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Pending
    • Listed by: Christie's International R.E. Southern California • Casey Lesher • Contact: 949-702-7047
    Price cut: $3M (6/9)
    $18,995,000

    1231 Dolphin Ter, Corona Del Mar, CA 92625

    4beds
    6,232sqft
    : 
    $125,339/mo
    Get pre-qualified
    Single Family Residence
    Built in 2014
    0.33 Acres Lot
    $17,271,200 Zestimate®
    $3,048/sqft
    $60/mo HOA

    What's special

    Two-level floorplanElevated spaWalls of floor-to-ceiling glassWhite oak ceilingsAdjoining dining roomBuilt-in bbq barPremium appliances
    This unparalleled custom residence in the sought-after enclave of Irvine Terrace delivers the pinnacle of contemporary coastal luxury, commanding front-row views of Newport Harbor, Balboa Island, the Pacific Ocean, and Catalina Island. The inspiring design reflects the talents of architect Carlton Graham, alongside the craftsmanship of Steve Davidson Construction and Tom Waters. Natural elements that echo the home’s extraordinary setting are seamlessly incorporated throughout the two-level floorplan, encompassing four en suite bedrooms, a total of five full bathrooms, two half bathrooms, and approximately 6,232 square feet of living space. The main level is defined by striking architectural presence, with walls of floor-to-ceiling glass and disappearing doors framing a cinematic harbor panorama animated by passing yachts, fiery sunsets, and shimmering evening reflections across the water. A sophisticated great room with a fireplace and adjoining dining room, seamlessly transitions to a showpiece kitchen appointed with an island, premium appliances, white oak ceilings, and limestone floors and wall accents. The luxe primary suite, privately situated on the main level, is replete with a heated view deck spanning the width of the home and a built-in BBQ bar. The lower level features a dramatic lounge and media room with a full wet bar, a glass-enclosed office, and a temperature-controlled wine cellar with a full-size beverage refrigerator. Accordion doors lead to a terrace boasting an infinity-edge pool, elevated spa, and an outdoor kitchen with a professional-grade grill. With an extraordinary coastal setting and seamless indoor–outdoor design, the home reflects the finest elements of Corona del Mar living in Irvine Terrace, moments from Fashion Island’s world-class retail and dining, Newport Beach Country Club, and the Newport Harbor Yacht Club.
    129 days
    |
    1,555
    |
    69
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Casey Lesher DRE #01795953 949-702-7047,

    Christie's International R.E. Southern California,

    Mondana Matthews DRE #01952060 949-379-4026,

    Christie's International R.E. Southern California

    Source: CRMLS,MLS#: NP26047341MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      • Main level bathrooms: 3
      • Main level bedrooms: 2
      Rooms
      • Room types: Bedroom, Family Room, Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Wine Cellar, Dining Room
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub, Dual Sinks, Enclosed Toilet, Soaking Tub, Separate Shower, Walk-In Shower
      Family room
      • Features: Separate Family Room
      Kitchen
      • Features: Kitchen Island, Stone Counters
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Gas Oven, Range Hood
      • Laundry: Inside, Laundry Room
      Features
      • Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan, Stone Counters, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Wine Cellar, Walk-In Closet(s)
      • Flooring: Stone, Wood
      • Doors: Sliding Doors
      • Windows: Custom Covering(s), Skylight(s)
      • Has fireplace: Yes
      • Fireplace features: Living Room, Primary Bedroom, Outside
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 6,232 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Door-Multi, Direct Access, Garage Faces Front, Garage
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Patio & porch: Open, Patio
      • Exterior features: Barbecue, Lighting, Fire Pit
      • Has private pool: Yes
      • Pool features: Infinity, In Ground, Private
      • Has spa: Yes
      • Spa features: Private
      • Has view: Yes
      • View description: Bluff, Catalina, City Lights, Harbor, Neighborhood, Ocean, Panoramic, Water
      • Has water view: Yes
      • Water view: Harbor,Ocean,Water
      • Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
      Lot
      • Size: 0.33 Acres
      • Features: Back Yard, Landscaped
      Details
      • Parcel number: 05026316
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 2014
      Details
      • Builder name: Steve Davidson Construction & Tom Waters

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Irvine Terrace (Irvt)
      HOA
      • Has HOA: Yes
      • Amenities included: Management
      • HOA fee: $60 monthly
      • HOA name: IRVINE TERRACE COMMUNITY ASSN
      • HOA phone: 800-428-5588
      Location
      • Region: Corona Del Mar

      Financial & listing details

      • Price per square foot: $3,048/sqft
      • Tax assessed value: $6,780,668
      • Annual tax amount: $71,448
      • Date on market: 3/18/2026
      • Cumulative days on market: 130 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Submit
      • Road surface type: Paved

        Estimated market value

        $17,271,200

        $16.41M - $18.13M

        $63,796/mo

        Price history

        DateEventPrice
        8/4/2026Pending sale$18,995,000$3,048/sqft
        Source: CRMLS #NP26047341 Report a problem
        7/27/2026Contingent$18,995,000$3,048/sqft
        Source: CRMLS #NP26047341 Report a problem
        6/9/2026Price change$18,995,000-13.6%$3,048/sqft
        Source: CRMLS #NP26047341 Report a problem
        3/18/2026Listed for sale$21,995,000$3,529/sqft
        Source: CRMLS #NP26047341 Report a problem
        9/1/2025Listing removed$21,995,000$3,529/sqft
        Source: SDMLS #NP25064250 Report a problem
        6/23/2025Listed for sale$21,995,000+41.9%$3,529/sqft
        Source: SDMLS #NP25064250 Report a problem
        1/8/2016Listing removed$15,500,000$2,487/sqft
        Source: Coldwell Banker Residential Brokerage - Newport Beach #NP15113280 Report a problem
        5/28/2015Listed for sale$15,500,000+416.7%$2,487/sqft
        Source: Coldwell Banker Residential Brokerage - Newport Beach #NP15113280 Report a problem
        8/25/2010Sold$3,000,000-40.7%$481/sqft
        Source: Public Record Report a problem
        12/30/2005Sold$5,060,000+80.7%$812/sqft
        Source: Public Record Report a problem
        3/31/2004Sold$2,800,000+49.3%$449/sqft
        Source: Public Record Report a problem
        10/16/2002Sold$1,875,000$301/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$71,448 +1.6%$6,780,668 +2%
        2024$70,340 +2.4%$6,647,714 +2%
        2023$68,702 +1.7%$6,517,367 +2%
        2022$67,572 +2%$6,389,576 +2%
        2021$66,273 +1%$6,264,291 +1%
        2020$65,638 $6,200,059 +2%
        2019$65,638 +2.1%$6,078,490 +2%
        2018$64,265 +3.9%$5,959,304 +2%
        2017$61,862 $5,842,455 +2%
        2016$61,862 +2.3%$5,727,898 +1.5%
        2015$60,465 +3.4%$5,641,860 +2%
        2014$58,487 $5,531,344 +29.9%
        2013-- $4,256,700 +39.1%
        2012-- $3,060,000 +2%
        2011-- $3,000,000 +20%
        2010-- $2,500,000 -30.9%
        2009-- $3,620,000 -31.2%
        2008-- $5,264,424 +2%
        2007-- $5,161,200 +2%
        2006-- $5,060,000 +77.2%
        2005-- $2,856,000 +1537.7%
        2004-- $174,393 -90.7%
        2003-- $1,875,000 +1017.1%
        2002-- $167,841 +2%
        2001$1,763 +2.6%$164,550 +2%
        2000$1,719 $161,324
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Corona del Mar

        Getting around

        37 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln
        • Middle: Corona Del Mar
        • High: Corona Del Mar

        Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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