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Sold for $4,350,000
  • Listed by: Compass • Kimberlee Drake • Contact: 949-500-7108
    Bought with: Compass
    $4,350,000

    518 Poinsettia Ave, Corona Del Mar, CA 92625

    3beds
    1,941sqft
    Condominium
    Built in 2026
    -- sqft lot
    $2,906,400 Zestimate®
    $2,241/sqft
    $8,456 Estimated rent

    Home value

    $2,906,400

    $2.70M - $3.14M

    $8,456/mo

    Zestimate® history
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    What's special

    Sun-filled balconyPrivate courtyardAbundance of natural lightCustom cabinetryExpansive and invitingModern functionalityRefined finishes
    Experience elevated coastal living in this newly constructed front residence, ideally located in the heart of Corona del Mar Village, one of Southern California’s most coveted seaside enclaves. Thoughtfully designed with an emphasis on seamless indoor-outdoor living, this home offers three ensuite bedrooms and an exceptional blend of refined finishes and modern functionality. The open-concept main level is both expansive and inviting, filled with natural light and designed for effortless entertaining. Oversized sliding glass doors create a seamless transition to a spacious front patio with a fire pit, while La Cantina doors open to a private courtyard centered around a statement fireplace, offering multiple outdoor living spaces rarely found in this setting. The chef’s kitchen is a true showpiece, featuring custom cabinetry, top-tier appliances, and a striking center island designed for both entertaining and everyday living. The primary suite serves as a private retreat, complete with its own fireplace, a generous walk-in closet, and a sun-filled balcony that enhances the home’s light and airy feel. An expansive rooftop deck invites year-round enjoyment with outdoor heaters and peekaboo Catalina Island views, ideal for entertaining or quiet sunset moments. With an abundance of natural light, thoughtfully curated finishes, and exceptional outdoor spaces including a front patio, private courtyard, balcony, and rooftop deck, this home truly embodies the quintessential California coastal lifestyle. Ideally situated just moments from world-class beaches, acclaimed dining, boutique shopping, and top-rated schools.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberlee Drake DRE #01068050 949-500-7108,

    Compass,

    Janelle File DRE #01952433,

    Compass

    Bought with:

    Kimberlee Drake, DRE #01068050

    Compass

    Simone Oram, DRE #02192343

    Compass

    Source: CRMLS,MLS#: NP26094304MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Family Room, Laundry, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Soaking Tub, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Self-closing Drawers
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Dishwasher, Gas Range, Range Hood
    • Laundry: Laundry Room
    Features
    • Balcony, High Ceilings, Open Floorplan, Wired for Sound, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom, Outside
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,941 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Carport, Electric Vehicle Charging Station(s), Garage
    • Attached garage spaces: 1
    • Carport spaces: 1
    • Covered spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front
    • Patio & porch: Covered, Patio
    • Exterior features: Lighting, Fire Pit
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Peek-A-Boo
    Lot
    • Size: 3,540 Square Feet
    Details
    • Parcel number: 45922209
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $2,241/sqft
    • Tax assessed value: $3,916,696
    • Date on market: 5/1/2026
    • Cumulative days on market: 40 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/19/2026Sold$4,350,000-5.3%$2,241/sqft
    Source: CRMLS #NP26094304 Report a problem
    5/7/2026Contingent$4,595,000$2,367/sqft
    Source: CRMLS #NP26094304 Report a problem
    5/2/2026Listed for sale$4,595,000+63.8%$2,367/sqft
    Source: CRMLS #NP26094304 Report a problem
    8/29/2024Listing removed$4,900$3/sqft
    Source: Zillow Rentals Report a problem
    8/15/2024Price change$4,900-10.9%$3/sqft
    Source: Zillow Rentals Report a problem
    8/5/2024Price change$5,500-15.4%$3/sqft
    Source: Zillow Rentals Report a problem
    7/17/2024Price change$6,500-13.3%$3/sqft
    Source: Zillow Rentals Report a problem
    6/27/2024Listed for rent$7,500+53.1%$4/sqft
    Source: Zillow Rentals Report a problem
    1/15/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/18/2023Listed for rent$4,900$3/sqft
    Source: Zillow Rentals Report a problem
    12/15/2023Sold$2,805,000-12.3%$1,445/sqft
    Source: Public Record Report a problem
    12/8/2023Pending sale$3,200,000$1,649/sqft
    Source: CRMLS #NP23180717 Report a problem
    12/1/2023Contingent$3,200,000$1,649/sqft
    Source: CRMLS #NP23180717 Report a problem
    10/19/2023Listed for sale$3,200,000$1,649/sqft
    Source: CRMLS #NP23180717 Report a problem
    10/16/2023Contingent$3,200,000$1,649/sqft
    Source: CRMLS #NP23180717 Report a problem
    9/12/2023Listed for sale$3,200,000$1,649/sqft
    Source: CRMLS #NP23103487 Report a problem
    7/13/2023Pending sale$3,200,000$1,649/sqft
    Source: CRMLS #NP23103487 Report a problem
    6/14/2023Listed for sale$3,200,000$1,649/sqft
    Source: CRMLS #NP23103487 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,916,696 +36.9%
    2025$30,536 +1.2%$2,861,100 +2%
    2024$30,173 +292.9%$2,805,000 +310.9%
    2023$7,679 +1.8%$682,609 +2%
    2022$7,546 +1.9%$669,225 +2%
    2021$7,404 +1%$656,103 +1%
    2020$7,333 $649,376 +2%
    2019$7,333 +2%$636,644 +2%
    2018$7,189 +3.8%$624,161 +2%
    2017$6,926 $611,923 +2%
    2016$6,926 +2.2%$599,925 +1.5%
    2015$6,775 +3.4%$590,914 +2%
    2014$6,552 $579,339 +0.5%
    2013-- $576,721 +2%
    2012-- $565,413 +2%
    2011-- $554,327 +0.8%
    2010-- $550,185 -0.2%
    2009-- $551,493 +2%
    2008-- $540,680 +2%
    2007-- $530,079 +2%
    2006-- $519,686 +2%
    2005-- $509,497 +2%
    2004-- $499,507 +1.9%
    2003-- $490,353 +2%
    2002-- $480,739 +2%
    2001$4,907 +2.6%$471,313 +2%
    2000$4,784 $462,072
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,906,400
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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
    $2,906,400