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  • $11,062,500

    700 Malabar Dr, Corona Del Mar, CA 92625

    5beds
    5,098sqft
    SingleFamily
    Built in 2022
    9,583 Square Feet Lot
    $11,062,500 Zestimate®
    $2,170/sqft
    $31,093 Estimated rent

    Home value

    $11,062,500

    $9.96M - $12.39M

    $31,093/mo

    Zestimate® history
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    Rent Zestimate®

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    $69,231/mo

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    $69,231/mo

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    What's special

    Introducing Corona del Mars newest luxury retreat. Construction has just been completed on this modern architectural home set in the Irvine Terrace enclave. Situated on a flat lot of over 9,600 sq. ft. with direct access through a vast lawn space to Irvine Terrace Park, the design by architect Eric Aust embraces the highest quality construction and finishes throughout over 5,000 sq.ft. of single level living space, incorporating tumbled limestone slab and honed marble offset by rich, antique brass for a bold yet sophisticated look. Enjoy the massive open outdoor entertainment area, where a covered California room transitions to a sun-kissed pool and spa including a sitting fire pit lounge and built-in barbeque.The modern open floor plan hosts a work-from-home office, separate media room and five en-suite bedrooms, including a decadent primary suite with his-and-her walk-in closets, spa-like bath, private fireplace and multiple exterior access points. The light-filled great room with tall vaulted beamed ceilings is ideal for entertaining and day-to-day relaxation. From there, effortlessly move the dining space with dual wine vaults or outside through vast sliding doors and casual dining at the kitchen waterfall edge island. An additional dirty kitchen with walk-in cooler and range allows flexibility for events. The separate Two-door, three-car garage allows ample vehicle parking. The fully integrated smart home system adds all modern amenities to be expected in a home of this caliber. A true modern masterpiece, be the first to live in this brand-new jewel of Corona Del Mar. Centrally located and nearby to Fashion Island,Balboa Island, Newport Country Club, Balboa Bay Club all local dining and shopping.

    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: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • None
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 5,098 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 9,583 Square Feet
    Details
    • Parcel number: 05029309

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2022

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $44 monthly
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $2,170/sqft
    • Tax assessed value: $9,572,096

    Price history

    DateEventPrice
    12/30/2022Sold$9,020,000-5%$1,769/sqft
    Source: Public Record Report a problem
    12/1/2022Pending sale$9,495,000$1,862/sqft
    Source: Douglas Elliman #LG22137337 Report a problem
    12/1/2022Contingent$9,495,000$1,862/sqft
    Source: CRMLS #LG22137337 Report a problem
    10/12/2022Listed for sale$9,495,000+171.7%$1,862/sqft
    Source: CRMLS #LG22137337 Report a problem
    7/2/2022Listing removed--
    Source: Douglas Elliman Report a problem
    3/29/2022Listed for rent$50,000$10/sqft
    Source: Douglas Elliman #LG22050679 Report a problem
    6/14/2021Listing removed--
    Source: Douglas Elliman Report a problem
    6/8/2021Listed for sale$3,495,000$686/sqft
    Source: Douglas Elliman #LG20093772 Report a problem
    9/9/2020Listing removed$3,495,000$686/sqft
    Source: Douglas Elliman #LG20093772 Report a problem
    5/18/2020Listed for sale$3,495,000+20.5%$686/sqft
    Source: DOUGLAS ELLIMAN OF CALIFORNIA, INC. #LG20093772 Report a problem
    5/16/2019Sold$2,900,000-9.2%$569/sqft
    Source: Public Record Report a problem
    5/8/2019Pending sale$3,195,000$627/sqft
    Source: Villa Real Estate #NP18262191 Report a problem
    4/22/2019Listed for sale$3,195,000$627/sqft
    Source: Villa Real Estate #NP18262191 Report a problem
    4/11/2019Pending sale$3,195,000$627/sqft
    Source: Villa Real Estate #NP18262191 Report a problem
    12/14/2018Price change$3,195,000-11.9%$627/sqft
    Source: Villa Real Estate #NP18262191 Report a problem
    11/1/2018Listed for sale$3,625,000$711/sqft
    Source: Villa Real Estate #NP18262191 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $9,572,096 +2%
    2025$98,656 +1.6%$9,384,408 +2%
    2024$97,126 -22.4%$9,200,400 +2%
    2023$125,199 +238%$9,020,000 +158.7%
    2022$37,041 +24.3%$3,486,728 +24.6%
    2021$29,811 -5.4%$2,798,819 -5.4%
    2020$31,504 $2,958,000 +2%
    2019$31,504 +2.1%$2,900,000 +455.1%
    2018$30,849 +444.1%$522,442 +2%
    2017$5,670 $512,199 +4.8%
    2016$5,670 +5%$488,624 +6.1%
    2015$5,402 +7.9%$460,484 +2%
    2014$5,007 $451,464 +0.5%
    2013-- $449,424 +2%
    2012-- $440,612 +2%
    2011-- $431,973 +0.8%
    2010-- $428,745 -0.2%
    2009-- $429,764 +2%
    2008-- $421,338 +2%
    2007-- $413,077 +2%
    2006-- $404,978 +2%
    2005-- $397,038 +2%
    2004-- $389,253 +1.9%
    2003-- $382,119 +2%
    2002-- $374,627 +2%
    2001$3,749 +2.6%$367,282 +2%
    2000$3,653 $360,081
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Newport Mesa Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $11,062,500
    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
    $11,062,500