#OC24252524, Paul Daftarian, Listing Office: Luxe Real Estate
#OC25021168·
Listing Office: Luxe Real Estate·
Listing Agent: Paul Daftarian·
Listing Office Phone: 949-484-0387
$6,998,000 List price
38 Drakes Bay Dr Corona Del Mar, CA 92625
5 beds
4 full, 1 partial
3,917 sqft
0.3 acres
$1,787 / sqft
House
Property details
About 38 Drakes Bay Dr
Perched in prestigious Spyglass Hill, 38 Drakes Bay Dr is a masterclass in design, craftsmanship, and modern luxury. Framed by breathtaking panoramic views of city lights and snow-capped mountains, this newly rebuilt home delivers an unparalleled living experience, where architecture, functionality, and innovation converge in perfect harmony. Designed with no expense spared, the home was thoughtfully overbuilt as a forever retreat. The result is a resort-style sanctuary, offering seamless indoor-outdoor flow, impeccable fit & finish, & smart home tech. Upon entry, expansive walls of glass and oversized windows bathe the home in natural light, highlighting a timeless material palette and flawless craftsmanship. The family room flows into the chef’s kitchen, featuring bar seating, top-tier appliances, and a breakfast nook that extends to both the dining room and outdoor dining with fire-lit lounges. The dedicated dining room opens to an outdoor lounge and kitchen, perfect for hosting year-round with motorized rain-sensing pergolas and Infratech heating. The formal living/entertainment room is a showpiece, featuring a wine wall, wet bar, and La Cantina pocketing doors that erase the boundary between indoor and resort-caliber outdoor living. A generous outdoor oasis wraps the rear of the property, designed for daily relaxation and large-scale entertaining. The saltwater pool and spa, multiple covered dining and lounge areas, outdoor kitchen, and fire features set against spectacular views create the ultimate retreat. Meticulously manicured landscaping and lighting complete the space and bring the home to life. A main-floor en-suite bedroom with a private Zen patio offers flexibility as a guest retreat or home office. Upstairs, the primary suite is an experience unto itself, featuring a cozy fireplace, spa-like bath with floating tub, walk-in shower, dual vanities, and makeup station. An oversized walk-in closet with island and a panoramic view balcony make this retreat truly exceptional. A junior primary/in-law suite, two secondary bedrooms, and a dedicated laundry room complete the upper level. Equipped with Control4 smart home automation, an oversized three-car garage with EV charger, and solar panels, the home is both intelligent and efficient. Moments from the CdM Village, world-class resorts, shopping, dining, and beaches, 38 Drakes Bay Dr offers an unmatched blend of lifestyle, luxury, and breathtaking beauty—all at incredible value.
Highlights
Home typeSingle Family Residence
HeatingCentral, ENERGY STAR Qualified Equipment, Forced Air
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Dual, ENERGY STAR Qualified Equipment, Other, Zoned
Size3,917 sqft
Lot size0.2847 Acres
Year built2024
ParkingDoor-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Public, On Street
MLS #OC25021168
Attached garage3 spaces
FireplaceDen, Family Room, Gas, Primary Bedroom, Outside
ViewCity Lights, Hills, Mountain(s), Neighborhood
Private poolYes
Summary
- MLS Number: OC25021168
- MLS Name: CRMLS
- Office Name: Luxe Real Estate
- Office Phone: (949) 484-0387
- Listing Agent: Paul Daftarian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,998,000
38 Drakes Bay Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 27, 2017 | Home Sold | $2,175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,426,252 | $25,234 |
| 2023 | $2,378,679 | $24,637 |
| 2022 | $2,332,039 | $24,172 |
| 2021 | $2,286,313 | $23,706 |
| 2020 | $2,262,870 | $23,465 |
| 2019 | $2,218,500 | $22,547 |
| 2018 | $2,175,000 | $22,547 |
| 2017 | $305,134 | $3,467 |
History based on county public records data.
Nearby schools
8
Newport Coast Elementary School
Public District KG-6
1.0 mi
•6655 Ridge Park Rd
8
Abraham Lincoln Elementary School
Public District KG-6
1.1 mi
•3101 Pacific View Dr
8
Roy O. Andersen Elementary School
Public District KG-6
1.1 mi
•1900 Port Seabourne Way
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $205,399. Most Corona Del Mar, CA residents have annual incomes $200k+. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
7%
<35k
15%
35k-100k
27%
100k-200k
51%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
24%
Single, No Kids
3%
Single, with Kids
55%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
8%
12-17 yrs old
9%
18-34 yrs old
44%
35-64 yrs old
32%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding- Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom
Brooks Brothers
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Acura
What do the neighbors listen to?
News
Talk/Personality
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 38 Drakes Bay Dr
This home is located at 38 Drakes Bay Dr in Corona Del Mar, CA and zip code 92625 in the Spyglass Hill neighborhood. This 3,917 square foot home, which was built in 2024, sits on a 0.28 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $6,998,000.
In February 2025, from all listings sold in Corona Del Mar, CA there were more than 1 sold above asking price, over 12 sold below and more than 3 were sold right at the asked price. Between January and February 2025, Corona Del Mar, CA real estate market has seen increase in the number of listings by 11.7%. In February 2025 median list price was $3,880,000 and the average listing age was 66 days.
From Rocket Homes Real Estate and based on county public records data.