
1231 Dolphin Terrace Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated payment $127,397/month
Highlights
- White Water Ocean Views
- Wine Cellar
- Ocean Side of Highway 1
- Abraham Lincoln Elementary School Rated A
- Infinity Pool
- Open Floorplan
About This Home
This unparalleled custom residence in the sought-after Newport Beach enclave of Irvine Terrace delivers the ultimate in contemporary luxury, offering front-row vistas of Newport Harbor, Balboa Island, the Pacific Ocean, and Catalina Island. The inspiring design reflects the talents of architect Carlton Graham, as well as builders Steve Davidson Construction and Tom Waters. Natural elements, reflecting the home’s surroundings, are seamlessly incorporated throughout the two-level floorplan, which features four en suite bedrooms, a total of five full bathrooms, two half bathrooms, and approximately 6,232 square feet of living space. The main level is open and bright, with walls of floor-to-ceiling windows and fold-away glass doors framing panoramic vistas that come to life with passing yachts, sunsets of pure magic, and evening lights that dance across the water below. A great room with a fireplace and dining area, an island kitchen with premium appliances, white oak ceilings, and limestone floors and wall accents enhance the space. The luxe primary suite, located on the main level, is replete with a heated view deck that spans the width of the home, including a built-in BBQ bar. The lower level supplies a fabulous lounge and media room with a full wet bar, an office surrounded by glass doors, and a wine cellar with a full-size beverage refrigerator. Accordion doors lead to a terrace boasting an infinity-edge pool, raised spa, and an outdoor kitchen with a pro grill. Irvine Terrace is moments from Fashion Island’s shopping and dining attractions, the Newport Beach Country Club, and the Newport Harbor Yacht Club
Listing Agent
Christie's International R.E. Southern California Brokerage Phone: 949-702-7047 License #01795953 Listed on: 03/24/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $70,341
Year Built
- Built in 2014
Lot Details
- 0.33 Acre Lot
- Landscaped
HOA Fees
- $60 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
Property Views
- White Water Ocean
- Harbor
- Catalina
- Panoramic
- City Lights
- Bluff
- Neighborhood
Home Design
- Planned Development
Interior Spaces
- 6,232 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Beamed Ceilings
- Skylights
- Recessed Lighting
- Custom Window Coverings
- Sliding Doors
- Wine Cellar
- Living Room with Fireplace
- Living Room with Attached Deck
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Kitchen Island
- Stone Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Separate Shower
Pool
- Infinity Pool
- Spa
Outdoor Features
- Ocean Side of Highway 1
- Fireplace in Patio
- Open Patio
- Outdoor Fireplace
- Fire Pit
- Exterior Lighting
- Outdoor Grill
Schools
- Harbor View Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 2334
- Assessor Parcel Number 05026316
Community Details
Overview
- Irvine Terrace Community Assn Association, Phone Number (800) 428-5588
- First Service Residential HOA
- Built by Steve Davidson Construction & Tom Waters
- Irvine Terrace Subdivision
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $70,341 | $6,647,714 | $3,829,744 | $2,817,970 |
2023 | $68,702 | $6,517,367 | $3,754,651 | $2,762,716 |
2022 | $67,572 | $6,389,576 | $3,681,030 | $2,708,546 |
2021 | $66,273 | $6,264,291 | $3,608,853 | $2,655,438 |
2020 | $65,638 | $6,200,059 | $3,571,849 | $2,628,210 |
2019 | $64,265 | $6,078,490 | $3,501,813 | $2,576,677 |
2018 | $62,979 | $5,959,304 | $3,433,150 | $2,526,154 |
2017 | $61,862 | $5,842,455 | $3,365,833 | $2,476,622 |
2016 | $60,465 | $5,727,898 | $3,299,837 | $2,428,061 |
2015 | $59,901 | $5,641,860 | $3,250,270 | $2,391,590 |
2014 | $58,487 | $5,531,344 | $3,186,601 | $2,344,743 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/24/2025 03/24/25 | For Sale | $21,995,000 | -- | $3,529 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $3,000,000 | California Title | |
Grant Deed | -- | Chicago Title Company | |
Deed In Lieu Of Foreclosure | -- | First American Title Company | |
Grant Deed | $5,060,000 | Alliance Title Company | |
Grant Deed | $2,800,000 | Equity Title | |
Grant Deed | $1,875,000 | United Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $2,708,000 | Purchase Money Mortgage | |
Previous Owner | $7,210,000 | Construction | |
Previous Owner | $750,000 | Unknown | |
Previous Owner | $3,000,000 | Seller Take Back | |
Previous Owner | $3,121,500 | Construction | |
Previous Owner | $5,000,000 | Unknown | |
Previous Owner | $1,500,000 | Purchase Money Mortgage | |
Previous Owner | $1,312,500 | No Value Available | |
Closed | $150,000 | No Value Available |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25064250

APN: 050-263-16
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