525 El Paseo Drive, Corona Del Mar, CA 92625
Local realty services provided by:CENTURY 21 Adams & Barnes
525 El Paseo Drive,Corona del Mar, CA 92625
$9,950,000
- 5 Beds
- 3 Baths
- 3,166 sq. ft.
- Single family
- Active
Listed by: rob smith
Office: compass949-438-4340
MLS#:NP26088576
Source:CRMLS
Price summary
- Price:$9,950,000
- Price per sq. ft.:$3,142.77
- Monthly HOA dues:$47.92
About this home
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 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 that will take on the best aspects of 5-Star resort. At nearly 11,000 sf of living space, the Main Residence offers up to 5 Bedroom, 7 Baths and 2 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 room for 7 - 10 vehicles and boasting the coveted "Bat Cave" entrance at street level. 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....
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Home facts
- Year built:1961
- Listing ID #:NP26088576
- Added:1 day(s) ago
- Updated:April 30, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,166 sq. ft.
Structure and exterior
- Year built:1961
- Building area:3,166 sq. ft.
- Lot area:0.82 Acres
- Lot Features:Corner Lot, Irregular Lot, Sloped Up, Value In Land
- Levels:1 Story
Schools
- High school:Corona Del Mar
- Middle school:Corona Del Mar
- Elementary school:Harbor View
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$9,950,000
- Price per sq. ft.:$3,142.77
Features and amenities
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:2
- Parking description:On Site, On Street
- Garage:Yes
- Garage spaces:2
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