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$6,997,000
72 Days On Site

38 Drakes Bay Drive
Corona Del Mar, CA 92625

For Sale|Single Family Residence|Active
5
Beds
4
Full Baths
1
Partial Bath
3,917
SqFt
$1,786
/SqFt
2024
Built
Subdivision:
Spyglass Hill Custom (SPYC)
County:
Orange
Listed by Patrick Leeke of EQTY Forbes Global Properties pleeke@eqtyrealestate.com

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38 Drakes Bay Drive38 Drakes Bay Drive38 Drakes Bay Drive38 Drakes Bay Drive
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Welcome to this exquisite new construction home in the prestigious Spyglass Hill of Corona Del Mar. This meticulously crafted residence is a showcase of designer finishes and modern elegance, offering an unparalleled living experience. As you step inside, you'll be greeted by the seamless flow of high-end custom wallpapering and elegant designer touches that define this expansive 5-bedroom, 4.5-bath home. The open-concept living areas are perfect for both grand entertaining and intimate gatherings, with each space thoughtfully curated for luxury and comfort. The indoor-outdoor living experience is exceptional, featuring a stunning space with a sparkling private pool and elegant water features. Relax in the spa or enjoy al fresco dining at the gourmet outdoor kitchen. Motorized rain-sensing patio covers ensure year-round enjoyment, while breathtaking city light views provide a beautiful backdrop to your oasis. Additional highlights include a sophisticated built-in wine storage area, a 3-car garage with an EV charger, and advanced smart home technology operated by Control4, which includes audio/video security for your convenience and peace of mind. The home also features dual-zoned climate control, allowing for customized comfort throughout the residence. A custom security gate encloses a private front entry courtyard, creating an inviting and secure entrance. The home is also equipped with solar panels, enhancing its energy efficiency and sustainability. Perfectly situated, this property is just a short drive from the beautiful beaches of Corona Del Mar and the vibrant Village, known for its excellent shops and dining options. The family-friendly neighborhood of Spyglass Hill is also known for its delightful playgrounds and parks, making it an ideal community for families. This exceptional home is a rare find in one of Corona Del Mar’s most sought-after neighborhoods, combining luxury living with a welcoming and vibrant community.

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Listing Snapshot
Price 
$6,997,000
Days On Site 
72 Days
Bedrooms 
5
Inside Area (SqFt) 
3,917 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.2847 Acres
Year Built 
2024
MLS® Number 
NP24175737
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$192 monthly
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoPrice changed to $6,997,000
2 weeks agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.2847
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
3
Number Of Stories 
2
Parking 
Direct AccessDrivewayGarageOn StreetAttached
Parking Spaces 
3
Property Condition 
New Construction
Property Sub Type 
Single Family Residence
Security 
PrewiredSecurity SystemClosed Circuit Camera(s)Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Style 
Custom
Water Source 
Public
Interior Features
Appliances 
OvenDishwasherGas CooktopDisposalGas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorRange HoodSelf Cleaning Oven
Cooling 
Central AirZonedAttic Fan
Electric 
220 Volts in Garage
Fireplace 
Yes
Fireplace Features 
Family Room
Heating 
Forced AirZoned
Interior 
Sound SystemWet BarBreakfast BarBuilt-in FeaturesCrown MoldingHigh CeilingsOpen FloorplanStone CountersRecessed LightingSmart HomeWired for SoundWalk-In Closet(s)Master Downstairs
Laundry Features 
Laundry RoomUpper Level
Main Level Bedrooms 
1
Spa 
Yes
Window Features 
Blinds
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Exterior Features
Exterior 
BarbecueBalcony
Patio And Porch 
Rear PorchFront PorchPatio
Pool Features 
FencedHeatedIn GroundPrivate
Private Pool 
Yes
Spa 
Yes
Spa Features 
HeatedIn GroundPrivate
View 
CityCity Lights
Waterview 
CityCity Lights
Windows/Doors 
Blinds
Community Features
Association Amenities 
Picnic AreaPlaygroundTrail(s)
Association Dues 
576
Building Access 
1
Community Features 
CurbsSidewalksPark
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Quarterly
MLS Area 
CS - Corona Del Mar - Spyglass
Roads 
Paved
School District 
Newport Mesa Unified
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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