
48 Drakes Bay Dr Corona Del Mar, CA 92625
Spyglass Hill NeighborhoodHighlights
- Primary Bedroom Suite
- All Bedrooms Downstairs
- Updated Kitchen
- Abraham Lincoln Elementary School Rated A
- Panoramic View
- Main Floor Bedroom
About This Home
Welcome to 48 Drakes Bay—a striking blend of coastal sophistication and modern design, ideally positioned in the heart of Corona del Mar. Spanning approximately 3,850 square feet, this thoughtfully designed residence offers a rare combination of volume, functionality, and refined elegance just moments from the village, award-winning schools, world-class shopping, and pristine beaches. Perched to capture serene city light views, this five-bedroom, four-and-a-half-bathroom home features a highly versatile layout with three bedrooms on the lower level and two on the upper level—perfect for accommodating multi-generational living, guests, or a private office setup. Expansive bi-folding doors along the rear facade create a seamless indoor-outdoor connection, opening to a tranquil patio and allowing natural light to pour into the living spaces. The chef’s kitchen is a true centerpiece, boasting high-gloss white lacquer cabinetry, premium stainless steel appliances, and an oversized island with a custom built-in breakfast nook—ideal for casual dining or gathering with friends and family. Every detail has been thoughtfully curated to support both everyday living and effortless entertaining. Additional highlights include a wide, finished three-car garage with extensive built-in storage, a spacious primary suite retreat, and a location that puts you just minutes from Fashion Island, top-rated restaurants, and the best of Orange County coastal living.
Listing Agent
Luxe Real Estate Brokerage Phone: 949-484-0387 License #01317949 Listed on: 07/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,070
Year Built
- Built in 1976
Lot Details
- 0.25 Acre Lot
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Driveway
Property Views
- Panoramic
- City Lights
- Mountain
- Hills
Home Design
- Turnkey
Interior Spaces
- 3,850 Sq Ft Home
- 2-Story Property
- Formal Entry
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Built-In Range
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- All Bedrooms Down
- Primary Bedroom Suite
- Walk-In Closet
- Makeup or Vanity Space
- Dual Sinks
- Walk-in Shower
Accessible Home Design
- Accessible Parking
Outdoor Features
- Fire Pit
- Rain Gutters
Utilities
- Central Air
- Shared Septic
Listing and Financial Details
- Security Deposit $22,500
- Rent includes association dues, gardener
- 12-Month Minimum Lease Term
- Available 5/30/25
- Tax Lot 15
- Tax Tract Number 7386
- Assessor Parcel Number 46105115
Community Details
Overview
- Property has a Home Owners Association
- Spyglass Hill Custom Subdivision
Pet Policy
- Pets Allowed
- Pet Deposit $1,000
Map
About the Listing Agent

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
Paul's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25117691

APN: 461-051-15