REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Marissa Buss & Danny Lampert

marissabussre@gmail.com +1(818) 515-7131

Listed by Rob Smith • Compass

$ 9,950,000

Est. payment | -/mo

5 Beds

3 Baths

3,166 SqFt

Save

$ 9,950,000

Est. payment | -/mo

Save

5 Beds

3 Baths

3,166 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,166 sqft

Price per Sqft $3,142

MLS Listing ID NP-26088576

Bedrooms 5

Full Baths 3

HOA Fees $575

Year Built 1961

Lot Size 0.820 Acres

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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 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 that will take on the best aspects of 5-Star resort. At nearly 11,000 sf of living space, the Main Residence offers up to 5 Bedroom, 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 adjacent 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 can sometimes be an afterthought in the planning process, that is certainly not the case at this residence, with room for 7 - 10 vehicles and boasting the coveted "Bat Cave" entrance at street level. 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.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Zoning R-1

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Garage Spaces 2.0

Pool None

Community Features Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Suburban

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

View Y/N Yes

View Bay, Catalina, City Lights, Harbor, Ocean, Water

Building

Lot Description Corner Lot, Irregular Lot, Lot 20000-39999 Sqft, Tear Down, Up Slope from Street, Value In Land, Bluff

Sewer Public Sewer

Schools

Elementary Schools Harbor View

Middle Schools Corona Del Mar

High Schools Corona Del Mar

Nearby Locations

GET MORE INFORMATION

Marissa Buss & Danny Lampert

Lic# 01770909 | 01834114

marissabussre@gmail.com

+1(818) 515-7131

2475 Townsgate Rd Ste. 160, Westlake Village, CA, 91361

525 El Paseo Drive Corona Del Mar, CA 92625

Marissa Buss & Danny Lampert

Key Details

Location

Interior

Exterior

Building

Schools

Nearby Locations

GET MORE INFORMATION

Go tour this home

525 El Paseo Drive