525 El Paseo Drive, Corona Del Mar

$9,950,000

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5

Beds

3

Baths

3,166

Square feet

0.82

Acres

Listing Agent
Rob Smith - Compass

About 525 El Paseo Drive

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 3 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 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.

Features of 525 El Paseo Drive

MLS® # NP26088576
Price $9,950,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 3,166
Acres 0.82
Year Built 1961
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 525 El Paseo Drive
Area CS - Corona Del Mar - Spyglass
Subdivision Irvine Terrace (IRVT)
City Corona Del Mar
County Orange
Zip Code 92625

Amenities

Amenities Sport Court, Picnic Area, Playground, Tennis Court(s)
Utilities Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cable Not Available
Parking Spaces 2
Parking On Site, On Street
# of Garages 2
Garages On Site, On Street
View Bay, Catalina, City Lights, Neighborhood, Ocean, Water, Harbor
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Features All Bedrooms Down
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Lot Description Bluff, Corner Lot, Irregular Lot, Sloped Up, Tear Down, Value In Land

School Information

District Newport Mesa Unified
Elementary Harbor View
Middle Corona Del Mar
High Corona Del Mar

Additional Information

Date Listed April 28th, 2026
Days on Market 75
Zoning R-1
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 575
HOA Fees Freq. Annually
Leased Land Fee
Senior Community No

Listing Details

AgentRob Smith
OfficeCompass

Listing Map

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