525 El Paseo Drive

Corona Del Mar, CA 92625

PRICE REDUCED

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-$1,505,000 (-11.15%)

$11,995,000

List Price

5

bed Beds

3

shower Baths

3,166 sqft

straighten / sqft

1961

calendar_month Built

Property Description

Discover the unparalleled experience of owning a truly unique, exclusive trophy property, set on the largest lot in the esteemed Irvine Terrace of Corona del Mar. Currently sited on this near-acre lot, is an ultra-cool mid-century modern, 4-bedroom, 5-bathroom residence. The FULLY APPROVED transformative plans reveal a future main house of nearly 10,500 square feet - 6 bedrooms and 9 bathrooms, alongside a separate 770 sq ft guest house with 1 bedroom and 1.5 bathrooms. Curated by renowned designer Cadiz Collaboration, and formulated by the famed Brandon Architects, this home is a poetic expression of conceptual ideas, seamlessly blending organic modern elements to create a stunning architectural masterpiece. These plans embrace the site's full potential while harmonizing with the surrounding community, showcasing an architecturally significant design that is both exquisite and transformative. The innovative layout capitalizes on the expansive lot, with a unique orientation that captures breathtaking views of Catalina throughout the property. Inspired by Nordic and Scandinavian aesthetics, the design intention is warm yet timeless, merging hotel hospitality superior home comforts. The concept of approachable luxury and joy-inspired living is evident throughout. Experience the blend of luxury and thoughtful design in a home that offers a rare chance to own a truly special piece of real estate. This property will be more than just a home; it will be an unparalleled living adventure and a testament to superior design and craftsmanship. FULL VIRTUAL REALITY HEADSET EXPERIENCE AVAILABLE AT THE PROPERTY.

Listing Information

List Price $11,995,000
Status Active
MLS NP24130191
HOA $575
Type Residential
Subtype Single Family Residence
Year Built 1961
Lot Size 37,346
Structure Size 3,166
DOM 161
Courtesy Of Christie's International R.E. Southern California
Listing Agent Casey Lesher DRE#01795953

Interior Features

Laundry Information
Location(s) Inside
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 3
Fireplace Information
Features Family Room, Living Room
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Casey Lesher, Christie's International R.E. Southern California . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:10 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.