$6,997,000
For Sale

38 Drakes Bay Drive

Corona del Mar, CA 92625
3917 sqft | 5 beds | 4.5 baths | 0.28 acres | #NP24175737
Listing OfficeEQTY Forbes Global Properties
Browse 47 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to this exquisite new construction home in the prestigious Spyglass Hill of Corona Del Mar. This meticulously crafted residence is a showcase of designer finishes and modern elegance, offering an unparalleled living experience. As you step inside, you'll be greeted by the seamless flow of high-end custom wallpapering and elegant designer touches that define this expansive 5-bedroom, 4.5-bath home. The open-concept living areas are perfect for both grand entertaining and intimate gatherings, with each space thoughtfully curated for luxury and comfort. The indoor-outdoor living experience is exceptional, featuring a stunning space with a sparkling private pool and elegant water features. Relax in the spa or enjoy al fresco dining at the gourmet outdoor kitchen. Motorized rain-sensing patio covers ensure year-round enjoyment, while breathtaking city light views provide a beautiful backdrop to your oasis. Additional highlights include a sophisticated built-in wine storage area, a 3-car garage with an EV charger, and advanced smart home technology operated by Control4, which includes audio/video security for your convenience and peace of mind. The home also features dual-zoned climate control, allowing for customized comfort throughout the residence. A custom security gate encloses a private front entry courtyard, creating an inviting and secure entrance. The home is also equipped with solar panels, enhancing its energy efficiency and sustainability. Perfectly situated, this property is just a short drive from the beautiful beaches of Corona Del Mar and the vibrant Village, known for its excellent shops and dining options. The family-friendly neighborhood of Spyglass Hill is also known for its delightful playgrounds and parks, making it an ideal community for families. This exceptional home is a rare find in one of Corona Del Mar’s most sought-after neighborhoods, combining luxury living with a welcoming and vibrant community.

  • Interior Details
      • InteriorWetBar, BreakfastBar, BuiltInFeatures, Balcony, CrownMolding, SeparateFormalDiningRoom, HighCeilings, OpenFloorplan, PullDownAtticStairs
    • Beds & Baths
      • Bathrooms4.5
      • Bedrooms5
      • Full Baths4
      • Half Baths1
  • Property Details
      • Lot DescriptionNearPark, SprinklerSystem
      • ViewCityLights, Reservoir
      • Stories2
    • Measurements
      • Acres0.2847
      • Square Feet3917
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2024
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionSpyglass Hill Custom (SPYC)
    • Location
      • School DistrictNewport Mesa Unified
      • CountyOrange
  • Financial Details
      • Original List Price$7,450,000
    • HOA
      • Hoa Fees576
  • Other
      • MLS #NP24175737

Location

Maytha ShafferReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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