2495 Ocean Blvd Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated payment $141,417/month
Highlights
- Ocean Front
- Under Construction
- Ocean Side of Highway 1
- Harbor View Elementary School Rated A
- Private Pool
- 4-minute walk to Lookout Point
About This Home
This is a genuine once-in-a-lifetime opportunity to acquire the finest bayfront parcel in Corona del Mar. Set on a sloping bluff cascading down to its private cove, this property affords unequalled panoramic views of the harbor, ocean, Catalina and sunsets from its elevated pad area. Included in the offering are the initial phase of construction improvements (grading, shoring, and extensive new foundation construction). Now the project is ready for a new owner to step in and complete the construction of the spectacular contemporary home of 7,270 square feet that was designed by renowned architect Chris Brandon. From the moment one steps inside the two-story entry hall, the new home when completed will feel as though it is floating above the cove and harbor below. Extraordinary ceiling heights complement spacious rooms in the open plan. Floor-to-ceiling walls of glass bring the out of doors in, making the home at one with its scintillating setting at the water's edge. Several outdoor terraces, an entertaining cabana, elevated infinity pool and private gardens will complete the home. Also included in a massive private dock with accommodations for several water craft. Over ten years in the making, this was an extraordinary undertaking to plan and receive permits to build; permits that would not likely be granted again. The construction, too, required the very best team to bring it to life. With the "difficult" part of the project now complete, a new owner will be able to create the home of their dreams in a relatively short period of time.
Listing Agent
Plus Real Estate Brokerage Phone: 949-933-7046 License #01082750 Listed on: 03/27/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2025 | Under Construction
Lot Details
- 0.38 Acre Lot
- Ocean Front
- Density is up to 1 Unit/Acre
Parking
- 3 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Harbor
- Catalina
- City Lights
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,270 Sq Ft Home
- 3-Story Property
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Pool
- Private Pool
- Spa
Additional Features
- Ocean Side of Highway 1
- Suburban Location
- Cooling Available
Community Details
- No Home Owners Association
- Corona Del Mar South Of Pch Subdivision
Listing and Financial Details
- Tax Lot C,D
- Assessor Parcel Number 05201332
- Seller Considering Concessions
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 |
|---|---|---|---|---|
| 2025 | $118,966 | $11,494,278 | $11,494,278 | -- |
| 2024 | $118,966 | $11,268,900 | $11,268,900 | -- |
| 2023 | $116,196 | $11,047,942 | $11,047,942 | $0 |
| 2022 | $111,710 | $10,586,218 | $10,586,218 | $0 |
| 2021 | $135,200 | $12,815,488 | $10,378,646 | $2,436,842 |
| 2020 | $133,905 | $12,684,081 | $10,272,225 | $2,411,856 |
| 2019 | $131,096 | $12,435,374 | $10,070,809 | $2,364,565 |
| 2018 | $128,470 | $12,191,544 | $9,873,343 | $2,318,201 |
| 2017 | $126,191 | $11,952,495 | $9,679,748 | $2,272,747 |
| 2016 | $123,336 | $11,718,133 | $9,489,949 | $2,228,184 |
| 2015 | $122,188 | $11,542,116 | $9,347,401 | $2,194,715 |
| 2014 | $119,303 | $11,316,022 | $9,164,298 | $2,151,724 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | For Sale | $25,000,000 | -- | $3,439 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Western Resources Title Co | |
| Grant Deed | -- | Ticor Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $13,302,000 | Construction | |
| Closed | $1,000,000 | Adjustable Rate Mortgage/ARM |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25060600
APN: 052-013-32
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