2 Drakes Bay Dr
Corona Del Mar, CA 92625

5 Bd   5 Ba   4,100 Sqft   277 Days
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.
  • MLS#NP16075980 provided by Julia Liao of Surterre Properties Inc.
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 8 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
Interior
Bathrooms (Full and Three Quarters): 4
Bathrooms Three Quarter: 1
Bathrooms Total: 5
Full Bathrooms: 3
Half Bathrooms: 1
Bedrooms Total: 5
Interior Features: Attic Fan, Bar, Balcony, Bathtub, Ceiling Fan, Crown Moldings, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Shower, Shower In Tub, Storage Space, Stone Counters, Wired For Sound, Vacuum Central, Wet Bar
Living Area: 4100
Exterior
Levels: Two
Entry Location: Ground Level No Steps
Foundation Details: Slab
Common Walls: No Common Walls
Architectural Style: See Remarks
Roof: Composition
Parking Features: Driveway - Concrete, Driveway, Garage - Front Entry, Direct Garage Access, Garage, Garage Door Opener
Attached Garage Y/N: 1
Parking Total: 3
Garage Spaces: 3
Amenities / Utilities
Fireplace Y/N: 1
Fireplace Features: Decorative, Family Room, Gas, Great Room, Raised Hearth, Living Room, Master Bedroom, Wood
Appliances: Built In Range, Double Oven, Dishwasher, Garbage Disposal, Gas Oven, Gas Range, Gas Stove, Gas Water Heater, Range/Stove Hood, Microwave, Refrigerator, Vented Exhaust Fan, Water Softener
Community Features: Sidewalks, Street Lighting, Suburban
Association Amenities: Dues Paid Quarterly, Playground
Spa Y/N: 1
Pool Private Y/N: 1
Location
View Y/N: 1
View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
Road Frontage Type: City Street
Road Surface Type: Paved
Subdivision Name Other: Spyglass Hill (SPYH)
Subdivision Name: Spyglass Hill (SPYH)
Middle Or Junior School: Corona Del Mar
High School: Corona Del Mar
High School District: Newport Mesa Unified
Elementary School2: Lincoln
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Compare Similar Homes for 2 Drakes Bay Drive, Corona Del Mar

Price estimate is $4,378,800 based on the following nearby homes for sale which average $1,068/Sqft
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
You can refine the estimate by removing homes that are not similar
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  • $3,489,000
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D 0.66 mi
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  • $2,899,000
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YOU
ARE
HERE
2 Drakes Bay Dr
  • $3,275,000
  • Sold

    277 days

  • 5 Bd
  • 5 Ba
  • 4,100 Sqft
  • $799/Sqft
  • 0.88 Acres Lot
  • Built 1976

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 2, 2015
#LG15169257
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
#LG15169257
Listed
Aug 1, 2015
$3,345,000
#LG15169257
Listed
Aug 1, 2015
$3,475,000
#LG15169257
Cancelled
Jul 30, 2015
#OC15121540
Canceled
Jul 30, 2015
Price Change
Jul 11, 2015
$3,495,000
Price Change
Jun 22, 2015
$3,595,000
#OC15121540
Listed
Jun 5, 2015
$3,495,000
#OC15121540
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

No data!
Spyglass
Corona Del Mar
92625
2 Drakes Bay Drive
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$3.4M

2 Drakes Bay Drive

$650K

Spyglass

-4% y/y

Spyglass

$2.92M

92625

0% y/y

92625

$2.92M

Corona Del Mar

0% y/y

Corona Del Mar

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Refinance Rates for 2 Drakes Bay Drive, Corona Del Mar

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As of today, there are 96 properties listed for sale in ZIP code 92625 and 96 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 12% above the current $2,922,500 median price for Corona Del Mar and 12% above the median of $2,922,500 for 92625. Of the 96 properties for sale in Corona Del Mar, 58 are single family homes and 38 are condos. 2 Drakes Bay Dr is a single family home that is approximately 4,100 Sqft, 52% above the Corona Del Mar median of 2,700 and 52% above the 92625 ZIP code median of 2,700. The price per Sqft was $799 which is 34% below the current median price in 92625 of $1,209 and 34% below the Corona Del Mar median of $1,209 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 $3,275,000 with a cost per Sqft of 4378800. 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 83 with a median list price of $2,922,500 and median cost per square foot of $1,209. Its current status is sold under the MLS #NP16075980.

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