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.
Property Details
Property Features
Property Information:
Year Built: 1961
Stories: 1
Living Area: 3,166 SqFt
Listing Office:
Office Name: Christie's International R.E. Southern California
Office Phone: (949) 702-7211
Listing Agent: Casey Lesher
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: Family Room, Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Harbor, Neighborhood, Ocean
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Driveway, Garage
Lot Features
Lot Information:
Lot Size: 0.86 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: None
Other
Directions Information:
Directions: El Paseo/Seadrift
Price Information
Listing Price Info
Price Summary:
List Price: $11,995,000
Price Per SqFt: $3,789/SqFt
HOA Fees:
Amount: $575
Frequency: Annually
Tax Information:
Annual Amount: $2,352
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Corona Del Mar, CA.
This property is $8.1M more than the Median Sold Price and $2K/SqFt more than other homes in Corona Del Mar, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NP24130191
Listing Office:
Office Name: Christie's International R.E. Southern California
Office Phone: (949) 702-7211
Listing Agent: Casey Lesher
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,352
$188,878
2020
$2,328
$186,942
2019
$2,170
$183,277
2018
$2,171
$179,684
2017
$2,132
$176,161
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Harbor View Elementary School
900 Goldenrod Ave
Distance between this listing and this school0.87 miles
Public District Grades KG-6
8
/10
Lincoln Elementary School
3101 Pacific View Dr
Distance between this listing and this school1.31 miles
Public District Grades KG-6
8
/10
Andersen Elementary School
1900 Port Seabourne Way
Distance between this listing and this school1.83 miles
Public District Grades KG-6
Nearby Schools
8
/10
Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school2.07 miles
Public District Grades 7-8
9
/10
Vista Verde K - 8 School
6 Federation Way
Distance between this listing and this school3.57 miles
Public District Grades KG-8
8
/10
Rancho San Joaquin Middle School
4861 Michelson Dr
Distance between this listing and this school5.79 miles
Public District Grades 7-8
Nearby Schools
8
/10
Corona Del Mar Middle and High School
2101 Eastbluff Dr
Distance between this listing and this school1.82 miles
Public District Grades 7-12
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school2.00 miles
Public District Grades 9-12
10
/10
Early College High School
2990 Mesa Verde Dr E
Distance between this listing and this school3.18 miles
The neighbors living near this home have an average income of $136,328. Most Corona Del Mar, CA residents have annual incomes $200k+. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 525 El Paseo Dr
What is the listing price of this property?
The listing price of 525 El Paseo Dr property is $11,995,000.
What type of property is this?
The property 525 El Paseo Dr is a house located in Corona Del Mar, California, 92625.
Is this property for sale now?
Active Listing: 525 El Paseo Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,352 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 525 El Paseo Dr has 5 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 525 El Paseo Dr is 3,166 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 525 El Paseo Dr is 1961.
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This home is located at 525 El Paseo Dr in Corona Del Mar, CA and zip code 92625 in the Irvine Terrace neighborhood. This 3,166 square foot home, which was built in 1961, sits on a 0.86 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $11,995,000.
In November 2024 more than 2 listings in Corona Del Mar, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. While the average time on the market in November 2024 was 31 days, the median list price was $3,880,000.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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