38 Drakes Bay Drive

Corona del Mar, CA 92625

$7,450,000
Price
5
Beds
4
Baths
1
1/2 Bath
3,917 Sq. Ft.
$1,902 / Sq. Ft.
3,917
Sq. Ft.
$1,902
per Sq. Ft.

Description

Welcome to this exquisite new construction home in the prestigious Spyglass Hill of Corona Del Mar. This meticulously crafted residence is a showcase of designer finishes and modern elegance, offering an unparalleled living experience. As you step inside, you'll be greeted by the seamless flow of high-end custom wallpapering and elegant designer touches that define this expansive 5-bedroom, 4.5-bath home. The open-concept living areas are perfect for both grand entertaining and intimate gatherings,...Welcome to this exquisite new construction home in the prestigious Spyglass Hill of Corona Del Mar. This meticulously crafted residence is a showcase of designer finishes and modern elegance, offering an unparalleled living experience. As you step inside, you'll be greeted by the seamless flow of high-end custom wallpapering and elegant designer touches that define this expansive 5-bedroom, 4.5-bath home. The open-concept living areas are perfect for both grand entertaining and intimate gatherings, with each space thoughtfully curated for luxury and comfort. The indoor-outdoor living experience is exceptional, featuring a stunning space with a sparkling private pool and elegant water features. Relax in the spa or enjoy al fresco dining at the gourmet outdoor kitchen. Motorized rain-sensing patio covers ensure year-round enjoyment, while breathtaking city light views provide a beautiful backdrop to your oasis. Additional highlights include a sophisticated built-in wine storage area, a 3-car garage with an EV charger, and advanced smart home technology operated by Control4, which includes audio/video security for your convenience and peace of mind. The home also features dual-zoned climate control, allowing for customized comfort throughout the residence. A custom security gate encloses a private front entry courtyard, creating an inviting and secure entrance. The home is also equipped with solar panels, enhancing its energy efficiency and sustainability. Perfectly situated, this property is just a short drive from the beautiful beaches of Corona Del Mar and the vibrant Village, known for its excellent shops and dining options. The family-friendly neighborhood of Spyglass Hill is also known for its delightful playgrounds and parks, making it an ideal community for families. This exceptional home is a rare find in one of Corona Del Mar’s most sought-after neighborhoods, combining luxury living with a welcoming and vibrant community.
  1. Listed by Patrick Leeke • DRE #02128471 • Brokerage DRE #02187306 • EQTY Forbes Global Properties • 949-375-3764

Property Details for 38 Drakes Bay Drive

Architectural Style
Custom Built
View
City Lights, Reservoir
Parking Spaces Total
3
Private Pool
Yes
Cooling Type
Central Forced Air, Zoned Area(s)
Total Units
1.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 10/22/2024 12:08 PM

Property Details for 38 Drakes Bay Drive

StatusActive
MLS #NP24175737
Days on Market42
Taxes-
HOA Fees$576 / quarter
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2024
Lot Size0.28 AC / 12,403 SF
CountyOrange County

Building Information for 38 Drakes Bay Drive

Stories2Year Built2024Building Size-Lot Size0.28 AC / 12,403 SF

Property Information for 38 Drakes Bay Drive

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 7386
  • Tax Census Tract: 626.45
  • CFD/Mello-Roos Fee: $380
  • Tax Lot: 10
Community / Development
Community / Development
  • Association Amenities: Picnic Area, Playground, Biking Trails, Hiking Trails
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains
  • Complex Name: Spyglass Hills Community Association
  • Association Name: Spyglass Hills Community Association
  • Association Phone: 714-634-0611
Property / Structure Info
Interior Features
  • Appliances: Barbecue, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven
  • Equipment: Dishwasher, Disposal, Microwave, Refrigerator, Gas Oven, Gas Stove, Self Cleaning Oven, Barbecue, Gas Range
  • Interior Features: Attic Fan, Balcony, Built-in Features, Crown Molding, High Ceilings, Home Automation System, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Wet Bar, Wired for Sound
  • Room Type: Attic, Center Hall, Dressing Area, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Walk-In Closet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: Dressing Area, Main Floor Bedroom, WalkInCloset
  • Room Kitchen Features: Built-in Trash/Recycling, Kitchen Open to Family Room, Stone Counters
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Laundry Location: Laundry Room
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Fireplace: FP in Family Room
  • Cooling: Central Air, Zoned
  • Heating Type: Forced Air, Zoned
  • Heating: Forced Air, Zoned
  • Heat Equipment: Zoned Areas, Forced Air Unit
Exterior Features
  • Door Features: ENERGY STAR Qualified Doors
  • Window Features: Blinds
  • Security Features: Closed Circuit Camera(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • Security: Security System, Wired for Alarm System, Fire/Smoke Detection Sys
  • Entry Location: 1
  • Structure Type: House
  • Miscellaneous: Gutters, Storm Drains
  • View Description: City Lights, Reservoir
  • Patio: Yes
  • Patio: Stone/Tile, Patio
  • Patio And Porch Features: Patio, Front Porch, Rear Porch, Stone
  • Pool Features: Private, Fenced, Heated, In Ground
  • Pool Description: Fenced, Heated, In Ground, Private
  • Pool: Below Ground, Private, Heated, Fenced
  • Spa Features: Private, Heated, In Ground
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Park Nearby, Sprinkler System
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Electric: 220 Volts in Garage
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage: Direct Entrance, Driveway, Garage, Garage - 3 Car, On street
  • Parking Non-Garage: Driveway, Street
  • Parking Garage Spaces: 3
  • Parking Garage: Direct Garage Access, Garage, Garage - Three Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage - Three Door, Street
Property / Structure Info
  • Builders Tract Name: Spyglass Hill Custom
  • Builders Tract Code: Spyglass Hill Custom (SPYC)
  • Architectural Style: Custom Built
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 38 Drakes Bay Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38 Drakes Bay Drive

Taxable ValueLand$2,150,768Additions$275,484Total$2,426,252
Tax Record2024$25,234 ($2,103 / month)
Home Facts
Beds5Baths3Total Finished SqFt3,182 SqFtAbove Grade Finished SqFt3,182 SqFtStories2Lot Size12,403 SqFtStyleSingle Family ResidenceYear Built1976CountyORANGEAPN461-051-10

Schools near 38 Drakes Bay Drive

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - K to 12
Public - 9 to 12
Rating
School
Distance
Abraham Lincoln Elementary School
PublicK to 6

Corona Del Mar High School
Public7 to 12

Monte Vista High School
PublicK to 12

Back Bay High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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38 Drakes Bay Drive is a single family home for sale in Corona del Mar, CA 92625. This property was listed for sale on September 11, 2024 by EQTY Forbes Global Properties, it's currently listed at $7,450,000. It has been on the market for a total of 42 days and was last sold on July 27, 2017. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Abraham Lincoln Elementary School, Corona Del Mar High School and Monte Vista High School. 38 Drakes Bay Drive is a 5-bed, 4.5-bath, 3,917 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EQTY Forbes Global Properties, Patrick Leeke, DRE #02128471

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.