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  • $4,834,500

    56 Drakes Bay Dr, Corona Del Mar, CA 92625

    4beds
    2,730sqft
    SingleFamily
    Built in 1977
    0.31 Acres Lot
    $4,834,500 Zestimate®
    $1,771/sqft
    $14,902 Estimated rent

    Home value

    $4,834,500

    $4.35M - $5.37M

    $14,902/mo

    Zestimate® history
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    $14,902/mo

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    $30,693/mo

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    $30,693/mo

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    What's special

    This beautifully updated Spanish-Style single level home is a private gated retreat located on a corner lot on renowned Spyglass Hill. Featuring a large backyard with a sparkling pool and spa this home is an entertainers dream. Walk through your grand entrance into a formal living and dining room with vaulted ceilings, built-in speaker system and skylights that allow for sunshine throughout, continue through the side courtyard complete with a beautiful fountain and lush landscaping that wraps around out to the backyard. With 4 bedrooms and 3 bathrooms, this home has wonderful and spacious living quarters, the master bathroom has lots of natural light and a cedar-planked walk-in closet and luxurious soaking tub. A true chef's kitchen featuring a large kitchen island, 6 burner Viking stove, built in wine fridge, dishwasher and warming drawer complement the generous granite island. Enjoy indoor/outdoor living with an eating area and lounge room that are open to your private backyard sanctuary. A three-car garage, internal laundry room with storage and two fireplaces complete the package! Enjoy the stunning updated Pebble-Tec pool and spa with their mountain and city lights views - even a peek-a-boo view of the ocean! Come enjoy the wonderful Spyglass Hill community - fun get-togethers, excellent Gold Ribbon schools, beautiful walking trails, easy access to all shopping and business centers, the stunning beaches and charming Corona del Mar Village just down the hill!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Wood / Pellet
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Refrigerator
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,730 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: City, Mountain
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 46104103

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Tile
    Condition
    • Year built: 1977

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $127 monthly
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,771/sqft
    • Tax assessed value: $2,722,731

    Price history

    DateEventPrice
    3/14/2017Sold$2,300,000-7.4%$842/sqft
    Source: Public Record Report a problem
    2/15/2017Pending sale$2,485,000$910/sqft
    Source: BHHS California Properties #NP16722343 Report a problem
    10/27/2016Listed for sale$2,485,000+4.1%$910/sqft
    Source: BHHS California Properties #NP16722343 Report a problem
    2/28/2007Sold$2,387,500+60.2%$875/sqft
    Source: Public Record Report a problem
    8/28/2003Sold$1,490,000+49%$546/sqft
    Source: Public Record Report a problem
    9/27/2000Sold$1,000,000$366/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,722,731 +2%
    2025$27,676 +2.1%$2,669,345 +2%
    2024$27,114 +2.4%$2,617,005 +2%
    2023$26,474 +1.9%$2,565,692 +2%
    2022$25,973 +2%$2,515,385 +2%
    2021$25,470 +1%$2,466,064 +1%
    2020$25,210 $2,440,778 +2%
    2019$25,210 +2%$2,392,920 +2%
    2018$24,704 -0.4%$2,346,000 -2%
    2017$24,793 $2,393,000 +7.1%
    2016$24,793 +7.3%$2,235,000 +18.7%
    2015$23,108 +40.3%$1,883,000 +19.2%
    2014$16,469 $1,580,000 -39.2%
    2013-- $2,597,593 +11%
    2012-- $2,340,900 +2%
    2011-- $2,295,000 +31.2%
    2010-- $1,749,000
    2009-- $1,749,000 -26.7%
    2008-- $2,387,500 +51%
    2007-- $1,581,199 +2%
    2006-- $1,550,196 +2%
    2005-- $1,519,800 +2%
    2004-- $1,490,000 +43.2%
    2003-- $1,040,400 +2%
    2002-- $1,020,000 +2%
    2001$10,240 +20.5%$1,000,000 +19%
    2000$8,495 $840,000
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,834,500
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    Estimated market value
    $4,834,500