1231 Dolphin, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 4 bed, 7 bath

1231 Dolphin, Corona Del Mar, California 92625 home-pic-0
ACTIVE$21,995,000
1231 Dolphin, Corona Del Mar, California 92625
4Beds
7Baths
6,232Sqft
14,480Lot
Year Built
2014
Close
-
List price
$22M
Original List price
$22M
Price/Sqft
$3,529
HOA
$60
Days on market
-
Sold On
-
MLS number
NP25064250
Home ConditionExcellent
Features
Excellent View: Bluff, Catalina, City Lights, Harbor, Neighborhood, Ocean, Panoramic, Water
Deck
Pool
Spa
Patio
ViewBluff,Catalina,City Lights,Harbor,Neighborhood,Ocean,Panoramic,Water

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,6 Pros. Rank: price - $22.00M(98th), sqft - 6232(95th), beds - 4(56th), baths - 7(90th).

This unparalleled custom residence in the sought-after Newport Beach enclave of Irvine Terrace delivers the ultimate in contemporary luxury, offering front-row vistas of Newport Harbor, Balboa Island, the Pacific Ocean, and Catalina Island. The inspiring design reflects the talents of architect Carlton Graham, as well as builders Steve Davidson Construction and Tom Waters. Natural elements, reflecting the home’s surroundings, are seamlessly incorporated throughout the two-level floorplan, which features four en suite bedrooms, a total of five full bathrooms, two half bathrooms, and approximately 6,232 square feet of living space. The main level is open and bright, with walls of floor-to-ceiling windows and fold-away glass doors framing panoramic vistas that come to life with passing yachts, sunsets of pure magic, and evening lights that dance across the water below. A great room with a fireplace and dining area, an island kitchen with premium appliances, white oak ceilings, and limestone floors and wall accents enhance the space. The luxe primary suite, located on the main level, is replete with a heated view deck that spans the width of the home, including a built-in BBQ bar. The lower level supplies a fabulous lounge and media room with a full wet bar, an office surrounded by glass doors, and a wine cellar with a full-size beverage refrigerator. Accordion doors lead to a terrace boasting an infinity-edge pool, raised spa, and an outdoor kitchen with a pro grill. Irvine Terrace is moments from Fashion Island’s shopping and dining attractions, the Newport Beach Country Club, and the Newport Harbor Yacht Club

Nearby schools

9/10
Harbor View Elementary School
Public,PK-61.1mi
7/10
Abraham Lincoln Elementary School
Public,K-61.6mi
9/10
Roy O. Andersen Elementary School
Public,K-61.9mi
9/10
Newport Coast Elementary School
Public,PK-63.7mi
9/10
Corona Del Mar High School
Public,7-121.9mi
Condition Rating
Excellent

This property, built in 2014, is a custom-designed contemporary luxury residence that is only 10 years old, fitting perfectly within the 'newly built or fully renovated recently' and 'built within 10 years' criteria for an 'Excellent' rating. The images and description showcase a meticulously maintained home with premium appliances in the island kitchen, high-end limestone flooring, white oak ceilings, modern light fixtures, and state-of-the-art features like floor-to-ceiling windows, fold-away glass doors, an infinity-edge pool, and a media room with a wet bar. All components appear new or virtually new, reflecting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unrivaled Panoramic Views: The property boasts front-row vistas of Newport Harbor, Balboa Island, the Pacific Ocean, and Catalina Island, enhanced by floor-to-ceiling windows and fold-away glass doors, offering breathtaking scenery from multiple vantage points.
Exceptional Luxury Design & Construction: An unparalleled custom residence built in 2014, featuring inspiring design by architect Carlton Graham and quality construction by Steve Davidson Construction and Tom Waters, incorporating natural elements, white oak ceilings, and limestone finishes.
Extensive High-End Amenities & Entertainment: Equipped with a premium island kitchen, a luxe primary suite with a heated view deck and built-in BBQ, a lower-level lounge, media room with wet bar, wine cellar, infinity-edge pool, raised spa, and outdoor kitchen with a pro grill.
Prestigious Irvine Terrace Location: Situated in the highly sought-after Newport Beach enclave of Irvine Terrace, moments from Fashion Island's shopping and dining, Newport Beach Country Club, and Newport Harbor Yacht Club.
Spacious & Modern Open-Concept Living: Offering approximately 6,232 square feet of open and bright living space with four en suite bedrooms, five full bathrooms, and two half bathrooms, designed for contemporary luxury and seamless indoor-outdoor flow.

Cons

Significant Price Discrepancy: The listing price of $21.995M is considerably higher than the property's estimated value of $17.69M, which may indicate an aggressive pricing strategy or potential overvaluation in the current market.
High Ongoing Maintenance Requirements: A property of this scale and with numerous luxury features, including an infinity pool, spa, and high-end finishes, will inherently incur substantial ongoing maintenance costs and time commitments.
Specific Contemporary Aesthetic: While custom and luxurious, the property's distinct contemporary design and specific natural material palette may appeal to a niche market, potentially limiting the pool of prospective buyers compared to a more universally appealing high-end style.

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