA

3,166 SqFt

Price Dropped by $1.5M

525 El Paseo DR Corona Del Mar, CA 92625

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Jeff Underdahl

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

11/22/2024 11:24 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,166 sqft

Price per Sqft $3,788

Subdivision Irvine Terrace (Irvt)

MLS Listing ID NP24130191

Bedrooms 5

Full Baths 3

Condo Fees $575

HOA Fees $575/ann

HOA Y/N No

Year Built 1961

Lot Size 0.857 Acres

Property Description

Discover the unparalleled experience of owning a truly unique, exclusive trophy property, set on the largest lot in the esteemed Irvine Terrace of Corona del Mar. Currently sited on this near-acre lot, is an ultra-cool mid-century modern, 4-bedroom, 5-bathroom residence. The FULLY APPROVED transformative plans reveal a future main house of nearly 10,500 square feet - 6 bedrooms and 9 bathrooms, alongside a separate 770 sq ft guest house with 1 bedroom and 1.5 bathrooms. Curated by renowned designer Cadiz Collaboration, and formulated by the famed Brandon Architects, this home is a poetic expression of conceptual ideas, seamlessly blending organic modern elements to create a stunning architectural masterpiece. These plans embrace the site's full potential while harmonizing with the surrounding community, showcasing an architecturally significant design that is both exquisite and transformative. The innovative layout capitalizes on the expansive lot, with a unique orientation that captures breathtaking views of Catalina throughout the property. Inspired by Nordic and Scandinavian aesthetics, the design intention is warm yet timeless, merging hotel hospitality superior home comforts. The concept of approachable luxury and joy-inspired living is evident throughout. Experience the blend of luxury and thoughtful design in a home that offers a rare chance to own a truly special piece of real estate. This property will be more than just a home; it will be an unparalleled living adventure and a testament to superior design and craftsmanship. FULL VIRTUAL REALITY HEADSET EXPERIENCE AVAILABLE AT THE PROPERTY.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Main Level Bedrooms 5

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling None

Fireplaces Type Family Room, Living Room

Fireplace Yes

Laundry Inside

Exterior

Garage Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

View Y/N Yes

View City Lights, Harbor, Neighborhood, Ocean

Attached Garage Yes

Total Parking Spaces 6

Private Pool No

Building

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

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, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

Listed by Casey Lesher • Christie's International R.E. Southern California • 949-702-7211

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772