$34,995,000
OPEN THU 11AM - 2PM NEW CONSTRUCTION $3M PRICE DROP

Estimated payment $195,465/month

Total Views 256,200
5 Beds
8 Baths
10,255 Sq Ft
$3,412 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Home Theater
  • In Ground Pool
  • Abraham Lincoln Elementary School Rated A
  • New Construction
  • Primary Bedroom Suite

About This Home

1119 Dolphin Terrace, a generational trophy property designed by Christopher Brandon showcases exceptional modern design and architectural excellence located in the heart of Corona Del Mar's coveted Irvine Terrace community. This meticulously crafted estate, taking six years to reach completion, spans approximately 10,200 sqft of pure luxury on a uniquely deep and expansive lot. This remarkable property boasts 5 bedrooms, including 2 primary bedrooms, and 8 baths, offering unparalleled comfort and sophistication. The interiors feature massive scale and soaring ceiling heights, creating a sense of grandeur that defines Southern California coastal living at its finest. Entertain with ease in the expansive living spaces, highlighted by a media wall with a jaw-dropping 219" LCD TV wall, a well-equipped bar + glass cellar, and two kitchens for culinary enthusiasts. Motorized pocket doors seamlessly blend indoor and outdoor living, leading to a spectacular 65' lap pool that invites you to relax and unwind while enjoying breathtaking ocean, jetty, Balboa, and coastline views. For those who prioritize health and wellness, the property includes a spacious wellness center offering full-size gym, sauna, steam room, and meditation area, ensuring a holistic approach to your total well-being. The attention to detail is evident throughout, making this estate one of the most captivating and exciting properties to ever be publicly offered for sale in Corona Del Mar. Additional features enhance the allure of 1119 Dolphin Terrace, such as its proximity to the Newport Beach Country Club and Fashion Island, placing world-class amenities at your doorstep. Enjoy the convenience of walking to Balboa Island and relish the central location within Newport Beach, providing easy access to the best that Southern California has to offer. This is not just a residence; it's a lifestyle statement, a testament to luxury living in one of the most desirable locations on the West Coast. Seize the opportunity to own a landmark property that transcends the ordinary, a true embodiment of Southern California's finest. Welcome home to 1119 Dolphin Terrace, where every detail reflects a commitment to unparalleled quality and refinement.

Listing Agent

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 04/29/2025

Co-Listing Agent

Joe Poppingo

Luxe Real Estate License #02055583

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,467

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.41 Acre Lot
  • Stone Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 10,255 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Two Story Ceilings
  • Recessed Lighting
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Home Theater
  • Home Office
  • Game Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Sump Pump
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 8 Full Bathrooms
  • Heated Floor in Bathroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • Private Water Source
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1700
  • Assessor Parcel Number 05026302
  • $380 per year additional tax assessments

Community Details

Overview

  • Irvine Terrace Community Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Irvine Terrace Subdivision

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,467

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Paul Daftarian
  • Other Phone Number: 714.865.5969
  • Property Attached: No
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05026302
  • Year Built: 2023
  • Special Features: 259

Interior Features

  • Fireplace: Yes
  • Living Area: 10255.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Elevator, High Ceilings, Home Automation System, In-Law Floorplan, Open Floorplan, Pantry, Recessed Lighting, Storage, Sump Pump, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Primary Bedroom, Fire Pit, Great Room
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3412.48
  • Room Type: Entry, Family Room, Foyer, Game Room, Great Room, Kitchen, Laundry, Primary Suite, Media Room, Office, Two Primaries, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Heated Floor
  • Room Kitchen Features: Built-In Trash/Recycling, Butler's Pantry, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Stone
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Heater
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Sport Court, Management
  • Association Fee: 60.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Terrace Community Association
  • Phone: 800.428.5588
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18009.00
  • Lot Size Acres: 0.4134

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18009.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 1
  • Tax Tract Number: 1700
  • TaxOtherAnnualAssessmentAmount: 380.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $107,467 $10,379,612 $6,780,590 $3,599,022
2024 $107,467 $10,176,091 $6,647,638 $3,528,453
2023 $99,864 $9,490,046 $6,517,293 $2,972,753
2022 $84,047 $7,956,017 $6,389,503 $1,566,514
2021 $78,913 $7,465,680 $6,264,219 $1,201,461
2020 $65,637 $6,199,988 $6,199,988 $0
2019 $65,988 $6,242,400 $6,078,420 $163,980
2018 $14,835 $1,377,819 $1,219,947 $157,872
2017 $14,573 $1,350,803 $1,196,026 $154,777
2016 $14,247 $1,324,317 $1,172,574 $151,743
2015 $14,112 $1,304,425 $1,154,961 $149,464
2014 $13,780 $1,278,874 $1,132,337 $146,537
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $34,995,000 -6.7% $3,412 / Sq Ft
04/29/2025 04/29/25 For Sale $37,500,000 0.0% $3,657 / Sq Ft
05/13/2024 05/13/24 For Rent $200,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,120,000 Fntg Builder Svcs
Gift Deed -- --
Grant Deed -- American Title Co
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $600,000 Credit Line Revolving
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Paul Daftarian

Luxe Real Estate

(949) 617-0479

Section Image

Paul Daftarian, co-founder, and principal of the Daftarian Group has forged a sterling reputation for luxury real estate sales representation throughout Southern California over a career that spans more than fifteen years. An agent of choice for discerning clients – ranging from first-time buyers to sophisticated investors – Paul is known for his extensive expertise and six-star service. Today, Paul focuses his practice on the most exclusive enclaves in coastal orange county.

Beyond

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  • 504 Hazel Dr, Corona Del Mar, CA 92625

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  • 251 Driftwood Rd, Corona Del Mar, CA 92625

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25094109

California Regional Multiple Listing Service (CRMLS)

APN: 050-263-02