Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
40
Photos
38 Drakes Bay Drive, Corona Del Mar, CA 92625
$7,450,000 Asking Price
$---/mo Est. Payment Get Prequalified »
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 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.
Features & Amenities
Interior
- General:
- Wet Bar,Breakfast Bar,Built-in Features,Balcony,Crown Molding,Separate/Formal Dining Room,High Ceilings,Open Floorplan,Pull Down Attic Stairs,Stone Counters,Recessed Lighting,Smart Home,Wired for Sound,Attic,Bedroom on Main Level,Dressing Area,Primary Suite,Walk-In Closet(s)
- Appliances:
- Barbecue,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood,Self Cleaning Oven
- Laundry:
- Laundry Room,Upper Level
- A/C:
- true, Central Air,Zoned,Attic Fan
- Heating:
- true, Forced Air,Zoned
- Fireplace:
- Family Room, Fireplace
Exterior
- General:
- Heated,In Ground,Private
- Style:
- Custom
- Pool:
- Fenced,Heated,In Ground,Private
- Parking:
- Door-Multi,Direct Access,Driveway,Garage,On Street, Parking spaces: 3
Construction
- Windows:
- Blinds
- General:
- 2
Location
- Road/Access:
- Paved
- HOA Amenities:
- Picnic Area,Playground,Trail(s), 576.0, Quarterly
- Originating MLS:
- CRMLS
- School District:
- Newport Mesa Unified
- County:
- Orange
Lot
- Zoning:
- 46105110
- View:
- City Lights,Reservoir, View
Utilities
- Utilities:
- 220 Volts in Garage
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
This listing courtesy of:
EQTY Forbes Global Properties, 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
Powered by
Ready to get started? Get prequalified »
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.
Similar Homes
-
Listing by Christian Walsh Berkshire Hathaway HomeServices California Properties#PW24194185
-
Listing by John Stanaland DOUGLAS ELLIMAN OF CALIFORNIA, INC.#LG24187055
-
Listing by Paul Daftarian Luxe Real Estate#OC24184198
-
Listing by Kacey Taormina Compass#NP24187651
-
Listing by Paul Daftarian Luxe Real Estate#OC24165796
-
Listing by Ashkon Babaee OpenHome#OC24112275
Interested in this home?
Request more information:
