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Sold for $5,450,000
  • Listed by: Coldwell Banker Realty • Kaoru Matsuo • 949-300-7221
    Bought with: Compass
    $5,450,000

    424-1/2 Orchid Ave #Back Unit, Corona Del Mar, CA 92625

    4beds
    2,950sqft
    Condominium
    Built in 2023
    -- sqft lot
    $3,318,500 Zestimate®
    $1,847/sqft
    $12,500 Estimated rent

    Home value

    $3,318,500

    $2.99M - $3.75M

    $12,500/mo

    Zestimate® history
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    What's special

    A truly exceptional masterpiece boasting a very rare 45-foot lot on 400 Block of Flower Street. This brand-new construction is a testament to Organic Modern design, seamlessly blending natural elements with contemporary aesthetics. As you step inside, you will be greeted by ample natural light pouring in through bifold windows that effortlessly open to reveal a sprawling front patio highlighted with a beautiful firepit and generous seating area, providing an idyllic space for relaxation and entertaining. The great room features a striking modern fireplace with exquisite porcelain tiles and custom wood panels, creating a focal point of refined elegance. The heart of the home, a Porcelanosa two-tone custom kitchen, fully crafted in Spain, is a culinary enthusiast’s dream, equipped with top-of-the-line Miele appliances and integrated espresso brewing system, and custom organization system. For the wine connoisseur, a dedicated storage is thoughtfully incorporated. Entertain effortlessly in the inviting courtyard that seamlessly connects to the kitchen and dining area, facilitating a delightful flow for your al fresco. A conveniently located ensuite bedroom/office on the first floor offers versatile living space for your guests or remote work from home. Extra storage area and luxurious powder room for your guests complete the first level. Ascend to the second floor, where the primary suite awaits, complete with a lavish bathroom embellished with luxurious Walker Zanger tiles. The suite boasts large windows that flood the space with natural light, automatic roller shade system for your privacy, gorgeous custom walk-in closets, and an enclosed patio providing an intimate outdoor oasis. Two additional ensuite on this level offer comfort and privacy, while a dedicated laundry room adds practicality and functionality. The extra-large rooftop is a crowning jewel, offering panoramic views of Corona Del Mar village, city lights, breathtaking sunsets, and picturesque Spyglass hills. This space is designed for year-round both relaxation and entertainment, featuring a covered area with a multi-color flame modern fireplace finished with beautiful stone detailing and ample seating area. With a generous and RARE FOUR-CAR PARKING SPACE, including 2 car garages, 424 Orchid Avenue epitomizes the pinnacle of finest modern luxury living in Southern California, where you can enjoy prestine beaches, world renowned shopping and dining destinations, all in just moments away.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kaoru Matsuo DRE #01931570 949-300-7221,

    Coldwell Banker Realty

    Bought with:

    Karen Kleinberg, DRE #01957112

    Compass

    Kimberly Harvey, DRE #01255859

    Seven Gables Real Estate

    Source: CRMLS,MLS#: OC23214131MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 1
    • 3/4 bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Great Room, Kitchen, Laundry, Primary Bedroom, Other, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bedroom
    • Features: Multi-Level Bedroom
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Multiple Shower Heads, Soaking Tub, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen Island, Kitchen/Family Room Combo, Self-closing Cabinet Doors, Self-closing Drawers
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s), Natural Gas, Zoned
    Cooling
    • Central Air, Dual, Electric, Zoned
    Appliances
    • Included: 6 Burner Stove, Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater
    • Laundry: Inside, Laundry Room, Upper Level
    Features
    • Breakfast Bar, Balcony, Separate/Formal Dining Room, Open Floorplan, Recessed Lighting, Storage, Wired for Data, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Windows: Double Pane Windows, Screens
    • Has fireplace: Yes
    • Fireplace features: Gas, Great Room, Outside
    • Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
    Interior area
    • Total interior livable area: 2,950 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached Carport, Covered, Carport, Direct Access, Garage
    • Attached garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Patio & porch: Covered, Front Porch, Open, Patio, Rooftop
    • Exterior features: Fire Pit
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Hills, Neighborhood, Panoramic
    Lot
    • Size: 5,315 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 45921510
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Custom
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
    • Subdivision: Corona Del Mar North Of Pch (Cnhw)
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,847/sqft
    • Tax assessed value: $4,510,419
    • Date on market: 12/12/2023
    • Cumulative days on market: 8 days
    • Listing terms: Cash,Cash to New Loan
    • Exclusions: Staging Materials/Furniture

    Price history

    DateEventPrice
    1/19/2024Sold$5,450,000-2.5%$1,847/sqft
    Source: CRMLS #OC23214131 Report a problem
    1/16/2024Pending sale$5,589,000$1,895/sqft
    Source: CRMLS #OC23214131 Report a problem
    12/20/2023Contingent$5,589,000$1,895/sqft
    Source: CRMLS #OC23214131 Report a problem
    12/12/2023Listed for sale$5,589,000+132.9%$1,895/sqft
    Source: CRMLS #OC23214131 Report a problem
    11/29/2017Listing removed$3,500$1/sqft
    Source: Coldwell Banker Residential Brokerage - Irvine #OC17251383 Report a problem
    11/21/2017Price change$3,500-6.7%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Irvine #OC17251383 Report a problem
    11/5/2017Listed for rent$3,750$1/sqft
    Source: Coldwell Banker Residential Brokerage - Irvine #OC17251383 Report a problem
    11/29/2016Sold$2,400,000-5.8%$814/sqft
    Source: Public Record Report a problem
    11/25/2016Pending sale$2,549,000$864/sqft
    Source: HOM Sotheby's International Re #NP16724057 Report a problem
    10/12/2016Price change$2,549,000-3.8%$864/sqft
    Source: HOM Sotheby's International Realty #NP16724046 Report a problem
    9/9/2016Price change$2,650,000-5.3%$898/sqft
    Source: HOM Sotheby's International Realty #NP16724046 Report a problem
    8/26/2016Price change$2,799,000+5.6%$949/sqft
    Source: HOM Sotheby's International Realty #NP16724046 Report a problem
    8/22/2016Price change$2,650,000-5.3%$898/sqft
    Source: HOM Sotheby's International Realty #NP16724046 Report a problem
    7/23/2016Price change$2,799,000-6.5%$949/sqft
    Source: HOM Sotheby's International Re #NP16134872 Report a problem
    6/22/2016Listed for sale$2,995,000$1,015/sqft
    Source: HOM Sotheby's International Re #NP16134872 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $4,510,419 +2%
    2025$46,658 +86.8%$4,421,980 +93.3%
    2024$24,983 $2,287,779
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,318,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,318,500