2 Drakes Bay Dr
Corona Del Mar, CA 92625

5 Bd   5 Ba   4,100 Sqft
Perched on Spyglass Hill on a secluded parcel spanning over 0.88 acre, this magnificently expanded and remodeled home is a rare find and a gem in Corona Del Mar! It is perfectly oriented to maximize the breathtaking views of Pacific ocean, Newport Harbor, Catalina Island, Newport Coast Hillsides and city lights from all the major rooms on both floors. Elegant open floor plan boasts 5 bedrooms and 5 bathrooms adorned with custom features throughout. Gracious formal entry foyer flows to the living room with fireplace and adjoining formal dining room. Large family room off the open kitchen offers a fireplace and a wine bar. New gourmet chef's kitchen showcases granite counter tops, top of the line stainless steel appliances and wine refrigerator. There is one bedroom on the main floor. Master bedroom with lavish bathroom boasts a view deck overlooking the Pacific Ocean and the glistening Newport Coast night lights at night. Three additional bedrooms surround a bonus room that opens to the view deck. Enjoy resort style outdoor living in the lush backyard that highlights a diving swimming pool, spa, waterfall, outdoor kitchen and playground. Private gated driveway leads to the motor court, the oversized three car garage and the amazing grounds.
  • Property Type: Single Family
  • MLS#: NP16075980
  • MLS:
  • Listing Office: Surterre Properties Inc.
  • Listed By: Julia Liao
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 5 months ago

Home Features for 2 Drakes Bay Drive , Corona Del Mar

Year Built: 1976
Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
Property SubType: Single Family Residence
Lot Size Acres: 0.88
Lot Size Square Feet: 38550
Lot Size Units: Square Feet
Lot Size Area: 38550
Price Per Square Foot: 798.78
Tax Lot: 85
Tax Tract Number: 7844
Parcel Number: 46103218
Virtual Tour: External Link
Special Listing Conditions: Standard
Standard Status: Closed
Association Fee Frequency: Quarterly
Association Fee: 400

Compare Similar Homes for 2 Drakes Bay Drive, Corona Del Mar

Price estimate is $3,911,400 based on the following nearby homes which average $954/Sqft
You can refine the estimate by removing homes that are not similar
This estimate is based on the average price per square foot value of the homes in the displayed below. Movoto intended this estimate as a useful starting point to help you price this home. This is not a professional appraisal, to get one contact one of Movoto’s licensed Real Estate Agents for a comprehensive evaluation.
A 0.25 mi
Undisclosed
  • $2,795,000
  • For Sale

    62 days

  • 5 Bd
  • 4 Ba
  • 3,652 Sqft
  • $765 /Sqft
  • 12,069 Sqft Lot
  • Built 1995
B 0.53 mi
7 Torrey Pine Dr
  • $3,678,888
  • Price Reduced

    69 days

  • 4 Bd
  • 4 Ba
  • 3,868 Sqft
  • $951 /Sqft
  • 12,000 Sqft Lot
  • Built 1996
C 0.60 mi
12 Mission Bay Dr
  • $2,549,500
  • For Sale

    24 days

  • 5 Bd
  • 3 Ba
  • 3,264 Sqft
  • $781 /Sqft
  • 8,950 Sqft Lot
  • Built 1972
D 0.64 mi
2 Little River Cir
  • $3,988,000
  • For Sale

    58 days

  • 5 Bd
  • 4 Ba
  • 3,029 Sqft
  • $1,317 /Sqft
  • 11,800 Sqft Lot
  • Built 1972
YOU
ARE
HERE
2 Drakes Bay Dr
  • $3,275,000
  • Sold

    277 days

  • 5 Bd
  • 5 Ba
  • 4,100 Sqft
  • $799 /Sqft
  • 38,550 Sqft Lot
  • Built 1976
Talk to Movoto About Selling
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Property History for 2 Drakes Bay Drive, Corona Del Mar

Status
Date
Price
Sold
Jan 13, 2017
$3,275,000
#NP16075980
Sold
Jan 12, 2017
$3,275,000
#NP16075980
Expired
Dec 2, 2016
#NP16075980
Pending
Sep 17, 2016
#NP16075980
Pending
Sep 17, 2016
#NP16075980
Listed
Aug 16, 2016
Active Under Contract
Jul 14, 2016
Price Change
Jun 22, 2016
$3,399,950
Price Change
Jun 7, 2016
$3,470,000
Listed
May 16, 2016
Backup Offer
May 5, 2016
#NP16075980
Listed
Apr 10, 2016
$3,399,950
#NP16075980
Listed
Apr 10, 2016
$3,495,000
#NP16075980
Expired
Oct 1, 2015
Price Change
Sep 9, 2015
$3,345,000
Price Change
Aug 26, 2015
$3,395,000
Price Change
Aug 17, 2015
$3,425,000
Listed
Aug 1, 2015
$3,475,000
#LG15169257
Canceled
Jul 30, 2015
Price Change
Jul 11, 2015
$3,495,000
Price Change
Jun 22, 2015
$3,595,000
Listed
Jun 5, 2015
$3,690,000
#OC15121540
Expired
Nov 3, 2014
#OC14203067
Canceled
Sep 19, 2014
#OC14070218
Listed
Sep 19, 2014
$3,550,000
#OC14203067
Listed
Aug 5, 2014
$3,690,000
Listed
Apr 3, 2014
$3,690,000
#OC14070218
Expired
Feb 8, 2012
#U11003399
Canceled
Aug 8, 2011
#U11002546
Listed
Aug 8, 2011
$2,995,000
#U11003399
Listed
Jun 13, 2011
$3,250,000
#U11002546
Expired
Apr 22, 2003
Listed
Nov 5, 2002
$1,699,500
#U02049867
Expired
Oct 12, 2002
Listed
Apr 14, 2002
$1,675,000
#S278188

Real Estate Market Statistics for 2 Drakes Bay Drive, Corona Del Mar

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$3.27M

2 Drakes Bay Drive

$3M

Spyglass

0% y/y

Spyglass

$2.62M

92625

0% y/y

92625

$2.6M

Corona Del Mar

0% y/y

Corona Del Mar

See all trends for Corona Del Mar
As of today, there are 126 properties listed for sale in ZIP code 92625 and 127 properties listed for sale in the city of Corona Del Mar, CA. This property at 2 Drakes Bay Dr in 92625 was last listed for $3,275,000. This is 26% above the current $2,600,000 median price for Corona Del Mar and 25% above the median of $2,624,500 for 92625. Of the 127 properties for sale in Corona Del Mar, 78 are single family homes and 49 are condos. 2 Drakes Bay Dr is a single family home that is approximately 4,100 square feet, 71% above the Corona Del Mar median of 2,399 and 72% above the 92625 ZIP code median of 2,383. The price per square foot was $799 which is 31% below the current median price in 92625 of $1,155 and 30% below the Corona Del Mar median of $1,149 per Sqft.
Built in 1976, this 5-bedroom, 5-bathroom single family house at 2 Drakes Bay Dr, Corona Del Mar CA, 92625 is approximately 4,100 square feet and comes with 3 parking spots. It was last listed with a cost per Sqft of $799. Homeowners association fees total $133 per month. 2 Drakes Bay Dr is located in the Spyglass neighborhood in the Newport-Mesa Unified School District. The closest school is Abraham Lincoln Elementary School.

2 Drakes Bay Dr, Corona Del Mar CA, 92625 was on the market for 277 days. The median days on the market for properties in this area is 79 with a median list price of $2,600,000 and median cost per square foot of $1,149. Its current status is sold under the MLS #NP16075980.

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