525 El Paseo Drive, Corona Del Mar, California image 1
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525 El Paseo Drive

Corona Del Mar, CA 92625
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$9,950,000 $41,949/Mo
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SqFt35,700

Sqft(Lot)

DEVELOPMENT OPPORTUNITY WITH PERMITTED PLANS on, by far, the largest lot in the sought-after enclave of Irvine Terrace at well over 4/5 of an Acre. Come explore the potential of this significant Contemporary architectural design by Brandon Architects that takes full advantage of the large and unique building site, making it possible for the creation of a private residence with some modern elements, while still maintaining warmth and texture throughout. By maximizing views and indoor-outdoor connections, this property will take on the best aspects of 5-Star resort. At nearly 11,000 sf of living space, the Main Residence offers up to 7 Bedrooms, 7 Baths and 2 Powder Rooms, in addition to many other expected and appreciated rooms and spaces, including an ocean view Great Room with Bar adjacen t to a Gourmet "Show" Kitchen and sequestered Chef's "Dirty" Kitchen. As one would expect, the design also includes a generous allocation of space for entertaining by way of a luxurious Lounge area, complete with Bar, Wine Room and Tasting Area, a Table Games area and Media Room. If you would prefer a workout, the design allows for a significant Home Gym with Bath and Sauna. While the Interior plan is impressive on its own, the proposed Exterior amenities solidify the design as an A+. Of note: Pool and Spa with Baja Shelf and Sunken Fire Pit, Outdoor Kitchen with Sit-At Bar, several outdoor Dining and Lounge areas, Bocce Ball Court, Grassy Lawn, Sauna and Pool Bath. But if all of this is not enough, the design also calls for a very private 770 sf 1-Bedroom Guest House out on the tip of the lot that will be an absolute hit with overnight and long-term visitors. And while the Garage are can sometimes be an afterthought in the planning process, that is certainly not the case at this residence, with garaging for 5 vehicles and additional off-street parking for several more vehicles in the Gated Motor Court. And we can't forget to mention the Views of the Pacific Ocean, Newport Harbor, Catalina Island, and City Lights, and being in close proximity to Balboa Island, Beaches, Private Golf, Tennis & Yacht Clubs, Fashion Island/Newport Center and the heart of Corona del Mar. Once completed, this home is destined to become legendary.

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Detail Ic Property Details

Property Type : Land

Price : $9,950,000

AD Id : 77818586

MLS Id : NP26092209

Lot Size : 35,700 Sqft(Lot)

County : Orange

Subdivision: Miami Land & Dev Cos Sub

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  • Lot Information

    Main Square Feet: 35700 Lot Size Acres: 0.8196 Lot Size Source: Public Records Lot Size Square Feet: 35,700 Lot Description: Bluff,Corner Lot,Irregular Lot,Sloped Up,Tear Down,Value In Land

    Property Information

    Subdivision: Irvine Terrace (IRVT) Source Property Type: Land

  • Listing Price Information

    Listing Price: $9950000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 05029127 Tax Lot: 94

  • Homeowners Association Information

    Has Association: Yes
    HOA: $575.00
    Community Features: Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks

  • Utility Information

    Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

  • Location Information

    Direction: Bayside Drive to El Paseo WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/14/2026 @ 15:14

MLS: NP26092209 LISTED BY: Rob Smith, Compass 949-438-4340 SOURCE: CRMLS

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