50
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5 Maritime
About This Property
tucked within the coveted Jasmine Creek community, this completely reimagined single-level residence blends warm contemporary design with a true indoor-outdoor California lifestyle.
Bathed in natural light from 11 thoughtfully placed skylights, the home transforms throughout the day - from soft morning light spilling into the primary suite to golden afternoon sun illuminating the expansive Taj Mahal quartzite island and open-concept living spaces.
Designed with seamless flow and effortless livability in mind, the residence offers fully step-free indoor and outdoor transitions, creating a rare large-scale single-level experience ideal for both everyday comfort and elevated entertaining.
At the heart of the home is a stunning chef's kitchen featuring:
* Full suite of WOLF appliances
* SUB-ZERO refrigerator
* Oversized natural Taj Mahal stone island
* Custom designer lighting
* Open integration with dining and living areas
The luxurious primary suite evokes a boutique resort atmosphere with:
* Natural volcanic stone flooring
* White travertine finishes
* Spa-inspired walk-in shower
* Oversized custom dog shower
* Dual walk-in closets
* Expansive sliding doors connecting directly to the outdoors
Three bedrooms each feature large-format sliding glass doors, blurring the line between interior comfort and private courtyard living.
A rare approximately 350 SF basement flex space offers endless possibilities for:
* Wine lounge
* Gym
* Media room
* Meditation retreat
* Private office
Throughout the home, premium finishes and materials were intentionally curated, including:
* EMTEK designer hardware
* Delta Nicoli Champagne Bronze fixtures
* Alexandra Black polished marble fireplace
* Smooth stucco exterior
* New black-framed windows and doors
* CB2, West Elm, and Crate & Barrel lighting selections
Outdoor spaces feel like a private resort retreat, complete with:
* Spa
* Fountain
* Pergola lounge
* Multiple courtyard experiences
* Large private rear yard
* Welcoming covered entry passage
Even the garage was elevated with:
* New black glass garage door
* Modern wall-mounted opener
* Industrial-grade epoxy flooring
A rare offering where architecture, natural light, materiality, and lifestyle come together in one cohesive experience - moments from the best of Corona del Mar beaches, dining, and coastal living.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Corona del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017