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40
Photos
38 Drakes Bay Drive, Corona Del Mar (newport Beach), CA 92625
$6,997,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
5
baths
3,917
sqft
Built in
2024
Nestled in the highly coveted Spyglass Hill community, this exceptional property presents a rare opportunity to own a newly crafted, thoughtfully designed home that seamlessly blends modern elegance with unparalleled convenience. With five spacious bedrooms and four-and-a-half bathrooms, this residence offers a luxurious lifestyle that caters to both everyday comfort and high-end entertaining. Upon entering through the custom front gate, you’re welcomed into a sophisticated home where no detail has been overlooked. The main level features two expansive living rooms with backlit wine storage, a wet bar, and La Cantina doors that open to a stunning backyard oasis. The chef-inspired kitchen is equipped with top-of-the-line appliances, while the formal dining area offers the perfect setting for elegant meals. A downstairs en suite bedroom with a private patio completes the lower level. Upstairs, the primary suite is a true retreat, featuring a spacious, beautifully appointed bathroom, a large walk-in closet complete with a center island for additional storage, and a private patio that overlooks the serene surroundings. Three additional bedrooms and two bathrooms, along with a large laundry room and ample storage, complete the second floor. Throughout the home, contemporary finishes
Features & Amenities
Interior
- General:
- Family Room, Kitchen/Family Combo, Breakfast Bar, Breakfast Nook, Kitchen Island, Pantry, Energy Star Lighting, Energy Star Windows Doors
- Appliances:
- Dishwasher, Double Oven, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Gas Water Heater, ENERGY STAR Qualified Appliances
- Laundry:
- Dryer, Laundry Room, Washer, Upper Level
- Flooring:
- Wood
- A/C:
- true, Central Air, Zoned, Other, ENERGY STAR Qualified Equipment
- Heating:
- true, Forced Air, Other, Central
- Fireplace:
- Den, Family Room, Gas, Other, Fireplace
- Eco/Green Feature:
- Attic Fan, Insulation - Unknown, Other, Appliances, Doors, Thermostat, Water Heater, Windows
Exterior
- General:
- Backyard, Back Yard, Front Yard, Sprinklers Automatic, Sprinklers Back, Sprinklers Front, Other
- Style:
- Contemporary, Custom
- Pool:
- In Ground, Spa, Fenced
- Parking:
- Attached, Int Access From Garage, Other, Garage Faces Front, On Street, Private
Construction
- Windows:
- Double Pane Windows, Screens
- General:
- 2, Slab
Location
- HOA Amenities:
- Playground, Park, Picnic Area, 685.0, Quarterly
- School District:
- Newport-Mesa Unified
- County:
- Orange
Lot
- Zoning:
- 46105110
- View:
- City Lights, Hills, Other
Utilities
- Utilities:
- Sewer Connected, Cable Available, Natural Gas Connected
- Water:
- Public
- Sewer:
- Public Sewer
This listing courtesy of:
Coldwell Banker Realty, Patrick Leeke
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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