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$9,950,000
34 Days On Site

525 El Paseo Drive
Corona Del Mar, CA 92625

For Sale|Single Family Residence|Active
5
Beds
3
Total Baths
3
Full Baths
3,166
SqFt
$3,143
/SqFt
1961
Built
Subdivision:
Irvine Terrace (IRVT)
County:
Orange
Listed by Rob Smith of Compass (949) 697-8855

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

525 El Paseo Drive525 El Paseo Drive525 El Paseo Drive525 El Paseo Drive
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DEVELOPMENT OPPORTUNITY WITH PERMITTED PLANS on, by far, the largest lot in the sought-after enclave of Irvine Terrace at well over 4/5 of an Acre. Come explore the potential of this significant Contemporary architectural design by Brandon Architects that takes full advantage of the large and unique building site, making it possible for the creation of a private residence with some modern elements, while still maintaining warmth and texture throughout. By maximizing views and indoor-outdoor connections, this property will take on the best aspects of 5-Star resort. At nearly 11,000 sf of living space, the Main Residence offers up to 7 Bedrooms, 7 Baths and 3 Powder Rooms, in addition to many other expected and appreciated rooms and spaces, including an ocean view Great Room with Bar adjacent to a Gourmet "Show" Kitchen and sequestered Chef's "Dirty" Kitchen. As one would expect, the design also includes a generous allocation of space for entertaining by way of a luxurious Lounge area, complete with Bar, Wine Room and Tasting Area, a Table Games area and Media Room. If you would prefer a workout, the design allows for a significant Home Gym with Bath and Sauna. While the Interior plan is impressive on its own, the proposed Exterior amenities solidify the design as an A+. Of note: Pool and Spa with Baja Shelf and Sunken Fire Pit, Outdoor Kitchen with Sit-At Bar, several outdoor Dining and Lounge areas, Bocce Ball Court, Grassy Lawn, Sauna and Pool Bath. But if all of this is not enough, the design also calls for a very private 770 sf 1-Bedroom Guest House out on the tip of the lot that will be an absolute hit with overnight and long-term visitors. And while the Garage are can sometimes be an afterthought in the planning process, that is certainly not the case at this residence, with garaging for 5 vehicles and additional off-street parking for several more vehicles in the Gated Motor Court. And we can't forget to mention the Views of the Pacific Ocean, Newport Harbor, Catalina Island, and City Lights, and being in close proximity to Balboa Island, Beaches, Private Golf, Tennis & Yacht Clubs, Fashion Island/Newport Center and the heart of Corona del Mar. Once completed, this home is destined to become legendary.

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Listing Snapshot
Price 
$9,950,000
Days On Site 
34 Days
Bedrooms 
5
Inside Area (SqFt) 
3,166 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.8196 Acres
Year Built 
1961
MLS® Number 
NP26088576
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$47.92 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Disclosures 
Homeowners AssociationCoastal Zone
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3166
Utilities 
Electricity AvailableNatural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableCable Not AvailableSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R-1
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Exterior Features
Lot Features 
Corner Lot
View 
BayOceanWaterHarborNeighborhoodCity Lights
Waterview 
BayOceanWaterHarborNeighborhoodCity Lights
Community Features
Association Amenities 
Picnic AreaPlaygroundSport Court
Association Dues 
575
Community Features 
CurbsSidewalks
Financing Terms Available 
Cash
HOA Fee Frequency 
Annually
Listed by Rob Smith of Compass (949) 697-8855



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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