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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 Villa
Features & Amenities
Interior
- General:
- Attic Fan,Balcony,Home Automation System,Pull Down Stairs to Attic,Recessed Lighting,Stone Counters,Wet Bar
- Laundry:
- Laundry Room
- A/C:
- Central Forced Air,Zoned Area(s)
- Heating:
- Zoned Areas,Forced Air Unit
- Fireplace:
- FP in Family Room
Exterior
- Style:
- Custom Built
- Pool:
- Below Ground,Private,Heated Pool,Fenced
- Parking:
- Driveway,Street, Parking spaces: 3
Construction
- General:
- 2 Story
Location
- HOA Amenities:
- 576.0, Quarterly
- Originating MLS:
- California Regional MLS
- County:
- Orange
Lot
- Zoning:
- 46105110
- View:
- Reservoir,City Lights
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
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
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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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