See Home Value
$2,900,000
● House - Off Market

700 Malabar Drive

Corona Del Mar, CA 92625
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,149 Ft²
$4,713,380
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Located in the oh-so desirable community of Irvine Terrace, sits 700 Malabar Dr.... A flat lot of amazing proportion (over 9,600 sq ft), with views of the bay, ocean and Catalina Island...this could be considered 'The Dichotomy Home'... light but private... abundant yet compact... modest although priceless... demure at the beginning ... parklike at the conclusion. Rarely does a home of this character and practicality come on the market... 4 bedrooms (one is currently being used as an office) every space is gracious coupled with a bit of 'panache'... Live in this little gem as is... or build your dream home, either way... a winner!
Unit Size
2,149 Ft²
Days on Market
197 days
Land Size
0.22 acres
Price per sqft
$1,487
Property Type
House
Property Taxes
-
HOA Dues
$44
Year Built
2021

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Last updated: 5 months ago (CRMLS #NP18262191)

Price History

Date / Event Date Event Price
Dec 31, 2022 No longer available -
No longer available
Dec 2, 2022 In contract -
In contract
Oct 12, 2022 Listed by Douglas Elliman Real Estate $9,495,000
Listed by Douglas Elliman Real Estate
Introducing Corona del Mar’s newest luxury retreat. Construction has just been completed on this modern architectural home set in the Irvine Terrace enclave. Situated on a flat lot of over 9,600 sq. ft. with direct access through a vast lawn space to Irvine Terrace Park, the design by architect Eric Aust embraces the highest quality construction and finishes throughout over 5,000 sq.ft.of single level living space, incorporating tumbled limestone slab and honed marble offset by rich, antique brass for a bold yet sophisticated look. Enjoy the massive open outdoor entertainment area, where a covered California room transitions to a sun-kissed pool and spa including a sitting fire pit lounge and built-in barbeque.The modern open floor plan hosts a work-from-home office, separate media room and five en-suite bedrooms, including a decadent primary suite with his-and-her walk-in closets, spa-like bath, private fireplace and multiple exterior access points. The light-filled great room with tall vaulted beamed ceilings is ideal for entertaining and day-to-day relaxation. From there, effortlessly move the dining space with dual wine vaults or outside through vast sliding doors and casual dining at the kitchen waterfall edge island. An additional dirty kitchen with walk-in cooler and range allows flexibility for events. The separate Two-door, three-car garage allows ample vehicle parking. The fully integrated smart home system adds all modern amenities to be expected in a home of this caliber. A true modern masterpiece, be the first to live in this brand-new jewel of Corona Del Mar. Centrally located and nearby to Fashion Island,Balboa Island, Newport Country Club, Balboa Bay Club all local dining and shopping. The manager has listed the unit size as 5098 square feet.
Aug 13, 2020 No longer available -
No longer available
May 18, 2020 Listed $3,495,000
Listed
Attention all end users and developers - 700 Malabar allows an opportunity to purchase a permit ready property with plans approved by renowned architect Eric Aust in Corona Del Mar’s desirable community of Irvine Terrace. A rare opportunity to build your dream home on a flat lot of over 9,600 square feet with direct access and bonus lot space to Irvine Terrace Park. Plans call for over 5000 square feet of single level living space that includes a covered California room overlooking the outdoor entertainment area with pool, spa and views of the bay, ocean and Catalina island. The open floor plan offers 5 bedrooms, 5.5 bathrooms, a great room, dining room, wine room, a bonus room, chef’s kitchen with a separate dirty kitchen and garage spaces for 3 cars. The manager has listed the unit size as 5037 square feet.
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Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • Building Quality: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 713
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 240

    Dimensions

  • Lot Size Square Feet: 6,660
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,613
  • Gross Building Area: 4,613
  • Building Area: 4,613
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 4,613
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: N TR 1701 BLK LOT 91 TR 1701 LOT 91(AND POR LOT 93

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062701

Geography

  • Assessors Map Reference: 32-A6
  • Subdivision Tract Number: 1701
  • Parcel: 050-293-09
  • Lot: 91,93
  • Latitude: 33.6084
  • Longitude: -117.882

    Address

  • Full Address: 700 Malabar Dr
  • Address - House Number: 700
  • Address - Street Name: Malabar
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Corona Del Mar
  • Carrier Code: C006
  • 4-Digit Zip Code: 1839
  • Zip Code: 92625

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,486,334
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 4,031,579
  • High Value: 4,834,815
  • Low Value: 3,228,344

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,020,000
  • Assessed Land Value: $7,290,662
  • Assessed Improvements Value: $1,729,338

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 421663
  • Previous Sale Recording Date: May 16, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $2,900,000
  • Previous Sale Document Type: 36
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 700 Malabar Drive built and last sold?
The property at 700 Malabar Drive was built in 2021 and last sold on Dec 1, 2022 for $9,020,000.
How much is this home worth?
The estimated value of the home located at 700 Malabar Drive is $9,535,424.
What are some comparable homes to 700 Malabar Drive?
There are currently no comparable homes to 700 Malabar Drive.

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