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Sold for $5,100,000
  • Listed by: Realty One Group West • Andrei Feoktistov • Contact: 9495845007
    Bought with: Coldwell Banker Realty
    $5,100,000

    1831 Seadrift Dr, Corona Del Mar, CA 92625

    5beds
    2,878sqft
    Single Family Residence
    Built in 1960
    8,602 Square Feet Lot
    $5,282,500 Zestimate®
    $1,772/sqft
    $13,854 Estimated rent

    Home value

    $5,282,500

    $4.81M - $5.81M

    $13,854/mo

    Zestimate® history
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    What's special

    Saltwater poolModern upgradesStriking fireplacePrivate courtyardCustom cabinetryExpansive open-concept designSleek vinyl floors
    Exceptional opportunity to own a recently renovated single-story home in the prestigious Irvine Terrace neighborhood, offering luxury living at its finest. Step into an expansive, open-concept design enhanced by high-end finishes and modern upgrades. The property features four spacious bedrooms plus a versatile den, three beautifully remodeled bathrooms, and a saltwater pool with a removable safety gate—perfect for both relaxing and entertaining. A private courtyard leads to the main residence, while a separate guest casita offers its own entrance, complete with a fully equipped kitchen and living area, ideal for guests or extended family. The living spaces are defined by soaring beam ceilings, clerestory windows, and seamless indoor-outdoor flow, with a striking fireplace and masonry accents adding warmth and character. The chef’s kitchen, bathed in natural light, boasts quartz countertops, premium stainless-steel appliances, custom cabinetry, and a large breakfast bar—perfect for casual dining or hosting gatherings. Additional features include solar panels (leased), central air conditioning, sleek vinyl floors, and a modern frosted glass roll-up garage door. While the home is livable and was recently renovated, its 1960s build reflects the charm of a previous era. In line with a growing trend in this highly desirable area, many homeowners have chosen to purchase similar properties, completely demolish them, and build their dream homes. This offers an incredible option to create a custom residence in one of the most sought-after locations in the world. Positioned in a coveted location near Irvine Terrace Park, this high-end lease offers access to Corona del Mar’s finest amenities, including upscale shopping, gourmet dining, and pristine beaches. Experience elevated coastal living in this exceptional residence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrei Feoktistov DRE #01973186 9495845007,

    Realty One Group West

    Bought with:

    Jennifer Farber, DRE #02013651

    Coldwell Banker Realty

    Tim Smith, DRE #01346878

    Coldwell Banker Realty

    Source: CRMLS,MLS#: OC25004151MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 3
    • Main level bedrooms: 5
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central, Forced Air, Solar, Zoned
    Cooling
    • Central Air, High Efficiency, Zoned
    Appliances
    • Laundry: Inside
    Features
    • High Ceilings, All Bedrooms Down
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,878 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Driveway
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: front
    • Has private pool: Yes
    • Pool features: Private
    • Has view: Yes
    • View description: Peek-A-Boo, Pool
    Lot
    • Size: 8,602 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 05036105
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Appliances
    • Energy generation: Solar

    Community & HOA

    Community
    • Features: Biking, Dog Park, Fishing, Park, Water Sports
    • Subdivision: Irvine Terrace (Irvt)
    HOA
    • Has HOA: Yes
    • Amenities included: Picnic Area, Playground
    • HOA fee: $60 monthly
    • HOA name: Irvine Terrace Community Association
    • HOA phone: 800-428-5588
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,772/sqft
    • Tax assessed value: $5,202,000
    • Date on market: 1/7/2025
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    2/10/2025Sold$5,100,000-7.3%$1,772/sqft
    Source: CRMLS #OC25004151 Report a problem
    1/23/2025Pending sale$5,500,000$1,911/sqft
    Source: CRMLS #OC25004151 Report a problem
    1/14/2025Contingent$5,500,000$1,911/sqft
    Source: CRMLS #OC25004151 Report a problem
    1/7/2025Listed for sale$5,500,000+20.9%$1,911/sqft
    Source: CRMLS #OC25004151 Report a problem
    12/30/2024Listing removed$15,000$5/sqft
    Source: CRMLS #OC24186542 Report a problem
    10/22/2024Price change$15,000-11.8%$5/sqft
    Source: CRMLS #OC24186542 Report a problem
    9/8/2024Listed for rent$17,000+13.3%$6/sqft
    Source: CRMLS #OC24186542 Report a problem
    7/25/2024Sold$4,550,000-1.1%$1,581/sqft
    Source: CRMLS #NP24103184 Report a problem
    7/2/2024Contingent$4,599,000$1,598/sqft
    Source: CRMLS #NP24103184 Report a problem
    5/22/2024Listed for sale$4,599,000+51000%$1,598/sqft
    Source: CRMLS #NP24103184 Report a problem
    2/2/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/12/2022Listed for rent$15,000+66.7%$5/sqft
    Source: Zillow Rental Manager Report a problem
    6/27/2015Listing removed$9,000$3/sqft
    Source: Teles Properties - Newport Beach #NP15131566 Report a problem
    6/26/2015Sold$9,000-99.7%$3/sqft
    Source: Agent Provided Report a problem
    6/18/2015Listed for rent$9,000+12.5%$3/sqft
    Source: Teles Properties, Inc. #NP15131566 Report a problem
    2/24/2015Listed for sale$2,899,898+33.3%$1,008/sqft
    Source: Teles Properties, Inc. #NP15039121 Report a problem
    1/5/2014Listing removed$8,000$3/sqft
    Source: Teles Properties, Inc. #NP14000160 Report a problem
    1/3/2014Listed for rent$8,000+1.3%$3/sqft
    Source: Teles Properties, Inc. #NP14000160 Report a problem
    11/2/2012Listing removed$7,900$3/sqft
    Source: Teles Properties Newport Beach #U12003101 Report a problem
    8/4/2012Listed for rent$7,900$3/sqft
    Source: Teles Properties Newport Beach #U12003101 Report a problem
    3/21/2008Sold$2,175,000+7.1%$756/sqft
    Source: Public Record Report a problem
    11/23/2005Sold$2,030,000$705/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $5,202,000 +14.3%
    2025$48,155 +61.6%$4,550,000 +62.4%
    2024$29,790 +2.4%$2,800,884 +2%
    2023$29,093 +1.7%$2,745,965 +2%
    2022$28,610 +2%$2,692,123 +2%
    2021$28,060 +1%$2,639,337 +1%
    2020$27,790 $2,612,274 +2%
    2019$27,790 +2.1%$2,561,053 +2%
    2018$27,211 +3.9%$2,510,837 +2%
    2017$26,194 $2,461,605 +2%
    2016$26,194 +2.3%$2,413,339 +1.5%
    2015$25,603 +3.4%$2,377,089 +2%
    2014$24,762 $2,330,526 +5.6%
    2013-- $2,207,790 +11%
    2012-- $1,989,000 +2%
    2011-- $1,950,000 -11.9%
    2010-- $2,213,241 +3.9%
    2009-- $2,130,000 +2.9%
    2008-- $2,070,600
    2007-- $2,070,600 +2%
    2006-- $2,030,000 +1187%
    2005-- $157,726 +2%
    2004-- $154,634 +1.9%
    2003-- $151,800 +2%
    2002-- $148,824 +2%
    2001$1,503 +2.7%$145,906 +2%
    2000$1,464 $143,046
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,282,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,282,500