See Home Value
$3,500,000
● House - Off Market

2811 Ocean Lane

Corona Del Mar, CA 92625
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,732 Ft²
$5,850,659
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Gracing the front row corner location at Lookout Point, this property provides panoramic views from above Corona Del Mar's premier vista perched over the Pacific Ocean. With a view inclusive of the Newport Harbor, Catalina Island, the world-famous Wedge wave break, beaches, jetties, and coastline horizons from Cameo Shores to Palos Verdes, this gem of a location boasts one of the best views in all of Southern California. Just add your own custom designed home on this 60' x 96' private lot with "front row" views, guaranteed in perpetuity by a 1951 covenant limiting the height of the 3 Ocean Blvd properties directly in front. This premiere property situated on Ocean Lane also benefits from a private driveway easement that provides refuge from the car and foot traffic noise from Ocean Blvd. This one-of-a-kind location put the beach, Corona Del Mar Village, shopping, dining, and parks just outside your door.
Unit Size
1,732 Ft²
Days on Market
248 days
Land Size
0.13 acres
Price per sqft
$2,309
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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Last updated: 4 months ago (CRMLS #OC19083673)

Price History

Date / Event Date Event Price
Jan 13, 2022 No longer available -
No longer available
Feb 17, 2021 In contract -
In contract
Nov 16, 2020 Listed by Surterre Properties Inc. $8,500,000
Listed by Surterre Properties Inc.
Spectacular Ocean and Bay Views CDM- Contemporary California Beach House designed by renowned Brandon Architects. Interior design and finishes by Blackband Designs. Perched on an elevated lot offering breathtaking panoramic Catalina ocean and bay views, this smart home features a spacious and open floorplan full of natural light that flows in from the Pacific Ocean through the multiple courtyards, patios and decks into the entire house. The great room will blow your mind offering sit-down ocean views from the living room, dining room and chef’s kitchen which has a prep kitchen and large walk-in pantry. Elevator goes to all levels including the rooftop California Room an entertainer’s dream with outdoor kitchen- built-in BBQ, two tap handle kegerator, outdoor dining area and hot tub, all with 180-degree panoramic ocean and bay views. Master suite is the retreat that everyone dreams of with awe-inspiring sit-down ocean views w resort style master bathroom and huge walk-in closet Situated on an elevated oversized 5760 square foot lot which is 40% larger than a standard CDM Lot This property is one house off “front row” but offers front row “forever views”- the homes that will be built in front are restricted to single levels. Full size 3 car side-by-side garage, covered carport and additional parking space total 5 car parking Expect the highest quality decorator finishes, artisan tile work and state of the art lighting and fixtures Completion of construction October 2021 The manager has listed the unit size as 4500 square feet.
Dec 20, 2019 Sold
Sold
Apr 16, 2019 Listed by Compass $4,000,000
Listed by Compass

Property Highlights

Garage
Parking Available
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 948
  • Garage Type: 7
  • Garage Square Area: 765
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,760
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,978
  • Gross Building Area: 4,978
  • Building Area: 4,978
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,978
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUBDIVISION OF CORONA DEL MAR
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: A TR RESUB OF CORONA DEL MAR BLK 34 LOT 5 RESUB OF CORONA DEL MAR LOT 5 BLK 34 NELY 96

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062702

Geography

  • Assessors Map Reference: 33-A2
  • Subdivision Tract Number: 648
  • Parcel: 052-061-20
  • Block: 34
  • Lot: 5
  • Latitude: 33.596
  • Longitude: -117.877

    Address

  • Full Address: 2811 Ocean Blvd
  • Address - House Number: 2811
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Corona Del Mar
  • Zip Code: 92625

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,119,428
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 5,827,291
  • High Value: 7,120,361
  • Low Value: 4,534,221

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,670,000
  • Assessed Land Value: $6,120,000
  • Assessed Improvements Value: $2,550,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 11973
  • Previous Sale Recording Date: Dec 20, 2019
  • Previous Sale Contract Date: Nov 21, 2019
  • Previous Sale Amount: $3,500,000
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Corona del Mar


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Frequently Asked Questions

When was property at 2811 Ocean Lane built and last sold?
The property at 2811 Ocean Lane was built in 2020 and last sold on Nov 30, 2021 for $8,500,000.
How much is this home worth?
The estimated value of the home located at 2811 Ocean Lane is $8,585,000.
What are some comparable homes to 2811 Ocean Lane?
There are currently no comparable homes to 2811 Ocean Lane.

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