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Sold for $4,200,000
  • Listed by: Compass • Tara McNabb • Contact: 949-500-3910
    Bought with: Compass
    $4,200,000

    516 Acacia Ave, Corona Del Mar, CA 92625

    3beds
    2,139sqft
    Single Family Residence
    Built in 2024
    5,663 Square Feet Lot
    $-- Zestimate®
    $1,964/sqft
    $7,503 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,503/mo

    Zestimate® history
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    What's special

    An enchanting modern oasis nestled in the coveted heart of Corona del Mar, where sleek architecture harmonizes with sultry elegance. This exquisite 2,139-square-foot, three-bedroom sanctuary is suffused with natural light, its open layout exuding an airy sophistication that invites you to indulge in the art of luxurious living. Each bedroom serves as a private retreat, featuring meticulously designed ensuite bathrooms adorned with high-end finishes, while an additional full guest bathroom adds an extra layer of convenience and refinement. The gourmet kitchen is nothing short of a culinary masterpiece, boasting custom oak cabinetry, opulent Calcutta stone countertops, and state-of-the-art Thermador appliances—all crafted for the discerning chef. Whether preparing an intimate dinner for two or hosting an extravagant soirée, this kitchen transforms every culinary endeavor into a sumptuous affair. The adjacent living room, graced with a chic fireplace, creates a warm and inviting atmosphere, perfect for both cozy evenings and elegant entertaining. Integrated built-in speakers throughout the home ensure that your favorite melodies accompany you seamlessly, enhancing the ambiance as you flow from room to room. For those who relish outdoor allure, the rooftop deck stands as an absolute showstopper. With breathtaking panoramic ocean views, it’s an entertainer’s paradise—ideal for toasting at sunset or lounging under a starlit sky. Complete with built-in heaters, this luxurious space becomes your year-round retreat, enveloped in the warm glow of the California coastline and offering an enchanting backdrop for unforgettable gatherings. The home’s appeal transcends its aesthetic beauty, seamlessly integrating modern luxuries such as solar panels for energy efficiency, along with EV charger provisions in both the garage and carport, embodying a commitment to sustainability without sacrificing style. Step through the elegant bi-folding doors onto a private patio, a tranquil space perfect for intimate gatherings or simply unwinding while basking in the refreshing coastal air. 516 1/2 Acacia Avenue epitomizes the pinnacle of sophisticated coastal living. This residence is not merely a home; it’s a captivating escape designed to elevate your lifestyle in one of Southern California’s most desirable locations. Embrace the allure of this extraordinary property and discover a life where sophistication and serenity meet.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tara McNabb DRE #01871729 taralmcnabb@icloud.com,

    Compass,

    Leighton Dean DRE #02210144,

    Compass

    Bought with:

    Pamela Spruce, DRE #01242934

    Compass

    Source: CRMLS,MLS#: OC25023899MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Bedroom on Main Level
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,139 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: Two,Three Or More
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 5,663 Square Feet
    • Features: Level
    Details
    • Parcel number: 45909202
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Condition
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Corona Del Mar South Of Pch (Cdms)
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,964/sqft
    • Tax assessed value: $5,032,389
    • Annual tax amount: $54,958
    • Date on market: 2/1/2025
    • Cumulative days on market: 151 days
    • Listing terms: Cash,Cash to Existing Loan

    Price history

    DateEventPrice
    5/5/2025Sold$4,200,000-4.4%$1,964/sqft
    Source: CRMLS #OC25023899 Report a problem
    4/28/2025Pending sale$4,395,000$2,055/sqft
    Source: CRMLS #OC25023899 Report a problem
    3/24/2025Contingent$4,395,000$2,055/sqft
    Source: CRMLS #OC25023899 Report a problem
    3/6/2025Listed for sale$4,395,000-30.8%$2,055/sqft
    Source: CRMLS #OC25023899 Report a problem
    2/27/2025Sold$6,350,000-2.3%$2,969/sqft
    Source: CRMLS #OC24219828 Report a problem
    2/18/2025Pending sale$6,500,000+44.4%$3,039/sqft
    Source: CRMLS #OC24219828 Report a problem
    2/2/2025Price change$4,500,000-30.8%$2,104/sqft
    Source: CRMLS #OC25023899 Report a problem
    2/1/2025Listed for sale$6,500,000$3,039/sqft
    Source: CRMLS #OC24219828 Report a problem
    1/23/2025Pending sale$6,500,000$3,039/sqft
    Source: CRMLS #OC24219828 Report a problem
    1/23/2025Price change$6,500,000+44.4%$3,039/sqft
    Source: CRMLS #OC24219828 Report a problem
    7/17/2022Listed for sale$4,500,000$2,104/sqft
    Source: CRMLS #OC22156839 Report a problem
    5/14/2020Listing removed$3,275$2/sqft
    Source: Coldwell Banker Realty - Newport Beach #LG20038175 Report a problem
    4/25/2020Price change$3,275-2.2%$2/sqft
    Source: Coldwell Banker Realty - Newport Beach #LG20038175 Report a problem
    2/21/2020Listed for rent$3,350+6.3%$2/sqft
    Source: Coldwell Banker Realty - Newport Beach #LG20038175 Report a problem
    4/4/2018Listing removed$3,150$1/sqft
    Source: Amistad Realty Group #NP18019432 Report a problem
    3/24/2018Price change$3,150-3.1%$1/sqft
    Source: Amistad Realty Group #NP18019432 Report a problem
    1/26/2018Listed for rent$3,250$2/sqft
    Source: Amistad Realty Group #NP18019432 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$54,958 +10.7%$5,032,389 +11.8%
    2023$49,666 +828.8%$4,500,000 +1518%
    2022$5,348 +1.6%$278,127 +2%
    2021$5,262 +1.1%$272,674 +1%
    2020$5,203 $269,879 +2%
    2019$5,203 +0.8%$264,588 +2%
    2018$5,163 +67.2%$259,400 +2%
    2017$3,087 $254,314 +2%
    2016$3,087 +2.2%$249,328 +1.5%
    2015$3,021 +3.5%$245,583 +2%
    2014$2,919 $240,773 +0.5%
    2013-- $239,685 +2%
    2012-- $234,986 +2%
    2011-- $230,379 +0.8%
    2010-- $228,658 -0.2%
    2009-- $229,202 +2%
    2008-- $224,708 +2%
    2007-- $220,302 +2%
    2006-- $215,983 +2%
    2005-- $211,749 +2%
    2004-- $207,598 +1.9%
    2003-- $203,794 +2%
    2002-- $199,799 +2%
    2001$2,042 +2.6%$195,882 +2%
    2000$1,989 $192,042
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating