525 El Paseo Drive

Corona del Mar, CA 92625

$11,995,000
Price
5
Beds
3
Baths
3,166 Sq. Ft.
$3,789 / Sq. Ft.
3,166
Sq. Ft.
$3,789
per Sq. Ft.

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...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.
  1. Listed by Casey Lesher • DRE #01795953 • Brokerage DRE #01527644 • Christie's International R.E. Southern California • 949-702-7211

Property Details for 525 El Paseo Drive

View
City Lights, Harbor, Neighborhood, Ocean
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
1.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
3166
LISTING UPDATED: 12/01/2024 08:42 AM

Property Details for 525 El Paseo Drive

StatusActive
MLS #NP24130191
Days on Market174
Taxes-
HOA Fees$575
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1961
Lot Size0.86 AC / 37,346 SF
CountyOrange County

Building Information for 525 El Paseo Drive

Stories1Year Built1961Building Size-Lot Size0.86 AC / 37,346 SF

Property Information for 525 El Paseo Drive

Income / Expense / Tax Details
Income Details
  • 433a Certified: No
Tax / Assessment Info
  • Tax Tract Number: 1701
  • Tax Census Tract: 627.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 94
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
  • Complex Name: Irvine Terrace Community Association
  • Association Name: Irvine Terrace Community Association
  • Association Phone: 800-428-5588
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: Family Room, Living Room
  • Fireplace Rooms: Family Room, Living Room
  • Fireplace: FP in Family Room, FP in Living Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: 1
  • Structure Type: House
  • View Description: City Lights, Harbor, Ocean
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Lot 20000-39999 Sqft
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 2
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Driveway, Garage
Property / Structure Info
  • Builders Tract Name: Irvine Terrace
  • Builders Tract Code: Irvine Terrace (IRVT)
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 525 El Paseo 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 525 El Paseo Drive

Taxable ValueLand$7,591,925Additions$211,075Total$7,803,000
Tax Record2024$82,497 ($6,875 / month)
Home Facts
Beds5Baths3Total Finished SqFt3,166 SqFtAbove Grade Finished SqFt3,166 SqFtStories1Lot Size35,700 SqFtStyleSingle Family ResidenceYear Built1961CountyORANGEAPN050-291-27

Schools near 525 El Paseo 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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525 El Paseo Drive is a single family home for sale in Corona del Mar, CA 92625. This property was listed for sale on June 26, 2024 by Christie's International R.E. Southern California, it's currently listed at $11,995,000. It has been on the market for a total of 174 days and was last sold on November 3, 2021. 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. 525 El Paseo Drive is a 5-bed, 3-bath, 3,166 sqft single family home built in 1961.

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 Christie's International R.E. Southern California, Casey Lesher, DRE #01795953

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.