J
Seller's Agent in 2023
Jennifer Drews
Compass
3516 Ocean Blvd Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated Value: $5,748,000 - $13,847,199
7
Beds
5.5
Baths
6,152
Sq Ft
$1,578/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Fishing
- Attic
- Harbor View Elementary School Rated A
- Primary Bedroom Suite
- Great Room
About This Home
As of August 20233516 Ocean Blvd is on the market for the first time in 50+ years making it an even more exclusive opportunity. It’s rare to find a property with so much potential in such a prime location. Sitting across from Inspiration Point, the original subdivision map shows this site as two side-by-side lots which adds to its potential for customization.
The existing 6,000+ square-foot home is a unique property, with its magnificent patios, and multiple bedrooms; featuring a one-of-a-kind stained-glass window that adds to the home’s charm and character.
With 180-degree views of the ocean, Catalina Island, Big Corona, and Newport Bay, this property offers breathtaking scenery that is hard to find anywhere else. The over 10,000 square-foot lot also allows the opportunity to build a custom home that truly captures the essence of the Corona del Mar Village life.
Overall, this property is a distinctive and remarkable opportunity for someone who wants to work with the existing structure or build their forever custom home in an unbeatable location with unparalleled views.
Last Agent to Sell the Property
Jennifer Drews
Compass License #02073327 Listed on: 03/16/2023
Last Buyer's Agent
Timothy Tamura
VALIA Properties License #01305097
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $126,659
Year Built
- Built in 1945
Lot Details
- 10,114 Sq Ft Lot
- Lot Dimensions are 156 x 64
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Property Views
- White Water Ocean
- Coastline
- Harbor
- Catalina
- Panoramic
- City Lights
Interior Spaces
- 6,152 Sq Ft Home
- Gas Fireplace
- Formal Entry
- Great Room
- Living Room with Fireplace
- Den
- Library
- Attic
Kitchen
- Walk-In Pantry
- Gas Range
- Free-Standing Range
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Accessible Parking
- Balcony
Listing and Financial Details
- Legal Lot and Block 3,4 / 141
- Tax Tract Number 7001
- Assessor Parcel Number 05214208
Community Details
Overview
- No Home Owners Association
- Corona Del Mar South Of Pch Subdivision
Recreation
- Fishing
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2023
Closed on
Jun 22, 2023
Sold by
Drews Family Trust
Bought by
Goodwin Daryl
Seller's Agent
Jennifer Drews
Compass
Buyer's Agent
Timothy Tamura
VALIA Properties
List Price
$12,780,000
Sold Price
$12,000,000
Premium/Discount to List
-$780,000
-6.1%
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,291,934
Avg. Annual Appreciation
-9.78%
Purchase Details
Closed on
Aug 10, 2021
Sold by
Carl Drews Elmer
Bought by
Drews Family Trust
Purchase Details
Closed on
Apr 19, 2000
Sold by
Drews Elmer C and Drews Elizabeth B
Bought by
Drews Elmer C and Drews Elizabeth L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,915
Interest Rate
8.24%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodwin Daryl | $12,000,000 | California Title Company | |
| Drews Family Trust | -- | -- | |
| Drews Elmer C | -- | North American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Drews Elmer C | $100,000 | |
| Previous Owner | Drews Elmer C | $31,915 | |
| Previous Owner | Drews Elmer C | $200,000 | |
| Closed | Drews Elmer C | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $12,000,000 | -6.1% | $1,951 / Sq Ft |
| 05/23/2023 05/23/23 | For Sale | $12,780,000 | +6.5% | $2,077 / Sq Ft |
| 05/20/2023 05/20/23 | Off Market | $12,000,000 | -- | -- |
| 05/20/2023 05/20/23 | Pending | -- | -- | -- |
| 03/16/2023 03/16/23 | For Sale | $12,780,000 | -- | $2,077 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $126,659 | $11,570,789 | $11,570,789 | -- |
| 2024 | $126,659 | $12,000,000 | $11,343,911 | $656,089 |
| 2023 | $100,082 | $10,500,000 | $9,879,872 | $620,128 |
| 2022 | $5,966 | $539,156 | $241,018 | $298,138 |
| 2021 | $5,852 | $528,585 | $236,292 | $292,293 |
| 2020 | $5,795 | $523,166 | $233,870 | $289,296 |
| 2019 | $5,679 | $512,908 | $229,284 | $283,624 |
| 2018 | $5,567 | $502,851 | $224,788 | $278,063 |
| 2017 | $5,468 | $492,992 | $220,381 | $272,611 |
| 2016 | $5,347 | $483,326 | $216,060 | $267,266 |
| 2015 | $5,293 | $476,066 | $212,814 | $263,252 |
| 2014 | $5,168 | $466,741 | $208,645 | $258,096 |
Source: Public Records
Agents Affiliated with this Home
-
-
Mariana Donahue
Seller Co-Listing Agent in 2023
Mariana Donahue
Compass
(949) 395-8899
1 in this area
21 Total Sales
-
T
Buyer's Agent in 2023
Timothy Tamura
VALIA Properties
-
Steven Sergi
Buyer Co-Listing Agent in 2023
Steven Sergi
VALIA Properties
(949) 673-0789
27 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23035157
APN: 052-142-08
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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