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Sold for $4,030,000
    • Listed by: Compass • Brenda McCroskey • Contact: 949-280-5563
    Bought with: Coldwell Banker Realty
    $4,030,000

    26 Drakes Bay Dr, Corona Del Mar, CA 92625

    5beds
    3,182sqft
    Single Family Residence
    Built in 1976
    9,590 Square Feet Lot
    $4,063,900 Zestimate®
    $1,266/sqft
    $7,043 Estimated rent

    Home value

    $4,063,900

    $3.74M - $4.43M

    $7,043/mo

    Zestimate® history
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    What's special

    Fantastic opportunity in Spyglass Hill! Tastefully updated, this home has endless potential whether you’re looking to move into a comfortable home with a great floor plan, remodel & possibly expand to your tastes, or looking to build your dream home on this oversized lot! Pass through the front privacy gate and into this lovely five-bedroom, three-bathroom residence nestled in the coveted community of Spyglass Hill. Our home boasts an inviting open floor plan on the main level, seamlessly connecting the spacious living room, elegant dining area, and an inviting kitchen—perfect for both entertaining and everyday living. Venture further to find a generously sized downstairs bedroom, complete with its own private patio and conveniently adjacent bathroom, offering a perfect retreat for guests or family members. Ascend the open staircase to the upper level, where you will enjoy the expansive primary bedroom, designed as a serene sanctuary, with its remodeled bath and walk-in closet. This floor also features three additional guest rooms, ensuring ample space for loved ones. Every detail in this home has been thoughtfully considered, with newer carpeting throughout that adds a touch of warmth to each room. The expansive three-car garage provides not only generous parking but is also equipped with cabinetry for all your storage needs, keeping your home organized and clutter-free. Step outside into your spacious pool-sized private backyard, where views of the rolling hills and sparkling city lights create a picturesque backdrop for evening gatherings or tranquil moments. Just around the corner, a beautiful park awaits, offering scenic views of Irvine and the majestic mountains, complete with delightful play equipment for children to explore and enjoy. Experience the tranquil beauty of Spyglass Hill, where tree-lined streets and community parks foster a warm sense of camaraderie and friendship among neighbors. Picture idyllic picnics on sun-drenched lawns and friendly gatherings that enhance the community spirit. This floorplan is wonderful for remodeling or to enjoy as it is. Don’t miss the opportunity to make this enchanting home your own, just minutes from the world-class shopping and dining of Newport Beach, the Orange County Airport also minutes away and freeway close to all of Southern California.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda McCroskey DRE #01869273 949-280-5563,

    Compass

    Bought with:

    Brett Wyland, DRE #01083782

    Coldwell Banker Realty

    Source: CRMLS,MLS#: NP24197015MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Den, Entry/Foyer, Family Room, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Enclosed Toilet, Full Bath on Main Level, Remodeled, Solid Surface Counters, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Granite Counters
    Kitchen
    • Features: Galley Kitchen
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Unfurnished, Bar, Bedroom on Main Level, Entrance Foyer, Galley Kitchen, Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,182 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Concrete, Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Gated
    • Attached garage spaces: 3
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground
    • Patio & porch: Deck, Enclosed, Patio
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Hills
    • Waterfront features: Ocean Side Of Freeway
    Lot
    • Size: 9,590 Square Feet
    • Features: Lawn, Near Park, Rectangular Lot, Sprinkler System, Walkstreet, Yard
    Details
    • Parcel number: 46105104
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1976
    Details
    • Builder model: Coronado
    • Builder name: John Lusk

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Suburban, Sidewalks, Park
    • Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
    • Subdivision: Spyglass Hill (Spyh)
    HOA
    • Has HOA: Yes
    • Amenities included: Playground
    • HOA fee: $685 quarterly
    • HOA name: Spyglass Hill Association
    • HOA phone: 714-634-0611
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,266/sqft
    • Tax assessed value: $2,693,572
    • Date on market: 10/1/2024
    • Cumulative days on market: 160 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/28/2025Sold$4,030,000-4%$1,266/sqft
    Source: CRMLS #NP24197015 Report a problem
    4/10/2025Pending sale$4,199,000$1,320/sqft
    Source: CRMLS #NP24197015 Report a problem
    3/12/2025Contingent$4,199,000$1,320/sqft
    Source: CRMLS #NP24197015 Report a problem
    2/1/2025Listed for sale$4,199,000$1,320/sqft
    Source: CRMLS #NP24197015 Report a problem
    12/19/2024Contingent$4,199,000$1,320/sqft
    Source: CRMLS #NP24197015 Report a problem
    11/2/2024Price change$4,199,000-8.6%$1,320/sqft
    Source: CRMLS #NP24197015 Report a problem
    10/1/2024Listed for sale$4,595,000$1,444/sqft
    Source: CRMLS #NP24197015 Report a problem
    1/8/2018Listing removed$6,000$2/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #OC17102678 Report a problem
    11/12/2017Price change$6,000-9.1%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #OC17102678 Report a problem
    7/17/2017Price change$6,600-8.3%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #OC17102678 Report a problem
    5/11/2017Listed for rent$7,200+22%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #OC17102678 Report a problem
    2/26/2015Listing removed$5,900$2/sqft
    Source: Chi, Hai-Lee #OC14261027 Report a problem
    2/20/2015Price change$5,900-4.8%$2/sqft
    Source: Chi, Hai-Lee #OC14261027 Report a problem
    12/21/2014Listed for rent$6,200+44.2%$2/sqft
    Source: Chi, Hai-Lee #OC14261027 Report a problem
    10/27/2012Listing removed$4,300$1/sqft
    Source: Realty Benefit #S715690 Report a problem
    10/23/2012Listed for rent$4,300$1/sqft
    Source: Realty Benefit #S715690 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,693,572 +38.5%
    2025$20,330 +2.1%$1,945,212 +2%
    2024$19,918 +2.4%$1,907,071 +2%
    2023$19,447 +1.9%$1,869,678 +2%
    2022$19,079 +2%$1,833,018 +2%
    2021$18,711 +1%$1,797,077 +1%
    2020$18,521 $1,778,651 +2%
    2019$18,521 +2%$1,743,776 +2%
    2018$18,152 +3.9%$1,709,585 +2%
    2017$17,470 $1,676,064 +2%
    2016$17,470 +2.3%$1,643,200 +1.5%
    2015$17,082 +3.3%$1,618,518 +2%
    2014$16,539 $1,586,814 +0.5%
    2013-- $1,579,643 +2%
    2012-- $1,548,670 +2%
    2011-- $1,518,304 +0.8%
    2010-- $1,506,957 -0.2%
    2009-- $1,510,538 +2%
    2008-- $1,480,920 +2%
    2007-- $1,451,883 +2%
    2006-- $1,423,415 +2%
    2005-- $1,395,505 +2%
    2004-- $1,368,143 +40.8%
    2003-- $971,776 +2%
    2002-- $952,722 +2%
    2001$9,570 +11.7%$934,042 +11.2%
    2000$8,565 $840,000
    Find assessor info on the county website

    Neighborhood: Corona del Mar

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    Estimated market value
    $4,063,900
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    Estimated market value
    $4,063,900

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