38 Drakes Bay Drive, Corona Del Mar (newport Beach), CA 92625

$7,450,000 Asking Price

5 beds
5 baths
3,917  sqft
Built in 2024

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 enc

Features & Amenities

Interior

General:
Family Room, Kitchen/Family Combo, Breakfast Bar, Stone Counters, Energy Star Windows Doors
Appliances:
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Gas Water Heater
Laundry:
Laundry Room, Upper Level
A/C:
true, Central Air, Zoned
Heating:
true, Forced Air
Fireplace:
Family Room, Fireplace
Eco/Green Feature:
Attic Fan

Exterior

General:
Other
Style:
Custom
Pool:
In Ground, Spa, Fenced
Parking:
Attached, Int Access From Garage, Other, On Street

Construction

General:
2

Location

HOA Amenities:
Playground, Park, Picnic Area, Trail(s), 576.0, Quarterly
School District:
Newport-Mesa Unified
County:
Orange

Lot

Zoning:
46105110
View:
City Lights, Other

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
EQTY Forbes Global Properties, Patrick Leeke

About Corona del Mar, CA

Housing

Number of Units
6,389
Median Home Value
$1,208,848
Median Rent
$2,070

35.33% of housing units are renter occupied.

12.81% are vacant.

Commute

Car
46.70%
Public Transportation
0.00%
Walk to Work
0.70%
Work from Home
52.46%
Other
0.02%

The median travel time to work is 11 minutes.

People

Population
11,606
Median Age
54.50
Median Household Size
2.35

Education

High School
6.68%
Associate’s Degree
6.04%
Bachelor’s Degree
40.15%
Graduate Degree
31.66%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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