525 El Paseo Drive

Corona del Mar, CA 92625
$11,995,000
3166 sqft | 5 beds | 3 baths | 0.86 acres | #NP24130191
Courtesy of Christie's International R.E. Southern California

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Description

Discover the unparalleled experience of owning a truly unique, exclusive trophy property, set on the largest lot in the esteemed Irvine Terrace of Corona del Mar. Currently sited on this near-acre lot, is an ultra-cool mid-century modern, 4-bedroom, 5-bathroom residence. The FULLY APPROVED transformative plans reveal a future main house of nearly 10,500 square feet - 6 bedrooms and 9 bathrooms, alongside a separate 770 sq ft guest house with 1 bedroom and 1.5 bathrooms. Curated by renowned designer Cadiz Collaboration, and formulated by the famed Brandon Architects, this home is a poetic expression of conceptual ideas, seamlessly blending organic modern elements to create a stunning architectural masterpiece. These plans embrace the site's full potential while harmonizing with the surrounding community, showcasing an architecturally significant design that is both exquisite and transformative. The innovative layout capitalizes on the expansive lot, with a unique orientation that captures breathtaking views of Catalina throughout the property. Inspired by Nordic and Scandinavian aesthetics, the design intention is warm yet timeless, merging hotel hospitality superior home comforts.The concept of approachable luxury and joy-inspired living is evident throughout. Experience the blend of luxury and thoughtful design in a home that offers a rare chance to own a truly special piece of real estate. This property will be more than just a home; it will be an unparalleled living adventure and a testament to superior design and craftsmanship. FULL VIRTUAL REALITY HEADSET EXPERIENCE AVAILABLE AT THE PROPERTY.
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  • Interior Details
    • Interior Features
      • Interior:AllBedroomsDown
    • Beds & Baths
      • Bedrooms:5
      • Bathrooms:3
      • Full Baths:3
  • Property Details
    • Property
      • View:CityLights, Harbor, Neighborhood, Ocean
      • Stories:1
    • Measurements
      • Acres:0.8573
      • Square Feet:3166
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1961
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Irvine Terrace (IRVT)
    • Location
      • School district:Newport Mesa Unified
      • Elementary School:Harbor View
      • Middle School:Corona Del Mar
      • High School:Corona Del Mar
      • County:Orange
  • Financial Details
    • Pricing Details
      • Original List Price:$13, 500, 000
    • HOA
      • Hoa fees:575
  • Other
    • Source
      • MLS #:NP24130191

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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